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Economy recovering due to targeted fiscal relief, rapid vaccination: Finance Ministry
Maintaining a rapid pace on vaccination would emerge as the most sustainable stimulus for durable recovery of the Indian economy
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Finance ministry releases Rs 9,871 crore grant to 17 states
With the release of this installment, a total amount of Rs 39,484 crore has been released to eligible states in the current financial year.
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Government brings Department of Public Enterprises under Finance Ministry
The Department of Public Enterprises will be the sixth department under the Finance Ministry.
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GST revenue slips below Rs 1 lakh crore mark in June, at Rs 92,849 crore
The GST revenues for the month of June 2021 are 2% higher than Rs 90,917 crore collected in June 2020.
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OECD-G20 global tax deal: India says ‘consensus agreement’ likely by October
Total 130 countries have agreed to an overhaul of global tax norms to ensure that multinationals pay taxes wherever they operate.
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No order issued for payment of increased DA, DR, says Finance Ministry
In April last year, the govt had put on hold increment in DA for 50 lakh central government employees and 61 lakh pensioners till June 30, 2021
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Covid assistance: Tax exemption welcome, but government should be cautious
The government should also try to ensure that none abuses the exemption to evade tax
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FinMin, Infy meet on glitches in new I-T portal on Tuesday
Several stakeholders have submitted written inputs highlighting the issues facing the portal as well as areas that need to be fixed
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Finance ministry invites stakeholders’ representations on income tax portal glitches
Users have complained of technical issues on the site from the very first day and that not everything has been fixed even after a week
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FinMin proposes 24X7 vaccination to revive economic growth
The finance ministry report has estimated that nearly 113 crore doses would be needed by September end
