Shrimi Choudhary
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Rs 10,978 Crore Real-Estate Transactions Under Tax Lens Across Five Border States | Profit Exclusive
Uttar Pradesh accounts for Rs 4,081 crore of property transactions flagged for compliance gaps, the highest among the five states.
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Exclusive | Tax Dept Probes 394 'Paper' Firms Over Rs 1.29 Lakh Crore Foreign Remittances
The probe comes after data showed 6,422 entities remitted Rs 1.29 lakh crore abroad in Q2 FY26. A significant 72.3% of the total outflow went to five jurisdictions—Singapore, UAE, Hong Kong, Mauritius and China.
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PSBs To Offer No-Frills Accounts To Youth Without Charges, FM Sitharaman Says
Sitharaman announced a month-long "Banking for Youth" campaign set to be launched by PSBs from October 2, catering to those aged 16 and above as well as young professionals.
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Gen-Z Blueprint: DFS Lays Out Roadmap For Youth-Centric Public Sector Banks
The DFS has also called for a "catch them young" approach, with banks encouraged to establish long-term relationships with customers from an early stage of their financial lives.
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RBI Special Window: FCNR(B) Inflows Could Have Crossed $100 Billion By Sept 30
If forex liquidity conditions warrant additional dollar inflows in the future, the RBI can reintroduce a similar facility.
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Monsoon Session Wrap: 11 Key Bills Passed, FCRA Amendment Deferred To Joint Committee
Taxation amendment and anti-paper leak bills were among the most significant pieces of legislation cleared during the session.
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'Tata Group Bigger Than Any Individual': N Chandrasekaran In Farewell Address To Staff
"It has been a good journey spanning 40 years," Chandrasekaran told staff, according to sources, while underscoring that the Tata Group's legacy extends beyond any one leader.
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Newsbreak Confirmed! RBI Governor Says Polymer Currency Notes Likely To Be Launched By FY28
The RBI Governor's comments confirmed NDTV Profit's newsbreak on July 17 when official sources told the channel about the first pilot rollout.
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Tax Amendment Bill 2026 Aims To Boost Manufacturing, Simplify Compliance And Attract Global Investment
The proposed amendments are expected to improve the ease of doing business by introducing simpler tax rules and streamlining compliance processes.
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FinMin Tables Tax Amendment Bill In Parliament, Paves Way For MDR In UPI Taxations
Under current laws, banks and payment system providers are strictly barred from levying a Merchant Discount Rate (MDR) on transactions routed through UPI and RuPay debit cards. The new Bill, however, scraps this statutory "zero-MDR" provision.
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Merchant Charges On Digital Payments May Be Back As Centre Set To Amend Zero-MDR Policy
The current framework for zero MDR will be replaced with a notification-based mechanism. The amendment will empower the Central Government to notify the digital payment modes that will continue to enjoy exemption from MDR.
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Nifty-Sensex Divergence: 'No Technical Glitch', Final Numbers Driven By Market Forces, Say Sources
The final market closing numbers were purely driven by market forces and reflected the actual demand-supply gap in the system, the sources said.
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Govt Set To Unveil Sweeping Tax, Digital Payments Overhaul Soon
Finance Minister Nirmala Sitharaman is likely to move the Tax Amendment Bill, 2026 along with additional tax measures in Lok Sabha early this week.
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Gross GST Collection Kitty Surges 15.4% To Over Rs 2.11 Lakh Crore In July
Gross GST collections in July rose 15.4% to over Rs 2.11 lakh crore, driven by increased revenues from domestic transactions and imports.
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Cabinet Likely To Clear Rs 84,000 Crore Deep-Sea Oil & Gas Exploration Plan, Say Sources
The Cabinet is likely to approve an Rs 84,000 crore deep-sea oil and gas exploration programme aimed at boosting domestic production and reducing import dependence.
