IBT Business Desk

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Nestle India faces Rs 69 lakh tax penalty

Nestle India faces Rs 69 lakh tax penalty

Nestle India Limited on Wednesday announced that it has been hit with a tax penalty of Rs 69.45 lakh after the Appellate Authority upheld an earlier order issued under the Customs Act, 1962. Mar 27, 2025
Reserve Bank of India.

Revised RBI's priority sector lending norms to further boost economy: SBI report

The recent amendments in priority sector lending (PSL) guidelines by the Reserve Bank of India (RBI) should further help the economy grow faster and fine tune the building blocks of the factors of productions, mainly the MSMEs, agri and allied sectors, housing and exports, etc, a report by SBI Research said on Wednesday. Mar 26, 2025