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....
Category : ECONOMY
Govt Partners with SBI to Create Integrated Pension Portal
According to an official statement on Tuesday, the Centre’s Department of Pensions and Pensioners Welfare (DoPPW) will partner with the State Bank of India (SBI)...
India, EU Resume FTA Talks After 9 Years
On Saturday, the Ministry of Commerce and Industry said India and the European Union (EU) had restarted free trade agreement (FTA) talks after nine years....
India’s Foreign Exchange Reserves Decline $4.6 Billion to $596 Billion
The Reserve Bank of India (RBI) released the latest data showing that India’s foreign exchange reserves fell by $4.6 billion to $596 billion on June...
Direct Tax Collection Hits Rs 3.39 Trillion, Up 45%: CBDT
From April 1 to June 16, Net direct tax collection surged 45% to Rs 3.39 trillion in the fiscal year compared with Rs 2.33 trillion...
New Debit, Credit Card Rules for OTP Requirements Take Effect
The Reserve Bank of India has allowed an immediate increase in the limit of e-mandate/standing instructions on credit/debit cards and Prepaid Payment Instruments (PPIs) from...
India’s GST Council to Meet on June 28-29 in Srinagar
India’s GST Council will meet in Srinagar on June 28-29, Finance Minister Nirmala Sitharaman‘s office said on June 16, without any further details. The meeting...
India’s Wheat Exports Hit 7 Million Tonnes Despite Ban
The United Nations Food Agency said the exception to India’s wheat export ban is expected to support the 2022/23 export forecast of 7 million tonnes,...
RBI Allows Linking Credit Cards with UPI Platforms, Starting with RuPay
On Wednesday, the Reserve Bank of India allowed credit cards to be linked to the Unified Payments Interface (UPI), which will enable more people to...
RBI Proposes to Increase Subsidy Amount, Simplify Claims Process Under PIDF Scheme
On June 8, The Reserve Bank of India (RBI) proposed to increase the subsidy amount and simplify the claims process under the Payments Infrastructure Development...