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CBDT proposes clear-cut timelines under transfer pricing

The income-tax (I-T) department has proposed clear-cut timelines by which excess amount assessed by transfer pricing officials (TPOs) over what was declared by associated enterprises of multinational corporations (MNCs) has to be brought in India. These timelines relate to advance…

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WTO, global trade witnessing real challenge, says Suresh Prabhu

Affairs at the World Trade Organisation (WTO) and the global trading system have been witnessing challenges, with countries putting roadblocks to safeguard their respective interests, commerce and industry minister Suresh Prabhu said on Thursday. The government, however, is trying to…

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MFIs lower rates with greater efficiency, lower cost of funds

Despite hardening of general interest rates, there’s some relief for a certain segment of micro loan borrowers by way of lower borrowing costs. A handful of microfinance institutions (MFIs) are reducing lending rates backed by improved efficiency and lower cost…

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Bonds slip, call rates rule steady

Government bonds (G-Secs) slipped on selling pressure from banks and corporates, while, Interbank call money rates ruled steady as demand from borrowing banks match supplies.The 7.17 per cent 10-year benchmark bond maturing in 2028 fell to Rs 95.69 from Rs…

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Can the Indian economy really achieve double digit growth?

Within a span of just seven days, Prime Minister Narendra Modi has twice vouched to take the Indian economy to double-digit growth, and interim finance minister Piyush Goyal has claimed the target can be achieved by the fourth quarter (January-March)…

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e-Way bill generation touches 10-crore mark

On Friday, over 80 days after its launch on April 1, e-way bill generation hit the 10-crore mark.?Ten crore e-Way bills in two months and 21 days and still it is showing an upward trend,? Prakash Kumar, CEO of the…

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