Tag: finance ministry

GST Rate Revised List of goods that will increase in price - INFC E Paper
Posted in GST

GST Rate Revised: List of goods that will increase in price

Consumers may have to fork over more money starting on July 18 as a result of the GST Council’s approval of a rate increase to…

Continue Reading
Nirmala Sitharaman's recent statement on India's ban on cryptocurrency Accordant to the FM, RBI wants to restrict cryptocurrency - INFC E Paper
Posted in Finance RBI

Nirmala Sitharaman’s recent statement on India’s ban on cryptocurrency: Accordant to the FM, RBI wants to restrict cryptocurrency

The Reserve Bank of India is in favour of outlawing cryptocurrencies in India, but Finance Minister Nirmala Sitharaman argues that for the law to be…

Continue Reading
ATF used on overseas flights by Indian carriers is exempt from excise charge INFC E Paper
Posted in Excise

ATF used on overseas flights by Indian carriers is exempt from excise charge

On Friday, the government waived the 11% excise tax on aviation turbine fuel (ATF) purchased from oil marketing firms by domestic airlines operating overseas flights….

Continue Reading
June GST Collection: GST collection surges by 56% YoY to Rs 1,44,616 crore in June
Posted in GST

June GST Collection: GST collection surges by 56% YoY to Rs 1,44,616 crore in June

The Goods and Services Tax (GST) revenue for the month of June surged by 56% on an annual basis to nearly Rs 1.45 lakh crore…

Continue Reading