By Administrator_India Capital Sands The finance ministry has rejected the demand for further extension of the last date for income tax return (ITR) filing beyond February 15 for the ones where audit is required. In December 2020, the government extended the ITR filing deadline for individuals till January 10 andContinue Reading
By Administrator_India Capital Sands India is set to swing from being a cautious spender in 2020 to opening the fiscal floodgates as Prime Minister Narendra Modi seeks to pull Asia’s third-biggest economy bank from the worst of the pandemic. Curbs imposed by the finance ministry on more than 80 governmentContinue Reading
By Administrator_ India Capital Sands SBI Life Insurance’s net profit more than doubled to nearly Rs 299 crore in the first quarter of this financial year, from Rs 129.84 crore in the year-ago period, on the back of higher net premiums and investment income. In the first half of theContinue Reading
By Administrator_ India Capital Sands United States President Donald Trump on October 6 stopped talks with the Democrats on another coronavirus-related stimulus package, accusing House Speaker Nancy Pelosi of not holding negotiations in good faith. In a series of tweets, Trump said he had instructed his representatives to stop negotiating “until afterContinue Reading
By Administrator_India Capital Sands China’s economy returned to growth in the second-quarter after a deep slump at the start of the year, but domestic consumption and investment remained weak as the shock from the coronavirus crisis underscored the need for more policy support to bolster the recovery. The GDP data,Continue Reading
By Administrator_India Capital Sands The scheme is known as ‘SBI Wecare Deposit’, this will help senior citizens get higher interest rate on their money and to safeguard the interests of senior citizens in the current falling rate regime. Known as SBI Wecare Deposit,SBI has launched a special FD scheme forContinue Reading
By Administrator_India Capital Sands Japan will resume efforts to improve its fiscal health once the economy emerges from deflation and overcomes the hit from the coronavirus pandemic, Prime Minister Shinzo Abe said on Monday. “Japan’s economy is battling a crisis, so the priority now is to use all available meansContinue Reading
By Administrator_India Capital Sands The U.S. Federal Reserve on Wednesday signaled it plans years of extraordinary support for an economy facing a torturous slog back from the coronavirus pandemic, with policymakers projecting the economy to shrink 6.5% in 2020 and the unemployment rate to be 9.3% at year’s end. InContinue Reading
By Administrator_India Capital Sands Japan’s economy shrank less than initially estimated in the first quarter but the broad impact from the coronavirus crisis is still expected to send the country deeper into recession. A series of recent April data including exports, factory output and jobs figures suggested Japan is facingContinue Reading
By Administrator_India Capital Sands Amazon.com is in early-stage talks to buy a stake worth at least $2 billion in mobile operator Bharti Airtel, three people with knowledge of the discussions told Reuters, in a move that could turbocharge India’s digital economy. The planned investment, if completed, would mean Amazon acquiringContinue Reading
