GST Amnesty scheme Subject :Economy Section: Fiscal Policy GST Amnesty scheme for filing appeals on GST demand notices has several key points, as follows: Extended Filing Time for Appeals: Taxpayers are now granted an extended deadline until January 31, 2024, to file appeals against demand orders related to the GST. The extension comes […]

    Status of Household Deposits in India Subject :Economy Section: Monetary Policy Household Deposits: Household deposits with Scheduled Commercial Banks (SCBs) increased at a CAGR of 9.8% from ₹81 trillion in March 2019 to ₹118 trillion in March 2023, with a significant jump in March 2021. YoY changes fell sharply after the March 2021 […]