Sebi Proposes Regulatory Framework for Online Bond Platforms
On Thursday, Capital markets regulator Sebi proposed a regulatory framework for online bond platforms that sell listed debt securities. According to the consultation paper, under...
Category : ECONOMY
Centre Cuts Windfall Tax on Crude Oil to Rs 17,000/Ton; RIL, ONGC Shares Up
According to a government order, the central government has slashed the windfall profits tax imposed earlier this month on crude oil by about 27% to...
RBI Closer to Its Inflation Mandate Than Other Central Banks
Central banks worldwide have been raising interest rates frantically to curb inflation. The Reserve Bank of India (RBI) is closer to its inflation target than...
Pay GST on Pre-Packed, Labelled Food, Hospital Rooms Above Rs 5K from Monday
With the GST Council decision taking effect from Monday, customers will have to pay 5% GST on pre-packaged, labelled food items, in addition to wards...
RBI Dive in Forex Markets Keeps Rupee From Sinking Below 80
The intervention of the Reserve Bank of India (RBI) has saved the rupee from breaching the psychologically critical mark of 80 to a dollar in...
Trade Deficit Widens to Record $26.18 Billion
India’s goods trade deficit widened to a record $26.18 billion in June, higher than the government’s previous estimate of $25.63 billion, after the Commerce Ministry...
RBI Cancels Certificate of Registration of Four NBFCs
On Tuesday, the Reserve Bank of India (RBI) rejected the Certificate of Registration of non-banking financial companies (NBFCs). Four NBFCs have cancelled their Certificate of...
GST Council to Discuss Compensation for States, Tax on Online Gaming Today
On June 29, the GST council will discuss state compensation for online gaming and casinos and the Goods and Services Tax (GST). According to a...
Govt Notifies GST Compensation Cess Extended Till March 2026
The government has extended the Goods and Services Tax (GST) compensation tax until March 2026. On June 25, the Finance Ministry confirmed the extension through...
GST Council to Consider Sales Tax on Cryptocurrency Next Week
According to people familiar with the matter, an Indian ministerial panel will meet next week to discuss a goods and services tax on cryptocurrency transactions....