With the arrest of Mitesh M. Shah, who created 115 fake firms to avail and pass on fraudulent input tax credit (ITC) worth Rs 50.24 crore from Gujarat's Vadodara, the CGST Commissionerates and the Directorate General of GST Intelligence (DGGI) have so far arrested 59 persons within ten days of the nationwide drive against the GST...
Telecom subscribers will have to prefix '0' as they call from a landline to any mobile number starting January 1, 2021. The decision has been taken up in order to ensure adequate numbering resources for fixed line and mobile services. Telecom regulator TRAI had recommended the ...
The Central bank is best served by maintaining the policy approach outlined in the October statement, even as it likely acknowledges some optimistic turn in growth indicators and sticky inflation, investment banker Barclays said on Wednesday ahead of the Monetary Policy Committee (MPC) policy review early next month. ...

Foreign Portfolio Investments (FPI) have been bullish on the Indian equities off late and a significant portion of those investments are going into finance and banking stocks....

Petrol and diesel prices remained unchanged on Wednesday after five straight days of increase in the wake of firming of international oil rates....

Google India on Wednesday clarified that Google Pay which is set to kill the peer-to-peer payments facility on its web app in January along with adding a fee for instant money transfers is specifically for the US market and will not impact its apps in India. ...

Jio Platforms Limited has received the subscription amount of Rs 33,737 crore from Google International LLC, a wholly owned subsidiary of Google LLC....

The rapid shift to digital payments due to the Covid-19 pandemic is urgently increasing the need for banks to modernise their payment systems, according to a new report from Accenture. ...

The government has decided not to seek additional performance security on abnormally low bids received on government contracts to provide relief to contractors already facing liquidity issues in the wake of the ongoing pandemic....

A cohesive National Retail Policy can help in generating 30 lakh jobs by the year 2024, according to a report by CII and Kearney...