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I-T refunds worth Rs 1.18 lakh cr issued to 33.54 lakh taxpayers till Sep 29

The Income Tax department on Wednesday said it has issued refunds worth over Rs 1.18 lakh crore to over 33 lakh taxpayers in 6...

CBDT extends FY20 income tax return filing date to November 30 The Central Board of Direct Taxes (CBDT) has further extended the deadline for...

The central government has further extended the due date for filing personal income tax returns from September 30 to November 30, in wake of...

RBI postpones MPC meet on key interest rates

The Reserve Bank of India (RBI) has rescheduled the meeting of its Monetary Policy Committee (MPC) which was to be held from September 29...

Paytm accuses Google of trying to dominate India’s digital ecosystem

Financial services app Paytm has accused Google of making policies that are over and above the laws of India after it was briefly delisted...

Reliance Capital debt piles up to Rs 19,805 crore

The financial debt of Anil Ambani-led Reliance Capital now works out to over Rs 19,805 crore. The principal amount due to Housing Development Finance...

ADB says India’s economy to contract by 9 per cent in FY21

India's economic growth will contract by 9 per cent in the current fiscal as the coronavirus pandemic weighs heavily on economic activity and consumer...

RBI remains net purchaser of US dollar in July, buys USD 15.973 billion

The Reserve Bank continued to remain a net buyer of the US currency in July after it purchased USD 15.973 billion on a net...

RBI issues new compliance guidelines for banks

The Reserve Bank of India (RBI) on Friday issued new guidelines for banks to tighten their compliance functions and ensure that chief compliance officers...