Real GDP is growing at 5%, not 7.1%
The deflator, based on wholesale price index, is understated, and hence the real growth is overstated Mumbai/Nagpur: Are our gross domestic product (GDP) numbers credible? Many commentators have expressed their doubts. But no one has yet identified problems with the Central...
Sensex Rallies 550 Points As Budget Drives Rate Cut Hopes
Mumbai/Nagpur: The BSE Sensex rallied as much as 550 points, while the Nifty jumped above the key 7,150 mark on Tuesday on hopes that Reserve Bank Governor Raghuram Rajan will cut repo rate. The rupee rallied for the third straight...
VED to organize talk on “Challenges in Managing the Family Business”
Nagpur: Vidarbha Economic Development Council (VED) is organizing a Talk, "Challenges in Managing the Family Business" by Kumar Gera, Founder President - CREDAI & Chairman, Gera Developments, Pune (Real Estate Developers) on Sunday, 21st Feb. 2016 from 4-6 pm. at...
Awards Presentation Ceremony – ICAI Awards for Excellence in Financial Reporting
Nagpur: The Institute of Chartered Accountants of India (ICAI) through its Research Committee, organizes the annual competition ‘ICAI Awards for Excellence in Financial Reporting’ with the objective to recognise and encourage excellence in preparation and presentation of financial information. The...
CAIT called for top down bottom up approach in Union Budget
Nagpur: The Confederation of All India Traders (CAIT) has urged the Union Finance Minister to shift focus of Union Budget from Corporate to Non Corporate " Sector and spell out policies with "Top down Bottom up" approach in order to...
VED reinforces idea of Refinery in Vidarbha
Nagpur: In a statement made a month ago, Dharmendra Pradhan, Minister for Oil & Natural Gas, GoI, had expressed his intention of the Ministry setting up a refinery in Konkan, the west coast of Maharashtra. The Vidarbha Economic Development Council (VED)...
Sensex surges 473 points to recover from 20-month low
Mumbai/Nagpur: Indian stock markets ended 2 per cent higher on Friday, posting their biggest single-day percentage gain since October as hints of more stimulus measures from the European Central Bank lifted global markets, but still marked a third weekly fall. The...
Large Number of Traders take benefit of CAIT Income Tax Awareness Workshop
In the photo from left to right B.C.Bhartia, Pradeep Ghoongrood, D.P.Shrivastav, Atul Ahuja, Kishor Dharashikar, Farooque Akbani and Nikhilesh Thakar Nagpur: Large number of traders and common people took benefit of workshop organised jointly by TEAM CAIT Nagpur and Income...
“Women empowerment will strengthen women professionals” – Chetna Tank
Nagpur: Committee for Capacity Building of CA Firms and Small & Medium Practitioners of ICAI is organizing and Nagpur Branch is hosting Sate Level Women Empowerment Seminar at Hotel Centre Point, Nagpur. Chetna Tank, Corporater while speaking as Chief Guest at...
Sandeep Dwellers’ Booking Carnival till 31st Jan
Nagpur: Sandeep Dwellers Pvt. Ltd. (SDPL) has launched a mega booking carnival for its project SDPL Paradise which will last till 31st January 2016. In this carnival customers will be able to earn heavy discount from Rs. 4 Lac onwards...
LBT search, seizure operation at Vidarbha Bottlers for tax evasion in lakhs
Nagpur: Local Body Tax (LBT) Department on Tuesday initiated search and seizure action at M/s Vidarbha Bottlers Pvt. Ltd., Chinchbhawan, Wardha Road, Nagpur, for suspected evasion of the tax in lakhs. The firm deals in production of country liquor. In the...
City’s SMV Jaipuria Group bags PepsiCo’s ‘Best Bottler of the Year Award-2015’
Nagpur: SMV Jaipuria Group, led by its Chairman S.K Jaipuria, is the proud winner of “Bottler of the Year 2015” award from PepsiCo. This award is in recognition of the Group’s continuous efforts to deliver PepsiCo products of the highest...
VTA thanks CM Fadnavis for excellent public portal of ‘Aaple Sarkar’
Nagpur: A delegation of Vidarbha Taxpayers Association (VTA) led by its president J. P. Sharma met Chief Minister Devendra Fadnavis and handed over flower bouquet and submitted sincere gratitude on behalf of citizens of Maharashtra for enforcing ‘Right to Service’, which...
Talk on Contract Labour (Regulation & Abolition) Act 1970 held
Nagpur: It was also discussed that Prime Minister, Narendra Modi is promoting “Ease of Doing Business in India” and also “Make in India”. If both these concepts of Hon’ble Prime Minister has to be successful the major hindrance in implementation...
“Role of CA in documentation of Real Estate” – CA. Kailash Jogani
Nagpur: There is much confusion and dilemma in taxation & proper guidance is required in various issues and decision making process of real estate transactions said CA. Kailash Jogani, Senior Chartered Accountant from city while addressing as a Chief Guest...
Harley-Davidson zooms into Nagpur market, rides on new dealership
Nagpur: Here's some good news for those Nagpurians who often crave to ride easy on their dream bike -Harley-Davidson. Harley-Davidson India on Monday announced the opening of its new dealership in Nagpur, the company’s fourth outlet in Maharashtra. The new...
SHCV President hails PM’s directive to CBDT over tax assessments
Nagpur: Rajesh K. Lakhotia, President of Steel & Hardware Chamber of Vidarbha, expressing gratitude to Prime Minister welcomed the departmental instruction issued by CBDT to constitute Local Committees to address taxpayers’ grievance against high-pitched assessment orders and appealed Mayor and...
Export Promotion Through Transparent & User Friendly Services…….Jha
Nagpur: October 30. Export promotion through transparent & friendly services is the ultimate motive of the Directorate General of Foreign Trade said Jha in a programme on Niryat Bandhu Campaign held at VIA Hall this afternoon. The programme titled “Niryat Bandhu...
SHCV terms LMO diktat as irrational, ultra-vires; urges Paswan to act
Nagpur: The Steel & Hardware Chamber of Vidarbha (SHCV), in a letter shot to Union Consumer Affairs, Food and Public Distribution Minister Ram Vilas Pawan and others, has drew their attention towards the recent directives issued by Legal Metrology Organisation...
Truckers’ nation-wide strike begins, 5000 vehicles go off road in city
Nagpur: A nation-wide strike called by truck operators to protest toll tax and TDS began from Thursday. Around 5000 truckers from Nagpur participated in the strike. According to the truck operators, the strike will continue until the Government...
Mishra bags “Lifetime Achievement Award”
Nagpur: Recognizing significant contributions of Chairman cum Managing Director of Nagpur based coal producing giant Western Coalfields Limited Rajiv R. Mishra to the overall growth of Indian coal mining industry under his leadership for sustainable development, The Indian Mining and...
