CBIC encourages firms to file GST returns on time
As part of an online effort to encourage compliance, the Central Board of Indirect Taxes and Customs (CBIC) has urged businesses to file various tax return forms due in the coming days on time.
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RBI gets involved to save the rupee at all costs: Reports
According to Bloomberg, India's central bank is intervening in all foreign exchange markets and will continue to do so in order to safeguard the rupee, which hit a new low on Monday.
FPI pull over ₹6,400 crore from Indian equity markets
According to news agency PTI, foreign investors withdrew around 6,400 crore from the Indian equity market in the first four trading sessions of the current month after the Reserve Bank of India (RBI) and the US Federal Reserve boosted interest rates.
Opposition party leader Premadasa declines Sri Lanka PM post in interim govt
As Sri Lankan Prime Minister Mahinda Rajapaksa is expected to retire amid continued protests, the opposition party Samagi Jana Balawegaya (SJB) has declared that its leader Sajith Premadasa will not accept the job of Prime Minister in an interim government.
John Lee elected as Chief Executive of Hong Kong
The single candidate for Hong Kong's top job, Beijing loyalist John Lee, was chosen for a sixth term as the city-chief state's executive.
BJP leader Tajinder Bagga arrested again, Mohali court issues warrant
A day after being arrested by the Punjab Police and released within hours, BJP leader Tajinder Pal Singh Bagga is facing another arrest after a court in Mohali issued a warrant for his arrest in connection with a case filed last month.
President Kovind will inaugurate the expanded campus of IIM Nagpur
The expanded campus of the Indian Institute of Management - IIM will be inaugurated tomorrow morning in Nagpur by India's President, Ram Nath Kovind.
ED rejects Xiomi’s allegations of coercion and threat during investigation
The Enforcement Directorate (ED) rejected allegations of physical violence and coercion levelled against it by Chinese smartphone maker Xiaomi Corp. on Saturday.
CBI investigate Punjab AAP MLA for Rs 40 crore “bank fraud” case
The CBI is conducting searches at three Sangrur locations linked to Punjab AAP MLA Jaswant Singh Gajjan Majra in a bank fraud case involving over Rs 40 crore, officials said Saturday.
Bank Officers Union has spoken out against the RBI’s decision to open branches on Sunday
The All India Bank Officers' Confederation (AIBOC), the banking industry's apex body, has objected to the RBI's decision to open ASBA-designated branches on Sunday, May 8, to facilitate LIC IPO subscription.
CM Shivraj Singh Chouhan announces ex-gratia of Rs 4 lakh for minors who drowned
According to reports, the incident occurred in the district's Barah Bariyari village. Srishti (7), Prachi (9), Priya (11) and Shekhar (12) were the children who died (10).
Tax reassessment: Supreme Court overturns HC order and reinstates show-cause notices
The Supreme Court ruled on Wednesday that reassessment notices issued on or after April 1, 2021, under the unamended Section 148 of the Income Tax Act will not be deemed invalid simply because they were issued under the old law.
BSE Sensex rises 651 points, markets finally recover after crash
The 30-share BSE benchmark was up 650.9 points to 56,319.93. The NSE Nifty increased by 185.65 points to 16,863.25.
Amazon wants to export $20 billion from India by 2025
Amazon, the world's largest e-commerce company, announced on Wednesday that it now plans to export $20 billion from India by 2025, more than doubling its previous target.
RBI plans to give preferential access to funding to PSBs with higher asset quality
According to the RBI, a lack of market discipline, implicit government guarantees, and recurrent and unconditional recapitalization of public sector banks could create a moral hazard problem.
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