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Rs 2,000 currency notes not printed in 2019-20: RBI

August 26, 2020 8:01 AM

Rs 2,000 currency notes not printed in 2019-20: RBI

Reserve Bank of India has said that it did not print currency notes of 2,000 rupee denomination in 2019-20. In its annual report, RBI said the circulation of these high denomination currency notes has been on a decline. On the other hand, the circulation of currency notes of 500 and 200 rupee denomi...

Global crude oil prices rise to 5-month high

August 26, 2020 7:53 AM

Global crude oil prices rise to 5-month high

Global crude oil prices have risen to a five-month high as US producers shut most offshore output in the Gulf of Mexico ahead of Hurricane Laura. Brent futures, the global benchmark for crude oil, rose 73 cents, or 1.6 percent, to 45.86 a barrel US dollar, while US West Texas Intermediate crude rose...

Experts call Faceless E-assessment Scheme a game changer

August 25, 2020 11:10 AM

Experts call Faceless E-assessment Scheme a game changer

The experts have called the Faceless E-assessment Scheme as a game changer and said that the new scheme will ensure uniformity in approach while putting an end to the possible harassment of honest tax payers. Addressing a webinar organized by Press Information Bureau (Western Region), Chairman, Conf...

Govt activates Aadhaar authentication for new GST registration

August 24, 2020 7:50 AM

Govt activates Aadhaar authentication for new GST registration

Government has activated Aadhaar authentication for new goods and services tax (GST) registration to enhance ease of doing business. For those opting for Aadhaar authentication, new GST registration will be issued within three working days and will not need to wait for physical verification. However...

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