Finance - general

GST collections down marginally to Rs86,318 cr in January, hopes of better compliance fade

28 Feb 2018

State Bank of India to issue first electoral bonds from 1 March

24 Feb 2018

EPFO lowers interest rate to 8.55% for 2017-18

22 Feb 2018

RBI cautions public about fraudulent namesake websites

13 Feb 2018

The Reserve Bank of India has cautioned the public against fake websites created by some unknown person(s), ostensibly to track and verify bank accounts of gullible internet users

RBI asks NPA-laden banks to retire high cost debt before govt fund infusion

09 Feb 2018

EFF for women employees capped at 8%, but tax liability goes up

09 Feb 2018

RBI keeps policy rates unchanged amidst a spike in inflation

07 Feb 2018

The Monetary Policy Committee of the central bank today decided to keep the repo rate unchanged at 6 per cent and the reserve repo rate at 5.75 per cent, while holding the Bank Rate at 6.25 per cent, citing inflationary pressures

Bitcoin trade faces sudden death in India as top banks suspend accounts

05 Feb 2018

Some of India’s lenders, including State Bank of India, Axis Bank, HDFC Bank, ICICI Bank and Yes Bank, have suspended accounts of some major Bitcoin exchanges, amid signs that the regulators may completely ban the virtual currency in the country

Flipkart, others may pay more in taxes as I-T classifies sales discounts as capex

22 Jan 2018

Bitcoin dreams fade for Indians amidst govt crackdown

20 Jan 2018

Top banks, including SBI, Axis Bank and ICICI Bank have suspend some accounts of major Bitcoin exchanges following income tax notice to thousands of people dealing in the virtual currency

NPS subscribers allowed partial withdrawal of contributions

20 Jan 2018

India to launch $350-mn fund for solar projects

19 Jan 2018

GST Council decides to reduce tax rates on 29 goods

19 Jan 2018

GST Council recommends changes in services GST

19 Jan 2018

The GST Council chaired by finance minister Arun Jaitley on Thursday recommended several relief measures regarding GST rates on goods and services covering several sectors and commodities

GST Council meeting may try to douse the fuel price fire

17 Jan 2018

The BJP-led government has cut excise duty only once during its tenure-but raised it nine times between November 2014 and January 2016, and there is a case for lowering the central levy before states reduce the VAT on fuels

NIA seizes over Rs80 cr of demonetised currency from Kanpur resident: report

17 Jan 2018

I-T Dept warns against `Benami’ deals

11 Jan 2018

Direct tax collections up 18.2% at Rs6,56,000 cr in April-December 2017-18

09 Jan 2018

MAT provisions relaxed for insolvent companies

08 Jan 2018

Govt collects Rs38,000 cr between July and November in GST cess

06 Jan 2018

GOI announces launch of 7.75% Savings (Taxable) Bonds, 2018

05 Jan 2018

Jaitley chairs pre-budget meeting of financial sector regulators

30 Dec 2017

Govt’s fiscal deficit overshoots estimate by 12% to Rs6,12,000 cr

30 Dec 2017

With proposed additional borrowing of Rs50,000 crore for the current fiscal the centre’s fiscal deficit is likely to hit Rs6,62,000 crore or 3.88 per cent of GDP for FY18