Regarding the preparation of the Budget 2023-24, a meeting of the finance ministers of all the states has been organised by the Union Finance Ministry to invite suggestions and proposals from the States. Chhattisgarh Chief Minister Bhupesh Baghel will present his proposals on economic issues related to the state's interest. Along with this, the chief minister will also draw the attention of the Finance Minister on the pending demands of the state.
New Delhi [India], September 1 (ANI): The Income Tax Department has raided 28 premises spread in West Bengal and Jharkhand belonging to a prominent Kolkata-based business group engaged in the manufacturing of power transmission and distribution structures, steel structures, steel ERW pipes, and polymer products among others, Union Finance Ministry said on Thursday.
New Delhi [India], July 29 (ANI): The Government of India's fiscal deficit stood at Rs 3.52 lakh crore in April-June 2022 period, accounting for 21.2 per cent of the full-year target of Rs 16.6 lakh crore, as per the official data released on Friday.
Amaravati (Andhra Pradesh) [India], July 20 (ANI): The Telugu Desam Party (TDP) on Wednesday expressed serious concern over the deeper financial crisis in Andhra Pradesh which is pushing the state into the worst economic emergency.
New Delhi [India], July 15 (ANI): The Income Tax Department has raided various premises of a Delhi and Mumbai based business group engaged in hospitality, marble, lights trading, and real estate businesses, the Union Finance Ministry said on Friday.
New Delhi [India], July 12 (ANI): The Income Tax Department has conducted searches on more than 40 premises of two business groups of Tamil Nadu engaged in the business of civil contracts, real estate and advertising, the Union Finance Ministry said on Tuesday.
New Delhi [India], July 11 (ANI): The Income Tax Department has conducted raids on over 40 premises linked to two leading real estate groups based in Bengaluru and Hyderabad, the Union Finance Ministry said on Monday.
New Delhi [India], April 11 (ANI): The Directorate General of GST Intelligence (DGGI) Gurugram Zonal Unit, has arrested a person "found to be involved in availing and passing fraudulent Input Tax Credit (ITC) of Rs 16.74 crore" without receipt of goods from different fake, suspended and non-existent firms, the Union Finance Ministry said on Monday.
New Delhi [India], April 8 (ANI): The number of subscribers in various schemes under the National Pension System (NPS) rose to 5.2 crore by end-March 2022 from 4.24 crore in March 2021 showing a year-on-year increase of 22.58 per cent, according to data released by the Union Finance Ministry on Friday.
New Delhi [India], April 8 (ANI): Tax revenue in the financial year ended March 31, 2022, rose to Rs 27.07 lakh crore, which is nearly Rs 5 lakh crore more than the budgetary estimate of Rs 22.17 lakh crore for the year, Union Finance Ministry said on Friday.