As per the Gazette of India, the Ministry of Finance, Department of Revenue, issued two notifications, amending previous taxation rates. According to the notifications, the windfall tax on domestic crude oil production has been increased significantly, while levies on the export of aviation
The fiscal year 2023–24 will mark the first time when practically every month of the current fiscal year, federal revenue receipts will be less than what is needed to pay for servicing domestic and international debt. Since the fiscal position will only become worse, there will be more serio
India has imposed an anti-dumping duty on some Chinese steel for a period of another five years, according to an official gazette by the Ministry of Finance.
The newly revamped website was officially launched by Nitin Gupta, Chairman of the Central Board of Direct Taxes (CBDT), during the 'Chintan Shivir' event organized by the Directorate of Income Tax (Systems) in Udaipur, read the Ministry of Finance press release.
In a meeting that was held in New Delhi, both the leaders exchanged views on ongoing consultations for India-EU Investment Protection Agreement IPA and India-EU Free Trade Agreement FTA, informed the Ministry of Finance.
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Saturday chaired a review meeting along with a team of Secretaries from the Ministry of Finance and Ministry of Corporate Affairs, on the development and growth of India’s maiden International Financial Services Centre (I
In its first quarterly performance report to the Asian Development Bank (ADB) on USD 1.5 billion Building Resilience with Active Country-cyclical Expenditures (BRACE) released on Thursday, the Ministry of Finance said the financial progress remained satisfactory on Countrycyclical Developmen
"They appreciated the fast-paced development across all sectors enabled by transformational reforms and Private Sector participation in India’s ambition of becoming a Developed country by 2047," the Ministry of Finance said in a tweet.
The Ministry of Finance (MoF) today announced the launch of a digital public consultation on its website as part of the UAE Corporate Tax’s Free Zone regulations
Amid destrcution caused due to monsoon in several parts of the country, the Ministry of Finance has released Rs 7,532 crore on Wednesday among 22 state governments for the respective State Disaster Response Funds (SDRF).
A contract worker employed in the Ministry of Finance has been arrested from Crossing Republik in an espionage case by the Ghaziabad police for sharing sensitive information with a Karachi number, the police said on Tuesday.
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.