India Finance and Business news

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Income Tax Act: Narendra Modi government has this big agenda on mind
Financial Express Four months after the government implemented the new indirect tax regime, it announced on Wednesday that it has appointed a task force to draft a new direct tax law after reviewing the over 50-year old Income Tax Act, 1961. By: FE Bureau | New Delhi... ---

News Live: EPFO meet today to decide how to add ETFs to user a/cs
News Live: EPFO meet today to decide how to add ETFs to user a/cs This blog will keep track of key global and local developments impacting business and markets through the day. Important local and global political developments will also find resonance here.

ITC To Resume Cigarette Manufacturing
ITC manufactures a range of cigarette brands, including India Kings, Classic, Gold Flake, Navy Cut, Capstan, Bristol, Flake, Silk Cut, which are manufactured at plants in Bengaluru, Munger, Saharanpur...

India seeks to speed up foreign deals with 'one-stop shop'
The Finance Ministry, seeking to speed up deals with outside investors, is set to take full control of the oversight of more than $40 billion a year in foreign direct investments and share purchases, two government sources said.

Tech view: Nifty forms indecisive Doji; respects support at 10,310
At the close, the 50-pack index was up 15.40 points, or 0.15 per cent, at 10,342.

Dollar dumped, bonds boosted on Fed inflation caution
Dollar dumped, bonds boosted on Fed inflation caution. Read full details

L.L. Bean rebuffs boycott over granddaughter’s big Trump donation
L.L. Bean rebuffs boycott over granddaughter’s big Trump donationA man wipes off the headlights of the L.L. Bean Bootmobile in the parking lot at the facility where the famous outdoor boot is made. L.L. Bean is pushing back against a boycott led by a group urging consumers not to shop at retailers that support President-elect Donald Trump after it was revealed that Linda Bean, heir of the Maine-based company’s founder, had donated to a political action committee that helped elect Trump. “We are deeply troubled by the portrayal of L.L. Bean as a supporter of any political agenda,” Shawn Gorman, L.L. Bean’s executive chairman, said in a statement posted to Facebook late Sunday.