Search For "ministry of finance"
Pakistan reeling from its worst economic, political crises: Report
Updated : 3 years, 1 month ago IST
Pakistan's Ministry of Finance has warned of challenges originating from uncertain external and domestic economic environments, including higher inflation and external debt repayments, due to lesser foreign exchange inflows, according to Geo News.
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MoF issues Corporate Tax Decisions on Intra-Group Transfers, Determination
Updated : 3 years, 1 month ago IST
Younis Haji Al Khouri, Undersecretary of the Ministry of Finance, said, "The new decisions aim to simplify the process of determining taxable income in addition to providing tax relief for intra-group transfer of assets or liabilities between members of the same qualifying group or when carr
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Afghanistan customs foils human hair smuggling into Pakistan
Updated : 3 years, 1 month ago IST
The Taliban said the hair was hidden behind coal in a Hino-brand vehicle.
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Tax exemption limit on leave encashment increased to Rs 25 lakh for non-go
Updated : 3 years, 1 month ago IST
The Ministry of Finance notified on Thursday has notified the increased limit for tax exemption on leave encashment on retirement or otherwise of non-government salaried employees to Rs. 25 lakh that comes into effect from April 1, 2023.
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Foreign Exchange Industry calls for clarity on proposed 20 per cent TCS: S
Updated : 3 years, 1 month ago IST
Mumbai (Maharashtra) [India], May 25: The foreign exchange Industry has expressed serious concerns about the applicability of 20 per cent Tax Collection at Source (TCS) under the Liberalized Remittance Scheme (LRS) effective from July 1, 2023. On 19th May, 2023, Ministry of Finance clarif
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Commodity prices, barring precious metals, likely to moderate in 2023: Fin
Updated : 3 years, 1 month ago IST
Prices of all commodities, barring precious metals, are likely to moderate in the current year, the Ministry of Finance said in its Monthly Economic Review report. However, they are still expected to remain well above pre-pandemic levels.
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Normal monsoon, adequate seeds and fertilizer augur well for India's khari
Updated : 3 years, 1 month ago IST
India has three cropping seasons -- summer, kharif, and rabi. Crops sown during June-July and harvested in October-November are kharif. Crops that are sown during October-November and the produce harvested from January-March depending on maturity is Rabi. Crops produced after rabi but ahe
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TCS for international card spend exempted under RBI's remittance scheme up
Updated : 3 years, 1 month ago IST
The Ministry of Finance on Friday said it decided that any payments by an individual using their international debit or credit cards upto Rs seven lakh per financial year will be excluded from the RBI's Liberalised Remittance Scheme (LRS) limits and hence, will not attract any Tax Collected
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IT dept conducts searches in West Bengal, Assam
Updated : 3 years, 1 month ago IST
The business group is controlled by a person with an active political background, an official release by the Union Ministry of Finance said on Tuesday without naming anyone.
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Stand by Parliament reply that SEBI was investigating some Adani Group com
Updated : 3 years, 1 month ago IST
The government said it stands by its reply in Lok Sabha on July 19, 2021
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FM Nirmala Sitharaman attends Investors Roundtable meeting in South Korea
Updated : 3 years, 2 months ago IST
Sitharaman spoke about the vision and reforms-oriented approach towards good governance under PM Modi's leadership to shape New India and redefine its place in the global economic order.
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ADB Governors' seminar: Sitharaman calls for greater digital integration o
Updated : 3 years, 2 months ago IST
Sitharaman stressed that the protection of vulnerable sections has been India's prime focus as the government charted its course towards recovery from the COVID-19 pandemic.
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