Finance Ministry

Rasmi Ranjan Das, a Joint Secretary in the Ministry of Finance, is among a distinguished group of 25 tax experts from around the world appointed as members of the UN tax committee for the 2021 to 2025 term.

According to Finance Ministry figures, during 2020-21 a total of 4,15,818 accounts were opened in Uttar Pradesh under Sukanya Samriddhi Yojana.

Last week, the Union Cabinet had approved an 11 percentage point hike in Dearness Allowance and Dearness Relief for central government employees and pensioners from July 1

Excise duty rates on petrol and diesel have been calibrated to generate resources for infrastructure building and other developmental expenditure, said Minister of State for Finance Pankaj Chaudhary

Central Board of Direct Taxes has extended the deadline for manual filing of Forms 15 CA, 15 CB related to foreign remittances, till August 15, 2021.

In a statement issued by the Finance Ministry, it said the amount has been released under the back-to-back loan facility in lieu of GST compensation.

The Dearness Allowance and Dearness Relief are due for four periods namely January 1, 2020, July 1, 2020, January 1, 2021 and July 1, 2021.

A committee has been constituted to look into the matter in its entirety, the finance ministry said in a statement.

Government has said that to cater to growing demand for holding exams in state-owned banks in regional languages, a panel has been formed.

Telecommunication Ministry confirmed that there was a delay in the tendering process for allotment of 4G spectrum to BSNL, MTNL in 2020-21.

However, economic recovery remains uneven as indicators such as air traffic, port traffic, PMI, and services show a lagged revival from the impact of the second wave.

The Government of India and British oil major Cairn Energy have had a long face-off. It has its origin in a retrospective tax amendment law, under which the company was asked to pay a tax liability by India. Cairn contested against the demand and this led to an arbitration case.

The 15th Finance Commission had recommended a total revenue deficit grant of Rs 1,18,452 crore to 17 states in 2021-22.

The government has brought Department of Public Enterprises (DPE) under the Finance Ministry in a bid facilitate its ambitious disinvestment programme.

GST collections after regularly crossing the Rs 1 lakh crore mark for eight months in a row, fell below it in June 2021.

Rasmi Ranjan Das, a Joint Secretary in the Ministry of Finance, is among a distinguished group of 25 tax experts from around the world appointed as members of the UN tax committee for the 2021 to 2025 term.

According to Finance Ministry figures, during 2020-21 a total of 4,15,818 accounts were opened in Uttar Pradesh under Sukanya Samriddhi Yojana.

Last week, the Union Cabinet had approved an 11 percentage point hike in Dearness Allowance and Dearness Relief for central government employees and pensioners from July 1

Excise duty rates on petrol and diesel have been calibrated to generate resources for infrastructure building and other developmental expenditure, said Minister of State for Finance Pankaj Chaudhary

Central Board of Direct Taxes has extended the deadline for manual filing of Forms 15 CA, 15 CB related to foreign remittances, till August 15, 2021.

In a statement issued by the Finance Ministry, it said the amount has been released under the back-to-back loan facility in lieu of GST compensation.

The Dearness Allowance and Dearness Relief are due for four periods namely January 1, 2020, July 1, 2020, January 1, 2021 and July 1, 2021.

A committee has been constituted to look into the matter in its entirety, the finance ministry said in a statement.

Government has said that to cater to growing demand for holding exams in state-owned banks in regional languages, a panel has been formed.

Telecommunication Ministry confirmed that there was a delay in the tendering process for allotment of 4G spectrum to BSNL, MTNL in 2020-21.

However, economic recovery remains uneven as indicators such as air traffic, port traffic, PMI, and services show a lagged revival from the impact of the second wave.

The Government of India and British oil major Cairn Energy have had a long face-off. It has its origin in a retrospective tax amendment law, under which the company was asked to pay a tax liability by India. Cairn contested against the demand and this led to an arbitration case.

The 15th Finance Commission had recommended a total revenue deficit grant of Rs 1,18,452 crore to 17 states in 2021-22.

The government has brought Department of Public Enterprises (DPE) under the Finance Ministry in a bid facilitate its ambitious disinvestment programme.

GST collections after regularly crossing the Rs 1 lakh crore mark for eight months in a row, fell below it in June 2021.