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Finance

Significant Growth Noted in Direct Tax Collections for FY 2023-24

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The Central Board of Direct Taxes (CBDT) has revealed the provisional figures of Direct Tax collections for the Financial Year 2023-24, as of December...
Finance

Union Finance Ministry Clarifies Parliamentary Committee Agenda, Dispels Merger Speculations

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The Union Finance Ministry has issued a clarification on the agenda of a parliamentary committee meeting scheduled for early next year, putting an end...
Finance

Record-Breaking 7.85 Crore ITRs Filed Till October 31, Reflecting an Impressive 11.7% Year-on-Year Increase

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Until October 31, 2023, the Income Tax Department achieved a record-breaking number of Income Tax Returns (ITRs) filings, which marked the deadline for filing...
Finance

REC and PNB Collaborate to Co-finance Infrastructure Project Debts

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New Delhi: REC Limited and Punjab National Bank (PNB) have entered into a Memorandum of Understanding (MoU) to jointly explore opportunities for funding projects...
Finance

Ministry of Finance Approves Welfare Measures for LIC Agents and Employees

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New Delhi: The Ministry of Finance approved a series of welfare measures for the benefit of Life Insurance Corporation of India (LIC) agents and...
Finance

REC Signs USD 100 Million Loan Agreement With EXIM Bank

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New Delhi: REC Limited, a Maharatna Central Public Sector Enterprise operating under the Ministry of Power, has recently entered into a Foreign Currency Term...
Finance

ADB, GoI Sign $295 Million Loan to Upgrade State Highways in Bihar

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New Delhi: The Asian Development Bank (ADB) and the Government of India have signed an agreement, securing a $295 million loan. The funds will...
Finance

PM SVANidhi’s App Launched for Street Vendors to Avail Micro-Credit Facility

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New Delhi: The Ministry of Housing & Urban Affairs (MoHUA) launched the mobile application of PM SVANidhi on 1st June, 2023, specifically designed for...
Finance

‘India-Indonesia Economic and Financial Dialogue’ Platform Launched

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The platform seeks to strengthen cooperation between the two nations. New Delhi: Ms. Sri Mulyani Indrawati, the Minister of Finance of Indonesia, and Smt. Nirmala...
Finance

GST Hikes on Online Gaming, SUV, MPVs’ and Other Key Decisions Announced at GST Council Meet

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New Delhi: The Goods and Service Tax (GST) Council held its 50th meeting in New Delhi on Tuesday and made several changes to the...
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