New Delhi [India], July 20 (ANI): The Reserve Bank of India (RBI) is working on a phased implementation of the Central Bank Digital Currency (CBDC) in both wholesale and retail segments, Ajay Kumar Choudhary, Executive Director, RBI, said on Wednesday.
New Delhi [India], July 15 (ANI/PNN): Pain medicines like opioids and steroids are a global cause of concern among physicians for the numerous adverse side effects, including the potential capacity to develop drug dependency. As a safe alternative to these medicines, CBD or cannabidiol is fa
Beijing [China], June 24 (ANI/PR Newswire): The year was 2014 when China's banking sector shook hands on a private banking license deal with the country's Big Tech giants like Alibaba and Tencent among others. This is when digital payments system including Alipay and WeChat, was born. But li
New Delhi [India], June 7 (ANI): The Central Board of Direct Taxes Chairperson Sangeeta Singh on Tuesday, has said that an issue relating to the search functionality and non-accessibility of the e-filing website has come to its notice.
New York [US], May 31 (ANI/PRNewswire): Fireblocks (www.fireblocks.com), the industry leader and award-winning digital asset and crypto technology provider, announced today it has appointed the former Head of Fintech at the Bank of England, Varun Paul, as its new Central Banking Digital Curr
New Delhi [India], May 28 (ANI): The Reserve Bank of India (RBI) on Friday said that it is proposing to adopt a graded approach to the introduction of Central Bank Digital Currency (CBDC) in conformity with the objectives of monetary policy, financial stability and efficient operations of cu
New Delhi [India], May 1 (ANI): Sangeeta Singh, a 1986 batch Indian Revenue Service (IRS) officer has been given additional charge of Chairman, Central Board of Direct Taxes (CBDT), after incumbent JB Mohapatra retired as the head of the direct taxes administration body on April 30.
Bhubaneswar (Odisha) [India], April 27 (ANI): Direct tax collections surged to Rs 14.09 lakh crore in 2021-22 registering a year-on-year growth of 49.02 per cent on the back of strong growth in mop-up from income and corporation tax, Central Board of Direct Taxes (CBDT) Chairman J B Mohapatr
New Delhi [India], March 31 (ANI): The Central Board of Direct Taxes (CBDT) has entered into 62 Advance Pricing Agreements (APA), which seeks to provide certainty to taxpayers in the field of transfer pricing through an agreement in advance, in the financial year 2021-22, the Union Finance M
New Delhi [India], March 31 (ANI): The Income Tax Department will keep a close eye on every transaction on crypto exchanges as the 30 per cent 'crypto tax' proposed in the Union Budget comes into effect from 1st April 2022.
New Delhi [India], March 30 (ANI): If an individual fails to link Permanent Account Number (PAN) with Aadhaar by March 31, 2022, then he/she will have to pay a penalty of Rs 500. After three months this penalty will be increased to Rs 1000, as per a notification issued by the Central Board o