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IRDAI may allow transition period for insurance fee capIRDAI Chairman Ajay Seth said the regulator is examining industry feedback on a consultation paper that is open until October 25, while mai...- In 1975, an investor put $5,000 into Coca-Cola; 49 years later, the investment was worth more than $2.35 millionA $5,000 investment in Coca-Cola at the start of 1975 would have grown to more than $2.35 million by the end of 2024, assuming dividends we...
- Your UPI payment just got a price tag: what it means for GST-registered taxpayersNPCI, which manages UPI, has brought in a merchant discount rate of 0.4% on certain person-to-merchant UPI payments above Rs 2,000.
- UPI charges from October 15: FAQs on who will pay 0.4% MDR and what consumers, small vendors & large merchants need to knowUPI Payment: UPI transactions of up to Rs 2,000 will continue to be free for users. A new Merchant Discount Rate (MDR) will be introduced f...
- UPI MDR could bring transaction value into payment apps’ market-share battle, industry executives sayThe new revenue stream could also draw banks and ecommerce companies into consumer UPI. Pine Labs chairman, managing director and chief exe...
- UPI MDR bonanza: Why Paytm may win bigger, but Pine Labs could gain fasterPaytm and Pine Labs stand to benefit from the new UPI MDR framework, but the impact could differ sharply. Paytm has a larger absolute reven...
- Finance Act 2026: Updated return rules change for taxpayers reporting reduced lossesThe Finance Act, 2026, has plugged a significant gap. Earlier, an updated return could not be filed if unaccounted income merely reduced a ...
- Delhi Lakshmi Yojana RD maturity set for July 2029, year of next Lok Sabha pollsThe Delhi Lakshmi Yojana's recurring deposit matures on July 31, 2029. Eligible women receive Rs 2,500 monthly, with Rs 1,500 in RD and Rs ...
- Unsuspecting landowner got income tax notice as his land was sold for Rs 6.82 crore cash by someone via forged sale deed; he fights back and wins tax case in ITAT Ahmedabad on this groundFor Rs 6.82 crore cash notorious land grabbing gang sold land via forged sale deed with forged signature of landowner; however landowner go...
- 6.03 crore GST e-invoices generated in December 2020Notably, the e-way bill generation from the National Informatics Centre (NIC) developed e-way bill system is also highest during September ...
- E-way bills: 64.1 million e-invoices generated in October, highest since the introduction of the systemThe e-invoice system under goods and services tax (GST) was launched on October 1, 2020 for the businesses with aggregate turnover of more ...
- ITR filing made must if you spend Rs 2 lakh + on foreign travel, deposit Rs 1 crore in a/cCurrently, a person other than a company or a firm is required to furnish the return of income only if his total income exceeds the maximum...
- Economists call for enhancing tax base“Don’t squeeze spending because capital expenditure gets hit... raise the tax base. The GST is a good possibility for transformative change...
- As GST celebrates its 1st anniversary…The industry too responded positively with revenues crossing Rs 1 lakh crore in April 2018.
- GST base is set to cross one crore markWhen GST started, there were around 80 lakh taxpayers, many of whom were registered for payment of multiple taxes.
- Centre, states reach consensus on control over tax payers: FM Arun JaitleyThe consensus was reached after the Centre agreed to the demand of states to go in for horizontal split with regard to tax payers based on ...
- Economic Survey points towards widening tax base; reduce corporate taxLaying out the fiscal capacity roadmap for the 21st Century, the Economic Survey calls for widening of the individual tax payers' base, as ...
- Government’s bid to widen tax base comes unstuckThe government's efforts to widen the tax base are not paying off. New tax payers added over the past three years show a decline.
- Income tax slabs set for a rejigFinance minister P Chidambaram has sought to provide relief to 1.4 crore income tax assessees with annual taxable income of Rs 1,00,000 in ...
- Finmin picks NSDL to develop tax info networkThe big-bang computerisation of tax administration has been kick-started, with the finance ministry set to formally rope in the National Se...
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