Finance - general
Govt mulls GST on virtual currency trading
24 May 2018
While any decision to tax cryptocurrencies will hinge on the outcome of the panel set up to suggest ways to regulate them, taxing virtual currencies would indirectly give them a legal status
India remains at top of global remittances chart with $69 bn in 2017
24 Apr 2018
Remittances to India picked up sharply by 9.9 per cent to $69 billion in 2017, reversing the previous year's dip, but were still short of the $70.4 billion received in 2014
President gives assent to Fugitive Economic Offenders Ordinance
23 Apr 2018
President Ram Nath Kovind on Sunday gave his assent to two important ordinances that prescribes deterents against fugitive economic offenders and those involving crimes against children. With the President’s assent these two ordinances have now come into effect
RBI holds rates amidst easing of inflation
05 Apr 2018
RBI said the decision of the MPC is consistent with the neutral stance of monetary policy and in consonance with the objective of achieving the medium-term target for consumer price inflation of 4 per cent, while supporting growth
Net FY18 direct tax collections up 17.1% at Rs9,95,000 cr; GST collections at Rs7,17,638 cr
03 Apr 2018
Share sales to attract long term capital gains tax from 1 April
31 Mar 2018
The tax on long-term gains on share transactions, reintroduced after a gap of 14 years, imposes a 10-per cent tax on gains exceeding Rs1 lakh from sale of shares
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