Exchange Rate Notification No.46/2021 – Customs (N.T.)
In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No.43/2021-Customs(N.T.),...
GST compensation shortfall released to States reaches Rs. 1 lakh crore
The Ministry of Finance, Department of Expenditure has on Friday, released the 17th weekly instalment of Rs.5,000 crore to the States to meet the GST...
Finance Minister presents first ever Union Budget digitally; Focus on Atma Nirbhar Bharat
The Union Minister for Finance & Corporate Affairs, Smt Nirmala Sitharaman presented the Union Budget 2021-22 in Parliament today, which is the first budget...
The Report of the Fifteenth Finance Commission
The Fifteenth Finance Commission (XVFC)’s ToR was unique and wide ranging in many ways. The Commission was asked to recommend performance incentives for...
India to Become the Fastest Growing Economy in Next Two Years as Per IMF
India’s real GDP to record a growth of 11 per cent in 2021-22 and nominal GDP by 15.4 per cent-the highest since independence. The...
Extension of due dates for Annual Return and Reconciliation Statement for 2018-19
The Government has been receiving a number of representations regarding need to extend due date for filing Annual Return (FORM GSTR-9) and Reconciliation Statement...
Twenty States allowed to mobilize Rs.68,825 crore
The Department of Expenditure, Ministry of Finance, has today granted permission to 20 States to raise an additional amount of Rs.68,825 crore through open...
Measures taken by Government to reform Direct Tax regime
Over the last few years, in order to provide a non-intrusive and non-adversarial tax ecosystem, the Government has taken various measures to reform the...
Interest on delayed payment of GST: CBIC
The Central Board of Indirect Taxes & Customs (CBIC) today clarified that the Notification No. 63/2020-Central Tax dated 25th August 2020 relating to interest on...
Structural Reforms are a Key Priority of the Government: Finance Minister
Addressing the captains of the Indian Industry, Union Minister of Finance and Corporate Affairs, Smt. Nirmala Sitharaman stressed that structural reforms are a key...
Latest article
NHRC, India takes suo motu cognizance of the reported trafficking, selling and sexual assault of a...
The National Human Rights Commission (NHRC), India has taken suo motu cognizance of a media report that a 17-year-old tribal girl from the Kankadahada area of...
Cabinet approves the construction of new coastal Highway from Rameshwar to Paradeep (Part of...
The Cabinet Committee on Economic Affairs, chaired by the Prime Minister Shri Narendra Modi, today has approved the construction of new coastal Highway from...
National Prudence, Fuel Conservation and Responsible Gold Consumption in Times of Global Uncertainty
Calibrated fuel prioritisation policies during emergencies may ensure that essential public utilities receive priority access over luxury or non-essential consumption. Such measures must remain...
