CBDT launches DIN system for taxpayers
DIN system will ensure greater accountability and transparency in tax administration Our Correspondent / New Delhi Marching forward towards ‘Digital India’, the Central Board of Direct Taxes (CBDT) on Tuesday…
RBI announces contests to promote innovations, ideas in payment
AMN Reserve Bank of India has announced two contests to promote innovations and ideas in the payment and settlement systems. Shortlisted participants will get an opportunity to present their ideas…
GSK suspends Zinetac distribution in India, Report
regulators seek drug testing data from pharma cos WEB DESK Pharma company GlaxoSmithKline Pharmaceuticals (GSK) on September 25 said it has suspended the release, distribution and supply of all dose…
Deadline to link PAN with Aadhaar extended till Dec 31
AMN The deadline to link permanent account number (PAN) with Aadhaar has been extended by three months till 31st of December. Earlier, the deadline was September 30. This is the…
Govt approves construction of 1.23 lakh houses under PMAY-Urban
AMN Centre has approved construction of 1.23 lakh more houses under Pradhan Mantri Awas Yojana (Urban). The 47th Central Sanctioning And Monitoring Committee approved 630 proposals from participating states for…
Kristalina Georgieva of Bulgaria is new IMF chief
AMN Bulgaria’s Kristalina Georgieva has been selected as the new head of the International Monetary Fund(IMF). She is the first person from an emerging market economy to lead the IMF.…
Liquidity not an issue for banks, asserts FM
AMN / NEW DELHI Union Finance Minister Nirmala Sitharaman today said there is no issue of liquidity in private sector banks and financial institutions. She said that in fact, there…
India-China to further strengthen cooperation in financial sector
Staff Reporter / New Delhi The 9th India-China Financial Dialogue was held in New Delhi Yesterday. A high-level Chinese delegation led by Ms. Zou Jiayi, Vice Minister, Ministry of Finance,…
Govt reconstitutes Economic Advisory Council to PM
AMN Government has reconstituted the Economic Advisory Council to the Prime Minister for a period of two years with effect from tomorrow. Dr Bibek Debroy will continue to be the…
RBI rebuts social media rumours on closure of banks
AMN / NEW DELHI Reserve Bank of India has categorically rejected the reports appearing in some sections of social media about RBI closing down certain commercial banks. Reserve bank in…