New Delhi [India], December 9 (ANI): The Finance Ministry has released the weekly installment of Rs 6,000 crores to the states to meet the Goods and Services Tax (GST) compensation shortfall.
New Delhi [India], December 3 (ANI): The central government on Thursday said that all states except Jharkhand and three union territories with legislative assemblies have chosen option-1 to meet the revenue shortfall arising out of GST implementation.
New Delhi [India], November 2 (ANI): The Central Board of Direct Taxes (CBDT) on Wednesday issued refunds of over Rs 1,40,210 crore to more than 59.68 lakh taxpayers between April 1, 2020 to December 1, 2020, said Income Tax Department.
New Delhi [India], November 27 (ANI): In financial year (FY) 2020-21, against the capital expenditure (CAPEX) target of Rs 61,483 crore for 10 Central public sector enterprises (CPSEs) belonging to Ministries of Power, Mines and Department of Atomic Energy, the achievement was Rs Rs 24,227 c
New Delhi [India], November 17 (ANI): The Fifteenth Finance Commission, led by Chairman NK Singh, submitted its report for the period 2021-22 to 2025-26 to the Finance Minister Nirmala Sitharaman, an official statement said here on Tuesday.
New Delhi [India], November 16 (ANI): The Department of Investment and Public Asset Management (DIPAM) has signed an agreement with World Bank under which the bank will provide advisory services to the department for asset monetization.
New Delhi [India], November 13 (ANI): The Union Finance Ministry has decided to launch a micro-site on MyGov platform to receive ideas for the annual budget 2021-22 from various stakeholders.
New Delhi [India], November 12 (ANI): The officers of Central Goods and Services Tax (CGST) Delhi South Commissionerate, have busted a firm involved in availing benefits from bogus invoices.
New Delhi [India], November 4 (ANI): The Central Board of Direct Taxes (CBDT) has so far issued over Rs 1,29,190 crores in refunds to over 39.49 lakh taxpayers from April till November 3, stated the Income Tax Department on Wednesday.
New Delhi [India], November 3 (ANI): The Ministry of Finance on Tuesday clarified that public sector banks (PSBs) have intimated they are not going to raise bank charges in the near future in view of the COVID-19 pandemic.
New Delhi [India], November 3 (ANI): Abu Dhabi's Sovereign Wealth Fund (SWF) -- MIC Redwood 1 RSC Limited -- became the first foreign SWF to be notified and granted 100 per cent income tax exemption for long term investments to be made in specified priority sectors, the Union Finance Ministr