All India CMA Association expresses Disappointment over narrowing Definition of “Accountant” in New Income Tax Act
The All India Cost & Management Accountants Association (AICMAA) has publicly decried the Lok Sabha Select Committee’s decision to restrict the...
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...
FM Nirmala Sitharaman Clarifies No Fee is Chargeable by Financial Institutions for Updating/Modifying Details in PPF Accounts
Finance Minister Nirmala Sitharaman has confirmed that financial institutions will no longer charge any fee for updating or modifying nominee details in Public Provident Fund (PPF) accounts. The...
Rajya Sabha Approves Banking Law Amendment Bill: Up to Four Nominees Allowed for Bank Accounts, FDs
Parliament on Wednesday passed the Banking Laws (Amendment) Bill, 2024, enabling individuals to nominate up to four persons for a single bank account. The legislation was approved by the Rajya Sabha...
![Finance Bill, 2025 Notifies Major Amendments in Chapter XIV-B of Income-Tax Act 1961 [Read Bill]](https://www.taxscan.in/wp-content/uploads/2025/03/finance-bill-2025.jpg "Finance Bill, 2025 Notifies Major Amendments in Chapter XIV-B of Income-Tax Act 1961 [Read Bill]")
Competition Commission of India Investigated 35 Cartels in Last 5 Financial Years: FM Nirmala Sitharaman
Finance Minister Nirmala Sitharaman informed the Lok Sabha on March 24, 2025, that the Competition Commission of India (CCI) has investigated 35 cartel cases across various sectors over the last five...
