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New versus Old regime: Does opting for the old income tax regime for TDS on salary make ITR processing, refunds easier?

New versus old tax regime: At the beginning of each financial year, salaried individuals must select an income tax regime for TDS (tax deducted at source) on their salary. They need to tell their employers whether they prefer the old or new tax regime, as their employer will deduct taxes from their salary according to […]

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‘Bournvita confidence’ jolted? No ‘health drink’ label on ecommerce sites

NEW DELHI: Generations of children have guzzled it with milk or hot water. Others just munch it, a spoonful at a time. Their parents did the same – indeed, some still do so. Some restaurants put it in their beverage menu. And, some will remember it being sprinkled on coffee, or what went by the

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Route Mobile public shareholders tender shares worth Rs 2,500 crore

NEW DELHI: Enterprise messaging firm Route Mobile’s public shareholders have tendered shares worth about Rs 2,500 crore at current price for the company’s ongoing open offer, according to a regulatory filing. The open offer has been triggered with Belgium-based Proximus Group, through its subsidiary, initially acquiring a 57.56 per cent stake in enterprise messaging firm

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FSSAI Clarifies On Misinterpretation Of ‘Display Of Information’ Licensing Authorities | Companies News

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Software giant Salesforce in advanced talks to buy Informatica

Customer relations software maker Salesforce is in advanced talks to acquire Informatica , a person familiar with the matter told Reuters on Friday, in the latest sign of increased deal-making in the technology sector. A deal could be announced soon, said the source, who requested anonymity as the discussions are confidential. The price being discussed

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Over $100 Million In Funding Raised By 21 Indian Startups This Week | Companies News

New Delhi: The Indian startups continued to raise funds at a normal pace, and this week, as many as 21 startups secured nearly $105 million in the country. This included six growth-stage deals and 12 early-stage deals, reports Entrackr on Saturday. “One growth-stage startup and two early-stage startups did not disclose the amount raised,” the

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Delhi airport sees 17 flight diversions due to bad weather

NEW DELHI: Seventeen flights were diverted at the Delhi airport on Saturday evening due to adverse weather conditions, as per an official.The diversions occurred post 5 pm, with the official confirming the total count of diverted flights. The Indira Gandhi International Airport (IGIA) in the capital manages approximately 1,300 flight movements daily. More details awaited(With

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New capital requirements for Swiss banks will slow growth at UBS, says finance minister

ZURICH: The Swiss government’s proposed tougher capital requirements for the banking industry will impact UBS’s ability to grow, the country’s finance minister said in an interview published on Saturday. Switzerland’s largest bank will have to hold more capital if the regulatory package, announced on Wednesday to prevent a repeat of the collapse of Credit Suisse,

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Battery Plant: California battery plant is among world’s largest as power storage booms

NEW DELHI: A major battery plant near Los Angeles will be among the largest in the world when it comes online later this year, promising to shore up California’s power grid during the peak summer season and help the state a meet ambitious climate goals. Calpine’s billion-dollar Nova Power Bank, built on the site of

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