A total of 29,273 bogus firms involved in suspected Input Tax Credit (ITC) evasion of Rs 44,015 crore have been detected since mid-May 2023, an official statement issued by the Finance Ministry said on Sunday.
Ministry of finance posed on X, "Steady growth in Direct Tax collections! Net collection in FY 2023-24 (upto 30.11.2023) is 23.4 per cent higher Year-on-Year. 58.34 per cent of Budget Estimates for FY2023-24 already achieved. #ViksitBharat #FinMinReview2023"
New Delhi [India], December 11: In a notable development for the Indian cryptocurrency sector, over two dozen digital currency service providers have registered with India's Financial Intelligence Unit (FIU). This move, directed by the country's Finance Ministry in March, marks a significant
This allocation supplements the PKR 10 billion released in July 2023, bringing the total funds disbursed for the polls to PKR 27.4 billion, as indicated by the Finance Ministry.
Good and Services Tax (GST) Revenue collection for November 2023 stands at Rs 1,67,929 lakh crore recording the highest growth rate of 15 per cent Year-on-Year, an official statement issued by the Ministry of Finance said on Friday.
Hours after the Union Finance Ministry stated that the Indian economy grew 7.6 per cent during the July-September quarter of the current financial year 2023-24, it said that India's GDP is expected to grow by 6.5 per cent in financial year 2024.
According to a press release by the Ministry of Finance, the securities to be auctioned include the '7.37 per cent Government Security 2028' with a notified amount of Rs 7,000 crore, the '7.18 per cent Government Security 2033' with a notified amount of Rs 13,000 crore, and the '7.30 per cen
GST collections for October stood at Rs 1.72 lakh crore, which is the second highest ever, according to an official statement issued by the Finance Ministry on Tuesday.
The meetings took place at the Regional Office of the National Bank for Agriculture and Rural Development (NABARD) in Chandigarh and included officials from the states of Punjab, Haryana, and the Union Territory of Chandigarh, read the Ministry of Finance press release.
Shri Badrinath-Kedarnath Temple Committee (BKTC) Chairman Ajendra Ajay on Wednesday met Union Finance Minister Nirmala Sitharaman in New Delhi and sought Finance Minister's cooperation in the work of beautification and infrastructural development of temples through Corporate Social Responsib
Nageswaran said, “The Indian government bond market is the third largest among emerging economies after China and Brazil. But we all know that the following ownership is currently less than 2 per cent, one of the lowest compared to other emerging markets”.