GST collections hit all-time high of Rs 1.42 lakh Cr in March
Goods and Services Tax (GST) collections for March hit an all-time high of Rs 1.42 lakh crore, up 6.8 percent from the previous month.
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Ministry of Finance
Highlights of Union Budget 2021
Finance Minister Nirmala Sitharaman presented the Union Budget 2020-21. This is the first paperless budget, Union Budget 2021, Budget News
Deadline for Filing Income Tax Return Extended
In view of the continued challenges faced by taxpayers due to outbreak of COVID-19, the Central Government on Wednesday further extended the dates for various compliances.
Highlights: Centre’s Rs 1.7 lakh crore Economic Relief Package for Poor
TNI Bureau: The Centre has announced a Rs 1.7 lakh crore economic relief package - 'PM Garib Kalyan Yojana' to provide immediate support to all poor and vulnerable sections of the society in the wake of 21 day lockdown owing to Coronavirus…
Highlights of Union Budget 2020
TNI Bureau: On the second day of the Budget session of the Parliament, Finance Minister Nirmala Sitharaman presented the Union Budget 2020-21 on Saturday.
Here are the Key Highlights:
Agriculture
Rs 2.83 lakh crore for Farm…
Tax Reforms @ Union Budget 2020
TNI Bureau: Finance Minister Nirmala Sitharaman on Saturday announced a new regime of personal income tax.
As per the new personal income tax regime individual taxpayers to pay tax at a reduced rate of 10% for income between Rs 5-7.5…
Govt announces steps to boost Housing; no prosecution for minor Tax offences
TNI Bureau: Finance Minister Nirmala Sitharaman on Saturday addressed a press conference in New Delhi to elaborate on the Ministry's efforts to boost the economy and growth in the real estate sector.
The Finance Minister summaries the…
Niramala Sitharaman announces 4 Massive Bank Mergers in India: Key Highlights
TNI Bureau: Finance Minister Nirmala Sitharaman today announced a big reforms in public sector banks in India.
The Finance Minister announced amalgamation of 10 public sector banks into four big banks.
After today's announcement…
Income Tax Returns filing deadline extended to August 31
TNI Bureau: The Central Board of Direct Taxes (CBDT) extended the 'due date' for filing of Income Tax Returns from 31st July 2019 to 31st August 2019 in respect of certain categories of taxpayers who were liable to file their Returns by…
India’s External Debt at US$ 483.2 bn at end-September 2015
Department of Economic Affairs, Ministry of Finance, Government of India has been compiling and releasing quarterly statistics on India’s External Debt for the quarters ending September and December every year. Now it has released Report on…