Soon, lands will have Aadhaar-like unique ID numbers

New Delhi: India will soon start issuing unique numbers for landholdings as part of an exercise expected to bring transparency and end dubious land ownership. The rural development ministry has started work on assigning a standardised unique number for each surveyed plot, a senior government official said. The unique number will have details of the … Read more

Govt cuts corporate tax rate to 22%, relief on buyback tax

The finance ministry lowered the corporate tax rate to 22% for firms that do not avail tax incentives. New manufacturing companies will have to pay an even lower corporate tax rate of 15% Listed companies announcing share buybacks before 5 July to be exempt from buyback tax New Delhi: The government on Friday cut corporate … Read more

Nitin Gadkari promises ‘concrete decision’ for timely payments to MSME

Speaking at a convention of ‘Laghu Udyog Bharti’, an RSS-linked outfit which works in MSME sector, he also promised to rid the national capital of pollution in five years. Delayed payments is a major headache for Micro, Small and Medium Enterprises, Union MSME minister Nitin Gadkari said on Saturday, adding that he was trying to … Read more

NITI Aayog invites nominations for Women Transforming India Awards

NITI Aayog, the premier think tank of the Government of India, has launched the Fourth Edition of Women Transforming India (WTI) Awards, in collaboration with the United Nations in New Delhi today. UN Resident Coordinator in India, Ms. Renata Lok-Dessallien, opened the nomination process for WTI Awards 2019, in the presence of CEO NITI Aayog, … Read more

Gadkari, MSMEs complain of poor disbursal under 59-minute loan scheme

NEW DELHI: Micro, small and medium enterprises (MSME) minister Nitin Gadkari and small businesses on Tuesday complained about the 59-minute loan scheme being slow in disbursing loan, while asking FM Nirmala Sitharaman to ensure that their dues from the government are cleared expeditiously. Gadkari flagged both the concerns during a meeting convened by FM as part of a series … Read more

Hedge funds make a comeback in India; bet on 25 start-ups this year

Deal volumes similar to 2014, half of 2015, and thrice the deal volume in 2016 and 2018 Hedge funds, which led the start-up funding boom in 2015, are making a comeback, after taking a pause for a few years. And, it is not just Tiger Global, which has invested in 15 start-ups this year. Many … Read more

24×7 Neft transfer from Dec ember to boost digital play

New Delhi: Taking a series of steps to boost the adoption of digital payments, RBI on Wednesday said the National Electronic Funds Transfer (NEFT) facility will be available 24×7, the scope of utility bill payments will be expanded, and more players will be encouraged in the retail payment space. Beginning December, online payments through NEFT will be available … Read more

स्टीलबर्ड कंपनी काश्मीरमध्ये फॅक्ट्री उघडणार

नवी दल्लीः जम्मू-काश्मीरला विशेष राज्याचा दर्जा देणारे कलम ३७० रद्द करण्याचा निर्णय केंद्र सरकारने घेतल्यानंतर देशभरातून या निर्णयाचे स्वागत करण्यात येत आहे. या निर्णयानंतर जम्मू-काश्मीरमध्ये जमीन खरेदी करण्याला, व्यापार करण्याला इतर राज्यातील लोकांना परवानगी मिळणार आहे. आशियातील सर्वात मोठी हेल्मेट कंपनी स्टीलबर्ड हायटेकने जम्मू-काश्मीरमध्ये कारखाना उघडण्याची इच्छा बोलून दाखवली आहे. स्टीलबर्ड कंपनीने सरकारच्या या निर्णयाचे स्वागत … Read more

काश्मीरमध्ये मिळणार गुंतवणुकीची संधी, बांधकाम व्यवसायिक उत्सूक

जम्मू काश्मीरला विशेष राज्याचा दर्जा देणारे कलम ‘३५ ए’ आणि ‘३७०’ हटविल्यानंतर बांधकाम क्षेत्रातील कंपन्या आता तेथे गुंतवणुकीसाठी संधी शोधत आहेत. त्याचमुळे देशातील रिअल इस्टेट क्षेत्रात कमालीचे उत्साहाचे वातावरण पसरले आहे जम्मू काश्मीरला विशेष राज्याचा दर्जा देणारे कलम ‘३५ ए’ आणि ‘३७०’ हटविल्यानंतर बांधकाम क्षेत्रातील कंपन्या आता तेथे गुंतवणुकीसाठी संधी शोधत आहेत. त्याचमुळे देशातील रिअल … Read more

कर्ज घोटाळ्यात ईडीच्या धाडी; ४८१ कोटींच्या मालमत्ता जप्त

नवी दिल्ली : कोट्यवधी रुपयांच्या कर्ज घोटाळ्याप्रकरणी अंमलबजावणी संचालनालयाने (ईडी) गुरुवारी बासमती तांदूळ प्रक्रिया उद्योगातील आघाडीची कंपनी आरईआय अ‍ॅग्रो लिमिटेडच्या तळांवर छापे मारले. या छाप्यांत कंपनीच्या ४८१ कोटी रुपयांपेक्षा जास्त किमतीच्या मालमत्ता ईडीने जप्त केल्या आहेत. ईडीने कंपनीविरुद्ध मनी लाँड्रिंग प्रतिबंधक कायद्यान्वये हंगामी जप्ती आदेश काढला होता. त्यानुसार, ही कारवाई करण्यात आल्याचे ईडीने जारी केलेल्या निवेदनात म्हटले … Read more