Centre grants 30-day non-productivity linked bonus to employees for FY23
Govt sanction ad-hoc bonus for 2022-23 The government has granted a non-productivity linked bonus equivalent to 30 days’ emoluments for …
finance ministry
GST intelligence detects tax evasion of Rs 1.36 trillion so far in FY24
The Directorate General of Goods and Services Tax Intelligence (DGGI) has detected tax evasion amounting to Rs 1.36 trillion in …
Gross GST collection rises 10% to over Rs 1.62 trillion in September
Gross GST collection rose 10 per cent to over Rs 1.62 trillion in September, crossing the Rs 1.6 lakh crore …
Pre-Budget consultations to start from 10 October 2023, says govt
The pre-Budget discussions to finalise the revised estimates for financial year 2023-24 and budget estimates for financial year 2024-25, with …
Indian govt launches the Kisan Rin Portal with the weather portal WIND
Indian Finance Minister Nirmala Sitharaman and Agriculture Minister Narendra Singh Tomar will inaugurate the ‘Kisan Rin Portal,’ which aims to …
GST tribunal to have 31 benches across 28 states and UTs: Finance Ministry
Goods and Services Tax Appellate Tribunal (GSTAT)-the first common forum of dispute resolution between Centre and States-will have 31 benches …
Finance ministry defends GDP deflator and real GDP growth estimate
The Finance Ministry on Friday defended the real GDP growth estimate and the deflator used to calculate it, denouncing critics …
Finance Commission expected to be constituted by November end: Finance secy
The government is expected to constitute the 16th Finance Commission by end of November, finance secretary T V Somanathan said. …
CAG asks FinMin to put in place online Customs refund system for efficiency
The Comptroller and Auditor General (CAG) has asked the Finance Ministry to consider having an online system for processing customs …
Automated IGST refunds on pan masala, tobacco to be restricted from Oct 1
Automated refund of Integrated GST (IGST) on export of pan masala, tobacco, and similar other items will be restricted from …
