The Cabinet has approved the proposal for creation of 20,751 additional posts in the Income Tax Department in various cadres. Of them, 1349 posts will be in the Indian Revenue Services (IRS) cadre and 19,402 posts in the non-IRS cadres.Mr. Chidambaram said this will help the Income Tax Dep...
A senior Minister of state has said on Thursday that the newly introduced Local Body Tax, which is being opposed by the traders across the state, would not be implemented soon. It will be imposed on traders in the city only after due consensus among traders' associations is reached and...
Global markets fell sharply on concerns about Chinese and European growth, but Wall Street failed to follow. The Dow Jones ended down just 13 points to 15,295 and the S&P 500 lost 0.3 per cent to 1,650. The falls were relatively small compared to Asian markets yesterday. Japan's Nikkei...