Ministry of Finance Archives

Increase in GST collection in March 2024 was mainly due to a notable rise in GST collected from transactions within the country

Finance

GST collection creates new record; touches Rs.1.78 lakh crore in March

PGurus Newsdesk - April 2, 2024 0

March sees second-highest gross GST revenue of Rs.1.78 lakh crore, lifts FY 24 collections to Rs.20.2 lakh crore India’s gross Goods and Services Tax (GST)...

The industry had set itself a target of Rs.20 lakh crore worth of mobile phone production over the last 10 years (2014-2024)

Economy

India nears record Rs.20 lakh crore worth mobile phone production in...

PGurus Newsdesk - March 7, 2024 1

Doubling of India's GDP from the current $3.7 tn to $7 tn by 2030 will be led by growth in the digital sector and...

BSE and NSE have cleverly tried to mask the issue and divert the attention from fraud in the system perpetrated by SEBI’s Director and Sachin Malhan to benefit SAMA

Opinion

SEBI and its Waterloo – Part 2

Ramesh Sethuraman - August 9, 2023 1

The previous part of the article can be accessed here Part 1. This is the second part. Fraud really thrives in moments of great social...

One side of the coin will feature the Lion Capital of the Ashoka Pillar, with the words "Satyamev Jayate" below it

Banking

PM Modi to launch special Rs.75 coin to mark inauguration of...

PGurus Newsdesk - May 26, 2023 0

The new Rs.75 coin coin to be launched on May 28 will bear the image of the Parliament complex Prime Minister Narendra Modi will be...

Any participation in transactions involving virtual digital assets or cryptocurrency would come under the PMLA, the Centre has said

Investing

India imposes money laundering regulations on crypto transactions

PGurus Newsdesk - March 8, 2023 2

The exchange between virtual digital assets and fiat currencies to come under PMLA The Indian government has taken a major step to regulate the cryptocurrency...

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 - February 11, 2023 1

The direct tax collection after the net of refunds stood at Rs.12.98 lakh cr which is 18.40 percent higher YoY On Saturday the Ministry of...

Assets amounting to Rs 289.28 crore have been seized under section 37A of the Foreign Exchange Management Act, 1999

Politics

Proceeds of the crime of over Rs.1000 cr of cyber and...

PGurus Newsdesk - December 12, 2022 0

ED investigating several cases related to cyber and crypto assets fraud On Monday the Central government informed the Lok Sabha that proceeds of crime of...

Despite erratic monsoon and negative seasonality in vegetable prices, food inflation in August was lower than the April peak of the current year

Economy

Retail inflation high due to high food prices, adverse base effect:...

PGurus Newsdesk - September 13, 2022 0

Retail inflation resurges to 7% in August as food prices increases As retail inflation rose to 7 percent in August from 6.71 percent in July,...

Sloppy performance of Govt. portals maintained by Infosys is causing concern – will it act?

Finance

Finance Ministry summons Infosys CEO for unending glitches in the new...

Team PGurus - August 22, 2021 0

Finance Ministry summons Infosys CEO Salil Parekh on new IT portal's continual glitches The leading software firm Infosys is becoming a real embarrassment to the...