Sat, Nov 02, 2024
Gross GST collection grew 9 per cent to over Rs 1.87 lakh crore in October on higher revenues from domestic transactions.
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Tue, Oct 22, 2024
India's GDP growth is likely to moderate from 8.2 per cent in 2023 to 7 per cent in 2024 and 6.5 per cent in 2025 because the pent-up demand accumulated during Covid has exhausted, as the economy reconnects with its potential, the International Monetary Fund (IMF) said on Tuesday.
Thu, Oct 17, 2024
India is poised to be the third largest global economy by 2030 but its rising population presents mounting challenges in basic service coverage and growing investment needs to maintain productivity, S&P Global Ratings said on Thursday.
Sat, Feb 01, 2020
The ministry launched Government e-Marketplace (GeM), an online platform for public procurement, in August 2016 with the objective of creating an open and transparent procurement platform for government departments.
Balanced use of fertilizers: She said, there is a need to encourage a balanced use of fertilizers and this is a necessary step to change the prevailing incentive regime which promotes chemical fertilisers.
Budget 2020: Aadhaar-based verification "Will help in weeding out dummy or non-existent units. Dynamic QR code proposed for consumer invoices. GST parameters will be captured when payment for purchases is made through QR code," Finance Minister Nirmala Sitharaman said during her budget speech
Income tax slabs Budget 2020: In a big relief for income tax payers, Finance Minister Nirmala Sitharaman on Saturday introduced new slabs and reduced the tax rate! This applies to different slabs for an income of up to Rs 15 lakh per annum.
India should be a preferred destination for education - Study in India, the Finance Minister said while presenting the Budget 2020. National Police University, National Forensic Science University to be established. Caption: Budget 2020: Finance Minister Nirmala Sitharaman presentation the Union Budget on Saturday
Union Budget 2020: Finance Minister of India Nirmala Sitharaman on Saturday presented the Aam Budget 2020 in Parliament. Here are important things to know from FM Nirmala Sitharaman's speech - (ANI photo)
"Considering the difficulties being faced by taxpayers in filing GSTR-9 and GSTR-9C for FY 2017-18 it has been decided to extend the due dates in a staggered manner for different groups of states to 3rd, 5th and 7th February 2020 as under. Notifications will follow", CBIC said in a late night tweet.
The tradition started by the former Prime Minister Manmohan Singh in 1990s when he was serving the country as its finance minister, which has continued till date. And, I hope the finance minister Sitharaman will not disappoint us by not reciting poems or reading couplets while presenting the Union Budget 2020-21, today.
Fri, Jan 31, 2020
"The poor and the middle-class hope and aspire for a modern 21st century infrastructure in the country. To fulfil this aspiration of the people more than Rs 100 lakh crore will be invested in the next five years. With a special emphasis on connectivity, the government is also focusing on creation of new highways, new waterways, new airways, and new I-ways," the President said.
Any informal sector worker in the age group of 18-40 years can enrol for PM-SYM. The monthly insurance premium ranges from Rs 55 at the age of 18 years to Rs 200 at the age of 40 years. The central government is making equal contributions for these workers under the scheme.
However, it has also cautioned that continued global trade problems, escalation in US-Iran geopolitical tensions, and weak economic recovery in advanced economies are the downside risk which have the potential to drag down the growth.
Economic Survey 2020: Finance Minister Nirmala Sitharaman tabled economic survey 2020 in the Lok Sabha on Friday afternoon.
The Economic Survey this year has been printed in lavender colour - the same as the colour of the new 100 rupee currency note, the oldest currency note in circulation in the country. Importantly, The Economic Survey said that growth has bottomed out. (#BudgetOnZee)
Economic Survey 2020: Finance Minister Nirmala Sitharaman has tabled the Economic Survey 2020 in the Lok Sabha today.
An order issued by the Ministry of Personnel, Public Grievances and Pensions said, "The Appointments Committee of the Cabinet (ACC) has approved the appointment of M. Ajit Kumar, IRS (C&CE 84), as Chairman, Central Board of Indirect Taxes and Customs (CBIC)." Kumar is presently a member of CBIC.
"The government intends to divest 15 per cent paid-up equity capital of HAL out of its shareholding of 89.97 per cent through OFS method of shares by promoters," said the request for proposal (RfP) floated by the finance ministry for appointment of merchant bankers.
Thu, Jan 23, 2020
Consumer Sentiments need to be improved, Pawan Goenka says. The government should keep aside the fiscal deficit target of 3.3% for the next two years
Vikram Kirloskar, President, Confederation of Indian Industry (CII), talks about India's focus on the theme of World Economic Forum 2020 and budget expectations during a candid chat with Swati Khandelwal, Zee Business, on the sidelines of the World Economic Forum in Davos (#ZeeBusinessatDavos).
Wed, Jan 22, 2020
Expectations of income tax relief from the government in the Budget 2020 along with relief in longterm capital gains tax. The government also needs to simplify investment rules, Deena Mehta says
Tue, Jan 21, 2020
Investors can include mid-cap and small-cap stocks of good companies in their portfolio, Ramdeo Agrawal of Motilal Oswal Financial Services says
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