Finance - general

GST Council cuts rates on certain goods and services

20 Sep 2019

Govt slashes corporate tax rate to 22% from 30%

20 Sep 2019

Finance minister Nirmala Sitaraman today announced a major reduction in corporate tax rate to 22 per cent from existing 30 per cent while also giving new domestic manufacturing companies the option to pay tax at 15 per cent

Direct tax collection up in April-September, but still short of target

19 Sep 2019

RBI’s Bharat Bill Payment System to cover all recurring bill payments

18 Sep 2019

EPFO to soon credit interest to subscriber accounts at 8.65% for 2018-19

17 Sep 2019

`No conviction for conversion’ pledge mandatory for NGOs and staff to receive foreign funds

17 Sep 2019

Modi launches pension scheme for small traders and self-employed

12 Sep 2019

Together, the pension schemes for farmers and traders and self-employed will benefit around 80 million people in the country, ensuring a monthly assured pension of Rs3,000 for each

Fintech panel proposes cash flow based lending to MSMEs

03 Sep 2019

The committee has also suggested a special drive for modernisation and standardisation of land records by setting up a dedicated National Digital Land Records Mission besides use of modern tools by all lending agencies

GST revenue collection drops to Rs98,202 crore in August

03 Sep 2019

Finance minister sees gradual reduction in tax rates for bigger corporates

20 Aug 2019

Task force on direct tax code submits report

20 Aug 2019

The task force, headed by Principal Chief Commissioner of Income Tax, Akhilesh Ranjan, is reported to have recommended significant relief for taxpayers, including an across-the-board 25 per cent tax rate for corporates and a new 5-20 per cent slab to benefit middle and upper middle class

CBDT makes digital records mandatory for all I-T Dept communications

16 Aug 2019

I-T raids on TN firms find more than Rs700 cr undisclosed income

13 Aug 2019

Monetary limits for filing of appeals by I-T Dept further enhanced

09 Aug 2019

SC seeks confirmation on WhatsApp's compliance with local data rules

02 Aug 2019

GST revenue collection in July up 5.8% at Rs1,02,083 crore

02 Aug 2019

GST rate on electric vehicles, chargers reduced to 5%

29 Jul 2019

GPF interest rate for July-September reduced by 10 bps to 7.9 per cent

17 Jul 2019

RBI imposes Rs7-cr fine on SBI for violation of norms

16 Jul 2019

RBI offers additional liquidity to banks to deal with NBFC/HFC exposure

09 Jul 2019

Custom duty changes to provide level playing field to domestic industries

05 Jul 2019

IMF chief Christine Lagarde to succeed Mario Draghi as ECB president

03 Jul 2019

Lagarde, who successfully used her diplomatic skills to steer the IMF out of the policy muddle following the 2008 financial crisis, will now be pitched into an economic power house that is split between anti-austerians and expansionists as president of the ECB

India’s external debt rises by 2.6% to $543 billion in FY19

01 Jul 2019

Foreign-owned assets in India up $45.2 billion to $436.4 billion in FY19

01 Jul 2019

ED attaches Sterling Biotech assets worth Rs9,778 cr in bank fraud case

27 Jun 2019

Promoters of Sterling Biotech diverted loan funds for non-mandated purposes, layered and laundered through a web of multiple domestic as well as offshore entities, siphoned off loan funds to finance their Nigerian oil business, and even used these for their personal purposes, the ED stated