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Centre releases Rs.17,000 crore GST compensation to states, UTs

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GST compensation for April-June 2022: Centre releases Rs.17,000 Cr The government has released Rs.17,000 crore towards the balance GST compensation for the April-June period of...

No premature closure of Senior Citizens’ Savings Scheme account on death:...

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Centre issues clarification in operation of Senior Citizens’ Savings Scheme The Finance Ministry on Thursday clarified that premature closure of an account under the Senior...

Gross direct tax collections up 35.46% YoY in FY23; to touch...

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Present collections are 37.24% of total budget estimates for 2022-23 Gross direct tax collections stood at Rs.6.48 lakh crore till September 8, which is 35.46...

UN’s special advocate lauds India’s financial inclusion efforts

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Queen Maxima praises India’s advanced digital public goods infrastructure for financial, economic inclusion India's advanced digital public goods infrastructure for financial and economic inclusion has...

Finance Ministry, RBI earmark measures to safeguard public from being defrauded...

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As fraudsters get smarter, RBI, banks get busy plugging loopholes Amid rising newer techniques being used by fraudsters, the Reserve Bank of India (RBI) has...

India simplifies overseas investment rules to ensure ease of doing business

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Finance Ministry in consultation with RBI amends overseas investment rules In an aim to enhance the 'ease of doing business', the Centre has simplified the...

GST collection hits all-time high of Rs 1.68 lakh crore in...

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For the first time, GST collection has crossed Rs 1.50 lakh crore mark The Ministry of Finance on Sunday informed that the Goods and services...

Non-linking of PAN-Aadhaar by March 31 to attract penalty

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Be ready to pay fine if your Aadhaar & PAN are not linked On Wednesday, the Finance Ministry said that non-linking of PAN with Aadhaar...

Finance Ministry says Rs.95.86 crore recovered from 11 cryptocurrency exchanges. Supreme...

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11 crypto exchanges including CoinDCX, CoinSwtich evaded taxes upto Rs 95.86 crore Finance Ministry on Monday informed Parliament that Rs.95.86 crore has been recovered from...

Finance Ministry proposes amendments to Finance Bill to tighten norms for...

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Finance Ministry proposes to remove the word 'other' from section relating to set off of losses from gains in VDA India’s Finance Ministry on Thursday...

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