News digest: I-T holds back Rs 20,000 cr, RIL's profit rises 8.8%, and more

From Centre looking at options to boost farmer income to Goyal setting terms for Rs 700-crore infusion, BS brings you up to date with the latest news

I-T holds back Rs 20,000 crore in tax refunds

The income-tax (I-T) department has decided not to release many high-value refunds claimed by corporates and public sector units for the financial year 2016-17, citing reasons such as discrepancies in the credit of tax deducted at source (TDS), carry forward losses, and pending tax demand for the previous years, said two sources privy to the development. Read more

Centre looking at options to boost farmer income: Singh

Just days before the interim Budget for 2019, Agriculture Minister Radha Mohan Singh on Thursday said the NDA government was looking at