A daily round-up of the most interesting articles to help jump-start the day.
The success of the Pradhan Mantri Jan Dhan Yojana (PMJDY) since August 28, 2014 is reflected in terms of opening of over 46 crore bank accounts with deposit balance of Rs 1.74 lakh crore, she added.
Finance Minister Nirmala Sitharaman on Tuesday said there is no GST on chequebooks for bank customers, as she tried to clear "misinformation" over issues related to the imposition of the levy on various products and services. Also, there is no GST on crematorium, funeral, burial, or mortuary services, the minister said.
Prime Minister Narendra Modi laid the foundation stone of the headquarters of the International Financial Services Centres Authority (IFSCA) in GIFT City, Gandhinagar on July 29 and also launched the India International Bullion Exchange (IIBX), India’s first International Bullion Exchange in GIFT-IFSC.
“When this will get resolved, all our hard earnings has been blocked...,” a BitBns user complained on Twitter.
The details of the final list of PSUs in each of the strategic sectors that will not be disinvested or privatised but retained by the Government
In a notification, the ministry said that ATF supplied as fuel to domestic carriers on international routes would continue to be exempted from basic excise duty from July 1.
She also suggested to the shipping ministry to look at all the sea ports in the country and their linkages with industrial corridors.
India celebrates July 1 as the GST Day to mark the implementation of the Goods and Services Tax (GST) that replaced the old indirect tax regime in the country.
While Prime Minister Modi can take the lion’s share of the credit for turning the BJP and NDA’s fortunes around since 2014, there are many who have played a crucial role in scripting the larger success story of the government. We look at a few of the key figures in the Modi government.
Under the GST law, states were guaranteed to be compensated bi-monthly for any loss of revenue in the first five years of GST implementation from July 1, 2017.
A daily round-up of the most interesting articles on cryptocurrencies like Bitcoin, Ethereum and Tether to help jump-start the day.
"The government and RBI are looking into its several commercial use purposes and not just financial inclusion, which is largely achieved through the JAM trinity (Jan Dhan-Aadhaar-Mobile)," she said.
The focus should instead be on strengthening digital infrastructure in the villages, since district towns are already well served, especially by NBFCs
An International Monetary Fund (IMF) working paper has said extreme poverty in India edged up by only a marginal 10 basis points in 2020 to 0.86% due to the government's free foodgrain programme
Domestic natural gas prices have more than doubled from September owing to a staggering rise in global prices.
Foreign Minister S Jaishankar is likely to make a statement on Operation Ganga was launched to evacuate Indians stuck in war-torn Ukraine
The Rajya Sabha and Lok Sabha are set to resume their normal sittings for the second part of the Budget session on March 14.
The FM stated that the compensation cess would continue till March 2026 and all decisions regarding the same would be discussed in the GST Council.
While the consequences of CBDCs on cryptocurrencies like Bitcoin and Ethereum are attracting widespread attention, it is the possible repercussions of CBDCs on the commercial banking system that could be far more disruptive
Budget Session in Parliament Highlights: The Session began on January 31 with President Ram Nath Kovind’s address to Lok Sabha and Rajya Sabha. Today was the last day of the first part of the scheduled Budget Session of Parliament
The government of India is set to file draft papers for LIC IPO with the Securities and Exchange Board (Sebi) this week. The initial public offering (IPO) of LIC is supposed to be India’s largest public issue ever.
Budget 2022 may not have had any ‘tadka’ note, but was very focused on responsible capital expenditure. It also stayed the course by continuing to embrace progressive new-age businesses
Apart from proposals to enhance fresh credit flow, the operationalisation of the NARCL, and proposal to make amendments in IBC augur well for the recoveries from legacy stressed assets
Budget 2022 has attempted to balance the ambitious development agenda with sustainability targets