Clipped from: https://www.business-standard.com/opinion/columns/rbi-repo-rate-cuts-alone-can-t-shift-india-s-economic-growth-gear-125061500692_1.html Clearly, it is not for the RBI and its monetary policy committee (MPC) to fix any of these deep structural issues and magically
Month: June 2025
What works in central banking? Striking a balance between talk and action
Clipped from: https://www.business-standard.com/opinion/columns/what-works-in-central-banking-striking-a-balance-between-talk-and-action-125061500754_1.html The latest monetary policy has also gone for a 50-basis-point rate cut, double the anticipated reduction As the dust is settling down on
UIDAI extends free Aadhaar document update deadline to June 2026 – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/news/story/uidai-extends-free-aadhaar-document-update-deadline-to-june-2026-480436-2025-06-14 UIDAI has extended the free Aadhaar document update deadline to June 14, 2026, via the myAadhaar portal, allowing millions to benefit by updating
*******Using an inoperative PAN? You may face Rs 10,000 penalty per transaction – Details here – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/using-an-inoperative-pan-get-ready-for-a-fine-of-rs-10000-on-every-transaction-know-details-3879545/ The Income Tax Department has increased the strictness regarding Permanent Account Number (PAN) and Aadhaar linking. Those whose PAN is not yet linked
RBI makes it easier to access, reactivate dormant accounts, deposits | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/rbi-makes-it-easier-to-access-reactivate-dormant-accounts-deposits-125061300531_1.html Customers can update KYC through video, at any bank branch, or with the assistance of business correspondents. RBI’s new dormant account guidelines. RBI,
RBI makes KYC easier: Banks must send three reminders before account freeze | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/rbi-makes-kyc-easier-banks-must-send-three-reminders-before-account-freeze-125061300267_1.html Banks must give written reminders before KYC deadline, says RBI RBI Listen to This Article In a move aimed at strengthening consumer protection
US tariff revenue hits record high in May, helping cut budget deficit | World News – Business Standard
Clipped from: https://www.business-standard.com/world-news/us-tariff-revenue-hits-record-high-in-may-helping-cut-budget-deficit-125061200156_1.html The Treasury Department recorded $23 billion in customs-duties revenue for May, according the agency’s monthly budget statement May’s figure is more than triple
*******Advance tax alert: June 15 is a Sunday — does paying advance tax on June 16 attract penalty, interest? – BusinessToday
Clipped from: https://www.businesstoday.in/personal-finance/tax/story/advance-tax-payment-deadline-june-15-2025-extended-to-june-16-under-cbdt-circular-480419-2025-06-14 The first advance tax deadline for FY 2025–26 falls on Sunday, June 15, 2025, prompting confusion among taxpayers about whether payments made on
*******Rate cuts alone won’t revive growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rate-cuts-alone-wont-revive-growth/article69692053.ece Measures to stimulate demand like tax breaks for consumers, infra spending and support for MSMEs can be considered Need to revive demand |
*******Back deductions with more data – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/back-deductions-with-more-data-3879299/ The Income Tax Department has released updated Excel utilities for ITR-1 and ITR-4 (AY 2025-26), introducing significant changes for taxpayers opting for the
Unaccounted income invested in crypto on I-T radar – Income Tax News | The Financial Express
Clipped from: https://www.financialexpress.com/money/income-tax/unaccounted-income-invested-in-crypto-on-i-t-radar/3879370/ The CBDT is actively investigating tax evasion and money laundering linked to cryptocurrency investments, specifically targeting individuals and entities who have not disclosed
‘US will want to weaken India when they…’, says Jeffrey Sachs as he discusses US deep state with Tucker Carlson – US News | The Financial Express
lipped from: https://www.financialexpress.com/world-news/us-news/us-will-want-to-weaken-india-when-they-says-jeffrey-sachs-as-he-discusses-us-deep-state-with-tucker-carlson/3879340/?ref=hometop_hp Sachs explained that the U.S. has consistently sought to undermine any nation that develops the capacity to challenge its global dominance. In an
Rate cuts alone won’t revive growth – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rate-cuts-alone-wont-revive-growth/article69692053.ece Measures to stimulate demand like tax breaks for consumers, infra spending and support for MSMEs can be considered Need to revive demand |
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