Monthly Archives: January 2017

Centre says GAAR effective April 1, industry demurs

The new rules give tax authorities the right to scrutinise and tax transactions which they believe are structured solely to avoid taxes. The Centre has reiterated that the General Anti Avoidance Rules – aimed at curbing tax avoidance – will come into force on April 1, ignoring industry’s suggestion to …

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WTO pact set to lift world trade by $1 tn. in Trump era

A trade accord that will boost global exports by $1 trillion should come into force within two weeks, the head of the World Trade Organization said, just as the rhetoric of U.S. President Donald Trump clouds the outlook for global trade. The Trade Facilitation Agreement (TFA) will have a major …

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Aadhaar covers 99% of adults in India: Prasad

More than 111 crore people now have an Aadhaar number, covering more that 99% of the Indian adult population, the government said. Enrolment for Aadhar has increased to 7-8 lakh per day post demonetisation, against 5-6 lakh till October. There has also been an increase in use of Aadhaar-enabled payments …

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ITC net rises 5.7%, Puri is CEO

The company had posted a net profit of Rs 2,503.76 crore during the same period last fiscal. ITC’s third-quarter net profit rose 5.7% to ₹2,646.7 crore, as demand for its fast moving consumer goods including packaged foods was affected by the withdrawal of high-value banknotes and taxes crimped margins at …

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‘77,000 jobs created in July-Sept 2016’

Economists said declining jobs in the IT sector could be attributed to uncertainty in the market due to U.S Presidential election results About 77,000 jobs were created in July-September 2016 compared with the previous quarter, with key sectors like manufacturing, construction and information technology showing a dip in job creation, …

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‘Unite the Left and raise its presence’

Sitaram Yechury says six Left parties have joined hands in U.P. with the aim of fighting communal forces and the Centre’s wrong policies In a significant step, six Left parties will fight the Uttar Pradesh elections as a collective front. The parties are the CPI(M), CPI, CPI(M-L) (Liberation), Socialist Unity …

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Goa civil society groups present alternate manifesto

An alternative road map for Goa Over 50 non-governmental organisations(NGOs), environmental groups and civil society members turned up here on Republic Day to endorse a People’s Manifesto and people’s pledge to support, promote and vote for implementation of the Goenchi Mati Manifesto. The Goenchi Mati Movement (GMM) is a single …

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Nagoba jatara brings Adivasis’ managerial skills to the fore

The initial days of the event, spread over a month, are marked by skilful preparations for the jatara by community leaders As the outside world knows less about their customs and traditions, the Adivasis hardly get credit for their managerial skills. Their acumen in managing events, however, can be seen …

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Desilt Vaigai dam, waterbodies: Farmers

They also urge the administration to allow them to use the desilted soil in their farmlands Farmers made a fervent appeal to the administration to desilt the Vaigai dam and all the tanks in Madurai district by making use of the drought situation, at the monthly farmers’ grievance meeting here …

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MP Chief Minister visitsRamanathaswamy Temple

Madhya Pradesh Chief Minister Shivraj Singh Chouhan offered worship at Ramanathaswamy Temple here on the occasion of ‘Thai amavasya’ and called on APJM Maraikayar, elder brother of former president APJ Abdul Kalam, in a brief visit to the island on Friday. Mr. Chouhan who flew down to Ramanathapuram by helicopter …

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