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No tax levy if cash payment for goods, services is less than Rs 2 lakh, clarifies CBDT
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CBDT has issued a new circular clarifying that the Tax Collected at Source (TCS) levy will not be applicable when cash part of the...
Fashion & Lifestyle
TataCLiQ.com signs up 12 global brands to sell on its platform
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Tata group's e-commerce venture TataCLiQ.com has partnered with 12 international brands, including New Look, Oasis, Lipsy London, Phase Eight, Hawes & Curtis, to sell...
Retail
Asian Paints to invest Rs 4,000 crore in new units at Karnataka , AP
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Asian Paints Ltd is investing around Rs 4,000 crore on setting up two manufacturing plants in Karnataka and Andhra Pradesh, although it has cautioned...
Latest News
Government notifies changes in FDI policy
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The government today notified changes in the foreign direct investment (FDI) policy in sectors including pharmaceuticals, defence and single-brand retail.
These decisions were announced earlier...
Retail
Bandaru Dattatreya asks Telangana government to submit new textile proposals
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Union Minister Bandaru Dattatreya asked Telangana government to submit new proposals to strengthen textile and handloom industry in the state.
"The Centre has earmarked Rs...
Latest News
Textile machinery industry doesn't see much impact from Brexit
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Textile machinery manufacturers' body India ITME Society does not see any immediate threat from Brexit, its Chairman Sanjiv Lathia has said.
"England is not a...
Retail
Luminous Water Technologies eyes Rs 300 crore revenue in FY17
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Luminous Water Technologies, which sells water purifiers under the Livpure brand, is looking at doubling revenue to Rs 300 crore this fiscal on the...
Food
Coca Cola to set up plant in Uttarakhand's Sitarganj
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Coca Cola will set up a bottling plant in Sitarganj in 70 acres of land to be provided by the Uttarakhand government after the...
Food
Hindusthan National Glass eyes retail foray
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Hindusthan National Glass and Industries (HNG), bulk supplier of glass containers to food and beverage companies, is planning to introduce light weight glass bottles...
Food
Food Security Act to be implemented in all states by July: Paswan
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Union Food and Consumer Affairs Minister Ram Vilas Paswan said the National Food Security Act will be implemented in the remaining states in next...
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An American or a British model doesn’t work in India. It must be Indianized: Abhijeet Anand, AbCoffee
Abhijeet Anand, founder and chief executive officer of AbCoffee talks about the changing lifestyles of Indians; the future of...