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Business Economy


ITRs e-filers in Andhra, Telangana low this time: N Sankaran

Hyderabad, Aug 19 (UNI) Telangana and Andhra Pradesh Principal Chief Commissioner of Income said here on Monday that the number of Income Tax Return (ITR) for this fiscal year has dropped in comparison to last year in the two Telugu states, adding that the department is hopeful to achieve its target by the end of August.

"Last year in 2018-19 we collected Rs 58,040 crores as IT from the two Telugu states which translates to 96 per cent of our target. This year our target is to collect Rs 70,574 crores." Mr N Sankaran said while addressing a session on Income Tax (IT) E-Filing awareness programme at Karadaate E-Sahyog Abhiyaan.

"However, with the last date of filing ITR being extended to Aug 31, we are confident to achieve our target," he added.
In order to familiarise public with the simplified tax E-filing, the taxation department has recently launched two mobile units in twin cities of Hyderabad and Secunderabad.

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Bajaj Allianz Life unveils country’s first ever Life Goals Preparedness Survey

18 Sep 2019 | 7:54 PM

Chandigarh, Sep 18 (UNI) Bajaj Allianz Life Insurance Company Limited, one of the leading private life insurance companies in the country, on Wednesday unveiled the first of its kind survey on country's Life Goals Preparedness Survey here which showcased the new age goals of Indian Millennials, as well as provided insights as to how young India is preparing to achieve its unconventional life goals.

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NALCO declares  record dividend payout of Rs 1072 73 crore for FY 2018-2019

NALCO declares record dividend payout of Rs 1072 73 crore for FY 2018-2019

18 Sep 2019 | 7:38 PM

Bhubaneswar, Sep 18 (UNI) The National Aluminium Company Limited (NALCO), the Navratna PSU under Ministry of Mines, has registered a record dividend payout of Rs 1072.

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Indian Bank board approves Allahabad Bank merger

18 Sep 2019 | 7:14 PM

Chennai, Sep 18 (UNI) The Board meeting of the public sector
on Wednesday gave its in principle approval for the merger of
Allahabad Bank with it.

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Balmer Lawrie and Company records net turnover of Rs 1,857crore

18 Sep 2019 | 6:56 PM

Kolkata, Sep 18 (UNI) Balmer Lawrie and Company Ltd.

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