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Cryptocurrencies pose significant risks to financial stability: RBI Governor Shaktikanta Das

by October 26, 2024 0 In Most Recent Stories

RBI Governor Shantikanta Das warns that cryptocurrencies pose significant risks to financial and monetary stability, potentially undermining the central bank’s control over money supply and inflation. He advocates for international consensus on managing cryptocurrencies, emphasizing that private cryptocurrencies could destabilize the entire financial system. Das calls for cautious and careful handling of the crypto...

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CBDT extends ITR filing deadline for corporates till November 15

by October 26, 2024 0 In Most Recent Stories

CBDT extended the Income Tax Return deadline for the assessment year 2024-25 for corporates to November 15, 2024, addressing difficulties in electronic audit report submissions. This move aims to provide more time for compliance and reduce pressure. Additionally, a committee reviews the Income Tax Act, 1961, to simplify the law and reduce disputes.

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