Money

Business and Finance

January wholesale inflation eases to 10-month low on lower food, fuel prices

The overall vegetable prices in January declined 4.21% against a rise of 40.77% in January last year.

With unregistered PAN, 95% real estate companies in 12 states could be out of tax net

In Andhra Pradesh and Telangana alone, 98% of real estate companies did not register their PAN with the registrar of companies (ROC).

Government to divest 100 per cent stake in Air India's ground handling arm

To facilitate the divestment, Air India has entered into a share purchase agreement with a special purpose vehicle, Air India Assets Holding Ltd.

Suspicious income tax refund claims rising, under I-T Dept scanner: Government

Scrutiny assessments have been initiated against taxpayers claiming high refunds inconsistent with the pattern of income and investments.

I-T Dept cracks down on hawala scam in Delhi, unearths Rs 18000 cr bogus billings

A senior official said one group in central Delhi's Naya Bazar, which led to the detection of the bogus billing, had floated 12 bogus entities for providing fake bills.

Unable to pay salaries, debt-ridden MTNL seeks Rs 500 crore from Telecom department

An amount of Rs 200 crore from this is meant to settle the wage bill of MTNL employees for January.

FM Piyush Goyal favours currency printing as a way of deficit financing

The fiscal deficit estimate for the current year has been revised upwards to 3.4 per cent of the gross domestic product (GDP).

Mukesh Ambani is India’s most charitable person, tops Hurun India Philanthropy list

Ambani donated Rs 437 crore between Oct 2017 and Sept 2018, followed by Piramal Group Chairman Ajay Piramal who donated Rs 200 crore during the period.

Explained: Here’s what you need to know about your salary slip and Form 16

TNM demystifies ‘Cost to Company,’ Taxable Salary and what you need to know to plan your taxes more efficiently.

Paytm Money launches option pay later for mutual fund investments

When a user opts to pay later, the SIP Investment is sent to the AMC post payment for the mutual fund scheme.