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India working on tax refund scheme after action by US, EU

India working on tax refund sc...

By Kashish #Finance News 18 June 2024
An institutional mechanism is being worked on by the Indian government’s Finance Ministry and the Commerce Ministry industry for the verification of tax refunds provided to exporters under key duty...
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Hyundai Motor India files draft papers with SEBI for IPO launch
Hyundai Motor India files draft papers with SEBI for IPO launch
According to draft papers submitted with the Securities and Exchange...
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samsung partners with paytm
Samsung India partners with Paytm
To enhance Samsung Wallet users’ experience, Samsung has partnered with...
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mobile cyber suraksha: do's and dont's of cyber security to stop cyber crime
Mobile Cyber Suraksha: Do’s and Don’ts of Cyber Security
The Department of Telecommunications (DoT) has provided a list of...
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UIDAI extends deadline for Aadhaar Update
The Unique Identification Authority of India (UIDAI) has announced that it has extended the deadline to update Aadhaar card details without any charges. The UID holders have been given time...
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Free-look Period in Insurance Products Increased to 30 days
The Insurance Regulatory and Development Authority of India (IRDAI) has made it compulsory for life insurance savings to have the option of loan against the policy to enable policyholders to...
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Latest Update From SEBI : SEBI & NISM Launches Free Investor-Certification Programme
The Stock and Exchange Board of India (Sebi), in collaboration with the National Institute of Securities Market (NISM), has introduced a free Investor Certification Programme. This voluntary certification has been...
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NDA Govt Proposes 50% Assured Pension Under NPS
BJP-led NDA government plans to significantly increase the pension payments provided to central government employees under the National Pension System (NPS). Relative to the present market-based returns system, the proposal...
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PM Kisan 17th installment released by PM Modi. When will you receive the funds?
Beneficiaries of PM-Kisan Nidhi have good news! Prime Minister Narendra Modi, on 10th of June, signed his first file as PM for the third time, to release the 17th installment...
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India’s Forex Reserves Hit Record $651.5 Billion
On 7th June, RBI Governor Shantikanta Das said that India’s foreign exchange reserves hit a record high of $651.5 billion as of 31st May, 2024. “India’s external sector remains resilient...
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SEBI receives ‘Best Conduct of Business Regulator’ award in Asia Pacific
The Asian Banker, a financial company, has awarded Sebi the “Best Conduct of Business Regulator” award in Asia Pacific for its role in enhancing the regulatory framework for securities markets...
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Netherlands becomes India’s 3rd Largest Export Destination
In the fiscal year 2023-2024, the northwestern European nation Netherlands became India’s 3rd largest export destination after the USA and UAE, despite the decline in India merchandise shipments by almost...
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PM Modi commits for Qualitative Changes in the Education Sector
After winning the recently-held Lok Sabha Elections 2024, PM-designate Shri. Narendra Modi reiterated his commitment for qualitative changes in the education sector of the country. He also showed his happiness...
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Tesla CEO Musk Congratulates Modi for NDA’s Victory
Tesla and SpaceX CEO Elon Musk took to social media platform X to congratulate PM-designate Shri. Narendra Modi for victory in the Lok Sabha elections 2024. Musk, who extended his...
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How Newspaper Plays an Important Role in Society?
Newspapers are the link between people and their government. They’re the ‘voice’ of the general public and the custodians of truth.  Even though the fall of newspapers has long been...
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TRAI Explores Penal Option for Hoarding Unutilized Numbers
TRAI, the Indian telecom regulator, is exploring a penal option for telecom operators for hoarding unutilized fixed line phone numbers to address the crunch of numbering resources hampering the growth...
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RBI Monetary Policy June 2024: Key Lending Rate Unchanged At 6.5%
RBI’s Monetary Policy Committee (MPC) meeting was scheduled from 5 – 7 June, 2024. The key lending rate at which the RBI lends to commercial banks currently stands at 6.5%. ...
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Health Ministry holds meeting with States on Heatwave Preparedness
Union Health Ministry, under the chairmanship of the Directorate General of Health Services (DGHS) Dr. Atul Goel, conducted a virtual meeting with States/UTs to evaluate the preparedness of heatwave conditions...
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Zurich Insurance gets RBI’s approval for 70% stake in Kotak General
Zurich Insurance Company has received the approval of the Reserve Bank of India (RBI) for the acquisition of 70 percent stake in Kotak Mahindra General Insurance Company for Rs. 5,560...
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