RBI includes Deogiri Nagari Sahakari Bank and Ahmednagar Merchant’s Co-op Bank in Second Schedule of the RBI Act, 1934, per notifications dated July 25, ...

The Ministry of Finance confirms there is no current GST Council recommendation to levy tax on UPI transactions above ₹2000, ...

The Ministry of Finance confirms there is no inter-cadre transfer policy for GST department officials, but officers can seek ...

The Finance Ministry reports average monthly GST collections grew by 10.7% in Q1 of FY 2025-26. It also details GST simplification measures for small ...

The Ministry of Corporate Affairs confirms the five-day time limit for depositing dividends under Section 123(4) of the ...

Ministry of Defence released an updated Security Manual for Licensed Defence Industries (SMLDI), 2025, which supersedes 2014 ...

The Ministry of Finance confirms there has been no upward revision in GST rates on essential drugs or medicines since April 2025, clarifying the government's ...

Finance Ministry confirmed in the Lok Sabha that a GST rate of 18% is applicable on User Development Fees collected by ...

Finance Minister clarifies GST rules on apartment maintenance charges, explaining the exemption limit, who is responsible for compliance, and the rationale behind the tax ...

A new digital credit model for MSMEs leverages data from sources like GST and ITRs for faster loan approvals, reducing paperwork and processing ...

In a Lok Sabha response, the government clarified that GST raids are intelligence-based and state-specific, with no central ...

Finance Ministry states it does not track income tax data specifically for security forces, but provides details on available tax exemptions and ...