HSBC to buy L&T MF, Rs 3.2k cr deal largest in fund industry

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RBI extends card tokenisation deadline by 6 months till Jun-end

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FY23 exports growth may slip, goods shipments seen at $460-475 b: FIEO

India's exports growth may slow to 15-17.5% in FY23 but containment of Covid-19 through massive vaccination across the globe and creation of required capacity will be the decisive factors, the country's top exporters body has said.

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Govt Panel for amendments to Insolvency and Bankruptcy Code

The Insolvency and Bankruptcy Code (IBC) came into force in 2016 and has already undergone various amendments.

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RBI extends card tokenisation deadline by 6 months till Jun-end

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Bids received for Neelachal Ispat Nigam Ltd : Dipam Secy

NINL is a joint venture company of four central public sector enterprises which include MMTC, NMDC, Bharat Heavy Electricals Limited and Mecon; and two State PSUs, Industrial Promotion and Investment Corporation of Odisha Limited (IPICOL) and Odisha Mining Corporation (OMC).

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Input tax credit should be available for construction of plant and machinery, says ruling

The ruling, by the Telangana Authority of Advance Ruling (AAR) on December 9, said that the input tax credit under Goods and Services Tax (GST) is not available for the construction of immovable property except if it happens to be for plant and machinery.

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Budget 2022: Experts seek fiscal consolidation path, capex to aid growth

On taxation, some of the economists pitched for tax stability and urged to avoid any changes in the tax structure, while some favoured rationalisation of the capital gains tax. On DTC, they argued that it could happen only next year, another person said.

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Easy money policy could end from February, show MPC minutes

"Members acknowledged that core inflation remains elevated and sticky. In this milieu, we need to be eagle-eyed for the pass-through of producer prices to retail levels and be ready to act should the need arise. If growth improves further, we should use the opportunity to nudge inflationary expectations down," said Mridul Sagar, MPC's member secretary.

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