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FM Chairs 28th Financial Stability Council Gathering in New Delhi Today
Union Minister for Finance and Corporate Affairs, Smt. Nirmala Sitharaman, led the 28th meeting of the Financial Stability and Development Council...
![Settlement in Section 7 or Dropping of Sec. 66 Proceedings does not Automatically End Proceedings under Section 43: NCLT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/02/NCLT-NCLT-Mumbai-National-Company-Law-Tribunal-Insolvency-and-Bankruptcy-Code-IBC-TAXSCAN.jpg "Settlement in Section 7 or Dropping of Sec. 66 Proceedings does not Automatically End Proceedings under Section 43: NCLT [Read Order]")
No New Deposits or Credit Transactions Allowed after Feb 29, 2024; RBI Imposes Restrictions on Paytm
The Reserve Bank of India ( RBI ) has imposed huge restrictions on the Paytm Payment Bank Ltd. According to the press release issued by the apex bank, it stated that the paytm shall not accept any...
![Surplus on Redemption of Treasury bill is to be taxed under Capital Gains: ITAT [Read Order]](https://www.taxscan.in/wp-content/uploads/2024/01/Treasury-bill-redemption-tax-Income-Tax-ITAT-Mumbai-Capital-gain-Surplus-taxation-on-Treasury-bill-taxscan.jpg "Surplus on Redemption of Treasury bill is to be taxed under Capital Gains: ITAT [Read Order]")
RBI imposes Rs. 2.5 Cr Penalty on Dhanlaxmi Bank, ESAF Bank, and Punjab & Sind Bank for Regulatory Violations
The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs. 2.5 crores on Dhanlaxmi Bank, ESAF Bank, and Punjab & Sind Bank which are 3 prominent banks in India over several non-...
UPI's Interlink with Fast Payment Systems of other Countries Facilitates Cross-Border Payments 24x7, says Central Minister Pankaj Chaudhary [Read Order]
The Central Minister Pankaj Chaudhary has stated that the Government and Reserve Bank of India (RBI) has proposed the interlinking of UPI with the Fast Payment Systems of other Countries to...
