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Economy

2096 posts

Stay updated on direct tax and indirect tax, income tax returns, GDP, government policies and schemes, and breaking news on due dates and extensions.

Auto sector appeals for a lower GST and a higher depreciation rate

On 7 August, representatives of the auto industry met the Financial Minister…
SEBI

FPI conversion expected to get one-time tax waiver

The Union Budget 2019-20 saw Nirmala Sitharaman, the Finance Minister of India,…

CBDT hikes income tax appeal limit to Rs 50 lakh to reduce litigation

CBDT has increased the monetary limit from Rs 20 lakh to Rs…

How is the repo rate linked to home loans and auto loans?

The Reserve Bank of India (RBI) has reportedly slashed the key repo…

The Journey of GST in India

The Goods and Services Tax (GST) was implemented in India on 1…

RBI: 11 Banks Get a Penalty of Rs.8.5 Crore for Failing to Report Fraud

The Reserve Bank of India (RBI) announced that a total penalty summing…

CAG: GST fails to perform to its full potential

It’s been two years since GST was implemented in India. However, even…

Businesses can raise prices of goods and services

Recently, a government official stated that businesses could freely raise the prices…

Rajiv Kumar appointed as the new Finance Secretary

Rajiv Kumar, the former Secretary of the Department of Financial Services, was…

RBI mulls over domestic consumption and repo rate

The Reserve Bank mulls to lower the benchmark repurchase (repo) rate by…