Sensex begins 1st day of FY 20-2I in the red
Equity benchmark indices closed 4 per cent lower on the first day of new financial year (2020-21) as investors remained focused on rising coronavirus infections and its economic impact within and outside the country. At the closing bell, the BSE S&P...
Covid-19 Disruptions – ICAI Advisory on Accounting and Assurance related issues for F.Y – 2019-20
COVID-19, an infectious disease caused by a novel Coronavirus is exponentially spreading illness throughout the globe and has been recognized as a global pandemic by the WHO. The various governments are taking drastic measures, including locking down of entire country...
VIA welcomes tariff order of Commission
Commission has issued a very good and balanced tariff order in which VIA’s suggestions are 100% incorporated. As against additional requirement of 60313 crores projected in petition of MSEDCL which was almost 13 % increase in total ARR (Annual Revenue Requirement),...
VTA requests deferred bill payment & reduction in electricity tariff
Admittedly all countrymen are confined to their homes due to this threatening Covid-19 which has brought entire globe to almost standstill and our State of Maharashtra is also affected adversely. Under such circumstances, Vidarbha Taxpayers Association (VTA) has written...
Much more needed to bring Economy out from inevitable recession-Dipen Agrawal
Dipen Agrawal, President of Chamber of Associations of Maharashtra Industry & Trade (CAMIT) welcoming the announcements made by Shashikant Das, Governor RBI to mitigate the impact of the Coronavirus said that the steep cut in the repo & reverse repo...
RBI asks lending firms to allow 3-month moratorium on EMI payments
Amid layoffs and salary cuts, a key takeaway from the Reserve Bank of India's presser today is that it has asked all lending institutions to allow a three-month moratorium on EMI payments in order to infuse liquidity into the system...
Trade & Industry seek relief from COVID-19 Task Force : CAMIT
Chamber of Associations of Maharashtra Industry & Trade (CAMIT) acknowledging the efforts of Union and State Government in containing the spread of Covid-19 virus in India voiced the demand of business community from the State particularly medium and small enterprises...
CAMIT’s advisory to traders to contain spreading of nCovid-19 virus in State
Dipen Agrawal, President of Chamber of Associations of Maharashtra Industry & Trade (CAMIT) taking stock of various precautionary measures to practice social distancing so as to contain spreading of nCovid19 virus. The latest directions to close bars, restaurants, beer shops,...
The Importance of Invoicing Under GST and Doing It The Right Way
GST is one of the most revolutionary acts in the history of the Indian Taxation Laws, which has brought about a complete transformation in the way the indirect taxes are governed within the country. Earlier where all the responsibilities for...
ED summons Anil Ambani in Yes Bank case
Mumbai: Reliance Group Chairman Anil Ambani has been summoned by the ED in connection with its money laundering probe against Yes Bank promoter Rana Kapoor and others, officials said on Monday. They said Ambani has been asked to depose at...
Markets reopen with minor recovery
Markets reopen with minor recovery. Sensex is up by 2033 points to settle at 31,720. Nifty up 673 points to 9296. The Indian rupee fell by another 16 paise to 74.44 against the US dollar as financial markets around the...
Trading halted, Sensex tanks 3000 points
Stock markets hit the circuit breaker on Friday as markets continued to witness panic selling amid fears pandemic Coronavirus will derail economic growth. Trading has been halted for 45 minutes in the early trade as the benchmark index Nifty hit...
How To Register Your Business For GST?
GST is one of the biggest reforms that the country has witnessed in a very long time. GST stands for Goods and Service Tax and is a uniform taxation scheme that is applicable for all businesses, dealing in goods and...
Paying Income Tax When You Can Save It? Read This
Every month when your salary gets credited to your account, you feel a sense of joy that cannot be compared to anything else. However, when the financial year ends, ‘Tax’ becomes the buzzword around.You are filled with disappointment as that...
Coronavirus: Tour and travel companies hit hard in Nagpur, too
90 per cent of domestic and world tours cancelled due to virus outbreak Nagpur: The deadly coronavirus outbreak that has created havoc in China, is crippling global tour and tourism. And Nagpur is not exception. The COVID-19, as the coronavirus...
Bloodbath in markets: Sensex down 2200 points
Bloodbath in the markets. The Sensex has plunged to a 15-month low of over 2200 points to settle at 35124, while the Nifty is down 600 points to settle at 10,350. Moody's Investors Service has revised its global macro outlook...
Kukreja Sun City wins Vidarbha’s Best Residential Flat/Apartment Scheme Award 2019-20
Nagpur: City’s real estate project -- Kukreja Sun City – has won Vidarbha's Best Residential Flat/Apartment Scheme Award 2019-20. The Award was jointly presented by the Indian Concrete Institute (ICI) and Ultra-Tech Cement Pvt Ltd at a function held at...
MVA Budget: Nothing special for Vidarbha: CA Julfesh Shah
Nagpur: Giving reaction on the maiden budget presented by the MVA Government on Friday, the Chartered Accountant Julfesh Shah has said that no special announcement for Vidarbha has been made in the budget. “The State Government has decided to reduce...
Farmers centric budget – Malu
Nagpur: Reacting on Mah State Budget 2020, Shrawan Kumar Malu, President - Vidarbha Taxpayers Association (VTA) said that the Crop loan waiver & solar pump scheme for farmers is good as they form major percentage of our population....
Vidarbha sidelined – Tejinder Singh Renu
Nagpur: Reacting on Maharashtra State Budget 2020 ,Tejinder Singh Renu - President - Nagpur Residential Hotels Association (NRHA) Recently said that Kejriwal Govt won by landslide majority in Delhi elections with their appreciable work of improvement in school and...
Maharashtra Budget 2020-21: Petrol, diesel to cost more; stamp duty in Mumbai, Pune and Nagpur reduced
Maharashtra Deputy Chief Minister and Finance Minister Ajit Pawar started presenting the maiden budget of the Maha Vikas Aghadi in the Legislative Assembly on Friday by saying that the national economic slowdown has affected the State as well. Mr. Pawar said...
