RBI extended card tokenisation deadline till June 30th

RBI extended card tokenisation deadline till June 30th

The Reserve Bank of India on Thursday has extended card tokenisation deadline by six months till June 30, 2022, from the earlier deadline date of December 31, 2021. "The timeline for storing of CoF (card-on-file) data is extended by six...

Record GST mop-up to removing retro tax law

Record GST mop-up to removing retro tax law

A record GST tax collection, an overhaul of the income tax return filing portal and the landmark move to scrap the retrospective taxation have set the stage for the next level of reforms in the tax administration that include bringing a framework...

Top 10 Mergers and Acquisitions of 2021

Top 10 Mergers and Acquisitions of 2021

Running a successful company in the present day ultra-competitive corporate realm is no cake walk and most business owners realize this lesson the hard way. Some businesses even fail to get a foothold in the industry which results in bankruptcy or...

Government to Set New GST rates for textile likely from January

Government to Set New GST rates for textile likely from January

Despite concerns expressed by the industry, the government is unlikely to defer the implementation of the higher Goods and Services Tax (GST) on certain textile products, as the decision was taken by the GST Council. The sector had opposed the...

Online payment rules to change from Jan 1st

Online payment rules to change from Jan 1st

With the increase in the digital penetration in the country, more and more people are using the online payments to order food, shop or book cabs. But the digital world is full of threats from cyber criminals who are always waiting to get the...

Markets dip 2 percent as Omicron variant spooks investors

Markets dip 2 percent as Omicron variant spooks investors

Mumbai Indian stocks tanked 2% on Monday as the increasing cases of Omicron spooked the investors who feared its spread would start to take a toll on businesses if countries bring back stringent curbs in order to contain the spread of the new...

CSC and Infosys join hands to upskill 6 crore rural citizens

CSC and Infosys join hands to upskill 6 crore rural citizens

Common Services Centre (CSC) said it has tied up with IT services major Infosys in order to upskill 6 crore rural citizens with digital skills across India through the Infosys Springboard. CSC is a Special Purpose Vehicle (SPV) which is under...

CAIT urged the Centre to suspend Amazon's e-commerce portal immediately

CAIT urged the Centre to suspend Amazon's e-commerce portal immediately

The Confederation of All India Traders on Sunday has urged the Centre to take immediate action against e-commerce giant Amazon by asking it to suspend its e-commerce portal. The traders' body's letter to the Centre comes just two days...

LIC IPO unlikely to take place this fiscal

LIC IPO unlikely to take place this fiscal

The government is unlikely to come up with the IPO of Life Insurance Corporation (LIC) in the current financial year ending March 2022, as the valuation of the state-owned behemoth is taking more than the anticipated time, and the preparatory work...

Government adds $504 Bn as PLI Scheme and Expects 1Cr Jobs in 5 Years

Government adds $504 Bn as PLI Scheme and Expects 1Cr Jobs in 5 Years

The outcome from the Centre's recently announced slew of production-linked incentive schemes, in terms of production, is expected to be over 504 billion US Dollars over the next five years, an official statement said on Thursday. Also,...

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