New Delhi [India], July 24 (ANI): The government has said that searches by the Income Tax Department on a prominent business group has found "cyclical trading and transfer of funds among group companies engaged in unrelated businesses" and that companies have been operated "in names of emplo
New Delhi [India], July 24 (ANI): The Ministry of Finance on Saturday said that the Income Tax Department carried out a search operation on a group in Uttar Pradesh and seized cash of more than Rs 3 crore.
New Delhi [India], July 15 (ANI): The Finance Ministry on Thursday released Rs 75,000 crore to the States and Union Territories (UTs) with legislature under the back-to-back loan facility in lieu of Goods and Services Tax (GST) compensation.
New Delhi [India], July 9 (ANI): Finance Minister Nirmala Sitharaman on Friday virtually participated in the G20 High-Level Tax Symposium on Tax Policy and Climate Change, organized by G20 Italy ahead of the third G20 Finance Ministers and Central Bank Governors meeting.
New Delhi [India], July 9 (ANI): The Indian economy is showing signs of revival from the second wave of the COVID-19 pandemic, said the Department of Economic Affairs (DEA) under the Ministry of Finance on Friday.
New Delhi [India], July 8 (ANI): The Department of Expenditure of the Ministry of Finance has released the 4th monthly installment of the Post Devolution Revenue Deficit (PDRD) grant of Rs 9,871.00 crore to the 17 states on Wednesday.
New Delhi [India] July 7 (ANI): Amid the buzz of an imminent reshuffle in the Union Cabinet, the Finance Ministry has been expanded with the addition of the Department of Public Enterprises, the nodal entity for policy formulation for all central public sector units (PSU), informed the gazet
New Delhi [India], July 5 (ANI): The Ministry of Finance on Monday informed that the Central Board of Direct Taxes (CBDT) has granted further relaxation in the electronic filing of Income Tax Forms 15CA/15CB.
New Delhi [India], July 2 (ANI): India and the majority of the members OECD/G20 Inclusive Framework on Base Erosion and Profit Shifting adopted yesterday's high-level statement containing an outline of a consensus solution to address the tax challenges arising from the digitalisation of the
New Delhi [India], New Delhi [India], June 26 (ANI): The Ministry of Finance on Saturday clarified that no order regarding resumption of dearness allowance (DA) for the central government employees and dearness relief (DR) for the central government pensioners from July 1 has been issued.
New Delhi [India], June 24 (ANI): The Centre, Government of Mizoram and the World Bank have signed a USD 32 million Mizoram Health Systems Strengthening Project to improve the management capacity and quality of health services in Mizoram, particularly for the benefit of under-served areas
New Delhi [India], June 17 (ANI): Two persons were arrested in Imphal with 43.12 kg of gold worth Rs 20.95 crore in a major operation by the Directorate of Revenue Intelligence (DRI) against an organised smuggling syndicate.