Centre Cuts Import Duty on Edible Oils
The government cut the import duty on edible oils, mainly palm oil, soyabean oil and sunflower oil, to control increasing cooking oil prices and inflation....
Tag : Finance ministry
JB Mohapatra Appointed as Chairman of Central Board of Direct Taxes
Indian revenue services officer JB Mohapatra has been selected as the Chairman of the Central Board of Direct Taxes (CBDT), the finance ministry announced in...
GST Collection in August at Over Rs 1.12 Trillion: Government
On 31 August, GST revenue remained above the Rs 1 trillion marks for the second straight month in August at over Rs 1.12 trillion, 30...
FinMin Issues Rs 13,386 Cr to 25 States as Grant to RLBs
The Finance Ministry has issued Rs 13,386 crore to 25 states to grant rural local bodies (RLBs). Tied grants are released to the rural local...
GST Collection For June Falls to Rs 92,849 Cr
The impact the second wave of Covid-19 showed on Goods and Service Tax (GST) as collections for June 2021 fell to Rs 92,849 crore, the...
Centre Extends Anti-Dumping Duty on Some Steel Items Till December 15
The government extended anti-dumping duty on various steel products until December 15, intending to guard domestic manufacturers from cheap imports from countries like China, Japan,...
GST Collection Up 65% in Month of May
The Goods and Service Tax (GST) collection in May came in at Rs 1.02 lakh crore, official data by the Finance Ministry showed on June...
Ajay Seth Takes Over as New Economic Affairs Secretary
Newly appointed economic affairs secretary, Ajay Seth, took charge of the department of economic affairs on Friday, the finance ministry said in a Twitter update....
Centre Reports 12% Jump in FY21 Indirect Tax Revenue
Robust growth in receipts from customs duty and central excise—mostly from auto fuel, has helped the central government to report a 12 per cent jump...
Indian Market Sees Rs 2.74 Lakh Cr Worth FPI Inflows During FY21
The Finance Ministry on Tuesday said India witnessed strong Foreign Portfolio Investment (FPI) inflows into the equity markets to the tune of Rs 2,74,034 crore...