Search For "ministry of finance"
Finance Ministry begins discussion on easing diesel-petrol prices
Updated : 5 years, 4 months ago IST
New Delhi [India], March 2 (ANI): Amid mounting pressure from all the quarters to reduce taxes on petrol and diesel, the Finance Ministry vigorously started to discuss the burning issue which has created a hole in consumers' pockets, sources told ANI on Tuesday.
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GST compensation shortfall released to states, UTs reaches Rs 1.04 lakh cr
Updated : 5 years, 4 months ago IST
New Delhi [India], March 1 (ANI): Around 94 per cent of the total estimated GST compensation shortfall has been released to the states and Union Territories. Out of this, an amount of Rs 95,138.08 crore has been released to the states and an amount of Rs 8,861.92 crore has been released to t
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Delhi advocate arrested for input tax credit fraud of Rs 50.03 cr
Updated : 5 years, 4 months ago IST
New Delhi [India], February 28 (ANI): The officers of Central Goods and Services Tax (CGST) Commissionerate, Delhi East have unearthed a network of fictitious firms used by their operator to generate and pass on fake Input Tax Credit (ITC) of Goods and Services Tax (GST), said Union Ministry
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Income Tax raids at Gurugram-based real estate company, seizes incriminati
Updated : 5 years, 4 months ago IST
New Delhi [India], February 25 (ANI): Income Tax Department on Thursday initiated searches in the case of a Gurugram-based real estate company, its promoters, directors and other group companies, covering a total of 20 premises, informed an official statement by the Ministry of Finance.
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One held for illegal manufacture of 'gutkha' with liability of around Rs 5
Updated : 5 years, 4 months ago IST
New Delhi [India], February 21 (ANI): Anti-Evasion officers of Central Tax Delhi have arrested a person allegedly for illegal manufacturing of 'gutkha' with a liability of around Rs 5.9 crores.
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Centre releases 17th installment of Rs 5,000 cr GST compensation shortfall
Updated : 5 years, 4 months ago IST
New Delhi [India], February 20 (ANI): Department of Expenditure of Ministry of Finance on Friday released the 17th weekly installment of Rs 5,000 crore to the states to meet the Goods and Services Tax (GST) compensation shortfall.
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At India-EU Macroeconomic Dialogue, both look forward to bilateral coopera
Updated : 5 years, 4 months ago IST
New Delhi [India], February 20 (ANI): The 11th India-EU Macroeconomic dialogue was held here on Friday through video conferencing, the Ministry of Finance informed.
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Centre releases 16th instalment of Rs 5,000 crore to states to meet GST co
Updated : 5 years, 4 months ago IST
New Delhi [India], February 15 (ANI): The Department of Expenditure under the Ministry of Finance has released the 16th weekly instalment of Rs 5,000 crore to the States on Monday to meet the Goods and Services Tax (GST) compensation shortfall.
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DGGI arrests man for fraudulently availing input tax credit of Rs 376 cror
Updated : 5 years, 4 months ago IST
New Delhi [India], February 10 (ANI): The Directorate General of Good and Services Tax Intelligence (DGGI) of Gurugram Zonal Unit (GZU), Haryana, has arrested Ritesh Aggarwal, a resident of Bahadurgarh, Haryana on charges of passing and availment of fake ITC while operating dummy, fake and n
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Rajasthan becomes 12th state to undertake 'One Nation One Ration Card syst
Updated : 5 years, 5 months ago IST
New Delhi [India], February 9 (ANI): Rajasthan became the twelfth state in the country to successfully undertake 'One Nation One Ration Card system' reform stipulated by the Department of Expenditure.
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4 states complete reforms in ease of doing business, eligible for Rs 5,034
Updated : 5 years, 5 months ago IST
New Delhi [India], February 6 (ANI): The Ministry of Finance on Saturday said four states have undertaken stipulated reforms in the ease of doing business, allowing them to avail additional financial borrowings worth Rs 5,034 crore.
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Budget 2021 marks a directional change for Indian economy: Sitharaman
Updated : 5 years, 5 months ago IST
New Delhi [India], February 4 (ANI): Finance Minister Nirmala Sitharaman said on Thursday that the union budget presented earlier this month marks a clear directional change for the Indian economy and seeks to raise non-tax resources at a time when the country needs a lot of money to spend.
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