Category: Finance

EditorSeptember 17, 2022
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2min00
Aiming decriminalisation of offences, the Central Board of Direct Taxes (CBDT) on Saturday issued revised guidelines for compounding of offences under the Income Tax Act, 1961 with reference to various offences covered under its prosecution provisions. New Delhi, Sep 17,2022: Aiming decriminalisation of offences, the Central Board of Direct Taxes (CBDT) on Saturday issued revised […]

EditorAugust 20, 2022
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2min00
The Chinese economy is struggling and the central bank has unexpectedly lowered its policy rate signalling serious worries about growth, said the Department of Economic Affairs (DEA) under the Indian Finance Ministry. New Delhi, Aug 20, 2022:  The Chinese economy is struggling and the central bank has unexpectedly lowered its policy rate signalling serious worries […]

EditorAugust 10, 2022
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1min00
The Centre on Wednesday released two instalments of tax devolution to the state governments amounting to Rs 1,16,665.75 crore. New Delhi, Aug 10, 2022:  The Centre on Wednesday released two instalments of tax devolution to the state governments amounting to Rs 1,16,665.75 crore. In a statement, the Union Finance Ministry said that the two installments […]

EditorAugust 8, 2022
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12min00
By Shahbaz Alam Nadwi The global Islamic economy has gained an increasingly strong foothold in the world economy, driven by increasing Muslim consumer demand for dedicated products and services compliant with Islamic law that has developed the global sub-sectors of Halal food, Islamic financial services, cosmetics and pharmaceuticals, modest fashion, Muslim friendly travel, and Islamic-themed […]

EditorJune 9, 2022
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3min00
Union Finance Minister Nirmala Sitharaman on Thursday said the Public Sector Enterprises (PSE) in the strategic core sector need to scale-up their performances and if required should enter into a partnership with the private sector to survive. Gandhinagar, 9th June 2022: Union Finance Minister Nirmala Sitharaman on Thursday said the Public Sector Enterprises (PSE) in the […]

EditorJune 6, 2022
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2min00
Though the indices narrowed their losses as the day progressed, domestic equity benchmark indices declined marginally in red on Monday as the three-day monetary policy committee meeting of the RBI began for a macro-economic situation review. New Delhi, 6th June 2022:Though the indices narrowed their losses as the day progressed, domestic equity benchmark indices declined […]


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