India to Create Two Globally Competitive Banks as part of Viksit Bharat vision
As part of its 'Viksit Bharat 2047' ambition to become a developed nation, India wants to build two globally competitive banks with assets that...
![IFSCA notifies Regulations for International Financial Services Centres Authority (Payments Regulatory Board) [Read Notification]](https://images.taxscan.in/h-upload/2025/09/18/250x150_2088307-ifsca-ifsca-ifsca-regulations-taxscan.webp "IFSCA notifies Regulations for International Financial Services Centres Authority (Payments Regulatory Board) [Read Notification]")
![Big Boost for Retirement Savings: Govt Launches New Forum to Make Pensions Safer, Easier & More Transparent [Read Notification]](https://images.taxscan.in/h-upload/2025/08/27/250x150_2080952-retirement-savings-pension-taxscan.webp "Big Boost for Retirement Savings: Govt Launches New Forum to Make Pensions Safer, Easier & More Transparent [Read Notification]")
Draft Gold Loan Norms not to affect Small Borrowers, implement from Jan 2026: Finance Ministry to RBI
India’s Finance Ministry has asked the Reserve Bank of India (RBI) to shield small borrowers and delay enforcement of proposed gold-loan rules until 1 January 2026. In a post on X, the Ministry’s...
RBI’s Draft Gold Loan Rules: FinMin Suggests Relief for Loans Below Rs. 2 Lakh and Jan 2026 Rollout
The Department of Financial Services (DFS), under the Ministry of Finance, has examined the Reserve Bank of India’s (RBI) Draft Directions on Lending Against Gold Collateral, 2025, and submitted its...
Finance Ministry Exempts NCGTC from TDS on Payments Received u/s 10(46B)(i) of Income Tax [Read Notification]
The Ministry of Finance issued Notification No. S.O. 19(E), dated January 2, 2025, announcing a tax exemption for the National Credit Guarantee Trustee Company Limited ( NCGTC ). Payments made to...
![Finance Ministry Exempts NCGTC from TDS on Payments Received u/s 10(46B)(i) of Income Tax [Read Notification]](https://www.taxscan.in/wp-content/uploads/2025/01/Finance-Minister-NCGTC-TDS-Finance-Ministry-Exempts-NCGTC-from-TDS-Taxscan.jpg "Finance Ministry Exempts NCGTC from TDS on Payments Received u/s 10(46B)(i) of Income Tax [Read Notification]")
Finance Ministry notifies Guarantee Scheme for Corporate Debt to cover Guarantee over Debt raised/ to be raised by CDMDF [Read Notification]
The Finance Ministry vide notification G.S.R. 559(E) issued on 26th July 2023, the Central Government has approved the ‘Guarantee Scheme for Corporate Debt’ (GSCD) for the purpose of providing...
