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Mar 01, 2021 05:53 PM IST GST collection in February stood at Rs 1.13 lakh crore, 7 percent higher year-on-year, but lower than an all-time high of nearly Rs 1.20 lakh crore in January, official data showed on March 1.
Feb 27, 2021 06:58 PM IST Bajaj, the incumbent Secretary of Department of Economic Affairs, would be succeeding Dr ABP Pandey upon the latter's superannuation.
Feb 26, 2021 11:34 PM IST Sovereign Gold Bonds 2020-21 (Series XII) will be open for subscription from March 1 to 5, 2021.
Feb 24, 2021 04:56 PM IST The private sector banks can be involved in "conduct of government-related banking transactions such as taxes and other revenue payment facilities", the Department of Financial Services (DFS) said.
Feb 19, 2021 09:59 AM IST The decision comes despite the Indian government having 'welcomed' Cairn Energy’s efforts to reach out for a dispute resolution
Feb 18, 2021 06:42 PM IST The band, on the basis of which monetary policy is decided by a six-member committee headed by the central bank governor, was established in 2016.
Feb 18, 2021 05:20 PM IST The meeting between Cairn Energy CEO Simon Thomson and finance secretary Ajay Bhushan Pandey comes amid speculation that India is set to challenge an international arbitration award that went against it over the retrospective levy of taxes.
Feb 15, 2021 08:54 PM IST In one case, four non-existent firms were created by the main perpetrators to pass on ITC of Rs 54 crore, primarily to 14 other firms.
Feb 15, 2021 08:01 PM IST Out of this, an amount of Rs 86,729.93 crore has been released to the states and Rs 8,270.07 crore to the three UTs with legislative assembly (Delhi, Jammu and Kashmir, Puducherry).
Feb 09, 2021 09:27 PM IST The latest Economic Survey projected growth rate to rebound to 11 percent during 2012-22 while the Budget estimated real GDP to be between 10-10.5 percent.
Feb 08, 2021 06:39 PM IST Economy in tatters, a raft of sectors batted by the virus crying for help, plenty of lobbying from all quarters. Yet the policymakers stuck to the task of creating a Budget affixed on growth goals. A behind-the-scenes look at what went into the making of Budget 2021.
Feb 07, 2021 06:16 PM IST In a letter to chief minister Pinarayi Vijayan, dated January 5, Union finance minister Nirmala Sitharaman asked Kerala Rail Development Corporation (K-Rail), the nodal implementation agency, to expedite land acquisition for the most ambitious project of the state till date after obtaining necessary clearances.
Feb 06, 2021 08:42 PM IST A total of 12 states in India have so far completed the ease of doing reforms - which are aimed at increasing private investment and creating an atmosphere conducive for business.
Feb 01, 2021 05:38 PM IST In the budget of 2018-19, the government had announced its intent to establish a system of regulated gold exchanges in the country. For this purpose, SEBI will be notified as to the regulator. For warehousing purposes, the government has appointed Warehousing Development and Regulatory Authority as a regulator.
Feb 01, 2021 11:34 AM IST From boosting healthcare, giving infrastructure a big push and extending support to the agriculture sector, Finance Minister Nirmala Sitharaman in her Budget laid out India's path to economic recovery. Here are all the highlights:
Jan 31, 2021 08:37 PM IST This is the highest GST revenue the government has collected since the rollout of the Goods and Services Tax regime.
Jan 29, 2021 08:34 AM IST A month after the rollout of Budget 2020, the country was hit by the COVID-19 jolt. The pandemic brought most economic activities to a standstill, as a countrywide total lockdown was imposed.
Jan 29, 2021 08:19 AM IST The Economic Survey usually provides detailed account of the state of the economy, prospects and the policy challenges. Here is what we can look forward to this year
Jan 28, 2021 04:06 PM IST At a press conference, former finance minister P Chidambaram also demanded that the government should make direct cash transfers to 20-30 per cent of the families at the bottom of the economy at least for a period of six months.
Jan 27, 2021 05:40 PM IST This amount is the second instalment of basic grants released in the financial year 2020-21, the ministry said in a statement.
Jan 27, 2021 10:20 AM IST Budget 2021 Highlights: The Budget Session will commence from January 29 and the first part of it will conclude on February 15
Jan 25, 2021 02:41 PM IST Till now, 70 per cent of the total estimated GST compensation shortfall has been released to the states and union territories (UTs) with legislative assembly.
Jan 19, 2021 05:02 PM IST Successful implementation of the reform has made the state eligible to mobilise additional financial resources equivalent to 0.15 per cent of its Gross State Domestic Product (GSDP).
Jan 18, 2021 07:13 PM IST The ministry in a statement said it has released the 12th weekly instalment of Rs 6,000 crore to the states to meet the GST compensation shortfall.
Jan 15, 2021 03:13 PM IST Currently, the corporate tax rates for Foreign Companies are 43.68 percent and for Domestic Companies is 25.17 percent .
