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Latest Articles in India

Last Date To File GST Annual Returns Extended Till 30 November

"It is hereby informed that the last date for furnishing of annual return in the Form GSTR-9 / Form GSTR-9A and reconciliation statement in the Form GSTR-9C for the financial year 2017-18 is extended from August 31, 2019 to November 30, 2019," the Central Board of Indirect Taxes & Customs (CBIC) said in a statement.

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Indian Economy Set For Weakest Quarter Of Growth In Five Years: Report

On Friday, Finance Minister Nirmala Sitharaman announced reforms to revive economic growth, including rolling back recent tax hikes on foreign and domestic equity investors and several measures for industries.

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Rupee Slips 42 Paise To 72.08 Vs $ In Early Trade

At the Interbank Foreign Exchange, the rupee opened at 72.03 then fell to 72.08 against the $, showing a decline of 42 paise over its previous closing.

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India's GDP To Grow At 6 Per Cent in April-June: Survey

The country's economy grew at 8.2 per cent in April-June 2018-19. The growth numbers for the first quarter are expected to be released by the Central Statistics Office next week.

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Govt To Soon Consider Relaxing FDI Norms In Single Brand, Digital Media

In the existing foreign investment policy, 100 per cent foreign direct investment is permitted in the manufacturing sector under the automatic route.

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EPFO To Launch E-Inspection System To Simplify Process

EPFO (Employees' Provident Fund Organisation) proposed to amend the Act to limit enquiry period to a maximum of two years in order to curtail harassment.

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Rupee Slips 42 Paise To 72.08 Vs $ In Early Trade

At the Interbank Foreign Exchange, the rupee opened at 72.03 then fell to 72.08 against the US dollar, showing a decline of 42 paise over its previous closing.

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Former Finance Minister, Arun Jaitley Passes Away

He was rushed to AllMS on August 9 after he complained of breathlessness and restlessness. He was kept under observation at the Cardio-Neuro-Centre of the hospital.

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Finance Minister Proposes Measures To Enhance Fund Flows For Infra, Housing Projects

The government will also take further action on development of credit default swap markets in consultation with the Reserve Bank and market regulator Sebi.

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Tax Surcharge On FPIs Removed: Sitharaman

Surcharge on long and short term capital gains from transfer of equity shares has been withdrawn, said FM Nirmala Sitharaman.

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India Inc Grows Impatient As Economy Dips And Modi Is Distracted

"The speed of decision-making is very good for example in Kashmir, but the speed of decision-making on business matters is not good," said Adi Godrej, chairman of the Godrej Group, which sells everything from electronics to chemicals.

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Finance Minister Nirmala Sitharaman Seeks Antitrust Whip On Global Firms Abusing Dominance

"CCI (Competition Commission of India) should take suo moto cognisance of global companies having no presence in India but abusing Indian consumers," Sitharaman said at an event in Delhi on Friday.

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Chidambaram, Arrested In INX Media Case, Spends A Quiet Night At CBI Headquarters

It is normal for the agency to keep high security arrested accused in the guest house to ensure proper security and monitoring.

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Rupee Slips 17 Paise To 71.72 Vs $ In Early Trade

At the interbank foreign exchange, the rupee opened weak at 71.65 then fell to 71.72 against the $, showing a decline of 17 paise over its previous closing.

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P. Chidambaram Arrested In Corruption Case

Chidambaram was arrested by federal police on a warrant issued by a competent court, a spokesman for the CBI said.

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