HC extends stay on proceedings against Subrata Roy in IT case

Last Updated: Tuesday, August 18, 2015, 18:03

Delhi High Court Tuesday extended till November 27 the stay on trial court proceedings against Sahara chief Subrata Roy, now in Tihar Jail, in an income tax case for allegedly not filing returns for a group company for the assessment year 2013-14.

CBDT constitutes committee to fine tune transfer policy

Last Updated: Sunday, August 16, 2015, 20:42

In view of largescale cadre restructuring being effected in the Income Tax department recently, the CBDT has constituted a committee to review the existing transfer and posting policy in the organisation.

RCom Q1 net jumps 34% at Rs 177 crore

Last Updated: Friday, August 14, 2015, 21:25

Reliance Communications on Friday reported a 34 percent jump in its net profit at Rs 177 crore for the quarter ended June 30 on the back of growth in data.

Cipla Q1 net profit zooms over two-fold to Rs 651 crore

Last Updated: Friday, August 14, 2015, 19:48

Drug major Cipla on Friday reported an over two-fold jump in its consolidated net profit to Rs 650.61 crore for the quarter ended June 30, 2015 mainly on account of robust sales.

India may take up setting up of ITOU in UAE during Modi visit

Last Updated: Friday, August 14, 2015, 15:45

The pending issue of setting up Income Tax Overseas Unit (ITOU) at UAE may be taken up during Prime Minister Narendra Modi's visit to the gulf nation on August 16-17.

Reliance Capital Q1 net profit up 22.5% at Rs 201 crore

Last Updated: Friday, August 14, 2015, 15:42

Financial Services firm Reliance Capital on Friday reported a 22.5 percent rise in net profit at Rs 201 crore for the first quarter ended June 30.

Middle class woes to continue as wholesale onion prices touch 22-month high

Last Updated: Friday, August 14, 2015, 11:06

Woes for the Indian middle class seems to be far from over due to constant escalation in wholesale price of onion.

'Govt schemes to boost per capita income, pricing to farmers'

Last Updated: Thursday, August 13, 2015, 18:52

The government has initiated various programmes that will help in boosting per capita monthly income and also approved a scheme aimed at providing better pricing to farmers, improving supply chain and reducing wastages, Parliament was informed Thursday.