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2 mins read

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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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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1 min read

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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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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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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2 mins read

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

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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2 mins read

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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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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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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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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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…

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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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3 mins read

RBI bats for borrowers, releases guidelines to prevent lenders from levying penal interest on loan defaults

The Reserve Bank of India (RBI) has released guidelines instructing lending institutions to clearly…