Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman attended the 5th Annual Meeting of the Board of Governors of Asian Infrastructure Investment Bank (AIIB) through video conference in New Delhi today. […]
The Government of India (GoI) has announced the Sale (Issue/Re-issue) of (i) ‘5.09 percent Government Stock, 2022’ for a notified amount of Rs 3,000 crore (nominal) through price based auction, (ii) ‘New 10 Year Government Stock, 2030’ for a notified amount of Rs 18,000 crore (nominal) through yield based auction, (iii) ‘GoI Floating Rate Bonds, 2033’ for a notified amount of Rs 4,000 crore (nominal) through price based auction, and (iv) ‘7.19 percent Government Stock, 2060’ for a notified amount of Rs 5,000 crore (nominal) through price based auction. […]
A case was booked against M/s. Fortune Graphics Limited, M/s. Reema Polychem Pvt. Ltd. & M/s. Ganpati Enterprises, who were found involved in the issuance of invoices without any actual supply of goods. […]
Central Government has recently released the GST Compensation of Rs. 13,806 crore to States for March’2020. Taking this amount into account, entire compensation up to 2019-20 has been released to States. […]
The Special Liquidity Scheme of Rs. 30,000 crore for NBFCs and HFCs is being implemented w.e.f. 1st July, 2020 as a follow up of one of the announcements under Aatma Nirbhar Bharat package made by the Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman on 13th May, 2020. […]
The Delhi Customs, IGI Airport, has booked a case of smuggling of Foreign Cigarettes (3700 Dandas) without pictorial warning imprinted on them on 23rd July, 2020 by 13 Indian passengers stranded in Dubai due to COVID-19. […]
The Central Board of Direct Taxes (CBDT) and all its field offices across India today observed the 160th anniversary of Income Tax Day. […]
Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman, today reviewed the performance of Special Window for Affordable and Mid Income Housing (SWAMIH)with Secretaries of Ministries of Finance and senior management team of the State Bank of India, SBI Capital Markets Limited and SBICAPS Ventures Limited (SVL). […]
Acting on specific intelligence the Directorate General of Goods and Service Tax Intelligence, Headquarters (DGGI, Hqrs) has unveiled a racket of clandestine clearance of cigarettes through a factory run in Kota. […]
The provisional payroll data published by EPFO on 20th July 2020 reveals that net new enrolments have started to make headway for most industry classifications in May 2020. […]
The Government of India (GoI) has announced the Sale (Re-issue) of (i) ‘5.22% Government Stock, 2025’ for a notified amount of Rs 12,000 crore (nominal) through price based auction, (ii) ‘6.19 percent Government Stock, 2034’ for a notified amount of Rs 11,000 crore (nominal) through price based auction, and (iii) ‘7.16 per cent Government Stock, 2050’ for a notified amount of Rs 7,000 crore (nominal) through price based auction. […]
Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman participated in the 3rd G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under the Saudi Arabian Presidency through Video Conferencing here today to discuss the global economic outlook amid evolving COVID-19 pandemic crisis along with other G20 Finance Track priorities for the year 2020. […]
The Income Tax Department is all set to start an e-campaign on voluntary compliance of Income Tax for the convenience of taxpayers from Monday, the 20th of July, 2020. […]
The new Form 26AS is the faceless hand-holding of the taxpayers to e-file their income tax returns quickly and correctly. From this Assessment Year, taxpayers will see an improved Form 26AS which would carry some additional details on taxpayers’ financial transactions as specified in the Statement of Financial Transactions (SFTs) in various categories. […]
the Central Board of Indirect Taxes and Customs has determined the rate of exchange of conversion of each of the foreign currencies into Indian currency or vice versa, with effect from 17th July, 2020 […]
As per the reports released by the Ministry of Finance, India records overall trade surplus of US$11.7Billion for Q1 2020-21 i..e April-Jun 2020 […]
Finance Minister reviews implementation of Insurance Scheme for Health workers fighting COVID 19 announced under PMGKP ; emphasizes the need for speedy settlement and benefit reaching out to the nominees at the earliest […]
Finance Minister Smt. Nirmala Sitharaman reviews Pradhan Mantri Fasal Bima Yojana; Stresses the importance of carrying out awareness activities & need for States to release Premium Subsidy on time to ensure timely settlement of claims […]
Finance Commission holds meeting with the Ministry of Health and Family Welfare; MoHFW revises fund requirements to Rs.6.04 lakh Cr […]
Hon’ble Prime Minister Shri Narendra Modi on May 12th, 2020, announced the Special economic and comprehensive package of Rs. 20 lakh crores – equivalent to 10% of India’s GDP – to fight COVID-19 pandemic in India. He gave a clarion call for Aatma Nirbhar Bharat or Self-Reliant India Movement. […]
Union Minister for Finance & Corporate Affairs, Smt. Nirmala Sitharaman, today held meeting, through Video Conference, with Secretaries of Ministries of Petroleum & Natural Gas , Power , Coal , Mines and D/o Atomic Energy and the CMDs of 23 CPSEs belonging to these Ministries. […]
In pursuance to the Government’s decision vide Press Note dated April 8th, 2020 to issue pending income tax refunds in order to help taxpayers in a COVID-19 pandemic situation, the Income Tax Department has issued tax refunds at a speed of 76 cases per minute from 8th April to 30th June, 2020. […]
GST Day, 2020 or third anniversary of introduction of GST was marked by CBIC and all its field offices across India on July 01, 2020. GST has been instrumental in Breaking Barriers to build an AatmaNirbhar Bharat and taking forward the motto of One Nation One Tax One Market. […]
With a view to improving the liquidity position of NBFCs as well as HFCs, the Union Minister for Finance & Corporate Affairs Smt Nirmala Sitharamanhad announced on 13th March 2020, launch of a Special Liquidity Scheme of Rs. 30,000 crore. […]
The gross GST revenue collected in the month of June, 2020 is Rs. 90,917crore of which CGST is Rs. 18,980crore, SGST is Rs. 23,970crore, IGST is Rs. 40,302crore (including Rs. 15,709crore collected on import of goods) and Cess is Rs.7,665 crore (including Rs. 607crore collected on import of goods). […]
The Amendments in the Indian Stamp Act, 1899 brought through Finance Act 2019 and Rules made thereunder will come into effect from tomorrow, i.e. 1st July, 2020 vide notifications dated 30th March, 2020. […]
Under the 100 % Emergency Credit Line Guarantee Scheme (ECLGS) backed by a Government guarantee , Banks from Public & Private Sectors have sanctioned loans worth over Rs. 1 lakh crore as of June 26, 2020, of which more than Rs 45,000 crore has already been disbursed. […]
In a major move towards GST taxpayers’ facilitation, the Government has decided to provide the facility of SMS filing of NIL statement of FORM GSTR-1from 1st week of July 2020. […]
In pursuance of the commitment to ensure safety of depositors across banks, the President has promulgated the Banking Regulation (Amendment) Ordinance, 2020. […]
The Government has notified the new Floating Rate Savings Bonds, 2020 (Taxable)Scheme in place of 7.75 percent Savings (Taxable) Bonds, 2018 Scheme which ceased for subscription from the close of banking business on May 28, 2020 […]
The 15th Finance Commission headed by Chairman, Shri N. K. Singh including its Members today held a meeting with the Minister for Agriculture and Farmers’ Welfare, Shri Narendra Singh Tomar and senior officials of his Ministry. […]
The 15th Finance Commission headed by Chairman, Shri N. K. Singh including its Members today held a meeting with the Minister for Rural Development, Shri Narendra Singh Tomar and senior officials of his Ministry to garner the view of the Ministry of Rural Development (MoRD) on the general framework given by FC-XV in its report for 2020-21 on the maintenance of Pradhan Mantri Gram Sadak Yojana (PMGSY) roads. […]
Union Minister for Finance & Corporate Affairs Smt Nirmala Sitharaman while interacting with the Managing Committee Members of PHD Chamber of Commerce and industry through video conferencing today said that the Government has always recognised the importance of wealth creators as they generate employment opportunities and utilise resources in optimal manner for promoting the socio-economic development in the country. […]
Shri M. Ajit Kumar, Chairman, Central Board of Indirect Taxes, and Customs (CBIC) launched the e-Office application in over 500 CGST and Customs offices across India here today. […]
The 40th GST Council met under the Chairmanship of Union Finance & Corporate Affairs Minister Smt Nirmala Sitharaman through video conferencing here today . The meeting was also attended by Union Minister of State for Finance & Corporate Affairs Shri Anurag Thakur besides Finance Ministers of States & UTs and senior officers of the Ministry of Finance& States/ UTs. […]
In a significant move towards taxpayer facilitation, the Government has today onwards allowed filing of NIL GST monthly return in FORM GSTR-3B through SMS. […]
The Finance minister suggested the industry to submit their recommendations related to the ministry of corporate affairs or SEBI deadlines so that necessary steps could be taken related to COVID Emergency Credit Facility […]
The Finance Commission held a detailed meeting with the Power Ministry on issues relating to the Reforms of the Electricity Sector in the States. […]
Smt. Nirmala Sitharaman formally launched the facility for instant allotment of PAN using Aadhar Card based eKYC verification […]
Smt. Nirmala Sitharaman chairs 22nd Meeting of the Financial Stability and Development Council (FSDC) […]
Defence manufacturing adversely affected due to COVID-19, says Raksha Mantri Shri Rajnath Singh at the MSMEs E-conclave of SIDM […]
Smt Nirmala Sitharaman has stressed that the Government trusts industry fully and comprehensively. […]
Cabinet approves Special Liquidity Scheme for NBFCs/HFCs to address their Liquidity Stress […]
Nirmala Sitaraman launches INR-USD Futures & Options contracts on Intl Exchanges, viz BSE’s India INX & NSE IFSC, at GIFT International Financial Services. […]
May 06: Using the digital payment infrastructure, around 39 crore poor people received financial assistance of Rs 34,800 crore under the Pradhan Mantri Garib […]
April 29: The Task Force on National Infrastructure Pipeline (NIP) submitted its Final Report on NIP for FY 2019-25 to the Union […]
The Government of India and the Asian Development Bank (ADB) today signed a $1.5 billion loan that will support the […]
Copyright © 2020 | IndiaTIES. All rights reserved