[ad_1] As of now, the government has rolled out 14 PLI schemes for various sectors like telecom, Pharma and textiles among others. [ad_2] Source link
[ad_1] New Delhi: Number of entities, including individuals, who filed income tax returns increased by 6.18 per cent in 2022-23 to over 7.40 crore, of which about 5.16 crore declared zero tax liability, Finance Minister Nirmala Sitharaman said on Monday. “There has been a 6.18 per cent increase in the number of persons filing Income … Read more
[ad_1] The tweak in the definition of an SUV for attracting a cess over and above the GST rate will provide clarity on the taxation structure for utility vehicles, ensuring that the rate entry is more precise leaving little room for interpretation on the ambit of ground clearance, auto industry experts said on Tuesday. The … Read more
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[ad_1] Read more The 50th meeting of the GST council is also expected to finalise contours for setting up appellate tribunal, and demand of the industry for reimbursement of full CGST and 50 per cent IGST in 11 hill states under the ‘scheme for budgetary support’. The GST Council is likely to provide for mandatory … Read more
[ad_1] NEW DELHI: Finance minister Nirmala Sitharaman on Saturday said GST implementation has brought relief to the common citizens and helped raise revenues of the Centre and the states as her ministry reported that gross GST revenues in June rose 12% to Rs 1.6 lakh crore.Data released by the finance ministry showed that gross GST … Read more
[ad_1] Nirmala Sitharaman underlined the need for continuing the momentum to fuel economy. (File) New Delhi: Finance Minister Nirmala Sitharaman on Saturday said the public sector banks’ profit in the last nine years has tripled to Rs 1.04 lakh crore due to initiatives taken by the government and underlined the need for continuing the momentum … Read more
[ad_1] NEW DELHI: Finance minister Nirmala Sitharaman said on Saturday that the Indian economy has moved away from the twin-balance sheet problem of banks and corporates to twin-balance sheet advantage because of the concerted efforts of the Modi government.Profit of public sector banks increased to Rs 1.04 lakh crore in 2022-23, tripling from what it … Read more
[ad_1] The changes were expected to take place from July 1. The transactions conducted via international credit cards while abroad will not be counted under the Liberalised Remittance Scheme and will not be subject to TCS even after October 1. There will be no change in the higher Tax Collected at Source (TCS) rate on … Read more
[ad_1] New Delhi: Union Minister Nirmala Sitharaman on Sunday slammed former US president Barack Obama’s statement about minority rights in India, saying his remarks were surprising as six Muslim-majority countries had faced US “bombing” during his tenure. She said Prime Minister Narendra Modi has received the highest civilian awards from 13 countries, including six with … Read more