Watch | What’s in it for the tech sector? | Interim Budget 2024
Watch | What’s in it for the tech sector? | Interim Budget 2024 Source link
Tag: Finance Ministry
Watch | What’s in it for the MSMEs? | Interim Budget 2024
Watch | What’s in it for the MSMEs? | Interim Budget 2024 Source link
What’s in store for the economy in second half? | Explained
Economists feel a prolonged conflict in West Asia could push crude oil prices beyond India’s comfort zone. | Photo Credit: Getty Images/iStockphoto The story so far: The Indian economy, measured in terms of the Gross Domestic Product (GDP) as well as Gross Value-Added (GVA), grew 7.8% between April and June (first quarter or Q1) this…
Read More “What’s in store for the economy in second half? | Explained” »
GST revenue growth slowed to 10.2% in September
Photo used for representation purpose only. Growth in India’s gross GST revenues slowed to 10.2% in September from around 10.8% in the previous two months, but collections improved 2.3% over August revenues to touch ₹1,62,712 crore. Revenues from domestic transactions (including import of services) are 14% higher than the revenues from these sources during the…
Read More “GST revenue growth slowed to 10.2% in September” »
Finance Ministry notifies Oct. 1 date for implementing amended GST law provisions for e-gaming
Image for representation purpose only. | Photo Credit: Reuters The Finance Ministry has notified October 1 as the date for implementation of the amended GST law provisions for taxing e-gaming, casinos and horse racing. According to the changes to the Central GST Act, these supplies will henceforth be treated as “actionable claims” similar to lottery,…
Finance Ministry confident of 6.5% growth in FY24 despite symmetric risks
Finance Ministry exuded confidence that the country will achieve 6.5% growth in FY24 on the back of improved corporate profitability, private capital formation and bank credit growth, notwithstanding the risks of rising crude oil prices and monsoon deficit. The Finance Ministry on September 22 exuded confidence that the country will achieve 6.5% growth in FY24…
Read More “Finance Ministry confident of 6.5% growth in FY24 despite symmetric risks” »
Centre Announces Welfare Measures For LIC Agents, Employees
The ministry decided to enhance the gratuity limit from Rs 3 lakh to Rs 5 lakh for LIC agents. New Delhi: The Ministry of Finance on Monday approved a series of welfare measures for the benefit of Life Insurance Corporation of India (LIC) agents and employees according to a release from the Ministry. The ministry…
Read More “Centre Announces Welfare Measures For LIC Agents, Employees” »
Wrong to assess economic activity on GDP alone: Finance Ministry
September 15, 2023 10:35 pm | Updated September 16, 2023 08:31 am IST – NEW DELHI “Indian GDP data are not seasonally adjusted, and they are also revised multiple times before they are finalised three years after the close of the relevant financial year,” the Finance Ministry said. File | Photo Credit: PTI The Finance…
Read More “Wrong to assess economic activity on GDP alone: Finance Ministry” »
Government exempts LPG imports from agri cess
Image used for representational purpose. | Photo Credit: Thulasi Kakkat The government has exempted imports of LPG, liquified propane and liquified butane from 15% agri cess with effect from September 1. The government had in July imposed a 15% agri cess on imports of these goods. Also read | Centre slashes LPG prices by ₹200…
Government Exempts LPG Imports From Agriculture Cess
The government had in July imposed a 15 per cent agri cess on imports of these goods. New Delhi: The government has exempted imports of LPG, liquified propane and liquified butane from 15 per cent agri cess with effect from Friday. The government had in July imposed a 15 per cent agri cess on imports…
Read More “Government Exempts LPG Imports From Agriculture Cess” »