The Income Tax Department will unveil a new e-filing platform on Monday to make filing tax returns even easier (ITRs). The e-portal will be available at www.incometax.gov.in, according to the Central Board of Direct Taxes (CBDT), and will provide...

On behalf of the government, SIDBI has floated a Request for Proposal (RFP) inviting bids from consultants to help set up Rs 20,000 crore DFI called National Bank for Financing Infrastructure and Development (NaBFID) to catalyze investment in the...

Indicating a lower-than-expected impact of localised lockdowns in the second wave of the Covid-19 pandemic, the gross GST (Goods and Services Tax) collections in May (for sales in April) topped Rs 1 lakh crore for the eighth month in a row. At...

Punjab National Bank (PNB) on Saturday said that it will buy stake in the National Asset Reconstruction Company Ltd (NARCL) and has identified non-performing assets (NPAs) worth Rs 8,000 crore to be transferred to the proposed bad bank for...

The NITI Aayog has presented to the Core Group of Secretaries on Disinvestment the names of two public sector banks (PSBs) and one public sector general insurer that could be sold off under the government's new privatization policy. According...

The Cellular Operators Association of India (COAI), which represents service providers and equipment vendors, said that the production-linked incentive (PLI) scheme would boost local manufacturing, exports and also create employment opportunities....

IDBI Bank has settled a $ 239 million judgment in the commercial division of the High Court of London against a Cypriot subsidiary of India-based Essar Shipping Group, becoming one of the largest debt judgments obtained by an Indian bank in the...

The government is looking at notifying the production-linked incentive (PLI) scheme which was announced to boost domestic manufacturing, for sectors like auto components, steel, and textiles. Additional Secretary in the Department for Promotion...

The Monetary Policy Committee (MPC) of the RBI on Wednesday has kicked off its three-day deliberations with analysts and rating firms expecting the policy panel to keep the benchmark policy rate — repo rate — unchanged in the wake of...

Small-business owners are facing a very brutal time in the situation of pandemics followed by wide lockdowns and safety distance measures. Many of the small-business have shut business and are going through challenges that will also affect the...