Tue, Aug 22, 2023
In its Monthly Economic Review for July, the ministry said going forward, while domestic consumption and investment demand are expected to continue driving growth, enhanced provision for capital expenditure by the government in the current fiscal is now leading to crowding in of private investment.
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Fri, Mar 24, 2023
Several states like Rajasthan, Chhattisgarh, Jharkhand, Punjab, and Himachal Pradesh have already rolled out the Old Pension Scheme and discontinued the National Pension System (NPS).
Tue, Mar 21, 2023
Adhir Ranjan Chowdhury also urges the Centre to empower all local and sub post offices to help people get their PAN card linked with their Aadhaar card free of cost
Tue, Jan 10, 2017
CPSE ETF was launched in March 2014 comprising 10 PSUs.
Mon, Jan 09, 2017
With a goal to meet the government's aim of meeting April 1 deadline for implementing GST across India, the CBEC has initiated the process of migration of its existing central excise and service tax assesses to the new tax regime with effect from Monday.
Foreign brokerage HSBC on Monday projected sharply lower growth numbers for the year at 6.3%, way lower than the official CSO estimate of 7.1% for 2016-17.
Fri, Jan 06, 2017
The Directorate of Revenue Intelligence (DRI), which comes under Ministry of Finance, has busted hawala racket and seized foreign currencies worth Rs 1 crore at the Indira Gandhi International (IGI) Airport in New Delhi on Thursday.
With less than a month remaining for budget presentation, Finance Ministry today invited suggestions from Twitterati on what should be the focus of the Budget for 2017-18 to be unveiled on February 1.
Thu, Jan 05, 2017
Finance Minister Arun Jaitley on Thursday said that even though the global economy is weak, India appears to be much better placed at present on the back of improvement in its macro-economic fundamentals.
Wed, Jan 04, 2017
Expenditure Finance Commission (EFC) under the Ministry of Finance cleared 29 proposals of various ministries involving expenditure of about Rs 2.11 lakh crore during the last year.
Tue, Jan 03, 2017
The total realization of Rs 21,432.38 crore, by end-November 2016 through CPSEs’ disinvestment receipts.
Sun, Jan 01, 2017
The government sanctioned over Rs 70,000 crore loans to over 2 crore borrowers including women entrepreneurs under its Pradhan Mantri Mudra Yojana (PMMY) scheme in the fiscal year 2016-17 (FY17).
Fri, Dec 30, 2016
In this amended treaty signed today Singaporean investors will no longer benefit from tax exemptions on capital gains taxes.
WPI inflation declined to (-) 2.5% in 2015-16 from 2% in 2014-15.
Thu, Dec 22, 2016
On November 29, the Lok Sabha had passed by a voice vote a bill to amend the income tax laws.
Wed, Dec 21, 2016
Currently, no tax is charged up to income of Rs 2.5 lakh per year.
Tue, Dec 20, 2016
The cost of going digital for small businesses, SMEs and MSMEs are borderline prohibitive. This is the reason why even as the Government is giving incentives for businesses to go digital, some small players are skeptical.
Mon, Dec 19, 2016
For the income between Rs 10 lakh to Rs 15 lakh, the tax rate is likely to be 20% as per the new proposal.
Till now, the Government had allowed citizens to allow as much in their bank accounts.
Fri, Dec 16, 2016
The Ministry said that while the searches have been carried out in 291 cases across the country, 295 cases have been covered by survey action.
The declarations made under the Scheme will not be admissible as evidence under any Act.
Wed, Dec 14, 2016
The release said that since notification of the GST Council on September 12, six meetings of the Council have been held till now.
After Thursday midnight, Rs 500 notes would no longer be allowed to be used for the list of exemptions the government had announced.
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