Business

New Delhi: The draft Income Tax rules that propose to bring sweeping changes ranging from simplified, smart pre-filled forms, to new limits for PAN quoting for transactions such as payment of hotel bills and buying insurance, will come into effect from April 1. The draft...

New Delhi: Draft Income Tax Rules have proposed significantly raising transaction limits for quoting of PAN for cash deposits/withdrawal in banks, purchase of motor vehicles and property, and payment of hotel bills. The draft also proposes raising the value of perquisites provided by employers, and...

Mumbai: Benchmark equity indices Sensex and Nifty extended their gains for the second straight session Monday, driven by optimism over the India-US trade deal and robust buying in public sector banks, consumer durables, and realty stocks. The 30-share BSE Sensex jumped 485.35 points, or 0.58...

New Delhi: Supreme Court Monday described the siphoning of over Rs 54,000 crore by digital frauds as absolute "robbery or dacoity" and asked the Centre to draft a standard operating procedure in consultation with stakeholders like the RBI, banks and the Department of Telecommunications to...

New Delhi: Subscribers of retirement fund body EPFO will be able to withdraw their employees' provident fund (EPF) directly into their bank accounts through UPI payment gateway using its newly designed mobile application to be launched in April this year, a top source said. The...

New York: A distinguished Indian-American maritime executive has been awarded for his leadership in the industry jointly by a UN agency and Bahrain's leading industry chamber. Chairman of maritime company Safesea Group Dr. SV Anchan, was honoured with the ACE Global Bridges 2026 Global Maritime...

Mumbai: Gold and silver prices surged sharply Monday due to a weaker US dollar and persistent geopolitical uncertainties. MCX gold February futures jumped 1.31 per cent to Rs 1,57,484 per 10 grams around 10.45 am on an intraday basis. Meanwhile, MCX silver March futures climbed...

Mumbai: The Indian equity markets opened the week with gainsMonday amid more clarity on the India-US interim trade framework and improvements in domestic fundamentals and easing of geopolitical uncertainties. As of 9.25 am, Sensex added 370 points, or 0.44 per cent, to reach 83,950, and...

New Delhi: Inflation data, trading activity of foreign investors and global trends would dictate sentiment in the stock market this week, according to analysts. Besides, geopolitical developments and Q3 earnings will also guide market movement during the week. "This week features several important domestic and...

New Delhi: Gold prices are likely to trade firm next week as traders await key economic data, including US inflation numbers, for fresh cues on interest rate outlook, while silver may remain volatile amid shifting risk sentiment and speculative activity, analysts said. Traders will look...