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Economy

RBI constitutes committee under Kamath to suggest steps to deal with coronavirus-related stressed assets

RBI constitutes committee under Kamath to suggest…

New Delhi, Aug 8 (KNN) The Reserve Bank of India (RBI) has constituted the Expert Committee under the chairmanship of K V Kamath to suggest financial…

IBBI amends liquidation process regulations

IBBI amends liquidation process regulations

New Delhi, Aug 7 (KNN) The Insolvency and Bankruptcy Board of India (IBBI) has amended regulations for the liquidation process, providing more clarity…

RBI extends provisions of restructuring of MSME loans, keeps repo rate unchanged

RBI extends provisions of restructuring of MSME…

New Delhi, Aug 6 (KNN) The Reserve Bank of India (RBI) on Thursday gave a reason to cheer stressed Micro, Small and Medium Enterprises (MSMEs) by extending…

I-T Dept hopes to complete e-assessments by mid-Sept

I-T Dept hopes to complete e-assessments by…

New Delhi, Aug 5 (KNN) The Income Tax Department has said that it would complete a faceless assessment of all 58,000 plus cases by mid-September . 

Date for filing Income Tax Return for FY 2018-19 extended to September 30

Date for filing Income Tax Return for…

New Delhi, July 30 (KNN) The government has extended the deadline for filing income tax returns for 2018-19 fiscal by two months till September 30.

PM Modi to hold meeting with stakeholders of banks, NBFCs today

PM Modi to hold meeting with stakeholders…

New Delhi, July 29 (KNN) Prime Minister Narendra Modi will hold a crucial virtual meeting of top executives of banks and Non-Banking Financial Companies…

Centre releases Rs 1,65,302 cr GST compensation to States & UTs

Centre releases Rs 1,65,302 cr GST compensation…

New Delhi, July 28 (KNN) Central government has released Goods and Services Tax (GST) compensation of Rs 13,806 crore to states and Union Territories.

I-T Dept to share taxpayer info with 10 central intelligence under NATGRID

I-T Dept to share taxpayer info with…

New Delhi, July 25 (KNN) The Income Tax Department (IT) will share PAN and bank account details of any entity with 10 investigative and intelligence…

FM expects Income-Tax Department to make taxation even more simple & responsive

FM expects Income-Tax Department to make taxation…

New Delhi, July 25 (KNN) As the Central Board of Direct Taxation (CBDT) observes 160th Income Tax Day towards nation-building, the Union Finance Minister…

Fin Min clears 5 proposals sanctioning Rs 3090 cr to NBFCs under special liquidity scheme

Fin Min clears 5 proposals sanctioning Rs…

New Delhi, July 25 (KNN) The Finance Ministry has said that five proposals involving an amount of Rs 3,090 crore had been sanctioned under the Rs 30,000…