Sri Jagdamba Construction Company, Koradi, found in embezzlement of Rs 5,31,97,560
Exploitation of workers of unorganized sector with gross violation of social justice:Provisions of Maharashtra Minimum Wages Act ignored Nagpur: Despite tall claims and commitments made by government and its administrative machinery in respect of transparency and rooting out the social injustice,...
National Conference on GST & Indirect Taxes organized by ICAI
Newdelhi/Nagpur: The Institute of Chartered Accountants of India (ICAI) through its Indirect Taxes Committee is organizing a Two day "National Conference on GST & Indirect Taxes" on June 5th&6th, 2015 at NDMC Convention Centre, New Delhi. The conference was inaugurated today...
VTA highly appreciates Collector’s instant response
Nagpur: In a meeting of Members of Mihan Task Force, Maharashtra Airport Development Corporation Ltd (MADC) and Mihan Unit-holders it was brought to the knowledge of Task Force Members that taking into consideration emergency services including medical facilities an Ambulance...
Why the Next Stock Market Crash Will Happen Any Day Now
There is overwhelming evidence that the next stock market crash could strike any day now, and a growing number of investors are turning to a noted economist to prepare for the “unthinkable.” The message is clear: Despite the Dow hitting pre-crash...
Rajan Cuts Repo Rate by 25 Basis Points, EMIs May Fall
Mumbai/Nagpur: Reserve Bank Governor Raghuram Rajan on Tuesday cut the repo lending rate by 25 basis points to 7.25 per cent. The move was widely anticipated given RBI's comfort with consumer price inflation and the marked slowdown in industrial growth. Domestic...
CAIT write to Paswan to bring Brand Ambassadors under the ambit of Consumer Protection Act
Nagpur. In a communication sent to Union Consumer Affairs Minister Ram Vilas Paswan today, the Confederation of All India Traders (CAIT) has demanded that Brand Ambassadors endorsing products should be brought under the ambit of Consumer Protection Act since they...
Hike in service tax to pinch people, List of products to get costlier and cheaper from June 1
Nagpur: Get ready to pay more for various services from June 1. The hike in service tax will have a sweeping effect on a slew of goods and services. Service tax has been increased from 12.36 per cent to 14...
LBT Amnesty scheme should be kept simple : Dipen Agrawal
Nagpur: A delegation of Federation of Associations of Maharashtra ( FAM ) led by Mohan Gurnani President & supported by Dipen Agrawal IPP - NVCC & Convener - FAM Action Plan Panel, Core Group , consisting of Raju Rathi -...
IDBI Bank to auction Manoj Jayaswal’s 10-seater aircraft for Rs 12,000 cr loan default
Nagpur: IDBI Bank is auctioning a 10-seater Bombardier aircraft, which once held the pride of place in Nagpur's industrialist Manoj Jayaswal's empire, on Tuesday. The Jayaswal-promoted Abhijeet group has run up a combined NPA burden of close to Rs 12,000 crore,...
India still a pygmy. China is about to overtake USA in economy: Ghosal
Nagpur: Since Modi visits all eyes are on China. Though we compare ourselves with them and think we are a super power too, compared to China we are nowhere, explains Prof. Debraj Ghosal while speaking at a TIE forum in...
Repealing of 51% FDI policy in Retail will strengthen domestic trade CAIT called for restructuring of retail trade in India
Nagpur. "The statement of Union Commerce Minister Mrs. Nirmala Sithraman about considering repealing of 51% FDI policy for retail is a timely step of the Government and we welcome this statement"-said the Confederation of All India Traders (CAIT) which has...
Anti-encroachment drive illegal claim shopkeepers
Nagpur. For the past three days, while adhering to the directive of the Nagpur Bench of Bombay High Court in the busy market area of Sitabuldi, in a joint operation of Nagpur Municipal Corporation, Police and MSEDCL, an Anti-Encroachment Drive was...
RBI seized forged notes worth Rs 78.55 crore
Nagpur: The Reserve Bank of Indi(RBI) has seized forged notes worth of Rs 78.55 crore from circulation in the market during the last three years. The circulation of forged notes is increasing daily and created problem for Indian economy. Surprisingly, the Central...
Be a learner to keep your brain young – Dr. Lokendra Singh.
Nagpur. Recently Nagpur Branch of WIRC of ICAI organized Fellowship Meet on How to keep your brain healthy - Mind your Mind (A healthy mind) at ICAI Bhavan, Dhantoli, Nagpur in which one of leading Senior Consultant in Spinal & Neurosurgery,...
LBT search & seizure action on centres of Micromax; Mobile Expert, Al Raza Mobile & Anurag Enterprises dodge tax in lakhs
Nagpur. Local Body Tax department conducted search and seizure actions at three Authorised service centres of Micromax Mobile named Mobile Expert, Shop No.113, Honey Archana Complex, Medical Square, Al Raza Mobile Service Centre, Dhantoli, and Anurag Enterprises, Wade Bhawan, Agrasen Square,...
BJP CA cell discusses Company Law, GST with Nitin Gadkari
Nagpur: BJP CA Cell recently met union transport minister Nitin Gadkari and apprised him of the issues, concerns and suggestions of trade and industry with respect to proposed GST module. They also informed him about the harsh provisions of Company Law 2013. BJP...
Any move to bring FDI in retail will be opposed tooth and nail: CAIT
CAIT demands Government to withdraw retail FDI notification Nagpur. "The recent adoption of FDI policy by Union Government retaining permission of 51 percent FDI in Multi Brand Retail is unacceptable to trading community of the Country and as such we call upon...
India’s exports dip 14% in April, imports decline 7.5%; trade deficit rises to $10.99 billion
Nagpur: Continuing its declining trend, India's exports shrank by about 14 per cent in April to USD 22 billion, registering a contraction for fifth straight month. The slump in exports is mainly due to global slowdown, dip in crude oil prices...
Introduction of GST is revolutionary: Patodia
Nagpur: Goods and Services Tax is a revolutionary step taken by the government and it would increase the share of states in the revenue collected by the Centre said, chairman of Western India Regional Council of ICAI, Sunil Patodia. Patodia was...
Support functions are crucial to achieve Mission one billion coal production : Rajiv R Mishra
Nagpur: Chairman cum Managing Director of Western Coalfields Limited Rajiv R. Mishra presented a technical paper on “Mission one billion tonnes coal” during “National Seminar on challenges in Enhancing Coal Production through State of Art Technology, higher productivity & innovation” in...
Microsoft launches most affordable Lumia Smartphone 430 in city
Introduces ‘Knockout on Wheels’, an innovative, offline medium to showcase the uncompromised Windows OS experienced offered on Lumia 430 Nagpur: Microsoft launched the Lumia 430 Dual SIM, the most affordable Lumia yet in the city on May 14, 2015. While addressing the...
