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YES Bank Reconstruction Scheme 2020 – Revealed by RBI...

Yes bank Ltd. has been facing various turmoil and financial disturbances from the year 2018, and the bank was looking for some investment options to contro...

Mar 07 2020

Supreme Court Lifts RBI Ban on Cryptocurrency Trading:...

India's Supreme Court on Wednesday overturned Reserve Bank of India's (RBI) two-year-old ban on cryptocurrency trading in the country, which is considered...

No More PMC Bank-Like Crisis: Government Introduces Ban...

The Government introduced Banking Regulation (Amendment) Bill, 2020 to bring all the co-operative banks on par with the developments in the banking sector...

Mar 05 2020

Business Impact of Coronavirus on Indian and Global Eco...

Coronavirus case was firstly reported in December 2019 in Wuhan, China which is currently is a big danger for the nations across the world. Already near ab...

Mar 05 2020

Eligibility Criteria for Debt Recovery Reduced for NBFC...

The Ministry of Corporate Affairs (MCA) in its notification dated 24th February 2020 has notified that the eligibility limit for NBFC’s having assets wor...

Mar 03 2020

RBI declares ‘floating rate loans to Medium Enterpris...

After noting down the success of linkage of an external benchmark to new floating rate loans availed by retail, Micro and Small Enterprises (MSEs), the ape...

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Feb 23 2020

Pan-Aadhaar Linking – Final Extension Granted by CBDT...

Having been extended multiple times earlier, the income tax department finally comes up with a formal notification dated 13th February 2020 to set up the d...

Feb 19 2020

Vivad Se Vishwas Scheme: Objective, Mechanism and Benef...

The Union Finance Minister Ms. Nirmala Sitharaman during her budget speech delivered on February 1, 2020, announced the launch of an amnesty scheme named '...

Feb 18 2020

Senior Citizen Saving Scheme: A Complete Overview

Senior citizens are the essence of any country and to protect their needs, many schemes are launched by the Government. The Central Government has introduc...

RBI Gives a Window of 9 Months for One-Time Restructuri...

RBI extends one-time restructuring scheme for MSME Loans by 9 months from March 31, 2020 to December 31, 2020. The Reserve Bank of India (RBI) has decided...

Feb 13 2020

IT Department Launches E-Calculator to Compare Due Tax...

While presenting her second Union Budget, the Hon’ble FM Nirmala Sitharaman unveiled a new income tax regime with reduced income tax rates. However, unde...

Feb 12 2020

Clarification issued by CBDT on the Applicability of Ta...

The dividend distribution tax has been proposed to be removed, and it will no longer be charged at the level of companies/mutual funds. Dividend tax will n...

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