Tag: Finance Ministry
Jaitley Introduces Four GST Bills In Lok Sabha
Union Finance Minister Arun Jaitley on Monday introduced the Central Goods and Services Tax (CGST) Bill, 2017, along with three other GST bills in the Lok Sabha.....
Quoting Aadhaar Mandatory For Filing Tax Returns From July 1
Quoting of Aadhaar has been made mandatory for filing income tax returns with effect from July 1, as introduced by the Finance Act, 2017, an official statement said on Wednesday. ....
Centre Releases Rs 17,994 Cr CCL For Wheat Procurement In Punjab
The central government has released an amount of Rs 17,994.21 crore towards Cash Credit Limit (CCL) for Punjab's Rabi (wheat) procurement, a state government spokesman said here on Thursday.....
'E-commerce Term Too Wide In GST, May Cover Commodity Exchanges'
Industry chamber Assocham on Sunday asked the government to clearly define the scope of e-commerce under the Goods and Services Tax (GST) regime, as the current definition is wide enough to even cover commodity derivatives exchanges.....
Government Nod To 8.65% Interest On EPF For 2016-17
The Central government has approved 8.65 per cent interest rate on the Employees' Provident Fund (EPF) deposits for 2016-17, officials said on Friday. ....
Leasing Vehicles Purchased Before July 1 To Attract 65% GST
In order to provide relief to old/existing leases of motor vehicles, the GST Council has decided that the leasing of vehicles purchased and leased prior to July 1 would attract 65 per cent of the applicable GST rate (including compensation cess).....
Direct Tax Collections Up 18% In April-December
India's direct tax collection between April and December in the current fiscal at Rs 6.56 lakh crore was 18.2 per cent higher than for the corresponding period last year, according to an official announcement on Tuesday. ....
Indian Public Debt At December-end Rose To Rs 66.61 Lakh Cr
The Indian government's public debt increased to Rs 66.61 lakh crore by the end of the third quarter ending December, which represented a rise of 1.22 per cent over the previous quarter, official data showed on Thursday.....
GST Collections Stood At Rs 1,45,867 Cr In Nov, 11% Rise Year-on-year
GST collections for November stood at Rs 1,45,867 crore, which were up by 11 per cent year-on-year, according to data released by the Finance Ministry on Thursday. ....
