Search For "ministry of finance"
GST revenue collection rises 12 pc Year-on-Year to Rs 1.61 lakh crore in J
Updated : 3 years ago IST
The gross goods and services tax (GST) revenue collection of India in the month of June stood at Rs 1,61,497 crore, 12 per cent higher than the revenue collected in the same month last year, the Ministry of Finance said on Saturday.
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CGST Delhi busts input tax credit nexus of over Rs 50 cr; 1 held
Updated : 3 years ago IST
Officials at the CGST Delhi West Commissionerate have busted a fake GST invoice nexus and found multiple firms accumulated ineligible 'input tax credit' of more than Rs 50 crores.
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Rs 1.4 lakh cr incentive available in 2023-24 for States' power sector ref
Updated : 3 years ago IST
The additional borrowing window for states was announced by the Union Finance Minister Nirmala Sitharaman in Union Budget 2021-22. Under the initiative, an additional borrowing space of up to 0.5 per cent of the Gross State Domestic Product (GSDP) is available to the States annually for a fo
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Multi-state tax fraud syndicate involving Rs 1,047 cr busted, mastermind a
Updated : 3 years ago IST
In a release, the Ministry of Finance said the syndicate was operating 569 fake firms and through them created huge fraudulent Input Tax Credit of Rs 1,047 crore.
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Centre approves Rs 56,415 cr for states under 2023-24 capital investment s
Updated : 3 years ago IST
Union finance ministry has approved capital investment proposals of Rs 56,415 crore in 16 states in the current financial year 2023-24. Approval has been given under the 'Special Assistance to States for Capital Investment 2023-24' scheme.
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Sitharaman meets her France counterpart, exchanges views on G20 deliverabl
Updated : 3 years ago IST
The Ministers exchanged views on key G20 deliverables under India's G20 Presidency, including strengthening multilateral development banks and managing debt vulnerabilities, among other issues, the Ministry of Finance Tweeted.
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Centre rubbishes media report on possible tweak in pension system, says no
Updated : 3 years ago IST
"The committee, set up under the chairmanship of the Finance Secretary in pursuance of an announcement made by the Union Finance Minister in the Lok Sabha in the last Budget Session, is at present in the midst of its deliberations and is in the process of consulting stakeholders," the Fin
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Star-Studded Event Marks Grand Release of 'Apni Mohabbat' Album as Celebri
Updated : 3 years ago IST
New Delhi [India], June 16: The grand release event of the music video 'Apni Mohabbat' produced by Filmgiants Private Limited concluded on 15th June in Delhi. The occasion was graced by renowned personalities from India and abroad, who gathered to congratulate film actor Rajveer Sharma and w
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Delhi Air Cargo Customs incinerates over 69 kg drugs
Updated : 3 years, 1 month ago IST
The Air Cargo (Exports) Customs, Delhi, on Tuesday destroyed 69.876 kg drugs covered under Schedule to the NDPS Act, 1985, at the Centralised Bio-Medical Waste Treatment Facility operated by SMS Watergrace BMW Pvt. Ltd., said the Ministry of Finance.
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Ministry of Finance participates in 10th Global Forum Competent Authoritie
Updated : 3 years, 1 month ago IST
More than 160 specialists from 77 countries attended the conference to share their practical experiences in the exchange of information for tax purposes on request (EOIR) and the automatic exchange of financial account information (AEOI), in addition to the latest educational and guidance to
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Tax administrators, others deliberate on solution over taxation of digital
Updated : 3 years, 1 month ago IST
The Organisation for Economic Co-operation and Development (OECD)/G20 Inclusive Framework (IF) on Base Erosion and Profit Shifting (BEPS) has agreed on the historic two-pillar solution to address the tax challenges arising from the digitalisation of the economy, according to a statement from
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Pak Minister hints at settling issues for stalled IMF bailout, promises "r
Updated : 3 years, 1 month ago IST
"We are following the programme in earnest at this stage and strongly hope that issues with the IMF would be settled very soon as the prime minister, the Ministry of Finance and the entire government were committed to the IMF programme and its amicable completion," said Minister of State for
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