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Economy

GST rates can be reduced further if tax base increases: Finance Secretary

GST rates can be reduced further if…

New Delhi, July 24 (KNN) Goods and Services Tax (GST) rates can be reduced further if the tax base increases, said Dr Ajay Bhushan Pandey, Finance…

Fintech can help Public Sector Banks to improve lending: Chief Economic Advisor

Fintech can help Public Sector Banks to…

New Delhi, July 23 (KNN) Implementation of Fintech can help Public Sector Banks (PSBs) to leapfrog as it can provide scale and improve the quality…

Steering group formed to share Income Tax and GST data

Steering group formed to share Income Tax…

New Delhi, July 21 (KNN) The Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC) signed a Memorandum of…

Govt may allow MFIs to fund micro entrepreneurs: Nitin Gadkari

Govt may allow MFIs to fund micro…

New Delhi, July 20 (KNN) Union Minister of Medium Small and Micro Enterprises (MSME), Nitin Gadkari on Monday said that the Centre will take steps…

CBDT to introduce improved Form 26AS from this assessment year

CBDT to introduce improved Form 26AS from…

New Delhi, July 18 (KNN) From this Assessment Year, taxpayers will see an improved Form 26 AS which would carry some additional details on taxpayers’…

Banks sanctions to MSMEs inch to Rs 1.23 lakh cr under credit guarantee scheme

Banks sanctions to MSMEs inch to Rs…

New Delhi, July 17 (KNN) Banks have sanctioned loans of about Rs 1.23 lakh crore to  COVID hit Micro, Small and Medium Enterprises (MSME) sector under…

CBDT asks taxpayers to verify ITRs for AYs 2015-16 to 2019-20 by September 30

CBDT asks taxpayers to verify ITRs for…

New Delhi, July 14 (KNN) The Central Board of Direct Taxes (CBDT) has announced a one-time relaxation to taxpayers who have not yet verified their…

Cash withdrawal above 20 lac to attract TDS at 2 % or more

Cash withdrawal above 20 lac to attract…

New Delhi, July 13 (KNN) The Central Board of Direct Taxes (CBDT) has facilitated a new functionality for banks and post offices through which they…

Indian economy returning to normalcy: RBI governor

Indian economy returning to normalcy: RBI governor

Mumbai, July 11 (KNN) Reserve Bank of India (RBI) Governor Shaktikanta Das on Saturday asserted that the Indian economy has started showing signs of…

CBDT, SEBI tie up to exchange data

CBDT, SEBI tie up to exchange data

New Delhi, July 9 (KNN) The Central Board of Direct Taxes (CBDT) and Securities and Exchange Board of India (SEBI) have signed a Memorandum of Understanding…