Aggregate provisioning for NPAs increases in Dec qtr led by PSUs: Report
The total money allocated for bad loan provisioning increased in the third quarter of the current financial year, mainly on account of the PSU banks which focused on improving the provisioning coverage ratio (PCR), sequentially, media reports said.
COVID-19 economic impact: CII bats for an immediate stimulus package of Rs 15 lakh crore
New Delhi/IBNS: Top industry body The Confederation of Indian Industry (CII) on Friday said a stimulus package of Rs 15 lakh crore is needed to tackle the impact of a prolonged lockdown on the country's economy.
Equalisation levy for specific digital services comes into effect from June 1
New Delhi, May 31 (IBNS) The equalisation levy, dubbed the 'google tax', introduced by the Union government in the latest Budget, comes into effect from Wednesday, June 1, according to media reports.