Cryptos Are Nothing But Gambling, Their Value Only Make-Believe: RBI Governor

Mumbai- Reserve Bank governor Shaktikanta Das on Friday reiterated his call for an outright ban on cryptocurrencies, saying these are “nothing but gambling” and...

Direct Tax Collection Grows 24.58% To Rs 14.71 Lakh Crore Till Jan 10

New Delhi- The country’s gross direct tax collection rose 24.58 per cent to Rs 14.71 lakh crore till January 10 this fiscal, buoyed by an...

Sebi Amends Rules For Alternative Investment Funds

New Delhi- Capital markets regulator Sebi has amended the rules governing Alternative Investment Funds (AIFs), Registrars to an Issue and Share Transfer Agents. Under the...

Allow Deductions, Hike Threshold For Levying Peak 30% Tax: Experts

NEW DELHI- Investments in PPF and other tax savings schemes should be allowed as deductions, and the threshold for 30 per cent tax should...

FPIs Begin New Year In Sell-Off Mode; Withdraw Rs 5,900 Crore From Equities In...

NEW DELHI- Foreign investors offloaded nearly Rs 5,900 crore from the Indian equity markets in the first week of January on growing concerns over...

Optional Tax Regime Aims To Provide Relief To Low-Income Bracket People: FM

New Delhi- Finance Minister Nirmala Sitharaman on Friday said the optional income tax regime with seven tax slabs was brought in by the government...

Govt Hikes Windfall Tax On Crude Oil, Export Of Diesel, ATF

NEW DELHI- The government has raised the windfall profit tax levied on domestically produced crude oil as well as on the export of diesel...

Govt Retains 7.1% Interest Rate On GPF For Q4

New Delhi- The government on Tuesday kept the interest rate unchanged at 7.1 per cent for the subscribers of the General Provident Fund and...

GST Collection In J&K Up By 28% In December

SRINAGAR- The Union Territory of Jammu and Kashmir has registered a substantial growth in collection of Goods and Services Tax (GST) in the month of...

GST Revenues Grow 15% To Nearly Rs 1.50 Lakh Cr In Dec

New Delhi- The collections from Goods and Services Tax (GST) grew by 15 per cent to over Rs 1.49 lakh crore in December 2022,...