Dream11 Challenges Massive GST Evasion Notice in Bombay High Court Dream11, India’s leading fantasy sports platform, has challenged a show-cause notice issued by the tax authorities alleging GST evasion of a staggering INR 40,000 crores. The company has filed a writ petition in the Bombay High Court, seeking to contest the notice and its claims… (0 comment)

RBI Update – RBI Empowers Cardholders to Choose Their Preferred Network The Reserve Bank of India (RBI) has taken a significant step by introducing a draft circular that allows debit,  credit, and prepaid card users to select their preferred card network. This move challenges the current practice of predetermined card network options and aims to… (0 comment)

MRF Stock Price Surpasses Rs 1, Lakh Milestone and become lakhtakia  MRF, the renowned tire manufacturer, witnessed a significant surge in its share price, surpassing the Rs 1 lakh mark. Initially reaching a historic high of Rs 1,00,439.95, the share price later retreated below the Rs 1 lakh level. The driving force behind MRF’s soaring… (0 comment)

The Reserve Bank of India (RBI) has requested credit rating firms to identify companies that are withholding important information necessary to assess a borrower’s creditworthiness. This move by the country’s central bank aims to understand the extent of the issue and gather specific details. RBI’s Concern and Information Requirements The RBI is keen to know… (0 comment)

The Reserve Bank of India (RBI) has announced its decision to withdraw the ₹2000 denomination banknotes from circulation, while still maintaining their legal tender status. Effective immediately, banks have been instructed to cease issuing ₹2000 notes. RBI withdraws ₹2000 note from circulation Introduced in November 2016 to address the currency requirement after the withdrawal of… (0 comment)

The Life Insurance Company of India has introduced a new LIC Dhan Varsha plan effective October 17, 2022,  which is an unlinked,  non-participating, individual, savings and group premium life insurance plan that offers a combination of security and ‘ to save. LIC Dhan Varsha Plan Launched This plan provides financial support for the family in… (0 comment)