The Finance Ministry has allowed the PNB Housing Finance Limited to perform Aadhar Authentication under the Aadhaar (Targeted Delivery of Financial and Other Subsidies, Benefits and Services) Act, 2016 for the purposes of section 11A
The Finance Ministry has notified Agreement for Exchange of Information between India and Marshall Islands. The Agreement between the Government of the Republic of India and the Government of the Republic of the Marshall Islands
Amidst the controversies relating to the technical glitches in the new income tax website, the Ministry of Finance has summoned Infosys CEO Salil Parekh tomorrow to explain the continuing glitches in the portal, which has
Amidst mounting concerns and industry pushback, the Finance Ministry is considering pushing back the implementation of the 45-Day Micro, Small, and Medium enterprises (MSMEs) Payment Rule from April 2024 to 2025. This decision comes in
The Ministry of Finance, for ensuring accessibility for persons with disabilities in the banking sector has introduced "Accessibility Standards and Guidelines for Banking Sector." This move aligns with the mandate outlined in Section 40 of
A Task Force set-up under the Co-chairmanship of the Revenue Secretary and Corporate Affairs Secretary with members from various regulatory Ministries and Enforcement Agencies to monitor the actions taken against deviant shell companies by various
The Government allocated work to Pankaj Chaudhary, who has recently taken charge of the Ministry of State (MoS) in the Finance Ministry. “All matters pertaining to the Department of Revenue (DoR), Department of Economic Affairs
Government of India have announced the Sale (re-issue) of (i) “6.84 per cent Government Stock 2022” for a notified amount of Rs. 2000 crore (nominal) through price based auction, (ii) “6.97 per cent Government Stock 2026” for a notified amount
The Finance Ministry has launched the Dirghayu Mobile App developed by the Central Pension Accounting Office ( CPAO ) on 27th February 2024. This innovative mobile application aims to provide a wide array of services
The Finance Ministry has clarified that, Rumours on levy of GST on Temple trusts are baseless. There are some messages going around in the social media stating that the temple trusts have to pay the
In a recent press release, the finance ministry announced the implementation of the Electronic Cash Ledger ( ECL ) system for payment of import duties on goods imported through International Courier terminals, effective immediately. This
The Ministry of Finance today extended the deadline of the March, April, May 2020 GST Returns till 3oth June, 2020 due to Corona Virus ( COVID-19) outbreak. The Finance Minister Nirmala Sitharaman has announced that
In pursuance of decision in the 32nd Meeting of GST Council held on 10th January 2019 at New Delhi, a Group of Ministers (GoM) on issues relating to lottery has been constituted. The ‘GoM for Lottery’ shall
Till date, the Goods and Services Tax ( GST) Council has taken 918 decisions related to GST laws, rules, rates, compensation and taxation threshold etc. More than 96% of the decisions have already been implemented
Following the Frequently Asked Questions (FAQs), the ministry clarified the Tax Collection at Source (TCS) collection for modest foreign debit/credit transactions under the Liberalised Remittance Scheme on May 19, 2023. The implementation of Foreign Exchange
