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Benami land deals Lalu Yadavs daughter Misa Bharti quizzed by Income Tax sleuths for 5 hours

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New Delhi: Rashtriya Janata Dal (RJD) chief Lalu Prasad Yadav`s daughter Misa Bharti on Wednesday appeared before the Income Tax Department officials here in connection with over Rs 1,000-crore benami (proxy) land deals case, an official said.

According to the IT official, Misa Bharti, who is also a Rajya Sabha member, was quizzed for over five hours. He, however, refu

RBI Monetary Policy to be announced today Urjit Patel may opt for status quo on rates

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New Delhi: With the Reserve Bank of India (RBI) announcing its second bi-monthly monetary policy review on Wednesday, economists expect that there would be no change to interest rates.

RBI Governor Urjit Patel- led Monetary Policy Committee (MPC) yesterday began its bi-monthly interest rate review amid the government pitching for a reduction in borrowing cost to help p

GST rates for services finalised Check out the complete list of services

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New Delhi: In a move expected to bring prices down from the current levels, the Goods and Services Tax (GST) Council has decided on a four-slab tax rate for services along with the novel concept of input credit for goods used.

The Council concluded its two-day meeting with the decision to apply the same four tax rate slabs for services as for goods, but exempted health

GST rates for services finalised Check out the complete list of services

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New Delhi: In a move expected to bring prices down from the current levels, the Goods and Services Tax (GST) Council has decided on a four-slab tax rate for services along with the novel concept of input credit for goods used.

The Council concluded its two-day meeting with the decision to apply the same four tax rate slabs for services as for goods, but exempted health

Real Estate Act comes into effect How it will protect interests of home buyers

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New Delhi: The much-awaited Real Estate Act comes into force from Monday (May 01) with a promise of protecting the right of consumers and ushering in transparency.

The government has described the implementation of the consumer-centric Act as the beginning of an era where the consumer in king. Real estate players have also welcomed the implementation of the Act, saying

7th Pay Commission allowances Panel submits report to FM Jaitley govt employees set to get HRA hike

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New Delhi: The Narendra Modi government is expected to soon announce a maximum HRA hike of up to 178 percent after getting Lavasa panel report on allowances.

A high-level committee headed by the Finance Secretary Ashok Lavasa on Thursday submitted its report on allowances to Finance Minister Arun Jaitley.

The report will now be examined by the empowered committee

The kapil

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The kapil

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Wipro sacks hundreds of employees post performance appraisal

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New Delhi: The country's third largest software services firm Wipro is learnt to have fired hundreds of employees as part of its annual "performance appraisal".

According to sources, Wipro has shown the door to about 600 employees, while speculation was rife that the number could go as high as 2,000.

At the end of December 2016, the Bengaluru-based

From May 1 you will have to pay new price for diesel and petrol daily Know how

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New Delhi: Come May 1, you will have to pay new price for petrol and diesel every day in sync with international rates, much like what happens in most advanced markets.

Ahead of a nationwide rollout of the scheme, state-owned fuel retailers Indian Oil Corp (IOC), Bharat Petroleum Corp Ltd (BPCL) and Hindustan Petroleum Corp Ltd (HPCL), which own over 95 percent of near

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