Govt. notifies 31 Benches of GST Appellate Tribunal (GSTAT) Subject: Economy Section: Fiscal Policy In News: Govt. notifies 31 Benches of GST Appellate Tribunal Key Points: The Finance Ministry notifies the constitution of 31 Appellate Tribunals across 28 States and eight Union Territories for the Goods and Services Tax (GST). This will help […]
Unhappy with broker partners (APs), SEBI may tighten regulations Subject :Economy Section: Capital Market Context: SEBI may tighten norms for broker partners/APs to curb unauthorised trades, misselling. Key Points: The Securities and Exchange Board of India (SEBI) has raised concerns on the proliferation of authorised persons (AP) and has asked brokers to keep […]
At 0.52%, WPI for August stays negative for 5th month in a row Subject :Economy Section: Inflation In News: India’s wholesale prices remained in deflationary mode for the fifth month in a row in August, as per Ministry of Commerce. Key Points: India’s wholesale prices remained in deflationary mode for the fifth month […]
15 NBFCs in RBI’s ‘upper layer scale’; will face stiffer regulations Subject :Economy Section: Monetary Policy In News: RBI places 15 NBFCs in the Upper Layer (NBFC-UL) under Scale Based Regulations (SBR) for non-bank lenders. Key Points: RBI has zeroed in on 15 non-banking finance companies (NBFCs), including LIC Housing Finance, Bajaj Finance, […]
ETFs, units of scheme to get tax exemption at IFSC Subject: Economy Section: Capital market In News: Government expands the list of securities that will be eligible for tax exemption on a recognised stock exchange in an International Financial Services Centre (IFSC). Key Points: In general any capital gain on transfer/sale of securities […]
Russian sellers said to stop fertiliser discounts to India Subject :Economy Section: External Sector Context: Russian companies have ceased offering fertilizers such as di-ammonium phosphate (DAP) to India at discounted prices due to tightening global supplies after becoming the biggest suppliers to the country last year. Details: India’s fertilizer imports from Russia surged […]