Failure to disclose assets held abroad or income earned on foreign shores in the ITR can attract a penalty of Rs 10 lakh under the anti-black money law, the Income-Tax (I-T) Department cautioned taxpayers on Sunday.
The Centre on Sunday claimed that the retail prices of tomatoes are on the decline with the fall in mandi prices.
Driven by investments in liquid schemes, the debt-oriented mutual funds witnessed a strong recovery in October attracting a net inflow of Rs 1.57 trillion after huge redemptions in the previous month.
Calling for accountability in digital media to combat fake news and safeguard democracy, Union Electronics and IT Minister Ashwini Vaishnaw said on Saturday that internet platforms must come up with solutions that account for the impact their systems have on our society.
Pacific leaders are intensifying efforts to link tourism and aviation, aiming to boost economic growth and advance sustainable development goals.
Union Minister of Textiles Piyush Goyal on Wednesday said that last year, Textile export was approximately $ 42 billion while the target is to achieve $ 100 billion in the next 5-6 years. He mentioned that if achieved, the economic value of the sector will be 250 billion USD collectively for domestic and international.
Listed private sector Tamilnad Mercantile Bank (TMB) closed the first half of FY23 with a higher net profit of Rs 496.51 crore, said a top bank official.
The Delhi International Airport Limited (DIAL), which operates and manages the airport in the national capital, has deployed 57 Electric Vehicles (EVs). Officials said that the measure will help in reducing approximately 1,000 tonnes of greenhouse gas emissions annually.
Ford and Volkswagen-backed self-driving startup Argo AI, which came into the scene in 2017 with a $1 billion investment, is reportedly shutting down.
Hiring platform Fountain on Thursday forayed into the Indian market after raising an additional $100 million post its Series C round, bringing its total funding to $185 million.
