Income tax payers barred from enrolling in Atal Pension Yojana from Oct 1

[ad_1] Income tax payers will not be allowed to enrol in the government’s social security scheme Atal Pension Yojana (APY) from October 1. The finance ministry said the move is to ensure better targeting of pension benefits to underserved sections of the population. The government introduced APY on June 1, 2015, to provide social security … Read more

Russia wheat: Russia’s new crop wheat exports stifled as Western bank wariness bites

[ad_1] MOSCOW – Exports of Russian wheat harvested this summer for the 2022/23 marketing season are unlikely to fulfil the potential offered by an expected record crop as banks, shippers and insurers are still wary despite U.S. assurances over sanctions, traders said. The West issued an array of sanctions on Russia following Moscow’s decision to … Read more

Corporate tax collection jumps by 34% between April and July this year

[ad_1] The tax department said that the collections in 2021 were higher than the collections in financial year 2018-19 (pre-Covid) by over nine per cent. The income tax department has said that the corporate tax collections till July 31 this financial year witnessed a growth of 34 per cent as compared to the collections in … Read more

mmlps: How multimodal logistics parks are revolutionising India’s logistics landscape

[ad_1] ‘You will not find it difficult to prove that battles, campaigns and even wars have been won or lost primarily because of logistics.’ General Dwight Eisenhower’s famous observation, made decades back, is palpably resonant in today’s times where the logistics sector has the critical task of ensuring the unhindered flow of goods and essential … Read more

OMCs Update Fuel Rates: Check Todays Petrol, Diesel Price In Your City

[ad_1] Business oi-Renu Baliyan | Updated: Saturday, August 13, 2022, 10:27 [IST] The leading oil marketing companies have updated the petrol and diesel prices on August 13 and the prices remain unchanged. The price of both the fuels remain steady now for more than 2 months now. The Oil Marketing Companies release new rate list … Read more

ONGC Net Triples To Rs 15k Cr On Bumper Oil, Gas Prices

[ad_1] Business oi-PTI | Published: Saturday, August 13, 2022, 9:12 [IST] India’s top oil and gas producer ONGC on Friday reported a tripling of net profit in the June quarter as it earned record prices before the government slapped a tax on windfall profits arising from a global rally in energy rates. Oil and Natural … Read more

LIC Q1Fy23 Results: Net Profit Climbed Multifold YoY To Rs. 682.89 Crore

[ad_1] Business oi-Roshni Agarwal | Published: Friday, August 12, 2022, 22:27 [IST] Life Insurance Corporation of India (LIC) today reported its Q1Fy23 results, wherein the insurer’s net profit climbed multifold to Rs. 682.89 crore. In the year-ago period, the company’s profit came in at Rs. 2.94 crore. The total income at the public run insurer … Read more