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Centre may ban cheque books to push digital transaction

Centre may ban cheque books to push digital transaction

In a bid to boost digital transactions and create a cashless India, the Central government is likely to ban all cheque books. A senior functionary of industry body CAIT had…

Aadhaar data is fully safe: UIDAI

Aadhaar data is fully safe: UIDAI

The Unique Identification Authority of India (UIDAI) said that Aadhaar data is completely safe and secure. Aadhaar number, it said, is not a secret number and it is to be…

Moody’s ups India’s rating to highest since ’91 reforms

Moody’s ups India’s rating to highest since ’91 reforms

Global ratings agency Moody’s revised the country’s sovereign ranking to Baa2 from Baa3 – its first upgrade in almost 14 years — citing implementation of a string of economic reforms,…

GST Anti-Profiteering Authority gets cabinet nod

GST Anti-Profiteering Authority gets cabinet nod

The Union Cabinet on Thursday approved setting up of a National Anti-profiteering Authority under the GST, as it seeks to ensure that consumers get the benefit of reduced prices under…

3 key reforms have improved transparency, says Jaitley

3 key reforms have improved transparency, says Jaitley

Finance Minister Arun Jaitley has said three key structural reforms — Aadhaar, Demonetisation and GST — have enhanced transparency and helped in transition from cash to less cash economy. Jaitley…

WPI inflation touches six-month high of 3.59%

WPI inflation touches six-month high of 3.59%

Inflation at the wholesale level rose to 6-month high of 3.59 percent in October as the prices of food articles, led by onions and vegetables, rose sharply. Inflation, based on…

GST has reduced barriers between states: President

GST has reduced barriers between states: President

President Ram Nath Kovind said that the introduction of Goods and Services Tax (GST) was a milestone and the new regime has reduced barriers between states, creating a more formal…

Debit, credit cards will be redundant in 4 yrs: Niti Aayog CEO

Debit, credit cards will be redundant in 4 yrs: Niti Aayog CEO

Niti Aayog CEO Amitabh Kant said that debit and credit cards as well as ATMs will be redundant in next three-four years and people will use their mobile phones for…

GST rejig: Tax rate on 178 daily items reduced to 18%

GST rejig: Tax rate on 178 daily items reduced to 18%

In the biggest GST rejig yet, tax rates on over 200 items, ranging from chewing gum to chocolates to beauty products, wigs and wrist watches, were cut to provide relief…

PM shares video highlighting benefits of demonetisation

PM shares video highlighting benefits of demonetisation

On demonetization anniversary, Prime Minister Narendra Modi highlighting the benefits of the same shared a video from his twitter handle. The seven minutes long video underlines the need and importance…

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