RBI forms panel to boost stakeholder role in regulations

MUMBAI: RBI said it has formed an independent panel to strengthen the stakeholder engagement in regulatory process and leverage industry expertise on a continued basis. The independent advisory group on regulation (AGR) has been formed, comprising external experts, to channel industry feedback into periodic review of regulations through regulatory review cell (RRC). SBI MD Rana…

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Finance minister notifies revised CGST rates

Nirmala Sitharaman (File photo) NEW DELHI: The Union finance ministry has notified Central GST (CGST) tax rates for goods, which will be effective from Sept 22. States will now have to follow suit and notify the State GST (SGST) rates to be levied on goods and services beginning Monday. Under GST, the revenues are shared…

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