GST Council proposes 2% TDS on scrap deals
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GST Council proposes 2% TDS on scrap deals
The proposed levy covers plastic waste, discarded tyres, electrical and electronic scrap, and used cooking oil. Under the framework, registered buyers will have to deduct TDS when purchasing from registered suppliers and pay GST under RCM on purchases from unregistered sellers, even when the latter»»»
RBI raises banks' daily minimum CRR maintenance requirement to 99% from 90%
New Delhi [India], October 9 (ANI): The Reserve Bank of India (RBI) has increased the minimum daily Cash Reserve Ratio (CRR) maintenance requirement for scheduled banks to 99 per cent from the existing 90 per cent, effective from the fortnight beginning October 16, 2026.The decision, announced in a»»»
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