Author: Editorial

The Securities Appeal Tribunal (SAT) today granted a major relief to the global audit firm Price Waterhouse (PW) in a decade-old Satyam scam, revoking the Securities and Exchange Board of India (Sebi) order against it. In January 2018, SEBI issued an order banning its firms and two auditors in view of PW’s role in the multi-crore scam in the Ramalinga Raju-promoted company. Under this, they could not provide audit services to listed companies and market intermediaries for two years. The scam was revealed in January 2009. It showed a cash balance of over Rs 3,300 crore by manipulating the company’s…

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Since India’s economic growth rate has come down to just five percent, there is a stir in the deepening crisis in the siege of internal recession. Despite such turmoil and confusion, the government does not want to take any care in securing the interest of millions of startups and small entrepreneurs, especially in the country. That is why it was decided to ease the income tax rules for startups, and that is why the government is in talks with foreign lenders to provide loans of nearly $ 14.5 billion to millions of small firms.Even though the Indian economy is not…

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The Central Board of Direct Taxes (CBDT) on Thursday clarified that small startups with a turnover of Rs 25 crore will be 100 percent tax-free for three years out of seven years from inception. Those Who Fulfill The Conditions of Section 80 IAC Will Get The Exemption In the clarification issued by CBDT, it said that startups falling under its purview will get tax exemption under Section 80 IAC of Income Tax Act 1961 as promised. In this, the startup will be 100 percent tax-free for the first three years of income in three years. It said that all startups…

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Reliance Group Chairman Anil Ambani said on Tuesday that he has paid a loan of 35 thousand crore rupees in the last 14 months. He also said that in the coming time, he will also pay the rest of the debt. Ambani said this to the media during a conference call. According to Ambani, the group companies whose debts were repaid for 35 thousand crore rupees include Reliance Power, Reliance Infra and Reliance Capital. Ambani said, “Reliance Group has paid a total debt of more than Rs 35,000 crore in a period of 14 months from April 2018 to May…

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New Delhi. APL Apollo Tubes Limited, the largest manufacturer of ERW steel pipe and section in India, will be the main sponsor of the Delhi Capitals team for the IPL season starting 23 March 2019 this year. Announcing the sponsorship, Sanjay Gupta, CMD, APL Apollo Tubes Limited said, “The company has chosen IPL for brand activation as it is very popular and has a wide reach. To reach our target group, we have chosen IPL because it is very popular and has a wide reach. To reach our target group, we have considered IPL as the best medium. APL Apollo…

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Comparing the figures of Startup India in India, there are only 8 million women entrepreneurs out of total enterprises and more than 50 million male entrepreneurs on the other hand. From these figures, we can find out how a small number of women entrepreneurs exist in our country. Because of the women empowerment and entrepreneurship of women, many such schemes have been implemented by the Government of India through which women entrepreneurs can be seen everywhere in the startup ecosystem of India. Women too will not only work within the four walls of the houses, but women will also be…

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American retail giant Walmart will open 20 new wholesale cash and carry stores in India in the next three years. Two stores will be opened this year. 8 stores will be launched next year and 10 in the third year. There are plans to open 50 stores in the next 5 to 7 years. This was informed by Krish Iyer, President, and CEO of Walmart India. Plan to Open 15 Stores in UP The company has signed an MoU with the state government to open 15 stores in UP in the next few years. These stalls will be opened in…

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Know how to start the business of making slippers – Hello friends today I am going to tell you about the business of making slippers, how you can start this business and earn good profits and make your daily life happy. Slippers protect the feet in every way, as important as clothes are for us, slippers are just as important. Slippers are used in both village cities. In cities where sandal is used as a fashion, the sandal is used in villages to avoid pebbles and stones. Slippers are sold in large quantities in India. Most people use slippers indoors.…

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There is no shortcut for the success, a person cant attain the same without hard-work. All those who want to be a successful person have to work hard day and night to attain the desired goal. And to attain the success, the spirit of never giving up is very important. It all depends upon the hard work and dedication of the person to what extent he/she is putting his efforts to become successful. People usually opt for the shortcut or posture method to achieve the goal which eventually makes the way harder to attain success. Success is not all about…

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When Raj was 18 years old, the father said that either you see the work of the restaurant or in 6 months prove yourself and tell it. Raj Kundra, who was in controversies with the Indian Premier League, has now got into a dispute with actor Sachin Joshi. Kundra alleges that Sachin was also a participant in his poker league, a check of 40 lakh given by him has bounced. Sachin says he did not participate, so why to pay. BusinessLend.Com is telling you about Raj Kundra. Raj Kundra is the owner of the Rajasthan Royals team, returning after a…

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