No NPS rollback; UPS an attempt to improve it: FM Nirmala Sitharaman
Sitharaman also clarified that there will be no change in tax treatment under the UPS. (Photo: PTI) Union Finance Minister …
finance sector
Over Rs 80,000 crore worth GST notices issued for assessment year 2018-22
The investigation arm of the Goods and Services Tax (GST) authority has issued over 20,000 notices pan-India for assessment year …
New TDS Rate for life insurance Commission/payouts draws mixed reactions
The reduction of Tax Deduction at Source (TDS) for life insurance payouts has sparked mixed reactions within the industry, with …
Budget FY25: MSMEs may get 180 days to repay loans before NPA tag
The Union government is contemplating an extension of the non-performing assets (NPA) classification period for loans to micro, small, and …
Wish to carry forward losses, get TDS refund? File nil Income-Tax Return
When filing a tax return, the advice is simple: File your returns even if your income is below the taxable …
UPI transactions clock new record in May at Rs 20.45 trillion, shows data
In May, Aadhaar Enabled Payment System (AePS) was down 4 per cent to 90 million compared to 95 million in …
RBI proposes tighter rules for under-construction infra project financing
The RBI has sought comments on its proposals by June 15 before finalising the rules. (PTI: Photo/Shashank Parade) The Reserve …
RBI mandates offline payment aggregators to verify KYC for merchants
The Reserve Bank of India’s (RBI) draft regulation for payment aggregators (PAs) will enable the latter to manage risks on …
RBI offices, bank branches for govt biz to stay open on Mar 30& 31
Reserve Bank of India’s offices and branches of banks dealing with government business will keep counters open on March 30 …
Govt nod for 17% wage hike for Life Insurance Corporation employees
LIC undertakes wage revision exercises for its employees once every five years The state-owned insurer, Life Insurance Corporation of India …
