The GST Council is set to shake up India’s tax structure by potentially eliminating the 12% tax slab, reducing the total number of major slabs from four to three. This significant move, aimed at simplifying the Goods and Services Tax (GST) framework, is expected to be discussed at the Council’s meeting in late June or … Read more
Trump Reinstates Travel Bans on 19 Countries, Citing Security Risks US President Donald Trump signed a new executive order on Wednesday, June 4, 2025, reimposing travel bans and restrictions on citizens from 19 countries, a move that revives a controversial policy from his first term. The order is set to take effect on Monday, June … Read more
PRESS RELEASERESERVE BANK OF INDIAWebsite : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,email : helpdoc@rbi.org.in Mumbai – 400 001/Phone: 022 – 2266 0502 June 05, 2025Underwriting Auction for sale of Government Securities for ₹32,000 croreon June 06, 2025Government of India has announced the sale (re-issue) of Government Securities, asdetailed below, through … Read more
PRESS RELEASERESERVE BANK OF INDIAWebsite : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,email : helpdoc@rbi.org.in Mumbai – 400 001 /Phone: 022 – 2266 0502Scheme for writing books originally in Hindi on Economics/Banking/Financialsubjects – Year 2024-25With a view to encourage original writings and research in Banking Hindi, ReserveBank of India has launched … Read more
The surprising alliance between Elon Musk and Donald Trump, once a cornerstone of Washington’s political landscape, has dramatically collapsed, fueled by a colossal policy disagreement and a sense of “betrayal” over a $4 trillion legislative package. How the Unlikely Alliance Formed Their relationship certainly didn’t start with warmth. In 2020, Musk famously branded Trump a … Read more
The Indian finance ministry is in talks with industry leaders about GST 2.0, a potential overhaul of the Goods and Services Tax. With GST nearing its eighth anniversary in July, the aim is to simplify the complex tax structure and address existing challenges. Why the Push for GST 2.0? Currently, India’s GST operates with multiple … Read more
Shares of Indegene surged by 3% on Thursday, reaching an intraday high of ₹608.80. This jump effectively recouped the losses from Wednesday, which were triggered by Carlyle Group selling its entire 10.2% stake in the company. Carlyle Group, through its affiliate CA Dawn Investments, offloaded its shares in a block deal at prices ranging from … Read more
Professional Development CommitteeThe Institute of Chartered Accountants of India4th June, 2025DRAFT PANEL FOR APPOINTMENT/ RE-APPOINTMENT OF STATUTORY AUDITORS OFSTATE CO-OPERATIVE BANKS (StCCBs) AND CENTRAL CO-OPERATIVE BANKS (CCBs)FOR THE YEAR 2025-26We are pleased to inform that the Draft Panel for Appointment/Re-appointment of StatutoryAuditors of State Co-operative Banks (StCCBs) and Central Co-operative Banks (CCBs) for the year2025-26 … Read more
PRESS RELEASERESERVE BANK OF INDIAWebsite : www.rbi.org.in Department of Communication, Central Office, Shahid Bhagat Singh Marg, Fort,email : helpdoc@rbi.org.in Mumbai – 400 001 /Phone: 022 – 2266 0502 Money Market Operations as on June 04, 2025 @ Based on Reserve Bank of India (RBI) / Clearing Corporation of India Limited (CCIL).− Not Applicable / No … Read more
