The amendments simplify provisions related to governance of Pension Funds in line with Companies Act, 2013, enhance disclosure by Pension Funds and reduce compliance, Finance Ministry said
The outlook for the Indian economy appears bright, reiterated the Ministry of Finance in its monthly economic review, supporting its argument saying prospects of healthy Rabi crop harvesting, sustained profitability in the manufacturing sector, underlying resilience in the services sector
According to a press release by the Ministry of Finance, the exchange of notes cementing this commitment took place today between Vikas Sheel, Additional Secretary of the Department of Economic Affairs, Ministry of Finance, and Suzuki Hiroshi, Ambassador of Japan to India.
The Central Goods and Services Tax (CGST), Central Excise and Customs hosted an All Chief Commissioners' Conference on use of AI and other technology needs in customs functioning and transformative approach in Customs automation at Bhopal, Madhya Pradesh.
Abu Dhabi [UAE], February 15: The United Arab Emirates (UAE) introduced a federal corporate tax law which came to effect on 1st June 2023. It applies to all businesses operating in the country, with some exceptions. The corporate tax rate is 9 per cent on taxable income exceeding AED 375,000
According to recent observations, individuals with fraudulent intentions are generating and dispatching fake summons to taxpayers, regardless of whether they are under investigation by the DGGI, read the press release by the Ministry of Finance.
The UAE Ministry of Finance (MoF) said the latest review by the Organisation for Economic Co-operation and Development (OECD) on preferential tax regimes has officially recognised the United Arab Emirates Free Zone Corporate Tax (CT) regime as 'non-harmful', underscoring the UAE's robust tax
Countering the submission made by the Union Government in its affidavit, the Kerala Government said that Central Government accounts for approximately 60 per cent of the total debt or outstanding liabilities of India.
The Directorate General of GST Intelligence (DGGI) has unveiled 1,700 fake Input Tax Credit (ITC) cases involving a sum of Rs. 18,000 crore in the current financial year up to December 2023.
Islamabad: The government and banks have decided on a plan to restructure PIA's debt, totalling Rs268 billion. The Ministry of Finance, which initially didn't want to include PIA's debt in the overall public debt, has changed its mind. Now, they agreed to use the budget to pay both the princ
According to a press release by the Ministry of Finance, this initiative aims to propel private investment in sunrise technologies, heralding what the Finance Minister described as a "golden era for our tech-savvy youth."