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Budget 2020: Government reduces income tax rates, rejigs slabs.
#2020

Source: https://timesofindia.indiatimes.com/

GST calls from small town tax officers spook financial services companies read the full news :

GST calls from small town tax officers spook financial services companies Companies have been under scrutiny from indirect tax offices as far apart as Kolhapur, Rajahmundry, Vijaywada, Mysore and Mangalore. Now, several financial services companies have started receiving written enquiries from tax officers based in small towns seeking details around organisational structu...

A Complete Guide and procedure to register when company in India
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April-Sept fiscal deficit reaches 92.6 percent of FY20 target
read the full news below.

April-Sept fiscal deficit reaches 92.6 per cent of FY20 target The revenue deficit for the same period stood at 4.85 lakh crore.

How the proposed new Direct Tax Code could cut your income tax.
The Akhilesh Ranjan taskforce, set up to suggest an overhaul of the Income Tax Act, has also recommended sweeping changes in the tax slabs. It submitted its report on the new Direct Taxes Code to the government in August.

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How the proposed new Direct Tax Code could cut your income tax The Akhilesh Ranjan taskforce, set up to suggest an overhaul of the Income Tax Act, has also recommended sweeping changes in the tax slabs. It submitted its report on the new Direct Taxes Code to the government in August.

Bank union to go-ahead with strike on Tuesday after talks with govt fail.
(Bank union is protesting against the government's decision to merge ten public sector banks into four banks )

Bank union to go-ahead with strike on Tuesday after talks with govt fail Bank union is protesting against the government's decision to merge ten public sector banks into four banks

The monetary policy committee sees a further slowdown in growth.

There could be more interest rate cuts by the Reserve Bank of India (RBI) as some of the members of the monetary policy committee have observed that growth is yet to bottom out, even as two members pointed out rising inflation expectations.

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Monetary policy committee sees further slowdown in growth Two external members warn of rising inflation expectations

Interest rates and the obscure world of negative yields

Interest rates and the obscure world of negative yields It is strange and surreal that nearly 27% of the world’s bonds offer negative yield

The government has constituted a committee of officers to suggest measures to augment GST revenue collections and administration.

Full News is here : https://bit.ly/33Ohipl

Govt constitutes panel to suggest measures to augment GST revenue The committee shall submit its first report within 15 days to the GST Council Secretariat

RBI set to cut interest rate in August for the fourth time in a row: Report
Read The Full news Here :

RBI set to cut interest rate in August for the fourth time in a row: Report They are going to cut rates in August and again later, mainly due to low growth and weak inflation, said an economist

Why independent directors are resigning in droves?
There have been 412 resignations during the first six months of calendar year 2019 compared to 606 for the 2018, shows NSE data.
Read full news here: https://bit.ly/2q2gMFt

Forex reserves scale record high of $434.6 billion
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Forex reserves scale record high of $434.6 billion The increase in reserves in the reporting week on account of foreign currency assets (FCA), a major component of the overall reserves.

The Reserve Bank of India on Friday cut the key policy rate to its lowest levels in nearly a decade, stepping up its efforts to kickstart an economy growing at its slowest pace in six years.
Read the full News:

RBI cuts rates to near decade lows to revive growth The Reserve Bank of India on Friday cut the key policy rate to its lowest levels...