NRIPage | Articles | #loan-interest-rates | Get Latest Political & Global Updates, Sports News, Latest National & International NRI News in India, USA & other countries around the world

Panel Proposes New GST Rates for Sin Goods and Other Adjustments

A panel of state ministers has recommended changes to the Goods and Services Tax (GST) structure, specifically targeting sin goods, including tobacco products, aerated beverages, and luxury cars. These goods are currently taxed at the highest 28% GST rate, along with an additional cess. The proposal, which is part of a rate rationalisation report, is set to be presented before the GST Council in its upcoming meeting later this month. The Group of Ministers (GoM), led by Bihar Deputy Chief Min

Finance & Economics

03 Dec 2024 04:55 AM 1.2k views

Panel Proposes New GST Rates for Sin Goods and Other Adjustments

A panel of state ministers has recommended changes to the Goods and Services Tax (GST) structure, specifically targeting sin goods, including tobacco products, aerated beverages, and luxury cars. These goods are currently taxed at the highest 28% GST rate, along with an additional cess. The proposal, which is part of a rate rationalisation report, is set to be presented before the GST Council in its upcoming meeting later this month. The Group of Ministers (GoM), led by Bihar Deputy Chief Min

Finance & Economics

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

The Reserve Bank of India’s Monetary Policy Committee (MPC) is expected to maintain the status quo on the benchmark repo rate at 6.5% in its upcoming meeting from December 4 to 6. Despite India's GDP growth slowing to 5.4% in the July-September quarter, economists suggest that inflation concerns will likely take precedence, making a rate cut unlikely in December. Retail inflation rose to 6.2% in October, exceeding the RBI’s target range of 2-6%. Though a repo rate cu

Finance & Economics

02 Dec 2024 10:09 AM 1.54k views

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

The Reserve Bank of India’s Monetary Policy Committee (MPC) is expected to maintain the status quo on the benchmark repo rate at 6.5% in its upcoming meeting from December 4 to 6. Despite India's GDP growth slowing to 5.4% in the July-September quarter, economists suggest that inflation concerns will likely take precedence, making a rate cut unlikely in December. Retail inflation rose to 6.2% in October, exceeding the RBI’s target range of 2-6%. Though a repo rate cu

Finance & Economics

Andhra Pradesh Government Cracks Down on Loan Apps Culture

The government of Andhra Pradesh, under the leadership of the NDA camp, is addressing pressing issues left by the previous administration, including the growing loan app culture. These loan apps are increasingly becoming a threat to the public, with many individuals falling victim to their deceptive practices. In a significant statement in the Assembly, Home Minister Anitha spoke out about the severe consequences of loan apps, which initially attract users by offering easy loans wit

Political News

21 Nov 2024 08:17 AM 1.43k views

Andhra Pradesh Government Cracks Down on Loan Apps Culture

The government of Andhra Pradesh, under the leadership of the NDA camp, is addressing pressing issues left by the previous administration, including the growing loan app culture. These loan apps are increasingly becoming a threat to the public, with many individuals falling victim to their deceptive practices. In a significant statement in the Assembly, Home Minister Anitha spoke out about the severe consequences of loan apps, which initially attract users by offering easy loans wit

Political News

Andhra Pradesh Leads India in Borrowing: Insights from the 2022-23 Survey

In a recent report by the Union Ministry of Statistics, Andhra Pradesh has been highlighted as the state with the highest number of borrowers in India, averaging 60,092 loans per 100,000 individuals during the 2022-23 period. This significant figure places it well ahead of Telangana and Tamil Nadu, which have borrowing rates of 42,407 and 35,703, respectively. The data reveals a slight gender disparity, with men (60,144) slightly outnumbering women (60,043) among those classified as

Political News

03 Nov 2024 03:39 AM 1.15k views

Andhra Pradesh Leads India in Borrowing: Insights from the 2022-23 Survey

In a recent report by the Union Ministry of Statistics, Andhra Pradesh has been highlighted as the state with the highest number of borrowers in India, averaging 60,092 loans per 100,000 individuals during the 2022-23 period. This significant figure places it well ahead of Telangana and Tamil Nadu, which have borrowing rates of 42,407 and 35,703, respectively. The data reveals a slight gender disparity, with men (60,144) slightly outnumbering women (60,043) among those classified as

Political News

RBI Bars Four NBFCs from Disbursing Loans Over High Interest Rates

The Reserve Bank of India (RBI) has taken a significant step by barring four non-banking financial companies (NBFCs) from sanctioning and disbursing loans starting October 21. The companies affected include Asirvad Micro Finance, Navi Finserv, Arohan Financial Services, and DMI Finance. This action comes in light of serious supervisory concerns related to high lending rates and non-compliance with regulatory standards. In a press release, the RBI emphasized its ongoing commitment to

Business

17 Oct 2024 19:20 PM 1.25k views

RBI Bars Four NBFCs from Disbursing Loans Over High Interest Rates

The Reserve Bank of India (RBI) has taken a significant step by barring four non-banking financial companies (NBFCs) from sanctioning and disbursing loans starting October 21. The companies affected include Asirvad Micro Finance, Navi Finserv, Arohan Financial Services, and DMI Finance. This action comes in light of serious supervisory concerns related to high lending rates and non-compliance with regulatory standards. In a press release, the RBI emphasized its ongoing commitment to

Business

Articles

Iran deploys security forces to universities amid growing student protests

Why Middle-Class Indians Prefer Buying Property in Dubai Over India

Gautam Gambhir's Straight-Talking Advice: How a One-Match Insight Transformed a Player's Philosophy

FDA Seizes Fake Medicines Worth Rs 1.85 Crore in Maharashtra Raids

Protest group installs Trump-Epstein birthday card display near U.S. Capitol

San Jose Police Use AI to Communicate Safety Messages in Multiple Languages

Gilli Nata wins Bigg Boss Kannada 12, gets ₹60 lakh prize and SUV after grand finale

Exploring 3D Animation Software: A Comparative Analysis

Jonathan Joss, known for King of the Hill, fatally shot in Texas altercation

Over 500 Indians Rescued from Fake Job Scam in Myanmar and Thailand

#loan-interest-rates

Panel Proposes New GST Rates for Sin Goods and Other Adjustments

Panel Proposes New GST Rates for Sin Goods and Other Adjustments

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

Andhra Pradesh Government Cracks Down on Loan Apps Culture

Andhra Pradesh Government Cracks Down on Loan Apps Culture

Andhra Pradesh Leads India in Borrowing: Insights from the 2022-23 Survey

Andhra Pradesh Leads India in Borrowing: Insights from the 2022-23 Survey

RBI Bars Four NBFCs from Disbursing Loans Over High Interest Rates

RBI Bars Four NBFCs from Disbursing Loans Over High Interest Rates

Iran deploys security forces to universities amid growing student protests

Why Middle-Class Indians Prefer Buying Property in Dubai Over India

Gautam Gambhir's Straight-Talking Advice: How a One-Match Insight Transformed a Player's Philosophy

FDA Seizes Fake Medicines Worth Rs 1.85 Crore in Maharashtra Raids

Protest group installs Trump-Epstein birthday card display near U.S. Capitol

San Jose Police Use AI to Communicate Safety Messages in Multiple Languages

Gilli Nata wins Bigg Boss Kannada 12, gets ₹60 lakh prize and SUV after grand finale

Exploring 3D Animation Software: A Comparative Analysis

Jonathan Joss, known for King of the Hill, fatally shot in Texas altercation

Over 500 Indians Rescued from Fake Job Scam in Myanmar and Thailand

Popular Cities

Sign In

Iran deploys security forces to universities amid growing student protests

Why Middle-Class Indians Prefer Buying Property in Dubai Over India

Gautam Gambhir's Straight-Talking Advice: How a One-Match Insight Transformed a Player's Philosophy

FDA Seizes Fake Medicines Worth Rs 1.85 Crore in Maharashtra Raids

Protest group installs Trump-Epstein birthday card display near U.S. Capitol

San Jose Police Use AI to Communicate Safety Messages in Multiple Languages

Gilli Nata wins Bigg Boss Kannada 12, gets ₹60 lakh prize and SUV after grand finale

Exploring 3D Animation Software: A Comparative Analysis

Jonathan Joss, known for King of the Hill, fatally shot in Texas altercation

Over 500 Indians Rescued from Fake Job Scam in Myanmar and Thailand

#loan-interest-rates

Panel Proposes New GST Rates for Sin Goods and Other Adjustments

Panel Proposes New GST Rates for Sin Goods and Other Adjustments

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

RBI to Hold Repo Rate, May Cut CRR Amid Slower Growth and High Inflation

Andhra Pradesh Government Cracks Down on Loan Apps Culture

Andhra Pradesh Government Cracks Down on Loan Apps Culture

Andhra Pradesh Leads India in Borrowing: Insights from the 2022-23 Survey

Andhra Pradesh Leads India in Borrowing: Insights from the 2022-23 Survey

RBI Bars Four NBFCs from Disbursing Loans Over High Interest Rates

RBI Bars Four NBFCs from Disbursing Loans Over High Interest Rates

Iran deploys security forces to universities amid growing student protests

Why Middle-Class Indians Prefer Buying Property in Dubai Over India

Gautam Gambhir's Straight-Talking Advice: How a One-Match Insight Transformed a Player's Philosophy

FDA Seizes Fake Medicines Worth Rs 1.85 Crore in Maharashtra Raids

Protest group installs Trump-Epstein birthday card display near U.S. Capitol

San Jose Police Use AI to Communicate Safety Messages in Multiple Languages

Gilli Nata wins Bigg Boss Kannada 12, gets ₹60 lakh prize and SUV after grand finale

Exploring 3D Animation Software: A Comparative Analysis

Jonathan Joss, known for King of the Hill, fatally shot in Texas altercation

Over 500 Indians Rescued from Fake Job Scam in Myanmar and Thailand

Popular Cities