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These are the top 5 business stories of the day
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Updated : Mar 21, 2018, 04:23 AM IST
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These are the top 5 business stories of the day:
PPF remains tax exempted; EPF interest post April 1 to be taxed
Clearing the air on taxing provident fund withdrawals, the government on Tuesday said PPF withdrawals will continue to be fully exempt from tax and only interest accruing after April 1 on 60% of the contributions made to Employee PF will be taxed. Read more.
BSE Sensex zooms over 700 points, Nifty regains 7,200-mark
BSE Sensex zoomed up over 700 points on Tuesday and the Nifty reclaimed the 7,200-mark in afternoon trade as calls for a rate cut intensified, backed by experts too. Read more.
Govt seals Aamby Valley for non-payment of dues of over Rs 4 crore
The Sahara Group-owned Aamby Valley Resort has been sealed by the government for the non-payment of dues. The Lonavala-based property was sealed by Mulshi Taluka Tahsildar for the non-payment of non-agricultural tax of Rs 4.82 crore. Read more.
Budget 2016 fallout: Jewellers may call for pan-India strike to protest excise duty levy
Gems and jewellery associations have called for an indefinite strike starting Tuesday, according to several media reports. Read more.
Renault sales jump over two-fold to 8,834 units in February
Automaker Renault has reported an over two-fold jump in sales to 8,834 units in February as against 3,419 units sold in the same month last year. Read more.
