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MARKET INTERVENTION SCHEME PAYMENTS
UPI’s market share expands more at debit, credit cards’ expenseUPI now dominates India's digital merchant payments, capturing a significant market share. Credit and debit cards are steadily losing their...- Low apple crop, rising input costs leave Himachal growers worried despite firm prices; traders report lossesHimachal Pradesh apple growers face a difficult season with reduced production. Erratic weather severely impacted fruit setting, leading to...
- At $729 billion, India's forex kitty a recordIndia's foreign exchange reserves achieved a historic high of $729.3 billion by August 21, fueled by substantial NRI deposits under a speci...
- Ola Electric gets Rs 95.81 crore PLI incentive for second straight yearOla Electric secured Rs 95.81 crore under the PLI-Auto Scheme for FY 2026-27. This incentive follows a previous sanction of Rs 366.78 crore...
- Keralam govt to step up market interventions to check price riseKeralam agriculture department will increase market interventions to prevent price hikes. Steps will be taken to curb exploitation by middl...
- Directorate of Revenue Intelligence conducts search at Waaree Energies' Sangam Solar One plantThe Directorate of Revenue Intelligence searched Waaree Energies' subsidiary plant in Gujarat. This search concerned imported stainless-ste...
- 2.7 lakh Delhi construction workers to get 24x7 healthcare, cashless treatment, Rs 2 lakh coverAround 2.7 lakh Delhi construction workers will soon receive free healthcare services. This new scheme offers 24x7 medical assistance and a...
- Retiring early? Know how much tax exemption can employees claim for VRSYou can claim full tax exemption on VRS if the scheme was launched under special framework; Know how it works for employees claiming VRS.
- HDFC Bank, LIC Housing Finance to contest Zee resolutionHDFC Bank and LIC Housing Finance will challenge the NCLT ruling on the Zee Group debt settlement. The approved plan includes a small payme...
- India, Canada working on easing cross-border remittances: Nirmala SitharamanIndia and Canada are joining forces to improve remittance processes for students. With a focus on utilizing digital innovations, this initi...
- Rupee slide, valuation rules put foreign asset disclosure scheme out of reach for manyThe rupee's depreciation and strict valuation rules hinder foreign income disclosure. A one-time voluntary disclosure window allows regular...
- Tea industry seeks Rs 113 crore annual package to revive Darjeeling sectorThe Indian Tea Association seeks government aid for tea industry revival. Financial and regulatory reforms are proposed for Darjeeling and ...
- Is severance pay received under a VRS taxable for all employees? Know what the Income Tax law saysSeverance pay received under a voluntary retirement scheme is not always taxable for all employees; Know why and what the tax law says
- RBI net absorbed $561 million in June as inflows picked upIn June, the Reserve Bank of India engaged in net purchases of $561 million from foreign exchange markets, showcasing its response to signi...
- Have undisclosed foreign assets or income? Know the extra tax cost if you miss FAST Scheme 2026's December 31 deadlineIndia's FAST Scheme 2026 provides a unique opportunity for taxpayers to declare foreign assets. This voluntary disclosure window closes on ...
- Chasing dues could get easier for small businesses under new rules, MSME Secy Bharat Khera explainsThe number of enterprises in the formal ecosystem has increased from around 16.5 million three to four years ago to 92 million currently, s...
- Missed reporting of overseas bank accounts, ESOPs, and foreign assets in Schedule FA of ITR? FAST-DS offers a chance to come cleanThere is an important caveat: the Black Money Act provides relief from Schedule FA penalty for certain foreign assets, other than immovable...
- Rupee dips on week as oil pangs linger, intervention prevents fall past 96/USDThe Indian rupee exhibited stability on Friday, though it faced a weekly decrease. Factors such as increasing oil prices and apprehensions ...
- MSME Ministry holds seminar at IIT Madras to help small businesses go global through digital commerceA national seminar at IIT Madras focused on enabling Indian MSMEs to tap global markets. Policymakers and experts discussed digital commerc...
- RBI's early FCNR(B) deposit scheme closure 'data-driven' or a policy U-turn? Governor Malhotra explainsRBI Governor Sanjay Malhotra defended the FCNR(B) deposit scheme's early closure. He stated the decision was data-driven and a prudent cali...
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