Arun Jaitley unveils Google Payments App "Tez": All You Need to Know

Tech giant Google on 18 September 2017 launched its Android payments app, Tez.
The app allows users to do financial transactions like sending money, receiving payments directly into their bank accounts and paying bills. The users can link the app to their bank accounts. "Using NPCI's Unified Payment Interface, money transfers are simple and secure with Tez".

Ministry of Finance should be able to infuse $27 billion into PSBs by 2019: Bank of America Merrill Lynch

The Ministry of Finance should be able to infuse $27 billion of capital into PSU banks by 2019 without breaching its fiscal deficit target, says a Bank of America Merrill Lynch (BOfAML) report.

According to the global financial services major, PSU bank capital risks are overdone and government is fully incentivised to address their asset quality to support recovery.

Update:- The country’s biggest tax reform, Goods and Services Tax (GST) Bill passed in Loksabha

Lok Sabha passes key GST bills: Understanding the tax reforms and what it means

India on 29 March 2017 created history when the Lok Sabha cleared all the four bills for the launch of the much-awaited Goods and Services Tax (GST), the country’s biggest tax reform since Independence.

Download PDF- Highlights of Union Budget 2017

   All taxpayers above 5 lakh rupees to get benefit of 12,500 rupees across the board.

   No corporate tax reduction for large companies.

   5% TDS On Insurance Agents Removed.

   A single one-page form for filing IT returns for taxable income up to 5 lakh rupees.