Apart from this, employers may be allowed to deduct EPF contributions only on the basic pay of up to Rs 15,000, even if the employees' basic pay is above this ceiling. While on one hand this will allow companies to lower their wage bills, employees can also get a higher salary in hand.

Assocham president Niranjan Hiranandani said his talks with government officials showed dues to industry and states were pending in the form of refunds of income tax, value-added tax, and GST, and compensation, payments to discoms in the power sector, fertiliser subsidies, etc.

SBI was the top laggard in the Sensex pack, shedding over 4 per cent, followed by Bajaj Finance, Asian Paints, Axis Bank, Kotak Bank and ICICI Bank. M and M, PowerGrid, ONGC and Reliance Industries were among the major gainers. NSE Nifty fell 87.90 points or 0.95 per cent to close at 9,205.60.

TV viewership grew 40% in the fifth week of disruption when compared to the pre-covid period.News consumption on TV has grown by 251% and 177% in Mumbai and Delhi respectively

Inventory losses would be more for refineries located away from the coast because they have to stock crude oil for longer periods.Besides inventory losses, operating performance of refiners is expected to remain weak in the first quarter of fiscal 2021 due to lower volumes and weak GRMs

The telecom operator had excess input tax credits but could not use them to adjust its final tax liability.The HC allows Bharti Airtel to rectify its returns for the September quarter of 2017

In a televised address to the nation, Singapore Prime Minister Lee said the government was committed to do its "utmost" to keep the deadly virus at bay.

Indian agencies have been engaged in countering Pakistani cyber-attacks on social media platforms for a very long time.

The simple actor was known for his charismatic style both on and off the ramp.

Mandar Jog shares a list of things he learned during the lockdown.

'We are not laying any of our team off. We cannot do that especially at this time.' 'It will be hard for them to find other jobs now and we will not let our team down now.'

'Strengthen hospital capacity, look after patients who need care, primarily ICU care...'