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FinMin for enhanced KYC norms for banks
Makes a case for extensive due diligence by banks, FIs for onboarding merchants to safeguard customers against cyber risks
The $4 trn saga that defines India’s economic roadmap
IMF data foresees India’s GDP at $4.2 trillion in the next fiscal year
GDP growth remains on track, assures Finance Ministry
Apart from softening food inflation, fuel witnessed a deflation in September
FinMin unveils amnesty scheme on GST defaults
New Delhi: The Union Finance Ministry has come out with an amnesty scheme for filing appeals against Goods and Services Tax (GST) demand orders. The...
FinMin notifies GST on corporate guarantees
New Delhi: The Union Finance Ministry has issued a notification stating Goods and Services Tax (GST) will be levied on guarantees provided by...
India will clock 6.5% GDP growth in FY24
Risks to growth include rising crude oil prices, monsoon deficit and stock market correction, says Finance Ministry’s review
FinMin rules out dip in household savings
Says people investing in different financial products and there is no distress
Controversy over Indian GDP data not good for country’s economy
NSO has pegged the GDP upswing during April-June 2023 at 7.8% while Prof Mody, an Indian-born American economist, claimed that the growth was meagre...