Finance

Compliance not eased for GST taxpayers with over Rs 5 cr turnover, reconciliation statement remains

Taxpayers looking at ease of compliance requirement for filing annual GST returns for 2020-21 are in for a rude shock as the government has...

India’s April-June fiscal deficit reaches 18.2% of FY22 target

India's April-June budgetary fiscal deficit reached 18.2 per cent of the FY22 target, official data showed on Friday. The fiscal deficit -- the difference between...

RBI allows card networks, wallets to access RTGS, NEFT

The Reserve Bank of India (RBI) has decided to allow payment system providers, prepaid card issuers, card networks and white label ATM operators access...

Several factors still hinder monetary transmission to bank rates: RBI

Although transmission of deposit and lending rates has significantly improved in recent times, several factors continue to obstruct effective monetary transmission to these bank...

HDFC Bank Q1FY22 YoY net profit up 16.1%

HDFC Bank on Saturday reported a year-on-year rise of 16.1 per cent in its net profit for Q1FY22. Accordingly, the bank's net profit increased to...

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