PM also applauded the role of technology during the pandemic and said, the power that Digital India has created in the country in the last eight years has helped India a lot in combating the Corona global pandemic.
Non-Banking Financial Company-Microfinance Institutions (NBFC-MFIs) are likely to see revival in their profitability in the current fiscal, helped by the flexibility to set lending rates under the new regulatory framework for MFIs and lower credit cost, according to a report
Year-on-year inflation for the month (May) stood at 6.97 per cent compared to 6.33 per cent for the previous month and 5.25 per cent during the corresponding month a year before, the Ministry of Labour and Employment said
Government has announced increase in Goods and Services Tax (GST) on several items including those related to kitchenware, stationary, LED lamps, lights and fixtures. The decision was taken during the two-day GST Council meeting that eneded on 29 June
47th GST Council Meeting Outcome:About a dozen states cutting across party lines on Wednesday pitched for extending the mechanism to compensate states for revenue lost from the implementation of GST beyond June 30, but no decision was taken.
GST Council Meeting:On the first day, the 47th GST Council chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, decided to tweak tax rates of some goods and services, including bringing pre-packed and labelled food items under the tax net to check evasion.