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Economy

NABARD projects MSME credit need in Karnataka to 3.33 lac cr by FY 2022

NABARD projects MSME credit need in Karnataka…

Bengaluru, 13 Jan (KNN) According to a recent projection by the regional office of National Bank for Agriculture and Rural Development (NABARD) based in…

Budget to incentivise transition of informal into formal sector

Budget to incentivise transition of informal into…

New Delhi, 6 Jan (KNN) The Union budget for FY23 is likely to announce steps to reduce tax litigation, boost compliance by greater oversight of transactions,…

MCA planning a comprehensive IBC framework to address cross boarded insolvency issues

MCA planning a comprehensive IBC framework to…

New Delhi, 6 Jan (KNN) As per an official source, the Government is expected to plan a comprehensive framework on cross-border insolvency and make various…

Growth concerns influences RBI to stall reverse repo rate hike

Growth concerns influences RBI to stall reverse…

New Delhi, 5 Jan (KNN) According to several economists, the Reserve Bank of India (RBI) is likely to delay hike in reverse repo rate owing to the spread…

Gross GST revenue for Dec 2021 increased 13% than last year

Gross GST revenue for Dec 2021 increased…

New Delhi, 1 Jan (KNN) The gross GST revenue collected in the month of December 2021 is INR 1,29,780 crore of which CGST is INR 22,578 crore, SGST…

States demand extension of GST compensation for 5 years during pre-budget meeting

States demand extension of GST compensation for…

New Delhi, 31 Dec (KNN) Many states have demanded that the GST compensation cess regime be extended for another five years and the share of the Union…

MCA extends date for annual filing of returns without additional fee

MCA extends date for annual filing of…

New Delhi, 30 Dec (KNN) As per the general circular by Ministry of Corporate Affairs, no additional fees shall be levied upto 15th February, 2022 for the…

Nirmala Sitharaman to meet State Finance Ministers for Pre-budget discussions

Nirmala Sitharaman to meet State Finance Ministers…

New Delhi, 29 Dec (KNN) As a part of pre-budget consultation with the stakeholders, Union Finance Minister Nirmala Sitharaman will meet the state finance…

Curbs on units in SEZ likely to be eased in forthcoming Budget

Curbs on units in SEZ likely to…

New Delhi, 27 Dec (KNN) As reported in FE, the government is working on a decision for special economic zones (SEZs) to include freedom to sell goods in…

Banks & NBFCs need to adopt co-lending to reach unserved

Banks & NBFCs need to adopt co-lending…

New Delhi, 24 Dec (KNN) Banks and non-banking finance companies (NBFCs) need to evolve co-lending specific loan products for the share of such assets to…