As currencies of other economies are also depreciating, the RBI selling dollars won’t help much, the official said.
The government has given permission to the CBI to prosecute Ananthasubramanian & Sanjiv Sharan, former executive director of PNB.
Taxman expects Walmart to file withholding tax certificate in $16-billion Flipkart acquisition.
Bhushan Steel’s former promoter Neeraj Singal arrested for siphoning Rs 2,000 crore loans.
Economic Affairs Secretary Subhash Chandra Garg said RBI had transferred Rs 10,000 crore as interim dividend to government.
The government will consider changes to safeguard duty imposed on imported solar cells after next hearing in Odisha High Court.
Taxpayers may have to pay extra tax or reverse the credit they have availed for payment of cess in the pre-GST regime.
Here’s how India plans to tackle the Mallyas of the future.
Parliamentary panel versus RBI on LoUs, LoCs.
The government plan to put a bankruptcy and resolution framework for financial firms in place just crashed and burned.
GST Council forms sub-committee headed by MoS Finance Shiv Pratap Shukla to look into the MSME sector’s issues.
Small taxpayers can expect relief from GST Council, says official
Group of state finance ministers suggests 20 percent GST cashback for payments via BHIM app, Rupay cards.
India makes public the list of 28 fugutive economic offenders.
LIC may have to bring down its stake in other banks to 10 percent over a period of time.
GST panel may suggest allowing companies to claim credit on freebies.
FMCG firms advertise products through posters and dedicated branded stands and claim input tax credit as advertising expense.
Government to recommend insolvency proceedings to kick in after 360 days of default to Allahabad High Court
Banks have signed the inter-creditor agreements needed under the Sashakt plan
National Anti-Profiteering Authority to audit companies to check for extra GST collections, after the rate reduction
Rates reduced, returns simplified, reverse charge deferred – the impact of the key decisions of the GST Council.