Government banks wrote off Rs 2.42 lakh cr NPAs in 3 years

New Delhi :  State-run banks have written off nearly Rs 2.42 lakh crore worth of non-performing assets (NPAs), or bad loans, between April 2014 and September 2017, Parliament was told on Wednesday. Minister of State of Finance Shiv Pratap Shukla told the Rajya Sabha in a written reply that writing off is a regular exercise […]

Over 1.03 cr taxpayers registered under GST: Minister

New Delhi :  Over one crore businesses have registered under the Goods and Services Tax (GST) regime, Parliament was informed on Friday. Minister of State for Finance Shiv Pratap Shukla said this in a written reply to a question in the Lok Sabha on whether the new indirect tax regime had helped in widening the […]

‘India has accords for info on money laundering with 130 nations’

New Delhi : India has agreements with over 130 countries to obtain information related to money laundering and funding, Minister of State for Finance Shiv Pratap Shukla said on Tuesday. Agreements signed in this regard include Double Taxation Avoidance Agreement, Tax Information Exchange Agreement and Multilateral Convention on Mutual Administrative Assistance in Tax Matters, the […]