Day: August 19, 2025
Over 23% Jan Dhan accounts inoperative, FinMin data show – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/economy/over-23-jan-dhan-accounts-inoperative-finmin-data-show/article69947255.ece The amount parked in these accounts stands at over ₹2.64 lakh crore The amount parked in these accounts stands at over ₹2.64 lakh
GST reforms, not a day too late – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/gst-reforms-not-a-day-too-late/article69947678.ece A reduction in levies of mass consumption goods as well as discretionary items is expected to boost consumption at a time when urban
Scammers are watching! Think before sharing your screen on WhatsApp | Personal Finance – Business Standard
Clipped from: https://www.business-standard.com/finance/personal-finance/scammers-are-watching-think-before-sharing-your-screen-on-whatsapp-125081800453_1.html A new scam is tricking WhatsApp users into screen sharing, giving fraudsters access to bank accounts and wallets. OneCard issues an urgent advisory
US tariff impact: MSME NPA classification period likely to be doubled
Clipped from: https://www.business-standard.com/finance/news/govt-may-relax-loan-default-period-for-msmes-to-ease-us-tariff-impact-125081800905_1.html “The proposal to extend the loan default period for MSMEs from 90 days to 180 days is likely to be taken up by
Traders likely to keep input tax credit on old stocks in GST revamp | Economy & Policy News – Business Standard
Clipped from: https://www.business-standard.com/economy/news/traders-likely-to-keep-input-tax-credit-on-old-stocks-in-gst-revamp-125081801239_1.html The GST Council is also likely to update the tax administration system to ensure a smooth transition and shield businesses from additional costs
5 major financial transactions Income Tax Department track via SFT reporting – Non-compliance results in THESE penalties – Money News | The Financial Express
Clipped from: https://www.financialexpress.com/money/how-banks-and-mutual-funds-report-your-high-value-transactions-to-income-tax-department-3950412/ The details reported in the SFT by banks, mutual funds, registrars, and other institutions are automatically reflected in the taxpayer’s Annual Information Statement