The Income Tax Department carried out a nationwide verification exercise on restaurants regarding turnovers, revealing a suppression of sales amounting to approximately Rs 408 crore. According to a Ministry of Finance press statement, the investigation targeted tax evasion patterns within th
Reflecting a vision that ranges from inclusive development to a just governance system, Uttarakhand Chief Minister Pushkar Singh Dhami, who also holds the finance portfolio, presented the state budget on Monday with a balanced approach based on eight core principles 'SANTULAN'.
Himachal Pradesh Public Works and Urban Development Minister, Vikramaditya Singh, on Monday informed that the Union Ministry of Finance has approved the extension for completion of pending works under PMGSY-I in the remote Dodra Kwar area of Shimla district up to 31 March 2027.
New Delhi [India], March 9: India is the world's fifth-largest economy, home to one of the fastest-growing middle classes on the planet. And yet, a staggering 73% of its population remains financially illiterate. Millions of Indians earn money, spend money, and work their entire lives - with
The Iran conflict could raise additional challenges for some emerging market sovereigns, including India, as far as energy imports, remittances, fiscal subsidies, exchange rates and access to international finance are concerned, said Fitch Ratings.
Mumbai (Maharashtra) [India], March 9: NetZero Finance Private Limited (NFPL), the financing arm of Aerem Solutions Private Limited (ASPL), today announced that CARE Ratings Ltd. has assigned a long-term rating of CARE BBB Stable and a short-term rating of CARE A3 to its bank facilities wort
Compared to the previous year, the size of the budget for the financial year 2026-27 is estimated to increase by about 10 percent, reaching approximately ₹1.11 lakh crore.
Amid the developing security situation in West Asia, Pakistan could see its monthly oil import bill soar to a whopping USD 600 million, the country's Finance Minister Muhammad Aurangzeb said on Sunday, as reported by Dawn. Already reeling under economic stress, the country's Petroleum Min
"A scheme has been announced providing Rs 1,000 per month for women in the General category and Rs 1,500 for women from the Scheduled Castes and backward classes," Mann told the media.
Punjab Finance Minister Harpal Singh Cheema on Sunday presented the fifth state budget in the assembly, coinciding with International Women's Day and said that the government has focused on every section of society in the last four years.
"This is shameful and unprecedented. Everyone who believes in democracy and the empowerment of tribal communities is disheartened. The pain and anguish expressed by Rashtrapati Ji, who herself hails from a tribal community, has caused immense sadness in the minds of the people of India,"