Search For "finance ministry"
GST compensation: 21 states prefer borrowing option 1, no takers yet for o
Updated : 5 years, 6 months ago IST
New Delhi [India], September 20 (ANI): On the issue of Goods and Services Tax compensation, at least 21 States/Union Territories till date have preferred to opt for borrowing option 1 proposed by the GST Council to meet their compensation shortfall, said the Finance Ministry sources on Sunda
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Customs duty on 'Open Cell' from Oct 1, manufacturing capacity must for do
Updated : 5 years, 6 months ago IST
New Delhi [India], September 20 (ANI): The customs duty at the rate of 5 per cent shall apply on Open Cell, a key component for television manufacturing, from October 1, 2020, as the customs duty exemption given to Open Cell for a period of one year will end on September 30.
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Income Tax Department carries out search, seizure operations in J-K
Updated : 5 years, 6 months ago IST
New Delhi [India], September 17 (ANI): Officials of the Income Tax Department carried out a search and seizure operation on a prominent hotelier who owns a chain of hotels in Srinagar, Gulmarg, Sonamarg and Pahalgam with another hotel under construction at Leh, in Jammu and Kashmir on Thursd
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13 States opt for Centre's borrow plan to fund GST shortfall
Updated : 5 years, 6 months ago IST
New Delhi [India], September 13 (ANI): At least 13 states have given their borrowing options proposed by Goods and Services Tax (GST) Council to meet their compensation shortfall so far.
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Rs 30,000 cr Special Liquidity Scheme under Atmanirbhar Bharat package: Fi
Updated : 5 years, 6 months ago IST
New Delhi [India], September 13 (ANI): The Union Ministry of Finance informed that an amount of Rs 30,000 crore Special Liquidity Scheme has been progressed for non-banking, housing finance companies and Monetary Financial Institutions (MFI) as part of the Atmanirbhar Bharat package.
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Assistance given by Centre to poor insufficient, says Chidambaram
Updated : 5 years, 6 months ago IST
New Delhi [India], September 10 (ANI): Congress leader P Chidambaram on Wednesday took a dig at the government over the quantum of relief given to the poor during COVID-19 crisis and also said that money given under PMGKP (Pradhan Mantri Garib Kalyan Package) could not have acted as a 'stimu
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FM Nirmala Sitharaman unveils Doorstep Banking Services
Updated : 5 years, 6 months ago IST
New Delhi [India], September 10 (ANI): Union Finance Minister Nirmala Sitharam inaugurated Doorstep Banking Services by Public Sector Banks (PSBs) on Wednesday, which will provide the convenience of banking services to the customers at their doorsteps.
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No restriction or ban on filling up of govt posts: Finance Ministry
Updated : 5 years, 6 months ago IST
New Delhi [India], September 5 (ANI): There is no restriction or ban on filling up of posts in Government of India. Normal recruitments through government agencies like Staff Selection Commission, UPSC, Railway Recruitment Board, etc will continue as usual without any curbs, said Ministry of
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Don't transfer burden of GST compensation to states, Kerala CM urges PM
Updated : 5 years, 6 months ago IST
Thiruvananthapuram (Kerala) [India], Sept 2 (ANI): In a letter, Kerala Chief Minister Pinarayi Vijayan on Wednesday urged Prime Minister Narendra Modi to advise the union finance ministry not to go ahead with plans of transferring the burden of GST compensation to the states.
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Options given for bridging GST revenue shortfall will put onerous burden o
Updated : 5 years, 6 months ago IST
New Delhi [India], September 1 (ANI): Delhi Chief Minister Arvind Kejriwal on Tuesday wrote a letter to Prime Minister Narendra Modi stating that the two options that have been given to states by the Finance Ministry to make up for shortfall in the goods and services tax (GST) compensation c
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Gross GST collection in August at Rs 86,449 crore: Finance Ministry
Updated : 5 years, 6 months ago IST
New Delhi [India], September 1 (ANI): The gross Goods and Services Tax (GST) revenue collected in the month of August is Rs 86,449 crore, including Rs 15,906 crore in CGST, Rs 21,064 crore in SGST, Rs 42,264 crore in IGST and and Rs 7,215 crore in Cess, the Union Ministry of Finance said on
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Finance Ministry advises banks not to levy charges on electronic transacti
Updated : 5 years, 7 months ago IST
New Delhi [India], Aug 30 (ANI): The Union Ministry of Finance has advised all the banks not to collect any charges on transactions or payments made through electronic mode, the Central Board of Direct Taxes (CBDT) said in a statement on Sunday.
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