14/06/2023
India’s wholesale prices remained in deflationary zone for the second month in a row in May, with prices falling 3.48%, and all categories reporting a contraction in prices compared to May 2022, when inflation had hit a record high of 16.6%.
The effects of a high base from last May, when taxes on petroleum products were slashed, dragged fuel and power inflation to -9.2%, while manufacturing products’ prices fell 3%.
09/06/2023
The Reserve Bank of India's (RBI) Monetary Policy Committee (MPC) has decided to permit banks to issue Rupay prepaid foreign exchange (forex) cards for Indians travelling abroad, said RBI Governor Shaktikanta Das. The decision is part of the internationalisation of the Rupay card.
08/06/2023
A person or business that is unable to pay its debts is said to be insolvent. When a company's liabilities exceed its market worth or a debtor is unable to pay their debts, the situation is known as insolvency. Numerous circumstances that result in insufficient cash flow can cause a business to become insolvent.
07/06/2023
Opportunity for Professionals + Graduates + Post Graduates
National Institute of Securities Market (NISM) is conducting an examination called as Social Auditors exam. To know the eligibility criteria visit https://socialauditor.online/
The examination aims to create a pool of social auditors who would assess the impact of social interventions of various social enterprises who raise funds through the Social Stock Exchange platform.
Study Material and Mock Tests for practise are also available on https://socialauditor.online/
17/04/2023
The Securities Exchange Board of India unveiled a new logo today on its 35th Foundation Day. According to SEBI, 'The new SEBI logo retains its traditional blue colour palette while also reflecting the aspiration of a new and modern nation that works for the prosperity of every Indian.'
03/04/2023
Quick Update - Graduate Development Programme - GDP
As per a recent Govt. update, Net direct tax collections for the financial year 2023-23 is Rs. 16.61 Lakh Crores which has actually exceeded the Revised Estimate by Rs. 2.41 lakh Crore or 17% Approx.
Amongst this Personal Income Tax has seen a growth of approx 24% on collections in the previous financial year (i.e. FY 21-22)
Refunds issued also showed an approx growth of 37% as compared to refunds granted in the previous financial year (i.e. FY 21-22)
30/03/2023
Non linking of adhaar PAN has serious implications... do it before 30th June, 2023 if you have not done it till now!