48th GST Council Gives Nod To Decriminalise Specific Offences: FM
Revenue Secretary Sanjay Malhotra said that the GST Council agreed to decriminalise certain offences; threshold of launching prosecution doubled to Rs 2 crore.
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Nirmala Sitharaman
Govt Slashes GST Rates On COVID Drugs, Other Essentials
New Delhi: The Goods and Services Tax (GST) Council on Saturday announced a series of rate cuts and exemptions for COVID-19 essential items, including important drugs against the disease.
The decision to rationalise the rates were taken at…
Good News Depositors: Govt Rolls Back Steep Cuts On Interest Rates
New Delhi: A day after announcing steep cuts on interest rates on small savings schemes, the government on Thursday rolled back the order.
Finance Minister Nirmala Sitharaman declared that “orders issued by oversight” would be withdrawn.…
FM’s Advice: Centre, States Should Talk To Bring Down Retail Fuel Price
New Delhi: Union Finance minister Nirmala Sitharaman on Saturday suggested that the Centre and state governments should talk and bring down retail fuel price to a reasonable level for consumers.
Nirmala termed the rising fuel price a…
Stock Market Bullish As Sensex, Nifty Post Best Budget-Day Gains Since 1997
New Delhi: Any Union Budget, presented by whichever Finance Minister, never pleases all sections of the society and evokes mixed reactions. It was no different with Nirmala Sitharaman’s Budget speech on Monday.
At the stock market,…
Union Budget: What Will Cost You More, What Will Be Cheaper
New Delhi: Health emerged as the topmost priority for the Narendra Modi government as Finance Minister Nirmala Sitharaman proposed more than doubling of healthcare spending in the Union Budget she presented on Monday.
At the same time, the…
Union Budget: Govt To Introduce Pre-Filled ITR Forms With Dividend, Interest Incomes
New Delhi: The government will introduce pre-filled Income Tax Return (ITR) forms for individual taxpayers.
During her Budget speech in Pariliament on Monday, Union Finance Minister Nirmala Sitharaman said the new ITR form will contain…
Union Budget 2021: FM Woos Poll-Bound Bengal With Sari, Tagore & Big Bucks
New Delhi: With Bengal going to polls in just over two months from now, the state featured prominently in the Union Budget presented by Finance Minister Nirmala Sitharaman on Monday.
Sitharaman read out her Budget speech wearing a ‘laal…
Union Budget 2021: Citizens Above 75 Years Exempted From I-T Returns Filing
New Delhi: For those above75 years of age with pension as their only source of income, the government has granted exemption from filing income tax returns.
“We shall reduce the compliance burden on our senior citizens who are 75 years of…
Union Budget 2021: Rs 1.1 Lakh Crore Allocated To Railways
New Delhi: Finance Minister Nirmala Sitharaman has announced Rs 1.1 lakh crore to Indian Railways. “The Budget will provide Rs 1.1 lakh crore to Indian Railways in FY-22 of which Rs 1.07 lakh crore is for capital expenditure,” the minister…