Inflation: Normal monsoon, interest rate cut key to bringing down inflation by year end, say economists – The Economic Times

Clipped from: https://economictimes.indiatimes.com/news/economy/indicators/normal-monsoon-interest-rate-cut-key-to-bringing-down-inflation-by-year-end-say-economists/articleshow/92315439.cms Synopsis While retail inflation rose 7.04 per cent in May year-on-year, slightly down from 95-month high of 7.79 per cent in April, wholesale

*****Loyalty points, wallet money or online credit not to attract TDS provided not earned through business or profession – The Hindu BusinessLine

Clipped from: https://www.thehindubusinessline.com/economy/policy/loyalty-points-wallet-money-or-online-credit-not-to-attract-tds-provided-not-earned-through-business-or-profession/article65539760.ece The new section mandates a person providing any benefit to a resident to deduct a tax at source of @10 per cent of

Petrol Price: Selling diesel at Rs 20-25/ltr loss, petrol at Rs 14-18/ltr loss: Private retailers to government – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/energy/oil-gas/selling-diesel-at-rs-20-25/ltr-loss-petrol-at-rs-14-18/ltr-loss-private-retailers-to-government/articleshow/92313911.cms Synopsis On June 10, the Federation of Indian Petroleum Industry (FIPI), which besides private fuel retailers also counts state-owned firms such as IOC,

Faster tightening of monetary policy would have been disastrous for economy, says RBI Governor Shaktikanta Das |FE Modern BFSI Summit 2022: The Financial Express

Clipped from: https://www.financialexpress.com/economy/fe-modern-bfsi-summit-2022-faster-tightening-of-monetary-policy-would-have-been-disastrous-for-economy-says-rbi-governor-shaktikanta-das/2564243/ The governor pointed out that the inflation target range of 2-6% has been given to the MPC to deal with extraordinary situations like

Tokenisation to catalyze India’s rapidly growing digital payment landscape – The Economic Times

Clipped from: https://economictimes.indiatimes.com/industry/banking/finance/banking/tokenisation-to-catalyze-indias-rapidly-growing-digital-payment-landscape/articleshow/92283769.cms?utm_source=Desktop&utm_medium=HP_ETGreatReads&utm_campaign=DP Synopsis A recent study by ACI Worldwide and YouGov highlights that digital payments continue to govern the payment space in India, with 41%