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Govt rakes in Rs600-cr as penalties from taxpayers’ delay in...

The number of PANs not linked with Aadhaar, excluding exempted categories, is 11.48-cr as of Jan 29

Rs 2.49 cr fines for Dhanlaxmi, P&S Bank, ESAF for compliance lapses

CEAT gets GST penalties

Hindustan Unilever shares down after Rs 447.5 cr GST demand

RBI imposes penalties up to Rs 40.39 cr on banks, NBFCs

RBI comes out with draft to simplify licensing norms for money changers

Banks

RBI penalties on banks, NBFCs add up to Rs 40.39 crore for 2022-23

The Reserve Bank of India (RBI) has imposed penalties to the tune of Rs 40.39 crore on banks, non-banking financial companies (NBFCs) and other...

Markets

US IRS says Microsoft owes $29 bn in back taxes, company disagrees

The US Internal Revenue Service (IRS) has informed tech giant Microsoft that it owes back taxes of $28.9 billion along with "penalties and interest"...