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2 mins read
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…
3 mins read
A Trump presidency would drain Social Security's finances faster, budget group warns
A budget group warns that Trump's agenda is expected to hasten Social Security's insolvency by thre…
Grace Eliza Goodwin
1 min read
Amid rising focus on good governance, India will need around 1 lakh company secretaries by 2030: ICSI
Company secretaries play a key role in the corporate governance framework in ensuring compliance of…
PTI
2 mins read
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,…
2 mins read
Fiscal deficit target of 5.1% ambitious but achievable: Finance Secretary
Finance Secretary T V Somanathan has said the government's resolve to bring down the fiscal deficit…
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…
1 min read
First draft of new and simplified Income Tax law to be prepared by internal tax dept committee: Revenue Secretary
The exercise is not linked to bringing a new direct taxes code, but a comprehensive review of the i…
PTI
2 mins read
Union Finance Minister Sitharaman chairs pre-budget meeting with finance ministers of states, UTs; GST Council to meet later today
Union finance minister Nirmala Sitharaman will be presiding over the meeting. The state ministers, …
ANI
3 mins read
Rajya Sabha to hold general discussion on Union Budget, Jammu and Kashmir Budget today
The discussion over these two budgets is expected to start in the second half of the day.
ANI
4 mins read
Here's a quick overview of PM Modi 3.0 government's first budget, to be presented by FM Nirmala Sitharaman today
Finance Minister Nirmala Sitharaman is set to present the Union Budget 2024 in Parliament today. It…
ANI
2 mins read
Centre releases ₹1,39,750 crore to states towards tax devolution for June
The biggest chunk of the fund went to Uttar Pradesh at Rs 25,069.88 crore, followed by Bihar at Rs …
ANI
1 min read
India's steel demand boom to continue, set to grow at 10% over next few years: Steel Secretary
The domestic steel demand is expected to grow at a rate of 10 per cent over the next few years, sup…
PTI
1 min read
Former Treasury Secretary Larry Summers says Ukraine's needs are 'enormously expensive' for the US to finance - and frozen Russian assets should be used instead
"What those facts say to me is that we're not going to find hundreds of billions of dollars for Ukr…
Filip De Mott
1 min read
Public sector banks asked to reassess gold loan process amid debt risk concerns
The Ministry of Finance has written to public sector banks to reassess their gold loan procedures a…
ANI
4 mins read
Republicans are finally ready for DHS Secretary Alejandro Mayorkas' impeachment trial
House Speaker Mike Johnson said GOP lawmakers will formally deliver its two articles of impeachment…
Brent D. Griffiths
3 mins read
Meeting in the hottest year ever recorded, COP28 has a loaded agenda
With the two-week COP28 Climate Summit negotiations in Dubai starting this week, Power Shift Africa…
3 mins read
Govt to kick off FY24 Budget making exercise on Monday
On the first day on Monday, RE meetings with Ministry of Environment, Forest and Climate Change, Mi…
PTI
1 min read
GST notices worth Rs 1 lakh crore issued to online gaming firms
The Goods and Services Tax (GST) authorities have issued show cause notices demanding as much as Rs…
1 min read
Finance Bill passed in Lok Sabha amid opposition protest
The Lok Sabha on Friday passed the Finance Bill 2023 without any discussion through voice vote, ami…
5 mins read
From Wall Street to Washington: Which finance execs would make the best public servants?
JPMorgan's Jamie Dimon teased a potential shift to the public sector after he leaves the bank. Thes…