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Monthly Archives: January 2019

Direct tax collections up 14.1%

Direct tax mop-up grew 14.1% to Rs. 8.74 lakh crore during April-December 2018, the Finance Ministry said on Monday. Refunds amounting to Rs. 1.3 lakh crore have been issued from April to December, 2018, which is 17% higher than refunds issued in the year-earlier period. Advance tax As much as …

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First India-flagged cruise from April

Aimed at contributing to India’s cruise tourism, Zen Cruises, a company promoted by Essel Group chairman Subhash Chandra’s family office, has announced plans to start cruise services on India’s coastline starting April 17. Karnika, the first ship under the Jalesh brand, with a capacity to take 1,900-2,000 people on board, …

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Trump to visit Mexico border

President Donald Trump will visit the U.S.-Mexican border this week, his spokeswoman said on Monday, in the latest bid to pressure Congress over border wall negotiations that have led to a partial government shutdown. He will “travel to the Southern border on Thursday to meet with those on the frontlines …

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Process starts to elect new Malaysia king

Malaysia’s royals prepared on Monday to pick a new king to replace Sultan Muhammad V, who abdicated in a historic first after reportedly marrying a Russian former beauty queen, holding a special gathering at the national palace. As the country reacted with shock to the news, Malaysia’s Islamic royal families …

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