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Economy

RBI to transfer Rs 1.76 lakh crore to the Union Government

RBI to transfer Rs 1.76 lakh crore…

New Delhi, Aug 27 (KNN) Recently, in a fresh move, Reserve Bank of India (RBI) has accepted the recommendations of Bimal Jalan Panel to transfer a sum of…

Commerce Min recommends 5% safeguard duty on palm oil imported from Malaysia

Commerce Min recommends 5% safeguard duty on…

New Delhi, Aug 27 (KNN) In a bid to curb cheaper imports of certain refined palm oil from Malaysia, the Commerce and Industry Ministry has recommended raising…

Finance Minister to soon meet GSTN officials to fix MSMEs refund issues

Finance Minister to soon meet GSTN officials…

New Delhi, Aug 26 (KNN) Along with the booster doze of incentives announced by the government for the micro, small and medium enterprises (MSME) sector,…

CBDT issues clarification on eligibility of small Start-ups to avail tax holiday

CBDT issues clarification on eligibility of small…

New Delhi, Aug 23 (KNN) The Central Board of Direct Taxes (CBDT) has clarified that small start-ups with turnover up to Rs 25 crore will continue to get…

RBI asks banks to ensure timely resolution of stressed assets under the new framework

RBI asks banks to ensure timely resolution…

Mumbai, Aug 21 (KNN) The Reserve Bank of India's (RBI's) Deputy Governor, NS Vishwanathan has asked bankers to ensure timely resolution of stressed…

Welcome and not-so-welcome recommendations by the Competition Law Review Committee: CUTS Intl

Welcome and not-so-welcome recommendations by the Competition…

New Delhi, Aug 20 (KNN) | While some recommendations by the Competition Law Review Committee are most welcome, few need further public deliberations before…

Task force committee submits report on new ‘Direct Tax Code’

Task force committee submits report on new…

New Delhi, Aug 20 (KNN) | A committee of experts headed by Central Board of Direct Taxes (CBDT) member Akhilesh Ranjan submitted its report on replacing…

State-run banks complete first round of ideation exercise; suggestions regarding MSME lending too came

State-run banks complete first round of ideation…

New Delhi, Aug 19 (KNN) Public sector banks (PSBs) held a consultative and ideation process with their branch heads across the country over the weekend…

Fin Min in talks with PMO to revive the various sectors & industries

Fin Min in talks with PMO to…

Ahmedabad, Aug 17 (KNN) Referring to number of industries and sectors that are facing numerous challenges along with the heat of economic slowdown, Finance…

India’s exports register marginal growth of 2.25%; industry experts urge govt to take measures to boost exports

India’s exports register marginal growth of 2.25%;…

New Delhi, Aug 16 (KNN) India's exports registered a marginal growth of 2.25 per cent, while trade deficit narrowed to a four-month low of $13.43 billion,…