India and US Reach Settlement on 2% Equalisation Levy

On Wednesday, India and the US agreed to settle on a 2%…

Center Announces Uniform GST Rate for MMF Textiles

The Central Government has notified the uniform Goods and Services Tax (GST)…

Fitment Committee Proposes Higher GST Slabs at 7% and 20%

In the 45th GST Council meeting, the Council decided to set up…

Government Releases Rs.95,082 Crore as Tax Devolution to States

On Monday, the Central Government released two instalments of tax devolution amounting…

New Government Bill Seeks To Ban All Private Cryptocurrencies in India

The government will be introducing the ‘Cryptocurrency and Regulation of Official Digital…

RBI cautions against cooperative societies not authorised for banking business

The Reserve Bank of India (RBI) has alerted citizens against cooperative societies…

Finance Minister Announces Clearance of Two Proposals of IFSCA

The Finance Minister, Nirmala Sitharaman, announced the clearance of the International Financial…

GST Rate Hiked to 12% on Fabrics, Yarn, Footwear, Effective January

The Finance Ministry issued Central Tax (Rate) notifications late last week notifying…

CBIC Clarifies on Refund of Excess Balance in Electronic Cash Ledger

The Central Board of Indirect Taxes and Customs (CBIC) has clarified that…

RBI‌ ‌panel‌ ‌recommends‌ ‌separate‌ ‌law‌ ‌for‌ ‌digital‌ ‌lending‌ ‌ ‌

Technological developments have significantly increased the efficiency and quality of financial lending…