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BusinessToday.In
March 7, 2021
Expansion of services activity in 2021 is particularly noteworthy as people overcoming fear of pandemic have shown a preference for enhanced mobility despite Covid-related risks, monthly report by ministry says


PTI
March 6, 2021
Speaking at a webinar organised by the Centre for Policy Research (CPR), Singh said each Finance Commission in the past has somewhat increased the total amount of devolution to states


PTI
March 5, 2021
IndiGrid had signed a framework agreement in April 2019 with Sterlite Power for acquisition of NER-II upon commissioning. This transaction is expected to be consummated during fourth quarter of 2020-21, subject to unitholders' approval, regulatory approvals, and other customary closing adjustments


Ashutosh Kumar
March 5, 2021
GST collections had plummeted by more than 50 percent year on year (YoY) during the lockdown months of April and May last year


BusinessToday.In
March 5, 2021
As per the initial probe, a layer of \"genuine-looking fictitious\" intermediatory companies was created to pass on \"bogus ITC\" from non-existent and fake firms to the Essel Group companies without actual supply of any goods or services.


Aseem Thapliyal
March 3, 2021
While Sensex closed 1,147 points or 2.28 per cent higher at 51,444, Nifty climbed 326.50 points or 2.19 per cent to end at 15,245


BusinessToday.In
March 1, 2021
The monthly GST collection crossed Rs 1 lakh crore mark for the fifth time in a row and Rs 1.1 lakh crore mark for the third straight month.


Dipak Mondal
February 26, 2021
DGGI learned that L&T, among others, had availed Input Tax Credit after furnishing alleged fake bills generated by alleged fake firms floated by brothers Ankur Mittal and Mukul Mittal. The DGGI had arrested the two brothers in October last year


Ashutosh Kumar
February 22, 2021
\"Inverted duty structure is one of the top priorities of the government and is likely to be taken up by the Council in the next meeting,\" a top finance ministry official told Business Today.


BusinessToday.In
February 20, 2021
The finance ministry had on Friday released the 17th weekly instalment of Rs 5,000 crore to 23 states and three UTs taking the total amount released so far as part of the special borrowing window set up in October 2020 to Rs 1 lakh crore


BusinessToday.In
February 12, 2021
The finance ministry said that so far, 81 per cent of the total estimated GST compensation shortfall has been released to the states & UTs with Legislative Assembly


Dipak Mondal
February 9, 2021
The government had raised the threshold income for paying tax to Rs 5 lakh in the interim budget of 2019. According to data from the income tax department, there were 8.04 crore individual taxpayers in assessment year 2018-19 of which 5.95 crore filed returns


PTI
February 7, 2021
In the current fiscal, it has been raised massively from Rs 61,500 crore to Rs 1,11,500 crore to create additional jobs in the rural areas for those who had lost employment due to the outbreak of the COVID-19 pandemic, Thakur said


PTI
February 7, 2021
In the current fiscal, it has been raised massively from Rs 61,500 crore to Rs 1,11,500 crore to create additional jobs in the rural areas for those who had lost employment due to the outbreak of the COVID-19 pandemic, Thakur said


PTI
February 6, 2021
The country is witnessing a 'V' shaped recovery post COVID-19 pandemic, which is evident by the GST collection during the past four months, says Minister of State for Finance Anurag Singh Thakur


BusinessToday.In
February 3, 2021
Total Rs 84,000 crore released to all states and UTs so far; this is in addition to borrowing permission of Rs 1,06,830 crore give to states


Preetha Reddy
February 3, 2021
Union Budget 2021: The relaxation on foreign investments in infrastructure will give a boost to much-needed infrastructure development


Amarjeet Singh
February 2, 2021
Whilst the government's proposals are moving in the right direction, further intervention is the need of the hour to aid significant sectoral growth


PTI
February 2, 2021
At the core of the Budget is the nominal GDP growth of 14.4 per cent which looks plausible with 10 per cent real GDP growth, India Ratings Chief Economist Devendra Pant and Principal Economist Sunil Kumar Sinha said in a note


Niti Kiran
February 1, 2021
Tax buoyancy, which describes the sensitiveness of tax revenue growth to changes in nominal GDP, is expected to touch 1.2 in FY22, marginally lower than 1.3 in FY21 (both tax revenues and GDP are projected to decline)


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