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Dr. Bhagwat Karad, Union Minister of State for Finance, today urged bankers to focus on banking the unbanked, securing the unsecured, and funding the unfunded.

Banks should work towards Banking the Unbanked: Dr Bhagwat Karad

NFRA has imposed a Rs.300,000 penalty on statutory auditor of now-de-listed company SRS Ltd, as well as a three-year ban on undertaking statutory or internal audits of any company, for alleged professional misconduct and lapses in the company's FY18 audit.

Professional Misconduct: NFRA imposed Fine and Ban on Auditors for lapses in SRS Ltd. Audit

The Reserve Bank of India (RBI) has imposed a monetary penalty of Rs.2.00 lakh on Baran Nagrik Sahkari Bank Ltd.

RBI imposed Monetary Penalty on Sahkari Bank; Know Why?

The Uttarakhand GST Department discovered Rs.5 crore in GST evasion during searches in Kashipur on two enterprises engaged in the'recycle' of old batteries and two transport companies supplying goods services to them.

GST Evasion: GST Dept. raids on Companies in Uttarakhand; Detects Tax Fraud of Rs.5 crores availing Fake ITC

With over Rs 1 lakh crore in GST evasion found in the financial year ending March 31, DGGI has increased efforts to catch evasion at the start so that compliance improves.

GST Evasion of Crores: Tax Collectors use Data Analytics to find missing link in Supply Chain

The Goods and Services Tax Network (GSTN) has issued an advisory on the new functionality for Bank Account Validation on official portal of GST.

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Banks should work towards Banking the Unbanked: Dr Bhagwat Karad

Professional Misconduct: NFRA imposed Fine and Ban on Auditors for lapses in SRS Ltd. Audit

RBI imposed Monetary Penalty on Sahkari Bank; Know Why?

GST Evasion: GST Dept. raids on Companies in Uttarakhand; Detects Tax Fraud of Rs.5 crores availing Fake ITC

GST Evasion of Crores: Tax Collectors use Data Analytics to find missing link in Supply Chain

GSTN Advisory: Enables New Functionality of Bank Account Validation on GST Portal