ETF assets surge four-fold in 2 years on steady inflow from EPFO

ETF assets surge four-fold in 2 years on steady inflow from EPFO ETFs are traded on stock exchanges, with stocks, bonds or commodities as the underlying product The assets of exchange-traded funds (ETFs) have quadrupled in the past two years, on the back of steady inflow from the Employees Provident Fund Organisation (EPFO).ETFs are traded […]

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SEBI re-constitutes panel on corporate bond market

SEBI re-constitutes panel on corporate bond market Markets regulator Sebi has re- constituted its committee that suggests roadmap for developing corporate bond market in the country.The 27-member committee would now be chaired by Harun R Khan, former Deputy Governor at the Reserve Bank of India (RBI), as per the latest update with Securities and Exchange […]

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Fooling the IT returns system by using all zeros as Aadhaar number

Fooling the IT returns system by using all zeros as Aadhaar number Central Board of Direct Taxes had issued a circular, making it mandatory to provide Aadhaar or the enrolment number with IT returns for everyone Even as the government is in overdrive to get people to link their Aadhaar number with the income tax […]

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Council to take first step on bringing alcohol into Goods and Services Tax

Council to take first step on bringing alcohol into Goods and Services Tax The Goods and Services Tax (GST) Council will likely take the first step towards inclusion of alcohol in the GST during its meeting on Saturday. Despite resistance from states, extra-neutral alcohol (ENA), a key ingredient in making alcoholic beverages, or ‘alcohol for […]

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GST Council to weigh proposal to further delay rollout of e-way bill

GST Council to weigh proposal to further delay rollout of e-way bill The GST Council meeting on Saturday will also try to reach a consensus on simplifying GST returns and set GST on raw alcohol The GST Council meeting will on Saturday consider proposals to further delay rolling out the e-way bill system by about […]

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