On the prices front, a build-up of inflationary pressures re-emerged as input cost and output inflation was at the strongest since February due to the upswing in global oil prices.

The bank has raised the overnight MCLR to 7.9 per cent with effect from Friday, ahead of the Reserve Bank’s Monetary Policy Committee meeting from June 4 to 6.

Out of the total, CGST mop-up is Rs 15,866 crore, SGST is Rs 21,691 crore, IGST is Rs 49,120 crore and cess collections are at Rs 7,339 crore

Banks are expected to cut costs, shut loss-making branches, reduce the number of overseas branches

Partnership, investment, location, monitoring, tech & single-window clearance can help Rs 6-lakh cr segment

Fitch said it’s also possible that more state banks will be placed in the Reserve Bank of India’s “prompt corrective action” (PCA) framework, which allows the central bank to intervene in a banks’ management, as most are in breach of at least one risk threshold.

A household is entitled to 12 cylinders of 14.2 kg each at subsidised rates in a year.

According to the department’s announcement, the ‘Income Tax Informants Reward Scheme’ too has been amended, under which a person can get reward up to Rs 50 lakh for giving specific information about substantial evasion of tax on income or assets in India, which are actionable under the Income-tax Act, 1961.

The assets have been attached in connection with a money laundering probe the agency is conducting against the company for defaulting on loans.

No action till FinMin meets stakeholders to see if issues could be resolved

The second communication was sent two days after a similar one following large-scale violence during the elections to the local bodies in the state on Monday.

Growth started exploding when UPI went live on private platforms last year

PFRDA chief said that the regulator is planning bring out a guaranteed annuity product for the pension fund customers.

The introduction of IND-AS also saw chief financial officers under pressure as they migrated to the new system of accounting.

‘Need for improvement of discipline and compliance’

Sunil Varma, head of International Business at Gitanjali Gems Ltd, allegedly played a ‘crucial role’ in executing the fraudulent LoUs

Modi left India on January 1, while Choksi left the country on January 4. Both have refused to join the ED and the CBI probe into the PNB scam.

The e-way bill is being touted as an anti-evasion measure that would help boost tax collections by clamping down on tax evasion.

US-based Blackstone directly and along with its joint venture partner Embassy group currently holds huge commercial assets with over 56 million square feet across major cities.