The RBI expert group on the ownership structure of private banks also recommended for opening of banking sector for large corporate houses. Read More
GST Collection in August 2020: The Centre and States collected Rs 86,449 crore in GST revenue in August this year, a decline of Rs 11,753 crores in comparison with the GST collected during the same month last year. Finance ministry said GST collection in June is 88% of the GST collected during the same month last year. Read More
How to file Nil GSTR-1 Returns through SMS: In a big relief to GST taxpayers, the Central Board of Indirect Taxes and Customs (CBIC) has allowed the filing of NIL GSTR-1 return just by sending a SMS. It would substantially improve ease of GST compliance, according to the tax experts. Read More
FDI in Defence: Modi government Saturday allowed increase in the cap in Foreign Direct Investment (FDI) in defence sector from present 49% to 74%. Read More
Rs 20 lakh crore Atma Nirbhar Bharat Package: Prime Minister Narendra Modi Tuesday announced special economic package of Rs 20 lakh crore, nearly 10 per cent of the country’s GDP, to make the country a manufacturing giant and self-reliant. “The crisis that has emerged due to COVID-19 is unprecedented, but in this battle, we not... Read More
Special Shramik Trains: Indian Railways, which has shut passenger movement since March 25, said that it has operated a total of 542 Shramik Special trains till May 12, transporting nearly 6.5 lakh (6,50,000) passengers. Read More
