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Majority of users say they will stop using UPI if transaction fee is levied, notes a LocalCircles survey

Only 22 % UPI users surveyed are willing to bear a transaction fee on payments, 75% of respondents …

PTI   


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3 mins read

SC dismisses review pleas on allowing states to levy tax on minerals

The Supreme Court has dismissed petitions seeking to review the 9-judge bench judgement, which held…

ANI   


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India-US agrees to extend 2% digital tax on e-commerce supplies until June 30

On Oct 8, 2021, both countries joined 134 other members of the OECD/G20 Inclusive Framework (includ…

ANI   


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Govt hikes windfall tax on crude petroleum, cuts levy on diesel

The government has hiked windfall tax on domestically produced crude oil to Rs 4,600 per tonne from…

PTI   


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Here's what Trump's victory means for Indian markets

Early trends in the US presidential election show Trump leading, which could impact Indian markets.…

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3 mins read

Attention! Here's what is changing with your shares, starting November 11,2024

Going ahead, the CC will directly credit the securities to your account, eliminating the broker's r…

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1 min read

GST Council likely to levy 18% tax rate on corporate guarantees for loans

The GST Council is likely to introduce an 18 per cent tax rate on corporate guarantees extended by …

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Govt hikes windfall tax on domestic crude, reduces levy on export of diesel

As per the Gazette of India, the Ministry of Finance, Department of Revenue, issued two notificatio…

ANI   


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RBI slaps fine of Rs 2.91 crore on Axis Bank and HDFC Bank: All details

The Reserve Bank of India has fined Axis Bank and HDFC Bank a total of ₹2.91 crore for regulatory l…

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4 mins read

Budget 2024: Here's what India's elderlies want

If any amount you receive from NPS is reinvested in the annuity plan, it remains tax-exempt. Howeve…

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Abolition of angel tax a landmark reform benefiting India's startup ecosystem; will attract global investors: USISPF

The USISPF said this action creates parity between domestic and foreign players and will be an impo…

PTI   


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Govt hikes windfall profit tax on crude oil, cuts levy on diesel exports

The government on Tuesday increased the windfall profit tax on crude oil produced in the country an…

PTI   


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4 mins read

Despite pandemic and growing health scares, India’s budget share for healthcare continues to decline

As the Finance Minister Nirmala Sitharaman prepares to present the full budget for the current fisc…

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1 min read

India slashes windfall tax on crude petroleum

The central government has reduced windfall tax on crude petroleum, according to a government notif…

ANI   


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Over 4,000 millionaires could still leave India in 2024 — but the drain is getting slower year-on-year

Bucking the global trend, millionaire migration out of India is showing signs of slowing down. Whil…

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2 mins read

Government should rationalise customs duty in Budget to boost domestic manufacturing: Indian Chamber of Commerce

The Indian Chamber of Commerce (ICC) has suggested the government to rationalise customs duties in …

PTI   


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Coal India's contribution to govt exchequer rises 6.4% to ₹60,140 crore in FY24

Total levies paid to the government in March 2024 also went up by 14.8 per cent to Rs 6,069.18 c…

PTI   


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Delhi HC stays guidelines that say no service charge must be levied on food bills

The Delhi High Court on Wednesday stayed the new guidelines of the Central Consumer Protection Auth…

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SEBI makes process of securities payout directly to client account mandatory

To enhance operational efficiency and reduce the risk to clients' securities, markets regulator SEB…

PTI   


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28% GST on crypto transactions? India is reportedly mulling another tax levy next week

A group of ministers is reportedly set to discuss a GST on cryptocurrency transactions in the count…