New Delhi
The government on Wednesday extended the deadline for linking PAN with biometric Aadhaar by three months till June 30.The Income Tax Department said it had received representations from tax-payers that the last date for intimating the Aadhaar number may further be extended in the wake of the ongoing Covid-19 pandemic. PTI
Mumbai
Recurring transactions: RBI extends timeline
The RBI on Wednesday extended the timeline by six months to comply with its guidelines related to recurring online transactions with Additional Factor of Authentication (AFA), but reprimanded players that the non-compliance is a “serious concern”. Earlier, the deadline was March 31. PTI
New Delhi
Core sectors’ output shrinks by 4.6% in Feb
The output of eight infrastructure sectors contracted by 4.6% in February with all the core segments, including coal, crude oil, natural gas, refinery products and fertilisers witnessing a decline, according to official data released on Wednesday. PTI
New Delhi
BPCL buys out OQ’s stake in Bina refinery project
Bharat Petroleum Corporation Ltd (BPCL) on Wednesday said it has acquired partner OQ’s entire stake in the Bina refinery project in Madhya Pradesh for Rs 2,400 crore. BPCL signed a sales purchase agreement with OQ to buy its 36.6% stake in Bharat Oman Refineries Limited, the company said. PTI
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