All New Pension Formula Soon Amid Pushback Against Reform: Report

New Delhi- The Indian government will likely assure its employees a minimum pension of 40%-45% of their last drawn salary by altering the current...

Net Direct Tax Collection Rises 11% To Rs 3.80 Lakh Cr Till June 17

New Delhi- Net direct tax collection till June 17 this fiscal rose by 11.18 per cent to Rs 3.80 lakh crore on higher advance...

Govt Cuts Import Duty On Refined Soybean & Sunflower Oils To 12.5%

New Delhi- The government has reduced the import duty on refined soybean and sunflower oils to 12.5 per cent from 17.5 per cent with...

JKB FSL Achieves 1 Billion Milestone In Mutual Funds (AUM)

Srinagar- JKB Financial Services Limited (JKBFSL), the Wholly Owned Subsidiary of J&K Bank, has achieved a milestone of One Billion i.e. Rs Hundred Crore...

GST Mop-Up Crosses Rs 1.5 Lakh Crore For Third Month In A Row; Up...

New Delhi- GST collections crossed Rs 1.50 lakh crore for the third month in a row, recording a 12 per cent increase in May...

FDI Equity Inflows Dip 22% To $46 Bn In 2022-23

New Delhi- Foreign direct investment (FDI) into India declined by 22 per cent to $46 billion in 2022-23, dragged by lower inflows in computer...

Govt Attempting To Link Tax Collected At Source With Tax Deducted At Source: CEA

New Delhi- The government is attempting to link tax collected at source for payments made by individuals with tax deducted from their income sources,...

I-T Exemption Limit For Leave Encashment Upon Retirement For Salaried Employees Hiked To Rs...

New Delhi- In line with the Budget announcement, the finance ministry on Thursday hiked the tax exemption limit for leave encashment upon retirement for...

Sebi Proposes To Cut Down IPO Listing Timeline To 3 Days From 6 Days

New Delhi- Capital markets regulator Sebi on Saturday proposed to reduce the time taken for the listing of shares on stock exchanges after the...

EPFO Adds 13.4 Lakh Members In March, 1.39 Cr in 2022-23

New Delhi- Retirement fund body EPFO added 13.40 lakh members on a net basis in March, taking the total addition to 1.39 crore in...