Tag: finance ministry
Rs 9,000 crore land assets monetised so far in FY27
New Delhi: The National Land Monetisation Corporation (NLMC) has completed asset monetisation transactions worth ₹9,000 crore and is targeting another ₹5,000-6,000 crore in this financial…
CBIC holds outreach programme in Chandigarh to discuss GST 2.0 reforms with taxpayers
Chandigarh: More than 200 taxpayers, industry representatives and tax professionals on Friday interacted with the top leadership of the Central Board of Indirect Taxes and…
Abolish LTCG, rationalise STCG, STT rates on equities: PHDCCI to Finance Ministry
New Delhi: Industry chamber PHDCCI has written to the income tax department recommending abolition of Long Term Capital Gains tax and rationalisation of STCG and…
Finance ministry estimates India’s Q2 FY27 GDP growth at 7.35%
The finance ministry’s nowcasting model estimates India’s economy will grow 7.35% in FY27, according to its monthly economic report published on Thursday, supported by stronger…
Finance Ministry to run financial inclusion campaign
New Delhi: The finance ministry will run a nationwide campaign to saturate financial schemes and other key interventions, covering 2.70 lakh gram panchayats and urban…
GST Council proposes 2% TDS on scrap deals
NEW DELHI: The 57th Goods and services tax (GST) Council has proposed a 2% tax deducted at source (TDS) on specified waste and scrap transactions…
Centre plans faceless CGST scheme in 3-4 months, seeks to cut taxpayer-officer interface
New Delhi: The Centre plans to launch a faceless scheme under the Central Goods and Services Tax (CGST) on a pilot basis within the next…
GST Council may scrap arrest provisions, fast-track refunds with 90% automatic payout
New Delhi: The 57th GST Council meeting is likely to consider major changes in tax compliance, including a proposal to remove arrest provisions under the…
India to keep taxation out of bilateral investment treaty framework; Cabinet note ready
New Delhi: India will keep taxation out of the ambit of bilateral investment treaties. The model text of the treaty is expected to be taken…
Budget 2027-28 process begins October 12 with month-long pre-budget meetings
New Delhi: The finance ministry will begin a month-long series of pre-budget meetings from October 12 as part of the preparations for Union Budget 2027-28….