In February 2018, Aditya Birla Idea Payments Bank became the fourth such entity to begin operations since the issuance of licences to 11 firms by the RBI in August 2015.
After the end of a financial year, earning individual and entities need to calculate total income earned during the year and report it through Income Tax Return (ITR) within the due date.
India for long has been pressing China to open its pharmaceutical market for Indian pharma exports to address the yawning trade deficit which last year according to Chinese figures, crossed USD 57 billion in a USD 95.5 billion trade.
