Business and Finance

Direct Tax Code 2.0: Proposed changes will bring cheer for individual taxpayers

The current Income Tax Act has as many as 700 clauses /sections, and the Direct Tax Code 2.0 will aim at bringing this number down by a considerable margin.

71% job seekers in India won’t apply if there’s no employer reputation info online

Employer reputation is a key factor considered by job seekers when deciding which companies to apply to, a survey by Indeed reveals.

With no serious buyers in sight, Jet Airways may be headed for liquidation

The committee of creditors (CoC) for Jet Airways may reportedly meet this week to finalise the way forward.

Yes Bank shares fall 7% after corporate fraud at CG Power revealed

Yes Bank has a significant stake in CG Power and Industrial Solutions, and the corporate fraud has raised questions over regulatory oversight.

SBI wants to scrap debit cards, promote digital payments through its ‘Yono' platform

SBI has set up 68,000 'Yono cashpoints' where it aims to offer digital solutions to customers, thus eliminating the use of debit cards.

Hero Electric India rolls out two e-scooters ‘Optima ER’ and ‘Nyx ER’

The scooters can go up to a maximum speed of 40km/hour and provide 100-km range when charged fully.

RBI chief cautions of headwinds in credit, financial markets

He also said that the increasing frequency and severity of currency and debt crises globally and their ability to cause output loss calls for careful regulation and surveillance of financial markets.

Coffee Day may renew talks for stake sale to Coca Cola

Coffee Day was earlier in talks with Coca-Cola around June, but had stalled as it wanted a controlling stake, something that CCD founder Late VG Siddhartha didn’t agree to.

NiYO Global Card eases forex woes of Indian students going overseas

The Global Card offers waiver of currency exchange premium and international transaction fee.

PSU banks led by SBI initiate joint plan to kick-start economic growth

It is being reported that there are eight areas of focus identified in order to implement this new approach.