Knowledge Source

Direct Tax Collections Continue to Register Steady Growth

  The Central Board of Direct Taxes (CBDT) has informed that Gross Direct Tax collections

14
Sep
RBI to Set Up a Digital Fraud Registry

  The Reserve Bank of India (RBI) is considering setting up a fraud registry with

31
Aug
Credit Card Spending All-Time High at Rs 1.16 Trillion in July

  The Reserve Bank of India (RBI) has put out data, according to which Credit

31
Aug
Government to Close National Textile Corporation Soon

  The Government is planning for closure of National Textile Corporation (NTC), which has 23 mills with

31
Aug
Show Cause Notices to the Manufactures/Importers Over Non-compliance of Provisions

  The government has issued 63 show cause notices to manufacturers/ importers/ sellers on e-commerce

31
Aug
Government Enhancing ‘Ease of Living’ of Pensioners

  Government is working to develop an integrated portal to enhance “ease of living” of

31
Aug
Government Intends Duty-Free Access for Goods Under Trade Pacts

  Commerce and Industry Minister Piyush Goyal has said that India is trying to get

31
Aug
Online Gamers Under Taxman’s Radar

  The Central Board of Direct Taxes (CBDT) has urged the winners of online games

26
Aug
CBDT Going Into New Areas to Check Tax Evasion

  The Central Board of Direct Taxes (CBDT) Chairman Nitin Gupta has informed that Income

26
Aug
Ban on American Express Lifted

  The Reserve Bank of India (RBI) has lifted the ban on American Express on

26
Aug
Non-Resident Corporates Exempted from TCS on Remittances, Tour Packages

  The Central Board of Direct taxes (CBDT) has issued notification regarding the changes to

26
Aug
CBDT Directs to Complete 30% Faceless Assessment by End-June

  The Central Board of Direct Taxes (CBDT) has directed the faceless assessment units to make

26
Aug
CCI Proposes Stricter Norms in Competition Market

  Chairman of Competition Commission of India (CCI), Ashok Kumar Gupta, has informed that companies

26
Aug
LIC Housing Finance Hikes Interest Rates

  Life Insurance Corporation (LIC) Housing Finance has increased its prime lending rates by 50 basis

25
Aug
Government Likely to Remove IGST on Ocean Freights

  The government is considering to scrap integrated goods and service tax (IGST) on ocean

25
Aug
No GST on UPI Services: FM
August 24, 2022

  Finance Minister through a recent series of tweet has informed that the Government is