Tag: Trust
Over 50% of Individuals Receive Refunds in a Month
(This story originally appeared in on Nov 23, 2023) New Delhi: More than half the individuals and 45% of businesses received income tax refunds within…
fldg: RBI rules on FLDG could give lending fillip to fintechs
The Reserve Bank of India (RBI) is all set to allow fintechs to take first loss default guarantee on loans, a move that will see…
Arya.ag announces partnership with Shivalik Small Finance Bank to drive farmers’ financial inclusion
Grain commerce platform Arya.ag on Thursday announced a strategic partnership with Shivalik Small Finance Bank. With this business correspondent model partnership, Arya.ag, will further its…
Indinfravit Funding: Indinfravit to raise Rs 4,320 cr from CPPIB, OMERs
The board of Indinfravit, an infrastructure investment trust (InvIT), has approved a proposal to raise Rs 4,320 crore from Canadian pension investors, the Canada Pension…
Founders Stock Options: Sebi looks to plug gaps allowing founders to own stock options
India’s capital markets regulator is planning to change its rules to address concerns around founders and family members of tech or app-based startups owning shares…
DBT india: Centre saved $27 bn in schemes using DBT method, says Economic Affairs Secy
India saved over USD 27 billion in key central government schemes through direct benefit transfer as it is swift and eliminates corruption, Ajay Seth, Secretary…
cbdt: CBDT nod 3 new electoral trusts; 15 others get renewal
The Central Board of Direct Taxes has given approval to three new electoral trusts and renewed approval for 15 others. The CBDT has issued an…