Browsing Tag

finance ministry

Petrol & Diesel Prices To Come Down? Govt Works On A Relief Plan

indbadmin Mar 2, 2021

Bhubaneswar/New Delhi: Fuel prices continued with the rising trend with petrol and diesel costing dearer in Bhubaneswar on Tuesday. Petrol was selling at Rs 92.19 per litre in the Odisha capital on Tuesday, up from Monday’s Rs 91.76 per…

GST Collection At All-Time High In December: Govt

indbadmin Jan 1, 2021

New Delhi: The Goods and Services Tax (GST) collection in December 2020 registered a record high of over Rs 1.15 lakh crore, the Union Finance Ministry said on Friday. In fact, the revenues for the month were 12 per cent higher than the…

SBI To Sell Electoral Bonds from January 1

indbadmin Dec 29, 2020

Delhi: The State Bank of India (SBI) has been authorised to sell and encash electoral bonds from January 1, a Finance Ministry statement said on Tuesday. The bonds will be sold through SBI's 29 authorised branches and the parties can…

IT Department Issues Over Rs 71 Cr Tax Refund Amid COVID-19 Crisis

indbadmin Jul 18, 2020

New Delhi: The Central Board of Direct Taxes (CBDT), the top policy-making body of the Income Tax Department has issued refunds worth Rs 71,229 crore in over 21.24 lakh cases till July 11, the Finance Ministry said on Friday. The IT…

Now Claim Income Tax Deductions Till June 30

indbadmin Jun 1, 2020

New Delhi: To ease the burden on taxpayers amidst the coronavirus crisis, the date for making investments or payments for claiming IT deductions for the assessment year 2020-21 has been extended from March 31 to June 30, 2020. This was…