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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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Finance Ministry should identify high risk taxpayers in GST composition scheme: CAG

The Comptroller and Auditor General (CAG) has asked the Finance Ministry to identify high risk taxp…

PTI   


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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…

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Centre releases Rs 1.78 lakh crore to states for festive season, with largest shares to Uttar Pradesh, Bihar, and Madhya Pradesh

Among the other states, Andhra Pradesh received Rs 7,211 crore, Tamil Nadu received Rs 7,268 crore,…

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New Vivad Se Vishwas 2.0 tax resolution scheme to start on Oct 1 — what you need to know

The government has set October 1, 2024, as the launch date for Vivad Se Vishwas 2.0 to address dire…

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The financial ties between China and Saudi Arabia keep getting deeper

China has has chosen Saudi Arabia as the site for its first US dollar bond sales in three years.

Filip De Mott   


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Paytm shares jump 5% on receiving government's nod for investment in Paytm Payments Services

The company will reapply for a payment aggregator (PA) licence, a regulatory filing said on Wednesd…

PTI   


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51 lakh, or 7.5% more Indians filed income tax returns this year; 72% of taxpayers opted new regime, notes FinMin data

The total number of ITRs for AY2024-25 filed till July 31, 2024, is more than 7.28 crore.

ANI   


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India economic momentum remains intact, set to achieve 6.5-7% growth, says Finmin Report

Tax collections, especially indirect taxes, which reflect transactions, are growing healthily, and …

PTI   


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RBI MPC announcement today: Rates unlikely to change, RBI may change stance to neutral

The Reserve Bank of India (RBI) is set to conclude the three-day Monetary Policy Committee (MPC) me…

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GST collections hit ₹1.78 lakh crore in March, second highest since roll-out

GST collections in March grew 11.5 per cent to Rs 1.78 lakh crore, buoyed by domestic transactions,…

PTI   


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Nirmala Sitharaman arrives at Finance Ministry ahead of Budget 2024

Ahead of the presentation of the interim budget 2024-2025, Union Finance Minister Nirmala Sitharama…

ANI   


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Attention! Here's what's changing with your PPF, F&O trading, and buybacks, starting today!

The interest rates on various small savings schemes were left unchanged by the Finance Ministry for…

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Did you know about the only Indian state exempt from paying any income tax? Know all about it here

​​Sikkim has its income tax manual, which stipulates that no resident of Sikkim was to pay taxes to…

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Indian economy likely to grow 7% next financial year: Ministry of Finance

The Indian economy is projected to grow close to 7 per cent in the financial year 2024-25 that star…

ANI   


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GST collections in February rise 12.5% to cross ₹1.68 lakh crore

Gross Goods and Services Tax (GST) revenue collections for February rose by a robust 12.5 per cent …

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Comprehensive review of the IT Act imminent in 6 months, notes revenue secretary

​​Malhotra explained the government's rationale behind this proviso, noting that buyback does not f…

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Chairman of PM's Economic Advisory Council Bibek Debroy passes away at 69

Renowned economist Bibek Debroy, Chairman of the Economic Advisory Council to the Prime Minister of…

ANI   


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All you need to know about the Halwa ceremony before Union Budget 2024

FM Nirmala Sitharaman participated in the Halwa ceremony, 6 days before the budget presentation on …

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Indian economy remains in bright spot: Ministry of Finance

In contrast to a cautious assessment of the global scenario, the Indian economy continues to exhibi…

ANI