Finance News

Book-keeping, accounting, taxation added as financial services in IFSC With the inclusion, entities registered with the IFSC Authority will be able to provide these services to non-residents while operating from GIFT city

Govt expands scope of financial services that can be taken up at IFSC The government has expanded the scope of activities that can be undertaken at the International Financial Services Centre (IFSC) by including services such as book keeping, and accounting. As per a gazette notification issued by the Ministry of Finance, various services, including book-keeping, accounting, taxation, and financial ...

Central Bank of India plans offer for sale to reduce govt's stake It has shown preference for the OFS route to avoid dilution of its equity capital base while increasing the public float of shares

Rupee depriciates 1 paisa to 83.15 against US dollar in early trade The rupee slipped 1 paisa to 83.15 against the US dollar in early trade on Thursday amid rising crude oil prices and withdrawal of foreign funds. Despite a weak American currency against major overseas rivals, negative sentiment in domestic equity markets kept the Indian currency under pressure, forex ...

Employees' payment for canteen services will not attract GST: AAR GST and input tax credit applicable for company’s payment to canteen service provider not recovered from employees

Fund review: HDFC Corporate Bond Fund Fund review: HDFC Corporate Bond Fund

New provisions for partial pension withdrawal: All you need to know The PFRDA introduced rules for partial withdrawals from National Pension System, allowing subscribers to withdraw up to 25% for specified purposes, effective from February 1

Rupee ends flat, wedged between Asia FX bump, foreign banks' dollar buys The rupee closed at 83.1225 against the U.S. dollar, barely changed from its close at 83.1375 in the previous session

Indian banks seek looser liquidity conditions going ahead: Traders Banks made these suggestions to industry body Fixed Income Money Market and Derivatives Association of India (FIMMDA) on Wednesday

State Bank of India raises Rs 5,000 crore in capital via AT1 bonds Fixes coupon at 8.34%, 24 bps higher than previous offering