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Economy

10 per cent TDS applicable only on dividend payment by mutual funds, says CBDT

10 per cent TDS applicable only on…

New Delhi, Feb 5 (KNN) The tax department on Tuesday has issued a clarification that the requirement of deducting TDSA at 10 per cent will only apply for…

Govt to provide GST compensation in installments to states: MoS Finance

Govt to provide GST compensation in installments…

New Delhi, Feb 4 (KNN) Union Minister of State for Finance has said that all due Goods and Services and Tax (GST) compensation will be given to states in…

Post budget reactions from tax experts & SMEs

Post budget reactions from tax experts &…

New Delhi, 3 Feb (KNN) Union Finance Minister Nirmala Sitharaman presented the budget for 2020-21 on February 1. The budget includes…

RBI asked to consider extending restructuring scheme for MSMEs till Mar 31, 2021: FM

RBI asked to consider extending restructuring scheme…

New Delhi, Feb 1 (KNN) To support the micro, small and medium enterprises (MSMEs) in their businesses, the government has asked the Reserve Bank of India…

India is now 5th largest economy in world: Sitharaman

India is now 5th largest economy in…

New Delhi, Feb 1 (KNN) Union Finance Minister Nirmala Sitharaman on Saturday said that India is now 5th largest economy in the world.

''India…

Credit growth to industry, both MSME as well as large industries, witnessed a significant decline in recent months: Economic Survey

Credit growth to industry, both MSME as…

New Delhi, Jan 31 (KNN) The Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman presented the Economic Survey 2019-20 in the Parliament…

Govt reduces cash loan acceptance & repayment limit to Rs 10, 000 in aggregate; limit of expenses in aggregate also reduced

Govt reduces cash loan acceptance & repayment…

New Delhi, Jan 31 (KNN) The Revenue Department has reduced the cash loan acceptance and repayment limit from Rs 20, 000 to Rs 10, 000 in aggregate.

Bank of Baroda signs MoU with Govt of Gujarat for easier credit flow to MSME

Bank of Baroda signs MoU with Govt…

New Delhi, Jan 29 (KNN) Bank of Baroda signed a memorandum of understanding with the Government of Gujarat (GoG) to facilitate flow of credit to the MSME…

DPE to monitor onboarding of CPSEs on TReDS portal; CPSEs to ensure onboarding of MSE vendors as well

DPE to monitor onboarding of CPSEs on…

New Delhi, Jan 29 (KNN) The Department of Public Enterprises (DPE), Ministry of Heavy Industries and Public Enterprises has been mandated to monitor the…

5 trillion dollar economy is doable, says NITI Aayog CEO Amitabh Kant

5 trillion dollar economy is doable, says…

New Delhi, Jan 28 (KNN) NITI Aayog's Chief Executive Officer (CEO) Amitabh Kant has said that despite a tough task, '5 trillion dollar economy'…

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