Also, financial institutions or reporting agencies will be required to collect information about the financial transactions of non-profit organisations or NGOs under the provisions of the Prevention of Money Laundering Act...
Last week, Joshi met heads of public sector banks and urged them to achieve targets under various schemes for current financial year
The symposium titled Financial Services Cyber Security (FINSCY) was organised by the Department of Financial Services (DFS) and Secretary Vivek Joshi inaugurated it, an official statement said
Besides ministers and secretaries of central government ministries, stakeholders from the financial sector like regulators, market participants and industry representatives would attend these webinars
The review meeting was also attended by senior officials of NITI Aayog, Panchayati Raj, and the Department of Financial Services (DFS) in the Union Ministry of Finance
The final batch of Supplementary Demands for Grants for 2022-23 is proposed to be placed before Parliament in the ensuing session, the ministry said in an office memorandum
The government has not raised income tax exemption limit from Rs 2.5 lakh which was fixed in 2014 by the then Finance Minister Arun Jaitley in his first Budget
The CBI, in its FIR, alleged that Mayaram, the UK-based company De La Rue International Ltd and unidentified officials of the finance ministry and RBI hatched a criminal conspiracy to extend undue favour to the firm
India has taken over the presidency of the G-20, which is a grouping of 20 developing and developed nations, for the current year from December 1, 2022
The two leaders also discussed issues relating to the G-20, of which India has assumed the Presidency for the current year
In the previous quarter ended December 31, the GPF interest was similar at 7.1 per cent
The revenues for the month of December 2022 are 15 per cent higher than the GST revenues in the same month last year
The growth rate of eight infrastructure sectors -- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity -- stood at 8...
The taxpayers, however, can reclaim the ITC later following the deposit of taxes by the supplier
In percentage terms, it reflects a quarter-on-quarter increase of 1 per cent in second quarter of 2022-23
The budget 2022-23 was presented against the backdrop of recovery from the unprecedented Covid-19 crisis and clues of global uncertainties on account of the...
The Group of Ministers (GoM) set up by the Council to decide on GST rates on online gaming, casinos and horse racing had completed its deliberations last month
This represents 61.79 per cent of the full-year Budget Estimates (BE) of direct tax collection for 2022-23 (April-March)
The combined investment by Centre, states and public sector enterprises has gone up 3.5 times over the last 10 years from Rs 6.8 lakh crore to Rs 21.2 lakh...
SBI Research headed by Soumya Kanti Ghosh said corporate results, operating profit of companies, excluding banking and financial sector, degrew by 14 per cent...
India is following an "investment and export-driven growth model" and against the backdrop of "turbulent" global times, the RBI and the government have...
India's wholesale and retail price inflation fell in October after remaining high for most part of the year mainly due to supply chain disruptions following...
The Central Board of Direct Taxes (CBDT), the apex decision-making body in matters of income and corporate tax, in a notification said since it had last month...
Foreign brokerages, however, remain bullish on LIC setting a higher target price over the next year as they feel that the insurer has good medium-term market...
India's economy grew 13.5 per cent year-on-year in the first quarter of 2022-23, reflecting strong growth in services, ADB said in a supplement to its flagship...
