us tax


US to review duty free access of certain Indian products

Apr 13 2018

The US has decided to review India's eligibility to enjoy duty free access for certain products in the American market under a tax benefit scheme.

US office vacancy rate rises in first quarter: Reis

Mar 29 2018

US office vacancy rate for the first quarter rose to 16.5 percent, the highest since 2015, despite a healthy job market, according to real estate research firm Reis Inc.

Fed's 2017 profit payments to Treasury fall to $80.6 billion

Mar 23 2018

The US Federal said its remittances to the US Treasury fell to $80.6 bn in 2017, in part because the central bank made larger interest payments to financial institutions.

IMF chief sees growth, overheating, debt risks from US tax cuts

Mar 01 2018

IMF Managing Director Christine Lagarde said she sees positive and negative effects from a “complicated” US tax overhaul.

Brands in India to be included in review for consumer health biz

Mar 01 2018

Drug firm Pfizer said Gelusil, Becosules and Corex brands in India will be included in the global strategic review of the consumer healthcare business of Pfizer Inc.

GE says it may face US action over subprime mortgage operations

Feb 24 2018

GE faces potential action over allegations that its GE Capital unit and now defunct WMC Mortgage Corp unit violated U.S. law in connection with subprime mortgages.

HSBC Holdings 2017 pre-tax profit jumps 142% percent

Feb 20 2018

HSBC 2017 pre-tax profit rose 142% as the lender avoided the multi-bn dollar restructuring costs that marred its 2016 results but the profit growth lagged expectations.

Cisco tops estimates as turnaround takes centre stage

Feb 15 2018

Cisco reported its first rise in quarterly revenue in more than two years and forecast upbeat current-quarter profit, as the network gear maker’s years-long efforts.

MetLife says pension failures go back 25 years, hurt Q4 profit

Feb 14 2018

MetLife said internal failure that resulted in its not making payments to thousands of pensioners stretched back a quarter of a century and it would take a major effort.

Deutsche Bank pegs FY19 growth at 7.5%; warns of rate hike

Feb 12 2018

The economy will accelerate to 7.5 percent in FY19 and there is a slim chance of the much- feared rate hike by the central bank in the near-term as inflation risks abate.

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Stocks In News



Steel Ministry To Announce Scrap Policy This Year

Draft Scrappage Policy Allows Benefits For Vehicles Older Than 20 Yrs

Steel Secy Arun Sharma Says Policy Will Be Out By December 2018

Scheme Will Come In Effect From April 2020

Mint Reports


Telenor India Eyes Bankruptcy Filing, Merger Plan With Airtel May Take Hit

Legal Tussle Over Bank Guarantee Could Also Delay Govt Approval

Economic Times Reports


Lenders To Meet Today To Decide On Essar Steel

CoC May Give Time To Arcelor And Numetal To Rectify Bids

Business Standard Reports


IPO under SEBI scanner

SEBI has sought details of investment made by ICICI Prudential MF

Had to cut its IPO Size To Rs 3,520 Cr from original target of Rs 4,017 Cr

A large chunk was bought by ICICI MF

ICICI MF is ICICI Securities largest public shareholder with 3.82% stake

Mint Reports


Board approves proposal for corporate restructuring

Move aimed at simplifying & clarifying structure & holdings

To focus on travel, forex, destination mgmt & portfolio investments

Restructuring will consolidate HR services into Quess Corp

Shareholders will receive 1,889 shares of Quess for every 10,000 Shares Held in Co

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