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11 killed in Jaipur gas tanker crash, several injured critically | Bengaluru techie suicide: Atul Subhash's mother approaches Supreme Court seeking custody of grandson | Narendra Modi, King Charles III discuss climate action and sustainability during telephonic conversation | Modi govt's 'One Nation, One Election' bills sent to JPC | BJP is desperate: Priyanka Gandhi Vadra on FIR against Rahul Gandhi over parliament scuffle | US govt backs India's request to extradite 26/11 accused Tahawwur Rana, asks Supreme Court to dismiss his plea | Daal mein kuch kaala hain ya sab kuchh kaala hain? SC questions authenticity of scanned OMRs in Bengal recruitment scam case | BJP is creating chaos to distract attention from Ambedkar row: Rahul Gandhi on Parliament tussle | Assault on me and Rahul Gandhi: Congress chief Kharge's charge over parliament chaos | PM Modi dials BJP MPs hospitalised with injuries over parliament showdown

Cabinet approves expenditure sanction for integrated e-filing and centralized processing centre 2.0 project

Jan 16, 2019, at 06:27 pm

New Delhi, Jan 16 (IBNS): The Union Cabinet, chaired by Prime Minister Narendra Modi, has given its approval to expenditure sanction of Rs.4,241.97crore for Integrated E-filing &Centralized Processing Center 2.0 Project of the Income Tax Department.

Direct Tax collections for F.Y. 2018-19 up by 14.1%: Officials

Jan 07, 2019, at 06:46 pm

New Delhi, Jan 7 (IBNS): The provisional figures of Direct Tax collections up to December, 2018 show that gross collections are at Rs. 8.74 lakh crore which is 14.1% higher than the gross collections for the corresponding period of last year, official data released on Monday said.

Infosys Foundation to build center for handling cybercrime investigation

Oct 03, 2018, at 04:30 pm

Kolkata / Bengaluru, Oct 3 (IBNS) IT major Infosys Foundation, the philanthropic arm of Infosys,on Wednesday announced that it has signed a Memorandum of Understanding (MoU) with the Criminal Investigation Department (CID) of Karnataka Police and Data Security Council of India (DSCI) towards setting up the Centre for Cybercrime Investigation Training & Research (CCITR) in Bengaluru, Karnataka.

US commitment on improving IT market access big positive for India, says ASSOCHAM

Jun 28, 2017, at 11:25 pm

New Delhi, June 28 (IBNS): ASSOCHAMon Wednesday welcomed the India-US joint statement following the meeting of Prime Minister Narendra Modi with President Donald Trump, stating the mutual commitment to increasing market access in Information Technology and other sectors is a big positive for the USD 150 billion Indian software and services industry.

Rentals easing in IT hubs on subdued sentiment: ASSOCHAM study

Jun 28, 2017, at 11:18 pm

New Delhi, June 28 (IBNS): With IT sector witnessing subdued sentiment amidst pressure on hiring and annual pay rise for employees, the country's software and services hubs such as Bengaluru, Hyderabad, Chennai, Pune and Noida-Gurgaon in NCR are expected to see 10-20 per cent reduction in the housing rents over the next three quarters, according to an ASSOCHAM paper.

Automation to take centre-stage at this year’s Business-IT Conclave organised by The Bengal Chamber of Commerce and Industry

May 24, 2017, at 11:54 pm

Kolkata, May 24 (IBNS): The Bengal Chamber of Commerce and Industry organised the eighth edition of its annual Business-IT Conclave, this year themed on “Bridging Automation And Society”, at Hyatt Regency in Kolkata.

Devise back up minimum income schemes for those losing jobs due to automation: ASSOCHAM-PwC Paper

Apr 30, 2017, at 11:22 pm

New Delhi, Apr 30 (IBNS): With the Indian IT and other industries facing some of the daunting challenges from protectionism in the US and Artificial Intelligence (AI), an ASSOCHAM-PwC study has made out a strong case for government –industry schemes which ensure a minimum income to those displaced , along with basic health facilities for the families in stress.

Gartner says worldwide IT spending forecast to grow 1.4 percent in 2017

Apr 10, 2017, at 10:33 pm

New Delhi, Apr 10 (IBNS): Worldwide IT spending is projected to total $3.5 trillion in 2017, a 1.4 percent increase from 2016, according to market research firm Gartner, Inc.

Verification of high value suspicious declarations made under the IDS 2016 , says govt

Dec 04, 2016, at 10:08 pm

New Delhi, Dec 4 (IBNS): An Income Declaration Scheme (IDS) was announced in the Union Budget 2016-17 under which declaration of undisclosed income or asset could be made by agreeing to pay forty five percent (45%) of the declared amount as tax, surcharge and penalty.

Gartner says IT spending in the banking and securities Industry in India to reach $7.8 billion in 2017

Oct 28, 2016, at 11:39 pm

New Delhi, Oct 28 (IBNS): IT spending by banking and securities firms in India will reach $7.8 billion dollars in 2017, an increase of 8.6 percent from 2016, according to Gartner, Inc.