GST is not payable on the government’s incentive to banks for promoting the RuPay card, notwithstanding its low value. Transactions between BHIM and UPI
The government’s incentives to banks for promoting RuPay debit cards and low-value BHIM-UPI transactions would not be subject to GST,…Read More »
State and federal pension liabilities will be discussed by the Finance Ministry and the RBI with a parliamentary panel.
Officials from the Ministry of Finance and Reserve Bank of India are scheduled to inform a Parliamentary Standing Committee next…Read More »
The need for perpetual macroeconomic vigilance to ensure sustainable development: FinMin report
On Saturday the Finance Ministry’s Monthly Economic Review said Amidst rising global uncertainties, there is a need for perpetual macroeconomic…Read More »