Finance Minister chairs meeting to review various aspects of Income Tax Act 1961

with an aim to review the various aspects of the Income Tax Act 1961, Finance Minister Nirmala Sitharaman has chaired a meeting with Revenue Secretary Sanjay Malhotra, Secretary, Central Board of Direct Taxes (CBDT) chairman Ravi Agarwal, and senior CBDT officials. The finance ministry said that Malhotra informed the Finance Minister that 22 specialised sub-committees … Read more

E-commerce platforms see over Rs 1 lakh crore worth sales in India festive season

 As private consumption surges in smaller cities and towns in India which is driven by high pent-up demand and premiumisation wave, the e-commerce platforms registered more than Rs 1 lakh crore in gross merchandise value (GMV) in the month-long festive season.  According to industry data, this is more than 20 per cent growth from last … Read more

India reaches 90 GW of installed solar capacity, moving towards 500 GW goal: Pralhad Joshi

India has reached an impressive 90 GW of installed solar capacity and is moving steadily forward towards its broader goal of 500 GW of renewable energy capacity by 2030, Union Minister of New and Renewable Energy, Pralhad Joshi, said on Monday.  Addressing the 7th General Assembly of the International Solar Alliance (ISA) here, the minister … Read more

NTPC, ONGC joint venture poised for big push to green energy projects

Maharatna public sector companies NTPC and ONGC have collaborated to form a Joint Venture Company (JVC) through their green energy subsidiaries – NTPC Green Energy Ltd. and ONGC Green Energy Ltd, to give a push to their expansion plans in the renewable and new energy sector.   “Subsequent to the signing of the Joint Venture … Read more