As per the Finance Ministry data, the positive impact of demonetization led to an increase in tax compliance in the country
Finance

Demonetization led to seizure of Rs.900 cr, undisclosed income worth Rs.8,000...

PGurus Newsdesk - 1
GST Council decided to tax services supplied by courts and tribunals under the reverse charge mechanism
Finance

FM Sitharaman says GST compensation cess of Rs.16,982 cr to states...

PGurus Newsdesk - 0
The Budget 2023 estimated tax revenue of Rs 33.6 trillion for FY24, which is 10.4% higher than Rs 30.4 trillion projected in the revised estimates for FY23
Finance

India’s direct tax collections surge by 24% YoY to Rs.15.67 lakh...

PGurus Newsdesk - 1
Banks, financial institutions have been advised to follow certain customer identification procedures for opening of accounts and monitoring of transactions
Finance

ED attaches Rs.859 cr proceeds of crime under PMLA in illegal...

PGurus Newsdesk - 0
Consulting engineering companies are engaged in the service sector and totally dependent for survival on timely receipt of dues from the clients
Finance

Consulting & services sector urge Centre to re-look at GST collection...

PGurus Newsdesk - 1
India’s reserve position with the IMF was up by USD 11 million to USD 5.238 billion in the reporting week
Finance

India’s foreign exchange reserves rise to $576 bn in January

PGurus Newsdesk - 3
Revenues in the current financial year up to January 2023 are 24 percent higher than the GST revenues collected up to January 2022
Finance

GST collections touch Rs.1.55 lakh crore in January 2023; 4 percent...

PGurus Newsdesk - 1
Refunds amounting to Rs.2.40 lakh crore have been issued between April 1, 2022, and January 10, 2023, higher by 58.74% YoY
Finance

Direct tax collections rise 24.58% YoY to Rs.14.71 lakh crore

PGurus Newsdesk - 0
PM SVANidhi scheme is a Central government scheme, which was initiated in 2020
Finance

PM SVANidhi scheme: No need to submit any documents for street...

PGurus Newsdesk - 1
Presenting the figures of the last five years in Parliament, Sitharaman has told that the loans stuck in the banks for the last five years have been transferred to the write-off account as per the RBI guidelines
Finance

Indian Banks wrote off loans amounting to Rs.10.09 lakh crores in...

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