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1 min read
Indian consumers shifting towards low-sugar beverages, high GST rates stalling growth in carbonated soft drinks market
India's carbonated soft drinks segment faces challenges due to a 40% tax rate under GST, hindering …
1 min read
IDBI Bank gets ₹2.97 crore GST demand order
The order includes a tax demand of Rs 1.42 crore as well as interest and penalty of Rs 1.41 cro…
PTI
2 mins read
GST Council mulling 18% GST on low value transactions made via RazorPay, PayPal and more. Here's how it will impact you
At present, they are exempt on paying GST on transaction of value less than Rs 2,000. But, if the p…
2 mins read
54 Crore GST Refund Scam exposed by Delhi's Anti-Corruption Branch
The Anti-Corruption Branch (ACB) of Delhi has uncovered a scam involving fraudulent GST refunds wit…
ANI
2 mins read
Man gets job offer on WhatsApp, finds himself linked to Rs 250 crore GST E-way bill fraud
A man from Muzaffarnagar fell victim to a job scam via WhatsApp, leading to his personal details be…
2 mins read
Sitharaman urges tax officials to prevent doubts from escalating into grievances
Union Finance Minister Nirmala Sitharaman on Friday urged officers of the Central Board of Indirect…
ANI
2 mins read
Here are the benefits you get with India’s most expensive credit card with a ₹3.54 lakh annual fee
Credit cards have become a major part of India’s financial landscape in recent years. What was once…
1 min read
GSTN to share data with RBI's frictionless credit platform
The government has permitted GST Network to share data about GST-registered businesses, based on th…
PTI
1 min read
Fundamental drivers of economy gaining momentum, India on sustainable growth path: RBI Governor Das
In the inaugural address at FIBAC 2024, the governor said that massive changes are taking shape in …
PTI
2 mins read
Gold medalist in central bank Olympics-All you need to know about RBI governor Shaktikanta Das
EU's Christine Lagarde, Cambodia's Chea Serey and Sweden's Erik Thedéen were amongst those receivin…
3 mins read
Time to push divestment of state-owned banks, says SBI report
With regard to the privatisation of IDBI Bank, it said the government and Life Insurance Corporatio…
PTI
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 …
3 mins read
Stock markets rebound as GST revenues hit record in April
Stock markets rebounded on Thursday with benchmark Sensex closing higher by 128 points as record …
PTI
2 mins read
Markets trade firm in early trade as GST revenues hit record in April
From the Sensex basket, Power Grid, Mahindra & Mahindra, Asian Paints, Tata Steel, Sun Phar…
PTI
2 mins read
Indian economy likely to grow over 7% in 2024-25: Economic think tank NCAER
"Projected acceleration in both global growth and trade volumes, as well as a forecast of an abo…
PTI
2 mins read
Market closing: Sun Pharma, Hero Moto lose as fertiliser stocks shine
Nifty and Sensex closed on a positive note. Sun Pharma and HDFC Life were amongst the day's losers.…
6 mins read
India could emerge as an economic superpower amid dull global economic landscape
IMF, World Bank and prominent rating agencies have predicted further slow-down in global growth thi…
ANI
2 mins read
RBI may hike benchmark lending rates by 25 bps in April: DBS
The Reserve Bank is likely to hike benchmark lending rates by 25 basis points in its bi-monthly pol…
PTI
2 mins read
Magic Monday spills over to Tuesday- Here’s what you should buy
India’s benchmark indices extended their Super Monday gains – as they rose by 0.4% in early morning…
2 mins read
GST mop-up rises 13% to ₹1.6 lakh crore in March, second highest collection ever
GST collection grew 13 per cent in March to Rs 1.60 lakh crore - the second highest mop-up since th…