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Gross Goods and Services Tax mop-up was ₹1.73 lakh crore in September 2024. Last month, the gathering was ₹1.86 lakh crore, as per authorities knowledge launched. File. | Photo Credit: Reuters GST collections clocked close to double-digit progress to amass ₹1.89 lakh crore in September — a month in which the decreased tax charges got […]
India’s richest individuals: Mukesh Ambani and Gautam Adani Mukesh Ambani and his household have overwhelmed Gautam Adani to develop into India’s richest, in accordance with the most recent M3M Hurun India Rich List 2025. With a wealth of Rs 9.55 lakh crore, Ambani has reclaimed the highest spot, whereas Adani household stands second with a
To be or not to be: With GST tailwind, Monetary Policy Committee seemingly to maintain charges The three-day closed-door Monetary Policy Committee (MPC) meeting, which commenced on Monday (September 29, 2025), has raised hopes of a rate lower. The October coverage comes inside weeks of a lower in Goods and Services Tax (GST) and at
MUMBAI: Public sector banks must construct forward-looking capital buffers aligned to their danger profile and development ambitions reasonably than merely assembly regulatory minimums, Reserve Bank of India deputy governor Swaminathan J instructed public sector bankers. The deputy governor mentioned that that there’s a want for PSBs to guard their resilience on the time when the
Between January and September this yr, international traders have pulled out ₹1.54 lakh crore from Indian equities | Photo Credit: – Mumbai Foreign Portfolio Investors (FPIs) withdrew ₹23,885 crore from Indian shares in September, making it the third consecutive month of web outflows from the Indian inventory market, in keeping with information from the National
Russian Foreign Minister Sergey Lavrov on Tuesday defended India’s choice to proceed shopping for Russian oil, accusing the United States of attempting to eradicate competitors utilizing the Ukraine battle as a pretext. “Our Indian counterparts have already reacted to [this pressure] to stop buying oil from Russia. They proceed from the assumption [that] if the
Image used for representational objective solely. | Photo Credit: K.R. Deepak The Government has prolonged the Remission of Duties and Taxes on Exported Products (RoDTEP) incentive scheme for exporters till March 31, 2026. Exporters have welcomed the move, saying it removes substantial uncertainty and likewise comes at a time when Indian exports are dealing with
The authorities is contemplating whether or not to lengthen the September 30 deadline to switch to the UPS as barely 1 lakh out of 23 lakh authorities employees have opted.Several employees’ associations have written to the cupboard secretary, looking for a two-month extension to permit extra employees to switch from the National Pension Scheme (NPS)
