KSA Infomatrix

GST revamp: Group of state finance ministers for steps to eliminate fake input tax credit claims   Follow us on -  LinkedIn  - https://www.linkedin.com/in/aseem-aggarwal-1b365549/ Youtube  -  https://www.youtube.com/user/aseemaggarwal92 Twitter  -  https://twitter.com/aseem252 Blog  -  https://aseemconsult.blogspot.com/   The GoM decided to benefit from international experiences to improve compliance and reporting of B2C supplies, the official said. It was recognised that in order to improve analytics there is a need to take proper feedback from tax administrations to enable adequate learning by the systems in the place. A group of state finance ministers (GoM) on IT issues within the goods and service tax (GST) system will likely suggest a mechanism to weed out fake registrants and plug input tax credit ( ITC ) leakages. The GoM, headed by Maharashtra deputy chief minister Ajit Pawar, had its first meeting in a virtual mode on Thursday....

RBI keeps key rates unchanged! These banks offering home loans at multi-year low interest rates Follow us on -  LinkedIn  - https://www.linkedin.com/in/aseem-aggarwal-1b365549/ Youtube  -  https://www.youtube.com/user/aseemaggarwal92 Twitter  -  https://twitter.com/aseem252 Blog  -  https://aseemconsult.blogspot.com/   For most banks, the fresh home loans are based on the bank's Repo Linked Lending Rate (RLLR), also referred to as an external benchmark rate (EBR). The Reserve Bank of India (RBI) in its October 2021 bi-monthly meeting of the Monetary Policy Committee kept the repo rate unchanged at 4 per cent. The home loan and car loan borrowers paying EMIs based on the flexible interest rate will continue paying almost the same rate of interest as applicable to them currently. Most banks are currently offering home loans starting at an interest rate of around 6.5 per cent. For those looking to get a home loan to buy their home, the interest ...