Tag: pankaj chaudhary
GoM on GST compensation cess holds first meeting: No new levies until future is decided
The 10-member group of ministers (GoM) on compensation cess decided in its first meeting on Wednesday not to extend the levy to any new item…
GST Compensation Cess Future: Group of Ministers proposes merger with taxes
The group of ministers (GoM) on GST compensation cess, under Minister of State for Finance Pankaj Chaudhary, on Wednesday discussed merger of compensation cess into…
MoS Finance likely to be convenor of GoM on GST compensation cess
The Group of Ministers on reworking the nomenclature for GST compensation cess is likely to be convened by Union Minister of State for Finance Pankaj…
Assets worth Rs 3.86 lakh cr monetised in 3 years to FY24; coal sector highest contributor
The government on Monday said assets worth Rs 3.86 lakh crore have been monetised in three years to 2023-24, with a major chunk coming from…
Jobs & infra creation to boost household savings: Finance Ministry
The government’s focus on ease of doing business, skilling, employment generation and infrastructure creation “creates a congenial environment for growth of household income and saving”,…
LTCG Tax: Govt mopped up Rs 98,681 cr from taxing long term capital gains in listed equities in FY23: M0S Pankaj Chaudhary
NEW DELHI: The government has garnered Rs 98,681 crore from long term capital gains tax on listed equities in 2022-23, a 15 per cent growth…
Rs 1,750 cr released for several Andhra backward districts
New Delhi: The Central government has released Rs 1,750 crore under the Andhra Pradesh Reorganisation Act (APRA) for the development of seven backward districts of…
‘Govt debt may ease to 5-year low of 56.8% of GDP in current fiscal’
New Delhi: The central government’s total debt is estimated to ease to a five-year low of 56.8% of the country’s gross domestic product (GDP) in…
GST ITC claims: Fake ITC claims detection by central GST officers up 51 pc at Rs 36,374 cr in FY24
Fake input tax credit (ITC) claims detection by central GST officers increased 51 per cent to Rs 36,374 crore in 2023-24, Parliament was informed on…
black money law: Tax demands of Rs 13,566 crore raised in four fiscals under black money law: MoS Finance
The income tax department raised tax demands amounting to Rs 13,566 crore during the last four financial years under the black money law to deal…