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As per the Finance Ministry data, the positive impact of demonetization led to an increase in tax compliance in the country

Demonetization led to seizure of Rs.900 cr, undisclosed income worth Rs.8,000 cr between Nov...

PGurus Newsdesk - February 24, 2023 1

Finance Ministry reveals the effects of demonetization on undisclosed income and black money The demonetization exercise has led to the seizure of Rs.900 crore, including...

Glaring technical gaps in SEBI/ NSE have allowed corporates to do as they please in the markets. Is this what the Apex Court is suggesting?

Supreme Court asks how to protect investors’ interests, seeks views of Centre, SEBI on...

Team PGurus - February 10, 2023 3

How competent is SEBI? More importantly how competent is the Finance Ministry? Tyranny of the incompetents Expressing concerns over protecting the interests of Indian investors, the...

Slowly but steadily, India is being dragged to adopt a Digital way of life - the Budget is one example of this

Union Budget almost ready in Digital Format

Team PGurus - January 27, 2023 0

MPs will get Budget on their mobile phones and not printed copies 350 black cat security guards protect Union Budget secrecy The Indian Members of Parliament...

Higher customs duty on telecom equipment is disrupting the cost-effectiveness of the telecom companies

COAI urges govt to exempt levy of customs duty on telecom equipment to boost...

PGurus Newsdesk - January 19, 2023 0

The telecom industry body makes recommendations for the Union Budget 2023-24 to Finance Ministry On Wednesday Cellular Operators' Association of India (COAI), the top telecom...

2023 Budget: Six ways the Middle Class will get relief - Modi Govt. remembers its core vote bank?

2023 Union Budget estimated to be around 8 lakh crores

R Rajagopalan - January 12, 2023 2

PM Modi, FM Sitharaman team spends 14 hours a day working out the details As the Union Budget for 2023 was prepared by the Nirmala...

Presenting the figures of the last five years in Parliament, Sitharaman has told that the loans stuck in the banks for the last five years have been transferred to the write-off account as per the RBI guidelines

Indian Banks wrote off loans amounting to Rs.10.09 lakh crores in the past five...

Team PGurus - December 20, 2022 1

SBI wrote off the highest amount of bad loans in 2021-22 India’s banks have written off loans amounting to over Rs.10.09 lakh crore in the...

Currently, online gaming attracts 18 percent GST. The tax is levied on gross gaming revenue, which is the fees charged by online gaming portals

GST Council to hold virtual meet; the panel of state ministers to look into...

PGurus Newsdesk - December 16, 2022 0

The 48th meet of the GST Council to be held on Saturday After a gap of nearly six months, the meeting of the GST Council,...

Price of SGB will be fixed in Indian rupees on the basis of a simple average of closing price of gold of 999 purity

Govt to issue third, fourth tranches of sovereign gold bond scheme 2022-23

PGurus Newsdesk - December 16, 2022 1

Sovereign gold bond scheme 2022-23 series 3rd and 4th The third and fourth tranches of the sovereign gold bond (SGB) scheme (2022-23) will soon be...

Refunds amounting to Rs 2.15 lakh crore were issued between April 1 - November 30

India sees a rise in tax collection by 24% in the current fiscal YoY

PGurus Newsdesk - December 12, 2022 0

Direct tax collection is up 24% to Rs.8.77 lakh cr; nears 62% of Budget estimates India sees a surge in the net tax collection for...

The total amount of compensation released to the states/ UTs so far, including the aforesaid amount, during the year 2022-23 is Rs.1,15,662 crore, the Finance Ministry said

Centre releases Rs.17,000 crore GST compensation to states, UTs

PGurus Newsdesk - November 25, 2022 0

GST compensation for April-June 2022: Centre releases Rs.17,000 Cr The government has released Rs.17,000 crore towards the balance GST compensation for the April-June period of...