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Business

Rolling back tax on EPF is good but why tax NPS?

The Finance Minister has nicely articulated his plan for the expenditure side of the budget by identifying and focusing on nine priority areas for government spending; the same however, cannot be said about the revenue side where there seems to be certain adhocism, piecemeal taxation and over all lack of …

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Black money: RBI to share FDI-related info with IB, RAW

New Delhi:The Reserve Bank of India will share FDI-related information with country’s intelligence agencies — IB and RAW — to check black money from entering the country. The decision was taken during a recent meeting of a government group, headed by Revenue Secretary, to check economic crimes. The move comes …

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OROP in defence difficult, says budget panel

Panaji: The World Trade Centre (WTC), Goa in association with the International Centre of Goa, Western India Regional Council of the Institute of Chartered Accountants of India and GCCI organised a panel discussion on Impact of the Central Budget 2016-17 on direct and indirect taxes. Chartered Accountant, Sandeep Bhandare who …

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Honda launches new Amaze

Panaji: Honda Cars India Ltd (HCIL), leading manufacturer of premium cars in India, on Friday introduced the new Honda Amaze which was also unveiled in Goa at the hands of joint managing director of Caculo Group Suraj Caculo. The new Amaze now comes equipped with the Continuously Variable Transmission (CVT), …

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TNS Diamonds opens store at Mall de Goa

Panaji: TNS Diamonds, one of the acclaimed and trustworthy whole sellers of diamond jewellery in India inaugurated its first flagship store at Mall de Goa, Porvorim. Inauguration was by Laxmikant Parsekar, Chief Minister in the presence of Nikunj Gupta, owner, TNS Diamond. Speaking at the occasion Gupta said that the …

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GCCI hosts 4th state level business plan

GCCI hosted the I Create State level business plan competition under its entrepreneurship development program, Change the mindset (CMS). Seven colleges took part in the five-day workshop which aimed at equipping students with basic entrepreneurship skills. These skills allow students to choose entrepreneurship as a career option upon graduation, thereby …

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INOX launches its 4th property in Porvorim

Panaji : INOX Leisure Ltd on Thursday announced the launch of its fourth property in Goa whilst further strengthening its presence in the state. The multiplex is located in Mall de Goa, the first mall of Goa with 4 screens and a seating capacity for 911 guests. With this opening, …

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Gold shops remain closed to protest excise duty

Panaji: Gold shops in Goa are closed till Friday due to a three-day strike called by the all-India jewellery association. The pan-India strike announced from Wednesday onwards is by the Gems and Jewellery Trade Federation (GJF), Mumbai and it is to protest against the one per cent excise duty announced …

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Mall De Goa launched at Porvorim

Porvorim: The biggest mall in North Goa, Mall De Goa was inaugurated at the hands of Defence Minister Manohar Parrikar on Saturday at Porvorim. The chairman of Jai Bhuvan Builders Sadanand Sheth welcomed the dignitaries. In his speech Sheth recollected how he rose from a humble beginning by selling peanuts …

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