In response to investigations by the Directorate General of GST Intelligence (DGGI) into co-lending practices between Non-Banking Financial Companies (NBFCs) and banks, the Finance Industry Development Council (FIDC) has reached…
Section 139(5) of the Income Tax Act, 1961, empowers taxpayers to file a revised return of income under specific circumstances. These include the discovery of errors or omissions in the…
In a significant move towards fostering gender equality and equal opportunities, the Food Safety and Standards Authority of India (FSSAI) has unveiled a new provision called the "Special Category" within…
In a robust display of economic momentum, GST collections for October reached ₹1.72 lakh crore, marking a 13% increase compared to the same period last year. This achievement stands as…
In a significant development, the Central Goods and Services Tax (CGST) Delhi East Commissionerate launched 'Operation Clean Sweep' targeting fake billers engaged in fraudulent activities. As a result, a syndicate…
CheckRewards, a cashback app serving as a shopping companion, has secured a $1.2 million investment from Germany's Mitgo Group. This funding not only provides financial support to CheckRewards but also…
The proposed policy envisions the establishment of a dedicated Directorate of MSME at the state level to oversee the implementation of state and central government MSME schemes and programs. Additionally,…
In a strategic move to address working capital challenges faced by Micro, Small, and Medium Enterprises (MSMEs), Red Fort Capital Finance Company, an NBFC lender, has launched its invoice discounting…
In a noteworthy development, the government's Goods and Services Tax (GST) collections for October surged by 13% on a year-on-year basis, reaching a substantial total of Rs 1.72 lakh crore.…
The Securities and Exchange Board of India (Sebi) has granted approval for five firms, marking a significant step towards their initial public offerings (IPOs). Among them are India Shelter Finance,…