Keep the policy repo rate under the liquidity adjustment facility (LAF) unchanged at 6.50 per cent.
In a significant operation against financial frauds, the ED and the CBI have uncovered a massive Rs 640-crore cyber scam targeting individuals through fake job offers, phishing, and illegal betting activities.
The Reserve Bank of India (RBI) has issued a circular emphasizing the need for commercial banks (excluding Regional Rural Banks) to address the growing number of inoperative accounts and unclaimed deposits.
Revenue Secretary urges DRI to embrace and integrate cutting-edge technologies such as Machine Learning (ML) and Artificial Intelligence (AI) in its operations to enhance detection and enforcement capabilities
October, traditionally associated with a surge in economic activity due to the festive season, witnessed a surprising decline in direct tax collections.
The Central Board of Indirect Taxes and Customs (CBIC) has issued Circular No. 239/33/2024-GST, dated December 4, 2024, revising key provisions regarding the adjudication of show cause notices issued by officers of the DGGI.
In a significant update, the Ministry of Finance issued Notification No. 01/2024-Central Excise (N.T.) on December 3, 2024, amending key provisions of the Central Excise Rules, 2017.
Central tax authorities have intensified efforts to combat Goods and Services Tax (GST) evasion in Gujarat, with Finance Minister Nirmala Sitharaman revealing significant enforcement actions in the Rajya Sabha on Tuesday.
In a significant move to promote small-value digital payments, the Reserve Bank of India (RBI) has revised the framework for facilitating offline payments under UPI Lite.
Advisory on Mandatory Sequential Filing of GSTR-7 Returns as per Notification No. 17/2024
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