A once in a 100-year chance to fix an anomaly in tax rules

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THE ECONOMIC TIMESDaily Newsletter Sun, Apr 12, 2020 | 05:38 PM IST

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Top stories of the day A once in a 100-year chance to fix an anomaly in tax rules Corporate rescue this time may also involve a rewriting of accounting rules to encourage deleveraging.... 'Prolonged lockdown may result in IT job cuts' World's armies face a new enemy in virus outbreak Auto cos face delayed launches, labour issues: Report Saudi Arabia extends coronavirus curfew indefinitely Delayed appraisals, job loss fears increase anxiety COVID-19 will wipe out poverty reduction gains: WB Over 10% of US carrier's crew test +tive for virus

Coronavirus Updates Need to convert COVID-19 into opportunity: Gadkari Gadkari said plans are afoot to boost the highways sector. A committee has already been set up, he said, adding that ... Covid-19: Allow states to directly borrow from RBI, says Kerala FM Thomas Isaac Credit growth, lowest in 58 years with more than a third growth in last fortnight Water consumption in parched Bundelkhand up 60 percent due to COVID-19: Study Coronavirus will not overcome us, says Queen in her Easter message

SENSEX 31159.62 1265.66 NIFTY 50 9111.90 363.15 USD/INR 76.29 -0.07

Top Gainers NSE 51 companies (largecap) appreciated more than 5% Motherson Sumi 17.53% M&M 16.85% More from Gainers Top Losers NSE 1 company (largecap) price decreased more than -3% Hind. Unilever -3.60% More from Losers

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From namaste to corona drugs, West is looking to East for survival tips Once we brought back Camay soaps. Now we bring back the virus. "Foreign-returned" has acquired a patina of suspicion ... Coal minister asks states to not import dry fuel Virus hits hiring hard, delayed onboarding imminent Tata Starbucks to launch drive-through, home deliveries US logs world's highest coronavirus death toll Punjab cop's hand chopped off, two others injured in attack by 'Nihangis' Oyo says WeWork's failures changed everything Pune firm first to get govt funding for vaccine Govt seeks inputs from industries on expected output Maha discoms turn to energy exchanges, shun PPAs Did Trump play down virus warnings from intelligence? Need to convert COVID-19 into opportunity: Gadkari Govt to set up 20L shops to provide daily essentials

More From our Partners How Tier 2 and Tier 3 cities are set to drive major business in next 5 years? FinTech Companies can achieve customer satisfaction and loyalty, by focusing on technologies such as blockchain.

Top Slideshow Railways delivers camel milk for a child Top Video Policeman attacked by Nihangis in Punjab

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Lockdown, Day 18: Centre mulls an extension

CORONAVIRUS UPDATES 11 Apr, 2020 | 05:56 PM IST SENSEX 31,160 +1265.66 NIFTY 50 9,112 +363.15 Gold 45,303 +362.00 USD/INR 76.29 -0.07

Lockdown, Day 18: Centre mulls an extension The Centre is considering a two-week extension of the ongoing lockdown as India's total case count crossed the 7,500 mark. Maharashtra and West Bengal became the latest states to extend the lockdown period, after similar moves by Odisha and Punjab earlier this week. Here are all the latest developments... COUNT SO FAR 2 new cases in Maharashtra's Aurangabad; Total in district now 20 3 more cases found in Agra; Total number now 92 2 new cases in Odisha take state tally to 50 3 new cases in Jharkhand 17 new cases reported in Jammu & Kashmir 3 more cases reported in Lucknow 18 new cases in Rajasthan; Number rises to 579 Indore's death toll now 30; Case count now 249 92 more cases reported in Maharashtra, total 1,666 Five new cases reported in AP, tally rises to 386 Number of cases reaches 50 in Mohali 52 fresh positive cases in Old Delhi Total cases in Haryana stand at 163 Cases rise to 214 in Karnataka Fourth death reported in Dharavi Kerala records third death World India Tally Toll Tally Toll 1,684,833 102,136 7529 242 LIFE UNDER LOCKDOWN Number of containment zones in Delhi raised to 30 Maharashtra extends lockdown till April 30 West Bengal to impose total lockdown in 10 hotspots including parts of Kolkata Educational institutions in Bengal to remain shut till June 10 Kerala launches WhatsApp number to report domestic violence AROUND THE WORLD US approves $168 billion of small business loans under coronavirus plan US becomes the first country to record over 2,000 deaths i one day Boeing supplier furloughs 2,300 employees Mainland China reports 46 new cases, up from 42 a day earlier G20 ministers struggle to finalise oil output cuts despite US efforts Apple, Google to harness phones for virus infection tracking Argentina's Fernandez extends lockdown for big cities Malaysia extends movement curbs till April 28

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