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IT cautions against cash dealings of Rs 2 lakh or more

Income Tax Department has warned people against initiating cash transaction worth Rs 2 lakh or more, directing that the receiver of the amount will...

Centre to cap cash transaction limit at Rs 2 Lakh

The Central government has decided to revise the cash transaction limit to Rs 2 Lakh from Rs 3 Lakh proposed in the Union Budget...

Jaitley directs banks to go digital on mission mode

Union Finance Minister Arun Jaitley has directed all public and private sector banks to go digit on mission mode, a move set to push...

PSU banks need Rs 1.2 lakh-cr infusion from Govt, says Moody’s...

Moody’s Investors Service on Friday said that in order to strengthen balancesheets of public sector banks, Government will have to infuse Rs 1.2 lakh...

PSB stakes lowered to 51 %: Jaitley

The government is planning to moot the its stakes of the state-owned banks to 51 per cent while announcing a series of major banking...

Govt’ll roll out startup-friendly tax regime: Jaitley

In a bid to encourage budding entrepreneurs and the new wave of startups, the government will announce a friendly tax regime in the Budget next...