Direct Tax Statistics

Direct Tax Statistics Context: The Central Board of Direct Taxes (CBDT) has released significant direct tax statistics through comprehensive time-series data. Relevance: GS-03 (Economy) Details: CBDT has now published Consolidated Time-Series data updated until F.Y. 2022-23. Here are some key highlights from these statistics: Net […]

The Paytm Payments Bank debacle

The Paytm Payments Bank debacle Context: The Reserve Bank of India (RBI) has dealt a significant blow to Paytm’s subsidiary, Paytm Payments Bank Ltd (PPBL), by prohibiting further deposits and transactions due to persistent non-compliances and supervisory concerns. This editorial analyzes the implications of RBI’s […]