Despite grounds for optimism, India economy is yet to hit high-growth phase
As India prepares for elections this spring, confidence about the country’s prospects seems ubiquitous. The country has just finalized a …
finance ministry
FinMin rejects proposal to double minimum pension amount under EPS
The Union finance ministry has rejected a proposal sent by the labour ministry to increase the monthly minimum pension amount …
Govt to review tax on online gaming after March: Revenue Secy Malhotra
Malhotra said some 53 foreign online gaming companies have had their access blocked for not complying with tax rules India …
GST intel unit detected over Rs 1.98 trn worth tax evasion cases in 2023
The GST intelligence unit detected tax evasion of more than Rs 1.98 trillion last year and arrested 140 masterminds who …
Union Budget 2024: Centre likely to give report on National Pension Scheme on February 1
The interim Union Budget 2024 will be presented on February 1, 2024, and it is likely that the Finance Ministry …
Budget 2024: Rebate under new income tax regime may be hiked to Rs 7.5 lakh
In the interim budget, set to be announced on February 1, the Centre may raise the tax rebate under the …
Number of GST return filers up 65% to 11.3 mn in 5 years: Finance ministry
“Simplification in Rules and Procedure in GST has resulted in increase in return filing percentage by eligible taxpayers,” the ministry …
71 show cause notices issued to online gaming firms involving GST: FinMin
As many as 71 show cause notices have been issued to online gaming companies for alleged GST evasion of over …
Budget 2024: Doctors, health experts urge Centre to raise excise duty on tobacco
Doctors, economists, and public health organizations have urged the government to raise the excise duty on all tobacco products in …
Finance ministry notifies prospective levy of GST on corporate guarantees
Corporate entities must carefully evaluate their tax position when reviewing or renewing corporate guarantees The finance ministry has issued a …
