Ex-finance minister Arun Jaitley had given go-ahead to clean up bad loans, says Raghuram Rajan – Times of India

Ex-finance minister Arun Jaitley had given go-ahead to clean up bad loans, says Raghuram Rajan – Times of India

MUMBAI: Former finance minister Arun Jaitley had encouraged Raghuram Rajan to take decisive action on cleaning up bad loans of Indian banks, the former RBI governor said in a recent interview to a news portal and asserted that the build-up of non-performing assets (NPAs) in the banking sector, worsened by corruption, delayed clearances, and the…

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GST Council meet key decisions: Clarity on tax rate on popcorn, GST rate on sale of used cars increased, says report – Times of India

GST Council meet key decisions: Clarity on tax rate on popcorn, GST rate on sale of used cars increased, says report – Times of India

GST council has sanctioned a rate increase to 18% from 12% for transactions involving the sale of old and used cars. GST Council Meeting latest update: The ongoing 55th GST council meeting in Jaisalmer is addressing crucial taxation matters, including revisions for AAC blocks, fortified rice and flavoured popcorn categories.According to ET’s Deepshikha Sikarwar, the…

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ITR filing deadline: Don’t miss December 31, 2024 deadline for revised, belated tax returns – here are the consequences – Times of India

ITR filing deadline: Don’t miss December 31, 2024 deadline for revised, belated tax returns – here are the consequences – Times of India

If one fails to submit a belated return by December 31, 2024, specific consequences apply. ITR filing deadline: December 31, 2024, marks the final deadline for submitting belated and revised income tax returns for FY 2023-24 (AY 2024-25). Whilst various taxpayer categories have distinct ITR filing deadlines, the final date for belated and revised returns…

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