Govt mopped up Rs. 98,681 crore in FY23 from LTCG tax
The government has garnered Rs 98,681 crore from long term capital gains tax on listed equities in 2022-23, a 15
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Finance Ministry
Finance Ministry caps dispute value at Rs. 10 crore for resolving cases through arbitration
In order to streamline the arbitration process to resolve commercial dispute with the government or PSE as one party, the
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January GST collections hit Rs. 1.72 lakh crore up 10.4% y-o-y; second highest since rollout
Gross Goods and Services Tax (GST) collections rose to Rs 1.72 lakh crore in January (for sales in December), up
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At 1.1cr, No. of GST return filers up 65% in 5 years
The number of GST return filers rose about 65% to 1.1 crore in 5 years till April 2023 as compliance
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No stress in households savings, says finance ministry
There is no distress in household savings as is being discussed in some circles, the finance ministry said, asserting that
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Finance ministry notifies 28% GST for online gaming
Online gaming companies will charge 28% GST on full value of bets, while offshore platforms too would be required to
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Net direct tax collection up 23.5% till mid-Sept on better advance mop-up
Net direct tax collection grew 23.51 per cent to over Rs 8.65 lakh crore till mid-September, on higher advance tax
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Take steps to boost rural credit: FM tells Nabard
Finance Minister Nirmala Sitharaman asked Nabard to encourage farmers to shift towards more remunerative but less water guzzling crops, especially
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50k-70k senior citizens may opt for Rs. 30L deposit scheme
The government expects as much as 10% of the seven lakh senior citizens, who are using the full benefit of
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Finance Ministry: No move to levy charges on UPI services
There is no move in the government to levy any charges on UPI (Unified Payments Interface) transactions, the finance ministry
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