Here comes the tax filing season. The last date for filing Income Tax Returns is extended to 5th August, whereas the original deadline was 31st July. Below are simple steps on how to file tax.
RBI reduces REPO ratio by 0.25 %
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The financial policy decisions taken by the Reserve Bank of India during the meeting presided by its governor, Urjit Patel & it was announced that the REPO ratio has been reduced by 0.25%.
The Petroleum Planning and Analysis Cell (PPAC) under the Ministry of Petroleum and Natural Gas have reviewed international prices of crude oil and petroleum products for the month of July 2017.
Pay more for petrol and diesel
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With the oil marketing companies’ move to uptick their dealer commission paid to petrol pump owners, it is likely that people will have to pay a little more for petrol and diesel starting from today.
New rules for passport application
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Below is the new set of rules for passport application as revised by the Ministry of External Affairs.
As a move to bring down the total subsidies in the next year, the government has ordered the state-run oil companies to increase rates of subsidized cooking gas by Rs 4 month on month.
The Income Tax Department has categorically declared that today (Monday, 31st July) is the last day to file the Income Tax returns for the financial year 2017-18.
Here comes the time to file tax. If you are rushing to get your tax filed before the deadline which is on 31st July, take a look at the below steps for easy and simple online tax filing.