Indian lenders seek overnight liquidity ops, easier reserve norms from central bank, sources say
US-INDIA-CENBANK-Indian lenders seek overnight liquidity ops, easier reserve norms from central bank, sources say
Read More
SC rejects finance ministry’s plea against input tax credits for commercial rentals
The Supreme Court has dismissed the finance ministry’s plea to review its October judgement, which allowed real estate companies to claim input tax credits (ITC) on construction costs for commercial buildings meant for renting.
Read More
Why Businesses Need to know Reverse GST for Cost Optimization
New Delhi [India], Select suppliers who provide taxable goods or services are subject to reverse GST (Goods and Services Tax). The recipient of services or goods, not the supplier, is responsible for paying GST under the reverse charge mechanism. This…
Read More
Deferring CCI approval in IBC cases may not bring desired relief, say experts
Regulatory experts suggest that it’s about time that the eight-year-old IBC law which was enacted in 2016 gets amended to suit the present needs. However, they agree that the proposed deferral of CCI nod may not significantly change the IBC…
Read More
Indian rupee lags behind Asian peers as foreign banks’ dollar bids weigh
The Indian rupee closed nearly flat on Wednesday, trailing behind its Asian peers as the impact of a weaker U.S. dollar was blunted by strong demand for the greenback from foreign banks, likely on behalf of custodial clients.
Read More
Net formal jobs under EPFO up 1.1% at 1.45 million in March: Payroll data
The Employees’ Provident Fund Organisation witnessed a 1.15% increase in net formal job creation in March 2025, reaching 1.45 million. New subscriber enrollment grew by 2.03% compared to February 2025, with the 18-25 age group constituting a significant portion of…
Read More