[© orporate Updates on 25.9.2019
Ø NPAs are giving Banks a new cause for worry
Ø India turns to UAE for extra LPG as Saudi cuts supplies
Ø The inadvertent effect of India's $20 Billion mega tax cut
Ø Labour Ministry notifies 8.65% Interest rate on EPF
Ø NCLT allows RP 90 more days to finish RCom insolvency
Ø Infy, TCS, HDFC among Forbes Best 'regarded' cos
Ø Coal Shortage puts Rs 5 Trn Investment in Power Plants at risk: Official
Ø Govt will maintain Borrowing Plan, likely sell Rs 2.68 Trn of Bonds: Report
Ø Supreme Court resuscitates Amtek Auto, allows fresh bids for Company
Ø GMR Infra, Reliance among 19 companies bidding to build Noida Airport
Ø IDBI Bank puts Rs 9,750 Crore non-performing loans on the block
Ø Corporate Tax stimulus might not lead to Higher Buyback or Dividends
Ø India must aspire to be top recipient of FDI: Ravi Shankar Prasad
Ø Lebanon’s Geo-Tech Engineering firm ACTS acquires two Indian companies
Ø Pennar Ind to double its cold drawn welded tubes capacity
Ø DLF reworking Strategy to increase food and beverages share to 18-20%
Ø RBI puts curbs on PMC Bank, Customers panic
Ø Recycle, Reuse Policy to drive India’s plan to become Resource efficient
Ø Lower Corporate Tax should fetch India Higher Investments : RBI’s Das
Ø India, US expected to sign Interim Trade Agreement today
Ø JSW Steel raises $400 Million in Overseas Debt
Ø India-US Trade Deal will help achieve Bilateral Trade Target of $500 Billion
Ø Textile Bodies urges Centre to come up with Stimulus Measures
Ø Leather Sector Exports can touch $9 Billion by 2020
Ø As NPA Resolution crawls, Banks stare at spike in Credit cost
Ø RIL's Tax Liability to fall by 4 Percentage Points: Morgan Stanley
Ø Steep jump in Demand for Basic Motor Insurance
Ø Rupee rises 22 Paise against US Dollar in early trade
ØWind Energy can light up the Entire World
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Goa records 26% deficit in GST, Centre to compensate:
READ MORE- https://www.gststation.in/goa-records-26-deficit-in-gst-centre-to-compensate/
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👉The Income Tax department has issued a clarification that a copy of notification, being circulated on social media, pertaining to extension of ITR filing deadline is fake.
Under Section 44AB of the Income Tax Act, September 30 is the last date for filing of ITR for all those whose accounts are to be audited.
👉With slower pace of resolution of bad loans, banks are staring at a spike in their credit cost, which is set to rise in the range of 1.9-4.6 percent for the second half of the current fiscal.
👉Task force on Direct Tax recommends 10% slab on income of Rs 5-10 lakh. The report also includes a proposal to drop surcharges and cess levied on income tax.
👉RBI put severe curbs on Punjab and Maharashtra Co-operative (PMC) Bank on Tuesday, including on cash withdrawals, amid a probe into accounting lapses, sparking speculation that the regulator may force a management change through a merger.
👉IRCTC IPO may hit market on Sept 30, to fetch govt around Rs 600cr.