Wednesday, 10 January 2018

After data leak scare, new 2-layer safety net for your Aadhaar now

THE ECONOMIC TIMES Daily Newsletter
After data leak scare, new 2-layer safety net for your Aadhaar now

After data leak scare, new 2-layer safety net for your Aadhaar now

Virtual ID will be used to avoid need to share Aadhaar number at the time of authentication. It will be a 16-digit randomly-generated virtual number.

Evasion is literally child's play: Defaulters are using sons, daughters to hide money

Some promoters are moving assets worth hundreds of crores to sons/daughters. Those assets are sold off within months, and the money shipped overseas.

Taxman alert: Benami transactions will now get you 7-yr rigorous imprisonment

The tax department attached benami assets worth Rs 1,833 crore across the country, issued 517 notices and made 541 attachments, in last one year.

Centre relaxes FDI norms in airlines, retail, construction

The government said that the decision would help provide ease of doing business and also lead to larger FDI inflows contributing to growth of investment, income and employment.

These four expenditures can help you save tax under section 80C

If you have incurred any of the below-mentioned expenses in the FY 2017-18, then you can claim deduction for it up to a maximum of Rs 1.5 lakh.

World Bank says India has huge potential, projects 7.3% growth in 2018

India, despite initial setbacks from note ban and GST, will growth by 7.3 per cent in 2018 and 7.5 for the next two years, the World Bank said.

Crop insurance scheme likely to get Rs 13,000 crore in FY19 budget

According to sources, the budget allocation for the PMFBY could go up to Rs 13,000 crore for the next fiscal taking into account about 10 per cent likely increase in the sum insured.

As US freezes aid, Pakistan dismisses economic fears, for now

Exasperated by Islamabad's neglect in cracking down on militancy, Donald Trump's administration last week announced a suspension of its aid for Pak.

From our Partners
Making your first mutual fund investment

Investors should also read the scheme related documents and understand the investment objective of the mutual fund scheme, know the securities in the scheme where money will be invested.

Trump Towers enters North India; M3M, Tribeca to invest Rs 1,200 cr

Trump Towers enters North India; M3M, Tribeca to invest Rs 1,200 cr

Trump Towers enters North India; M3M, Tribeca to invest Rs 1,200 cr

This is the fourth Trump Tower project in India after Pune, Mumbai and Kolkata.

China miffed at ET article that flagged its protectionist policies

China miffed at ET article that flagged its protectionist policies

China miffed at ET article that flagged its protectionist policies

China's arm-twisting of Western tech firms is common knowledge. The country did little to control the narrative about its authoritarian regime.

Rs 18 lakh crore: What India could gain by cutting road deaths

Rs 18 lakh crore: What India could gain by cutting road deaths

India has the dubious distinction of maximum road deaths - 1.51 lakh in 2016 - and an estimate had projected 3% loss of GDP as the cost of road crashes in India.

From our Partners
Six smart things to know about bonus in insurance plans

Not all life plans are eligible for bonus. Plans can either be participatory, thereby qualifying for bonus, or non-participatory, that do not qualify for bonus.

Where FPIs got it right & which stocks made them bleed in 2017

The three stocks soared 40 per cent, 65 per cent and 76 per cent, respectively, in 2017.

AirAsia India IPO talk adds zing to aviation; lift Jet, IndiGo stocks

AirAsia will seek approval at the next board meeting to pick a banker for the IPO.

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Wed, Jan 10, 2018 | 05:57 PM IST

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