WASHINGTON: US President Donald Trump extended the freeze on the most sought after H-1B visas along with other types of foreign work visas for three months to protect American workers, saying that while the therapies and Covid-19 vaccines are recently available, their effect on the labor market and community health …
Read More »In a surprise move, Ford and Mahindra cancel proposed auto joint venture
NEW DELHI: In a sudden and surprising move towards the close of 2020, the American automaker Ford and homegrown Mahindra and Mahindra decided to cancel their car joint project, blaming the decision on the “world economy and business conditions caused, in part, by the global pandemic ”. Ford insisted that …
Read More »EPFO begins crediting 8.5% interest for 2019-20, to reflect on EPF accounts as of January 1
The Employee Provident Fund Organization (EPFO) of the retirement fund body said Thursday that it has begun crediting a 8.5 percent rate of interest in the Employee Provident Fund (EPF) for 2019-20 for its more than six million members. A large number of members of the Employee Provident Fund Organization …
Read More »The production of eight main industries contracts 2.6% in November
Hiring for the ninth consecutive month, the production of eight basic infrastructure sectors fell 2.6 percent in November, mainly due to the drop in the production of natural gas, refinery products, steel and cement. The production of eight core sectors had registered a growth of 0.7% in November 2019, data …
Read More »BJP pushes budget relief for middle class and businesses after virus
NEW DELHI: The Bharatiya Janata Party (BJP) has urged the government to put more money in the pockets of middle-income families in the next budget and reduce the costs of raw material for small and medium-sized businesses, a party spokesman said Thursday. After the impact of the coronavirus contracted the …
Read More »EPFO begins crediting 8.5% interest for 2019-20, to reflect on EPF accounts as of January 1
The Employee Provident Fund Organization (EPFO) of the retirement fund body said Thursday that it has begun crediting a 8.5 percent rate of interest in the Employee Provident Fund (EPF) for 2019-20 for its more than six million members. A large number of members of the Employee Provident Fund Organization …
Read More »The production of eight main industries contracts 2.6% in November
NEW DELHI: Output from eight major industries fell for the ninth consecutive month in November, government data released Thursday showed. The output of eight basic sectors contracted 2.6 percent in November compared to a growth of 0.7 percent registered in the same period last year. With the exception of coal, …
Read More »ITR filing deadline: Government extends TI filing deadline by 10 days | India Business News
NEW DELHI: After intense lobbying by public accountants and tax professionals, the government has granted a new extension to those who have not filed their returns, citing Covid-19 as the reason. Most individual taxpayers, who were previously required to file their returns by December 31, have been given another 10 …
Read More »New IRCTC e-ticketing website and app launched! See the full list of passenger features
IRCTC The e-ticketing website, irctc.co.in, and the IRCTC Rail Connect app have been updated! Railways Minister Piyush Goyal has unveiled a more passenger-friendly version of the site and the IRCTC train ticket booking app. Indian railways Passengers can expect a more personalized, faster and smoother ticket booking experience with the …
Read More »The government is likely to extend the mandatory use of FASTag for paying tolls on national highways
NEW DELHI: The government is scheduled to extend the deadline for the collection of 100% of tolls in the National Highways (NH) network through FASTag. Previously, the National Highway Authority of India (NHAI) had announced that it would completely end cash transactions for paying tolls as of January 1. Sources …
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