Finance ministry to launch social media campaign on budgetary terms
The ministry also undertook this exercise before the Budget last year as well. This campaign on promises and delivery, which has also been launched in 12 major regional languages, started with the health sector, unmanned level crossing and Housing for All.
Budget 2020: Commerce ministry for restricting duty-free alcohol purchase to one bottle
These recommendations are part of proposals made by t...
All you need to know about halwa ceremony ahead of Budget
Finance Minister Nirmala Sitharaman, other officials of the ministry and clerks wil...
KV Kamath, Swapan Dasgupta likely to be inducted in Modi govt
There is also the likelihood of Suresh Prabhu making a comeback to the Modi government.
Government considering specific excise duty on ATF
Concessional rate of 2 per cent is applicable for ATF sold under Regional Connectivity Scheme. Ad valorem rate means that the impact of an increase in price of the fuel because of global rate hike translates into an even higher price for airlines as the tax incidence also rises.
Govt considering hike in customs duty on toys, certain paper, footwear products in Budget
The Commerce and Industry Ministry in its Budget recommendations to the Finance Ministry has proposed rationalisation of basic customs or import duty on over 300 items from different sectors, including furniture, chemicals, rubber, coated paper and paper boards.
Alarmed RBI seeks govt relief for telcos to avoid bad loans
Banks like YES, IndusInd, SBI, ICICI and PNB appear to have high exposures to Vodafone Idea.
India plans new law to protect foreign investment: Sources
India plans to attract more capital from overseas to boost stuttering domestic growth by this move.
Government seeks Rs 19,000 crore dividend from oil companies
Company executives say the demand is being made even though profits have have fallen from last year.
Government may address inverted duty structure in Budget
Industry has been demanding that government should remove the anomalies with regard to taxation of raw material and other inputs, the sources said.
December retail inflation reaches 7.35%, breaches RBI's upper end target
CPI has breached the upper end of the RBI's 2-6 percent target band for the first time since July 2016.
Swaminathan Aiyar on why India needs an 'honest' Budget
As India awaits the Union Budget for 2020-21, ET's Consulting Editor Swaminathan Aiyar shares his views on why the country needs a budget fo...
CBIC extends waiver of GSTR-1 late fee
More than 54 lakh filings under goods and services tax (GST) were received by authorities, the finance ministry said through its Twitter handle Friday, more than double from the monthly average of 25 lakh filings, prompting the move.
Maha portfolios: NCP gets 'plum' ministries, Ajit Pawar bags Finance, Anil Deshmukh Home affairs
Maharashtra Deputy Chief Minister and senior NCP leader Ajit Pawar has got the finance and planning department while his party colleague Ani...
Finance Ministry tightens purse strings for January-March quarter
The FinMin has cut ministries’ spending limit to 25% of budget estimate for entire fiscal year.
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