Search For "ministry of finance"
DGGI Gurugram arrests 3 for input tax credit fraud
Updated : 1 day, 1 hour ago IST
Gurugram (Haryana) [India], September 15 (ANI): The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit (GZU) on Wednesday arrested 3 persons including the mastermind, commission agent and CA in the racket of fictitious firms involving fake Input Tax Credit (ITC) of 121 crores
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Centre announces auction for sale of Rs 26,000 cr govt securities
Updated : 2 days, 21 hours ago IST
New Delhi [India], September 13 (ANI): The Centre also announced the sale of '6.10 per cent Government Security, 2031' for a notified amount of Rs 14,000 crore (nominal) through price based auction using a uniform price method; and sale of '6.76 per cent Government Security 2061' for a notif
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Centre reduces standard rate of duty on edible oils
Updated : 4 days, 19 hours ago IST
New Delhi [India], September 12 (ANI): The Centre on Saturday reduced the standard rate of duty on crude palm oil, crude soyabean oil to ensure the availability of edible oil to consumers at fair prices.
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India, ADB sign $112-million loan to improve water supply infrastr
Updated : 1 week, 1 day ago IST
New Delhi [India], September 8 (ANI): The Central government and Asian Development Bank (ADB) on Wednesday signed a $112-million loan to develop water supply infrastructure and strengthen capacities of urban local bodies (ULBs) for improved service delivery in four towns in Jharkhand, inf
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Indian economy will reach pre-Covid levels by December, says Sanje
Updated : 1 week, 6 days ago IST
New Delhi [India], September 3 (ANI): Sanjeev Sanyal, Principal Economic Advisor to the Ministry of Finance, on Friday said that the Indian economy would reach pre-Covid levels by the third quarter of October to December this year.
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Gross GST collections jump 30pc to Rs 1.12 lakh crore in August
Updated : 2 weeks, 1 day ago IST
New Delhi [India], September 1 (ANI): The gross Goods and Services Tax (GST) revenue collections jumped 30 per cent on a year-on-year basis to Rs 1.12 lakh crore in August, said the Ministry of Finance on Wednesday.
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Deadline for late fee amnesty under GST extended till November 30
Updated : 2 weeks, 3 days ago IST
New Delhi [India], August 29 (ANI): The Ministry of Finance on Sunday extended the last date of the availing benefit of the late fee amnesty scheme to December 30, 2021. The ministry also extended the time limit for filing the application for revocation of cancellation of registration under
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CBDT extends last date of payment under Vivad se Vishwas scheme ti
Updated : 2 weeks, 4 days ago IST
New Delhi [India], August 29 (ANI): Central Board of Direct Taxes (CBDT) extended the last date of payment under the direct tax dispute resolution scheme Vivad Se Vishwas till September 30, an official release said on Sunday.
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Income tax dept conducts searches on steel manufacturer, trader gr
Updated : 2 weeks, 5 days ago IST
New Delhi [India], August 28 (ANI): The Income Tax Department has carried out a search and seizure operation on a group that is a prominent steel manufacturer and trader based in Maharashtra and Goa.
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Bank employees' family pension to rise to 30 pc of last pay drawn:
Updated : 3 weeks, 1 day ago IST
Mumbai (Maharashtra) [India], August 25 (ANI): Central government on Wednesday approved the Indian Banks' Association's (IBA) proposal to increase the family pension to 30 per cent of the last salary drawn, in order to provide relief to families of bank employees.
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DGGI Gurugram arrests two for input tax credit fraud
Updated : 3 weeks, 1 day ago IST
New Delhi [India], August 25 (ANI): The Directorate General of GST Intelligence (DGGI) of Gurugram Zonal Unit (GZU) in Haryana on Monday arrested two more people in Rs 176 crores Input Tax Credit (ITC) fraud case, said the Ministry of Finance.
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India, ADB sign $500 million loan to expand Metro Rail Network in
Updated : 3 weeks, 2 days ago IST
New Delhi [India], August 23 (ANI): The Centre and the Asian Development Bank (ADB) on Monday signed a $500 million loan to expand the metro rail network in Bengaluru with the construction of two new metro lines totaling 56 km in length, informed the Finance Ministry.
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