New Delhi: The Finance Ministry on Monday said small businesses with a total turnover of up to Rs 2 crore will not be required to get their accounts audited if they opt for the presumptive taxation scheme. “The higher threshold (up to Rs 2 crore) for non-audit of accounts has been given only to assessees opting for presumptive taxation scheme ... Read More »
New Delhi: Ujjivan economic offerings, which has obtained an in-principle approval from the Reserve bankOf India (RBI) to set up a small finance financial institution, plans an investment of greater than Rs 300crore in era over next five years for center banking solutions. “Took decisive step towards proposed small finance banking operations by way of earmarking extra than Rs300 crore, ... Read More »
New Delhi: Mutual finances ramped up their allocation for IT stocks to over Rs forty,000 crore at the give up of April in view of a weakening rupee, which adds to IT exporters’ profitability. In comparison, fairness fund managers’ deployment in software stocks turned into Rs 34,100 crore in April 2015. consistent with enterprise specialists, fund managers have been elevating ... Read More »
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