Month: July 2022

Finance Minister Nirmala Sitharaman on Friday said the government will review every fortnight the new taxes levied on crude, diesel and ATF based on international prices. NDTV Profit – Latest

A ₹6 per litre tax on export of petrol and ATF and ₹13 per litre tax on export of diesel is effective from July 1. The Hindu – Economy

Cess inflows hit record; Inflation, low base from second COVID wave abet 56% year-on-year surge in kitty The Hindu – Economy

A 1 per cent Tax Deducted at Source (TDS) on virtual digital assets’ (VDAs) transactions comes into play from today, July 1, 2022, and a 30 per cent rate on … Read More

HDFC Chairman Deepak Parekh on Thursday said the largest pure-play home financier may face a compression of its Net Interest Margin (NIM) in the short term as it is unable … Read More

Gold Import Tax: India has raised its basic import duty on gold to 12.5% from 7.5%, the government said on Friday, as the world’s second biggest consumer of the precious … Read More

Reliance Industries and ONGC shares were hammered on Friday after thegovernment imposed export taxes on petrol, diesel and a windfall tax on domestic crude oil to boost internal supplies. NDTV … Read More

The country’s largest two-wheeler maker Hero MotoCorp can use the ‘Hero’ trademark to sell its upcoming electric vehicles, as per a ruling by an arbitration tribunal. NDTV Profit – Latest

Inflation worries drag sentiment down to 27-month low, with just 4% of firms expecting growth a year from now The Hindu – Economy

The hackers had been inside the Bitfinex servers for weeks before attempting the heist. They’d watched users on the cryptocurrency exchange buy and sell Bitcoins. NDTV Profit – Latest