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 Business

Reserve Bank of India was established in 1935, as the country’s central bank. The sub-committee of the First Round Table Conference said that efforts should be made to establish on sure foundation and free from any political influence… a Reserve Bank which will be entrusted with the management of the currency and exchange. (Read in Hindi: सार्वजनिक नीति और आर्थिक चिंतन मनन का केंद्र है भारतीय रिजर्व बैंक)

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A riot of colours, eye-riveting designs, scintillating hues and entrancing interlacing of warps and wefts give these fabrics a distinctive appeal. From the northeast and Kashmir to the southern tip, these fabrics have distinguishing features that impart a unique exotic appeal. Through centuries, handlooms have been associated with excellence in India's artistry in fabrics and providing a source of livelihood to millions of crafts persons in almost every state.

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Kapada (Clothes) comes next after Roti (Food) as the most important basic need of human being. Aborigines were using bark of trees and leather of animals for protecting themselves from extreme cold and heat in the nature. Discovery of cotton, wool and silk along with the technology for spinning it to yarn and weaving yarn into fabrics mark one of the fascinating links in the evolution of human civilisation.

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New Delhi: As a result of demonetization, there is a substantial increase in the number of Income Tax Returns (ITRs) filed.

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New Delhi: Goods and Services Tax came into force at midnight, amid a historic midnight session in the Central Hall of Parliament. President Pranab Mukherjee, Prime Minister Narendra Modi, and Finance Minister Arun Jaitley addressed the gathering, before they pressed a button to mark the launch of GST. (Read in Hindi: संसद के ऐतिहासिक मध्‍यरात्रि सत्र के बीच जीएसटी की शुरुआत)

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Much awaited Goods and Services Tax (GST) will finally be a reality tonight that would radically change the way manufacturer, service provider, trader and eventually the consumer, pay taxes to the exchequer, both at the state and Central level, through a single levy, subsuming a plethora of indirect taxes and making India unified market.

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