[ad_1] NEW DELHI: More than four crore income tax returns (ITRs) for the 2022-23 financial year have been filed so far and about 7 per cent of these are new or first-time filers, CBDT chairperson Nitin Gupta said on Monday. He said that more than half of these ITRs have been processed leading to 80 … 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] 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] NEW DELHI: Union Minister Nirmala Sitharaman on Sunday said the finance ministry is working with MeitY and RBI to clamp down on ponzi apps to prevent them from taking away hard earned money of gullible investors.Cautioning investors against ponzi apps, Sitharaman said investors should do their due diligence and should not be lured by … Read more
[ad_1] NEW YORK: India’s finance minister Nirmala Sitharaman said the South Asian nation could buy Russian crude oil near or past the price cap imposed by the G-7 if the recent OPEC+ output cut increases energy costs. “We will have to constantly re-figure where we get the best deal as it is a critical input … Read more
[ad_1] WASHINGTON: Finance minister Nirmala Sitharaman said on Wednesday that there is a need to augment present global efforts, including those of the G20 to address growing debt distress across the globe, as she stressed on debt transparency and information-sharing on this issue.Sitharaman made the remarks at a Global Sovereign Debt Roundtable meeting which was … Read more
[ad_1] NEW DELHI: With the global banking sector plunging into turmoil after the Silicon Valley Bank collapse in US, the Centre on Saturday asked all public sector lenders (PSBs) to assess various financial health parameters.The direction came at a review meeting chaired by Union finance minister Nirmala Sitharaman.Timeline: How the 2023 banking crisis unfoldedAfter a … Read more