GSTR-9

New CBIC notification excludes government departments from e-invoicing compliance

The Central Board of Indirect Taxes and Customs (CBIC) has issued a…

Banks Have Sanctioned Loans Over Rs.15 Lakh Crore Under PMMY

On Wednesday, the Finance Ministry said financial institutions and banks had sanctioned…

RBI to Review and Strengthen the ‘Risk Based Supervision’ Model of Banking Sector

To enable financial sector players to address the emerging challenges, the Reserve…

NBFCs Asks RBI for Restructuring Loans and Fresh Liquidity Support

The Finance Industry Development Council (FIDC), a representative body of the Non-Banking…

RBI Guidelines to Appoint Statutory Auditors for Banks and NBFCs

The Reserve Bank of India (RBI) has issued guidelines for the appointment…

Emergency Credit Line Guarantee Scheme Extended by Three Months

The government extended the Emergency Credit Line Guarantee Scheme (ECLGS) validity, including…

Why Are Perpetual Bonds Trending Lately?

You have banks marketing perpetual bonds as a suitable investment for retirees…

Who can potentially fill the colossal credit gap for MSMEs: Banks, NBFC or Fintech?

Mr Kamal, a freshly qualified mechanical engineer, is a budding entrepreneur who…

Capital gains, interest and dividend to be reported to IT department

The income tax department issued a circular on 12th March 2021 by…

Microfinance Loan Disbursements Anticipated to Hit Pre-COVID Levels

The microfinance industry (MFIN) is gradually heading towards the pre-COVID levels concerning…