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Business News

New Form For Claiming Tax Deductions On HRA, LTA

As per the new provision introduced in the Finance Act 2015, there is a mandatory requirement for the employer to obtain proofs from the employee in a form and manner as prescribed, prior to allowing deductions or exemptions.

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Two Years Of Modi Govt | Narendra Modi’s Startup Sapling Yet To Bloom

Overall, Prime Minister Narendra Modi's Startup India, Standup India initiatives have been well received by the startup community

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Raghuram Rajan 'Mentally Not Fully Indian', Sack Him, Subramanian Swamy Writes To PM Modi

BJP MP Subramanian Swamy has written to Prime Minister Narendra Modi seeking immediate sacking of the former IMF Chief Economist while alleging he was 'mentally not fully Indian' and has 'wilfully' wrecked the economy

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Motherson Sumi Fourth Quarter Net Profit Rises 22 Per Cent

The company, valued by the market at $5 billion, makes wiring harnesses, rear view mirrors and components like bumpers and dashboards

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LG's To Be Made In India Phones

Kim Ki Wan, managing director of LG India, recently flagged off the K7 and K10, two devices in its 'K Series' that will be made in the country

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Google Spaces: We Need Another Messaging App?

Google has added a few things to make this platform unique. There's a search box right in the app. You can share a website or something on YouTube for discussion

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Indian-Origin UK Tycoon To Restart Steelworks Bought From Caparo

Sanjeev Gupta's Liberty House is also at the forefront of a bid to acquire Tata Steel's assets in Britain

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Disney Seeks Dismissal Of Lawsuit Over Displacing US Workers

A former employee alleges Disney and HCL colluded with each other when telling the Department of Labour that the hiring of foreigners would not adversely affect working conditions of US workers

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Rupee Recovers By 13 Paise Against Dollar

Forex dealers said domestic equity markets opening with gains and dollar's weakness against other currencies overseas too supported the rupee

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L&T And Emas AMC Win Aramco $1 Billion Hasbah Gas Expansion Contract

Work includes building platforms and pipelines, with the offshore Hasbah sour gas field's supply feeding the Fadhili gas plant

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