Finance - general

GST set for midnight launch on 30 June

GST set for midnight launch on 30 June

19 Jun 2017

The Goods and Services Tax is all set to be officially launched on the midnight intervening 30 June and 1 July after the GST Council cleared all GST rules and finalized all rates

Aadhaar must for transactions of Rs50,000 and above, bank accounts

Aadhaar must for transactions of Rs50,000 and above, bank accounts

16 Jun 2017

All existing bank account holders will also have to furnish their Aadhaar number latest by 31 December 2017, failing which the account will cease to be operational

India remains top receiver of foreign remittances with $62.7 bn inflows in 2016

16 Jun 2017

Aadhaar mandatory for filing I-T returns from 1 July: CBDT

Aadhaar mandatory for filing I-T returns from 1 July: CBDT

10 Jun 2017

The CBDT clarified on Saturday that Aadhaar will be mandatory for filing I-T returns and while applying for new PAN beginning 1 July

GST Council forms 18 groups to sort out industry worries

10 Jun 2017

CBDT notifies relaxed safe harbour regime for cross-border transactions

10 Jun 2017

PAN holders with no Aadhar can also file I-T returns: SC

PAN holders with no Aadhar can also file I-T returns: SC

09 Jun 2017

The apex court said Parliament was well within its right to enact a law linking PAN and Aadhar, but stayed the provision for those who do not have an Aadhar number, even as it left rights to freedom issues to a larger Constitution bench

GST to make foodgrains, milk, vegetables cheaper by up to 5%

09 Jun 2017

GST to make foodgrains, milk, vegetables cheaper by up to 5%

09 Jun 2017

India signs OECD convention to plug tax treaty loopholes

India signs OECD convention to plug tax treaty loopholes

09 Jun 2017

The convention will help modify India’s existing treaties to curb revenue loss through treaty abuse and Base Erosion and Profit Shifting strategies by ensuring that profits are taxed where substantive economic activities generating the profits are carried out

RBI keeps rates unchanged; decides to wait and watch

RBI keeps rates unchanged; decides to wait and watch

07 Jun 2017

RBI governor Urjit Patel on Tuesday said there are a lot of ‘moving pieces’, including the monsoon, consumer inflation, input and wage costs and the rollout of the Goods and Services Tax (GST), the risks of which are yet to play out

IPOs, bonus issue, share gifts get capital gains tax exemption

07 Jun 2017

US Supreme Court limits SEC’s power to recover ill-gotten profits

US Supreme Court limits SEC’s power to recover ill-gotten profits

06 Jun 2017

With the apex court’s decision, the 10th Circuit Court of Appeals ruling that ordered Charles Kokesh to pay $34.9 million in profits, allegedly misappropriated from four business development companies from 1995 to 2009, stands reversed

24 states pass SGST Acts, seven states yet to clear bill

05 Jun 2017

GST Council clears all rules; states agree on 1 July roll-out

GST Council clears all rules; states agree on 1 July roll-out

03 Jun 2017

Biscuits to attract 18 per cent tax, footwear 5 per cent and gold 3 per cent, as GCT Council finalises rates and rules

I-T cautions people against large cash transactions

03 Jun 2017

EY, Microsoft team up to offer online GST compliance support

01 Jun 2017

People more likely to seek friends’ advice for money decisions rather than “robo-advice”

31 May 2017

People more likely to seek friends’ advice for money decisions rather than “robo-advice”

31 May 2017

People more likely to seek friends’ advice for money decisions rather than “robo-advice”

31 May 2017

EPFO to invest up to Rs20,000 cr in ETFs this fiscal

30 May 2017

Sugar, tea, coffee and milk to cost less under GST

26 May 2017

Demonetisation made economy leaner by Rs5,00,000 cr: report

Demonetisation made economy leaner by Rs5,00,000 cr: report

25 May 2017

The Indian economy is running with Rs5,00,000 crore less of cash than would have been present in the economy in the absence of demonetisation

I-T unearths 400 benami deals, attaches Rs 600-crore properties

25 May 2017

Yogi launches fresh I-T raids against UP bureaucrats

24 May 2017

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