SME Times News
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Home Raj govt plans to showcase beauty of borders to tourists
Taking cue from Punjab, Rajasthan Tourism will soon promote Border Tourism and its beautiful stretch to tourists on the same lines as Punjab has done on Wagah Border where tourists have been thronging throughout the year. Rajasthan Tourism officials have confirmed this and said that during the post pandemic period, the state wants to serve new destinations on platter and hence comes this...
- 10 hrs ago
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Home Power market trades 7322 MU in July achieving 37% YoY growth
In a sign that economic activity is fast returning to normal levels after getting badly affected during the peak of second wake in April-May period, the country's largest power exchange, Indian Energy Exchange (IEX) has reported a 37 per cent growth in the volume of electricity traded at the exchange in July, 2021. The total volume of electricity traded at the exchange stood at...
- 10 hrs ago
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Home Govt to resume E-way bill blocking for non-compliant taxpayers
The government will resume blocking of E-way Bill (EWB) generation facility for all taxpayers who fail file their monthly or quarterly GST return for two successive periods.E-way is a permit needed for inter-state and intra-state transportation of goods. If this is blocked, the business of traders dealing sale of goods or service across multiple locations in the country would come to...
- 10 hrs ago
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Home Midcaps outperform largecaps in last 12 months
As the stock markets surged over the past one year amid the pandemic, midcap stocks outperformed the largecap stocks during the period.A Motilal Oswal Financial Services report said that in the last 12 months, midcaps have risen by 80 per cent against a 42 per cent rise for the Nifty. In the last five years, midcaps have outperformed by 6 per cent, it said.
- 10 hrs ago
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Home Adani Transmission logs 22% rise in Q1 net profit
Adani Transmission Ltd on Thursday reported a 22 per cent rise in its consolidated net profit for the April-June quarter at Rs 433.34 crore.During the same period of the last fiscal, the company had reported a consolidated net profit of Rs 355.40 crore.Its total income during the period under review was Rs 2,935.72 crore, higher by 15.45 per cent from Rs 2,542.84 crore earned during the first...
- 11 hrs ago
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Home Govt introduces bill to nullify contentious retrospective taxation
The government has set in motion a fresh set of amendments to the tax laws that will nullify the retrospective tax amendment provisions introduced in 2012 that set to tax any gains on indirect transfer of Indian assets made by foreign entities.The Bill proposes to amend the Income Tax Act, 1961 so as to provide that no tax demand shall be raised in future on the basis of the said...
- 11 hrs ago
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Home RBI cautions against offers of buying or selling old notes
The Reserve Bank of India (RBI) has cautioned the public from falling prey to offers of buying or selling of old bank notes and coins.In a statement, the central bank said that certain elements are fraudulently using the name and logo of the Reserve Bank of India, and seeking charges, commission and tax from public, in transactions related to buying and selling of old banknotes and coins...
- yesterday
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Home Global cues push equities higher; banking stocks shine
Positive global cues along with hopes of a faster economic rebound buoyed India's key equity markets during the post-noon trade session on Wednesday.Initially, India's benchmark indices started on a positive note with the global sentiments intact towards positivity, completely ignoring the spread of Delta variant around the world.Read all the latest updates on COVID-19 here.
- yesterday
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Home Telangana minister hails French Co's decision to double investment
Telangana's Minister for Industry, K.T. Rama Rao, said on Wednesday that French fruit beverages manufacturing company Georges Monin doubling its investment in the state will give a big fillip to the food processing industry.The minister took to Twitter to welcome Monin's decision to double investment in its upcoming manufacturing plant in Telangana to Rs 200 crore.Read...
- yesterday
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Home Parliament clears LLP amendment bill, decriminalises provisions
The Rajya Sabha on Wednesday cleared the 'Limited Liability Partnership Amendment Bill' that aims to accelerate the 'Ease Of Doing Business' campaign of the government and brings regulations for this segment at par with other large companies.The bill was earlier cleared by the Lok Sabha.
- yesterday
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