Free Press Journal
  • Tax dispute cases to see 37% fall: Goyal

    New Delhi : The amount locked up in tax litigation will come down by Rs 5,600 crore as the government has decided to hike the threshold monetary limit to file appeals in tribunals and courts, Finance Minister Piyush Goyal said on Thursday.

  • RCom alleges Govt of bias in Idea-Voda merger case

    New Delhi : Reliance Communications (RCom) has alleged DoT of adopting discriminatory approach by demanding bank guarantee from the company for one-time spectrum charges, while approving Vodafone-Idea merger without making similar demand, sources said. The allegations have been rejected by the telecom department.

  • GST Council mulls simplifying returns

    New Delhi : The GST Council is likely to discuss simplifying filing of returns and assessments in its next meeting on July 21, Finance Minister Piyush Goyal said on Thursday.

  • GST-like federal system needed for agriculture sector: Jaitley

    Mumbai : The Goods and Services Tax (GST) has been a big move not just in form of taxation but having a federal system where centre and states work in tandem. Now, Union Minister Arun Jaitley feels that this federal system should be considered for the agriculture sector as well.

  • Tata-Mistry feud: Chairman doesn’t enjoy a free hand, says NCLT

    Mumbai : The National Company Law Tribunal (NCLT), which upheld the removal of Cyrus Mistry as chairman of Tata Sons, said an executive chairman does not enjoy a free hand and that he also cannot assume that majority shareholders and the board would be at his “beck and call”.

  • US oil exports to India soar amid Iran curbs

    New Delhi : US crude oil exports to India hit a record in June and so far this year are almost double last year’s total as India’s refiners move to replace supplies from Iran and Venezuela in a win for the Trump administration.

  • Sahara saves Aamby Valley as no takers at auction

    New Delhi : Sahara Group has managed to save its flagship property Aamby Valley near Lonavala in Pune district of Maharashtra after no buyer turned up to buy it during an auction ordered by the Supreme Court.

  • Broadcom buys biz software firm for $19 bn

    San Francisco : Semi-conductor giant Broadcom, which recently failed in a bid to buy US rival Qualcomm, announced a cash deal to buy software and services firm CA Technologies for $18.9 billion.

  • UK’s Brexit strategy may hit plans for free trade pact with India

    London: The UK government’s latest blueprint for Brexit released today threatens to derail plans for closer trade ties with India as it would prevent Britain from making the kind of concessions on trade in goods that India seeks.

  • India’s industrial growth rises to 3.2% in May

    New Delhi: India’s industrial output in May grew at 3.2 per cent over the same month last year but declined as compared to rise of 4.9 per cent in April mainly on account of a decline in manufacturing, official data showed on Thursday. The monthly Index of Industrial Production (IIP) is released by the Central Statistics Office (CSO).