Mumbai (Maharashtra) [India], Nov 29 (ANI-BusinessWire India): The government has increased the rate of duty credit scrips issued under the Merchandise Exports from India Scheme (MEIS) from 2 to 4 percent.
New Delhi [India], Nov 29 (ANI): Government of India on Wednesday seized of the issue of exporters complaining about delay in grant of refunds pertaining to Integrated Goods and Services Tax (IGST) paid on goods exported out of India and similarly Input Tax credit (ITC) on exports, a stateme
New York [USA], Nov 28 (ANI): Online marketplace and hospitality service provider Airbnb announced that its users can now split payments with their fellow travelers, thus reducing the burden on one traveler.
New Delhi [India], Nov 27 (ANI): Credit rating body ICRA in its report released on Monday estimated the gross non-performing assets (GNPA)s of Rs. 8.8 to 9.0 trillion (10.0-10.2 percent) to peak out by end of FY 2018, as against GNPAs of 9.5 percent (Rs. 7.65 trillion) as on March 31, 2017.
Pune [India], Nov 27 (ANI-BusinessWireIndia): Bajaj Finserv through its lending arm Bajaj Finance Ltd., offers a unique proposition - Personal Line of credit to its customer that allots a specific amount that can be withdrawn and used for any financial requirements.
New Delhi [India], Nov 23 (ANI): MoneyTap, an app-based credit line announced that it has crossed the milestone of one million user installs. With an aim to serve the lower-middle income group, MoneyTap has now lowered the annual interest rate to 13 percent (down from 15 percent).
New Delhi [India], Nov.23 (ANI): Envoys of Sweden, Nigeria and the United States presented their credentials to President Ram Nath Kovind at a ceremony held at Rashtrapati Bhavan today.
New Delhi [India], Nov 22 (ANI-NewsVoir): Home Credit India Finance Pvt. Ltd, one of India's fastest growing non-banking financial company (NBFC) and part of The Czech Republic-based Home Credit Group, has raised Rs. 1.53 billion in a first-ever securitization transaction of consumer durable
New Delhi [India], Nov 22 (ANI): Global technology company Wirecard has entered into an alliance with Capital Float to provide small retailers fast and customized loans.
New Delhi [India], Nov 21 (ANI): Credit rating agency, ICRA, on Tuesday said that it expects the growth of the Indian gross value added (GVA) at basic prices in year-on-year (YoY) terms to record a sequential recovery to 6.3 percent in Q2 FY2018 from 5.6 percent in Q1 FY2018.
New Delhi [India], Nov 21 (ANI): National Real Estate Development Council (Naredco) Chairman Rajeev Talwar on Tuesday said that a flat Goods and Services Tax (GST) rate of six percent with input tax credit for housing is a win-win situation for everybody.