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finance ministry

GST Collection At All-Time High In December: Govt

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

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…

Now Claim Income Tax Deductions Till June 30

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…