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SC order on Loan Moratorium

The Supreme Court on Tuesday rejected the pleas from various trade associations and corporate bodies to extend the six-month loan moratorium period offered by the Reserve Bank of India (RBI), adding that a complete waiver of interest during the moratorium could not be...

RBI Complete Statement 22nd May 2020

  Statement on Developmental and Regulatory Policies This Statement sets out various developmental and regulatory policy measures to improve the functioning of markets and market participants; measures to support exports and imports; efforts to further ease...

Budget 2019 Key Changes in Income Tax

The government proposed many changes in income tax provisions for this year. Finance minister  kept the income tax slab rates unchanged but announced a slew of new income tax proposals that could impact many tax payers. Additional income tax deduction of ₹1.5 lakh on...