GST council has sanctioned a rate increase to 18% from 12% for transactions involving the sale of old and used cars. GST Council Meeting latest update: The ongoing 55th GST council meeting in Jaisalmer is addressing crucial taxation matters, including revisions for AAC blocks, fortified rice and flavoured popcorn categories.According to ET’s Deepshikha Sikarwar, the…
Asked if he plans to return to public office after stepping down from the RBI, Das said: “I will think about it.” As Shaktikanta Das finishes up his tenure as India’s central bank governor, handing over the reins to a career bureaucrat, many have praised his performance as a relative outsider who leaned on diplomacy…
NEW DELHI: Union finance minister Nirmala Sitharaman, encouraged regional rural banks (RRBs) to bring rural customers onto digital platforms for services such as internet banking, mobile banking and UPI.While addressing a review meeting with eight RRBs from Bihar, Jharkhand, Odisha, and West Bengal held in Patna, on Friday, she highlighted the importance of digital inclusion.In…
NEW DELHI: The govt-appointed committee to rework the Income Tax Act has sought public inputs and suggestions in four categories for simplification of language, steps to reduce litigation, ease compliance requirements, and identification of redundant or obsolete provisions, clearly indicating the direction in which it is working.In her budget speech finance minister Nirmala Sitharaman had…
