Tag: finance ministry
CBIC relaxes norms for Customs Cargo Service Providers
The Central Board of Indirect Taxes and Customs (CBIC) Friday reduced insurance requirement for stored custom cargo to five days from 10 days. It also…
Company registrations on downhill trek, down 22% in October
NEW DELHI: Fresh company incorporations saw this fiscal’s steepest fall in October and the registration of limited liability partnerships (LLPs) eased for the first time…
Outlook bright, but demand needs monitoring: MoF
New Delhi: India’s economic outlook remains bright, underpinned by a stable external sector, positive farm prospects and chances of higher government spending to make up…
Nothing stops private sector from coming and doing business in India: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman has stressed that nothing stops the private sector from coming and doing business in India, noting that there are many…
voluntary provident fund: More savings in the offing: VPF limit for tax-free interest may be hiked
NEW DELHI: The government could raise the ceiling on contributions with taxfree interest to the voluntary provident fund (VPF) under the Employees’ Provident Fund Organisation…
FinMin seeks expenditure proposals for supplementary demands for grants
New Delhi: The finance ministry has sought expenditure proposals for the first batch of supplementary demands for grants from various ministries and departments ahead of…
Over 34.84 lakh IT audit reports filed on e-filing portal up to Oct 7: Finmin
The finance ministry on Wednesday said more than 34.84 lakh audit reports, including about 34.09 lakh Tax Audit Reports (TARs), have been filed for assessment…
Finance Minister Nirmala Sitharaman calls for faster cap investment rollout by states
Finance minister Nirmala Sitharaman on Friday asked expenditure secretary Manoj Govil to coordinate with states to expedite the submission and approval of project proposals and…
Growth to hold steady, but global risks Remain: FinMin
The finance ministry on Thursday said economic growth would remain steady in the coming quarters as public expenditure gathers pace after the general election and…
Finance Ministry’s pre-Budget meetings to begin from October 10
The finance ministry will commence from October 10 its pre-Budget meetings with review of six ministries and departments, including new & renewable energy and skill…