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Centre releases Rs 1.78 lakh crore to states for festive season, with largest shares to Uttar Pradesh, Bihar, and Madhya Pradesh
Among the other states, Andhra Pradesh received Rs 7,211 crore, Tamil Nadu received Rs 7,268 crore,…
New Vivad Se Vishwas 2.0 tax resolution scheme to start on Oct 1 — what you need to know
The government has set October 1, 2024, as the launch date for Vivad Se Vishwas 2.0 to address dire…
Majority of users say they will stop using UPI if transaction fee is levied, notes a LocalCircles survey
Only 22 % UPI users surveyed are willing to bear a transaction fee on payments, 75% of respondents …
PTI
Finance Ministry should identify high risk taxpayers in GST composition scheme: CAG
The Comptroller and Auditor General (CAG) has asked the Finance Ministry to identify high risk taxp…
PTI
Gold medalist in central bank Olympics-All you need to know about RBI governor Shaktikanta Das
EU's Christine Lagarde, Cambodia's Chea Serey and Sweden's Erik Thedéen were amongst those receivin…
Paytm shares jump 5% on receiving government's nod for investment in Paytm Payments Services
The company will reapply for a payment aggregator (PA) licence, a regulatory filing said on Wednesd…
PTI
51 lakh, or 7.5% more Indians filed income tax returns this year; 72% of taxpayers opted new regime, notes FinMin data
The total number of ITRs for AY2024-25 filed till July 31, 2024, is more than 7.28 crore.
ANI
India economic momentum remains intact, set to achieve 6.5-7% growth, says Finmin Report
Tax collections, especially indirect taxes, which reflect transactions, are growing healthily, and …
PTI
Did you know about the only Indian state exempt from paying any income tax? Know all about it here
Sikkim has its income tax manual, which stipulates that no resident of Sikkim was to pay taxes to…
Comprehensive review of the IT Act imminent in 6 months, notes revenue secretary
Malhotra explained the government's rationale behind this proviso, noting that buyback does not f…
Chairman of PM's Economic Advisory Council Bibek Debroy passes away at 69
Renowned economist Bibek Debroy, Chairman of the Economic Advisory Council to the Prime Minister of…
ANI
All you need to know about the Halwa ceremony before Union Budget 2024
FM Nirmala Sitharaman participated in the Halwa ceremony, 6 days before the budget presentation on …
Indian economy remains in bright spot: Ministry of Finance
In contrast to a cautious assessment of the global scenario, the Indian economy continues to exhibi…
ANI
Job creation, redefining skills most pressing issue globally amid rapid tech changes: FM Nirmala Sitharaman
Sitharaman highlighted the need for urgent action and a comprehensive analysis to address these iss…
ANI
India-US agrees to extend 2% digital tax on e-commerce supplies until June 30
On Oct 8, 2021, both countries joined 134 other members of the OECD/G20 Inclusive Framework (includ…
ANI
Karnataka registered 10.2% GSDP growth in 2023-24
Karnataka's GSDP soared to 10.2% in 2023-24, outpacing the national average of 8.2%, despite a seve…
PTI
Bolster manufacturing sector, consumption this budget: PHDCCI to FinMin
Finance Minister Nirmala Sitharaman initiated pre-budget consultations for Union Budget 2024 on 19t…
Centre releases ₹1,39,750 crore to states towards tax devolution for June
The biggest chunk of the fund went to Uttar Pradesh at Rs 25,069.88 crore, followed by Bihar at Rs …
ANI
Indian markets could recover on Monday but earnings, global cues will decide the rest of the week, say experts
Indian stock markets are geared up for a dynamic performance in the coming week, influenced by a mu…
GST revenue collection for April 2024 highest ever at Rs 2.1 lakh crore
The Gross Goods and Services Tax (GST) collections surged to a record high of Rs 2.10 lakh crore in…