Tag: finance ministry
Committee on review of pension system for govt employees consulting stakeholders: FinMin
The Finance Secretary-headed committee to review the pension system for government employees is in the process of consulting stakeholders and is yet to finalise its…
budget: Finmin meets secretaries over budget capex
New Delhi: Secretaries and senior officials from across ministries met on June 17 to discuss ways to fast-track rollout of projects and to draw up…
India examining recommendation to impose countervailing duty on Chinese steel imports
India‘s finance ministry is considering a proposal to impose countervailing duty on steel imports from China, Vivek Johri, chairman of the board of indirect taxes…
Final Cost Inflation Index for FY24 to be fixed at 348
Finance Ministry has notified the final Cost Inflation Index (CII) for FY24 (Assessment Year 2024-25) at 348, same as the provisional index notified in April….
Sri Lanka: Sri Lanka lifts import limits on 286 items as crisis eases
COLOMBO: Sri Lanka lifted import restrictions on 286 items, the Finance Ministry said on Saturday, a fresh sign the South Asian nation is starting to…
EPFO looks to increase equity investments
The Employees’ Provident Fund Organisation is considering enhancing its equity exposure and reinvesting redemption proceeds from its investments in exchange-traded funds back in equity or…
Leave encashment tax-free till ₹25 lakh for private sector employees. Details
PTI | | Posted by Nisha Anand In line with the Budget announcement, the finance ministry on Thursday hiked the tax exemption limit for leave…
Infrastructure may get new definition to woo investors
The government is looking to redefine ‘infrastructure’ and devise a new framework to ease flow of funds to the sector. The finance ministry has tasked…
India inflation: India to see downside risks to growth, upside risks to inflation: Finance Ministry
India‘s economy is likely to see downside risks to growth and upside risks to inflation, partly due to challenges in the country’s external sector as…
CBIC rolls out module for automated scrutiny of GST returns
The Central Board of Indirect Taxes and Customs (CBIC) has rolled out a module for automated scrutiny of GST returns. “This module will enable the…