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Every disagreement need not begin as litigation, says Sitharaman

New Delhi, Sept. 22 -- Amid the Reserve Bank of India (RBI) filing caveat in the court in case of possible litigation on the issue of listing directive to Tata Sons, Finance Ministry Nirmala Sitharama... Read More


India plans to release back-series GDP data for years before FY23 by year-end, says MoSPI Secretary Garg

New Delhi, Sept. 20 -- The government is planning to release back-series for years prior to 2022-23 by the end of this year, said Saurabh Garg, Secretary in the Ministry of Statistics and Programme Im... Read More


UP affirms its top position in tax collection, followed by Karnataka, Tamil Nadu

New Delhi, Sept. 20 -- Uttar Pradesh continues to lead among states and Union Territories in collection from taxes during the April-August period of the current fiscal, followed by Karnataka and Tamil... Read More


Advance tax collection rises over 16%

New Delhi, Sept. 18 -- With strong growth from corporate side, advance tax collection after the first two instalments jumped over 16 per cent, data made public by the Income Tax Department on Friday s... Read More


Moody's rises India's GDP forecast to 7%

New Delhi, Sept. 18 -- Moody's rating on Friday upped India's growth forecast to 7 per cent for the current fiscal from 6 per cent. However, it said that risks on account of West Asia crisis and El Ni... Read More


GST on MDR may reach GST Council

New Delhi, Sept. 17 -- The government on Thursday said issues with GST on merchant discount rates (MDR) can be taken up by the GST Council. Meanwhile, the Central Board of Indirect Taxes & Custom ... Read More


Govt allays fear of increase in cash transactions, reduction in UPI payments post MDR levy

New Delhi, Sept. 17 -- The government on Thursday expressed confidence that UPI volume will not come down after introduction of MDR from October 15. Officials also said that they do not expect heavy c... Read More


96% of UPI merchant transactions below Rs.2,000 remain free; panel to decide higher-value MDR

New Delhi, Sept. 15 -- The government on Tuesday downplayed criticism of UPI's Merchant Discount Rate (MDR), saying 96 per cent of UPI merchant transactions are below Rs.2,000 and therefore free. Mean... Read More


NSE anchor book exceeds expectations, says Ashishkumar Chauhan

New Delhi, Sept. 15 -- Anchor demand for the National Stock Exchange's (NSE) Initial Public Offering (IPO) is much stronger than expected, Managing Director and CEO Ashishkumar Chauhan said on Tuesday... Read More


Supply of 40 Airbus aircraft to Defence Ministry taxable; AAR says Gujarat GST registration required

New Delhi, Sept. 13 -- Airbus will need to take GST registration in Gujarat for supply of aircrafts to Defence Ministry, Gujarat AAR has said. The Tata group company is assembling aircraft on behalf o... Read More