GST filing norm

NEW DELHI: Businesses having zero tax liability for six consecutive months under the GST may soon get relief once the proposal to allow such entities to file returns only twice a year gets the GST Council's nod. According to recent data, as much as 40 per cent of return filers under the goods and services tax (GST) regime have nil tax liability and will not have to file monthly returns once the new simplified return filing procedure is finalised. PTI

Insurance Aadhaar

NEW DELHI: Insurance regulator IRDAI has extended the deadline for linking 12-digit unique identity number Aadhaar with various insurance policies until the Supreme Court decides on the matter. The IRDAI decision to indefinitely extend the March 31 deadline comes in the wake of an apex court order. PTI

PM meet

NEW DELHI: Prime Minister Narendra Modi will chair a meeting of the heads of top state-run enterprises next month to chalk out a strategy for the functioning and role of CPSEs to realise the vision of a "New India". PTI

Fino Paytech

<,t>n MUMBAI: Financial services firm Fino Paytech is targeting to raise up to Rs 250 crore in equity for expanding its flagship payments bank and also the non-bank finance business, a top official has said. "We're in discussions to raise Rs 200-250 crore. Hopefully, we should finish it in the next three months or so," Rishi Gupta, managing director and chief executive, said. PTI

ONGC move

NEW DELHI: State-owned Oil and Natural Gas Corp (ONGC) may buy out gas utility GAIL India Ltd in its Dahej mega petrochemical project in Gujarat to take full control of the recently commissioned plant. PTI

Merger drill

NEW DELHI: A merger of state-run trading firms MMTC and STC is on the cards and the matter is under process, commerce and industry minister Suresh Prabhu has said. PTI

Farm income

NEW DELHI: An inter-ministerial panel formed by the Centre on doubling farmers' income by 2022 will submit its final report next month, its chairman Ashok Dalwai said. PTI