The due diligence process for the privatisation of IDBI Bank is currently in progress, with government and LIC selling nearly 61 percent stake. Essential clearances from the Ministry of Home Affairs and Reserve Bank of India have been obtained, and…
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The government is developing a framework to measure the knowledge economy, highlighting the need for accurate representation of knowledge-driven sectors. A brainstorming session on the Gross Domestic Knowledge Product (GDKP) involved key stakeholders. Efforts to revise economic indicators and explore…
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The new Income Tax Bill is contemplated to raise the level of transparency in tax laws by adopting clear and unambiguous language in tax provisions which allows the taxpayers to easily understand their obligations and rights, industry experts said on…
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Over Rs 1.88 lakh crore in GST evasion was detected by Central GST officers between April and December 2024, with 132 arrests and Rs 20,128 crore recovered. Significant evasion figures were also reported for previous fiscal years. Special drives to…
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Rupeeflo raised $1 million in pre-seed funding to simplify banking and investing for NRIs. The platform offers seamless digital access to NRE/NRO accounts, stocks, and mutual funds, starting with the US and UK.
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INDIA-CENBANK-India’s central bank doubles bond purchase to manage liquidity deficit
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