February 05, 2023 20:28 (IST)
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Assam: G20 delegates visits Kaziranga National Park | Power Minister RK Singh calls upon G20 members to fight global warming, climate change | WPL: Mumbai Indians announces coaching team, Charlotte Edwards appointed head coach | Himachal Pradesh: One dies,5 injured in road accident in Una dist | Hockey Men's World Cup 2023: India beat Japan 8-0 in classification match

Centre releases Rs. 17,000 crore of GST compensation to States/UTs

New Delhi: The Central Government released an amount of Rs. 17,000 crore to States/UTs on 24.11.2022 towards the balance GST compensation for the period April to June, 2022.

Centre clears entire GST compensation due till date to states

New Delhi: The Government of India on Tuesday said it has released the entire amount of GST compensation payable to states up to 31st May, 2022 by releasing an amount of Rs.86,912 crores.

Centre to develop framework to check fake reviews on E-Commerce websites

New Delhi: The Centre will develop a framework to keep check over fake reviews on E-Commerce websites.

States should leverage opportunities to scale up investments and growth: Nirmala Sitharaman

New Delhi/IBNS: Union Finance Minister Nirmala Sithraman on Monday directed states to leverage opportunities to scale up investments and growth with Centre's reforms to make India globally and domestically attractive in terms of being business-friendly.

Centre extends deadline for filing income tax returns to Dec 31

New Delhi/IBNS: The deadline for filing the returns of income tax has been extended till December 31, the Centre informed on Thursday.

Fiscal package well-timed and will help many pandemic-hit sectors come on its feet: EEPC India

New Delhi/IBNS: The Rs 6.28 lakh crore stimulus package announced by the government is very well-timed and will boost overall confidence in the economy,  said EEPC India Chairman Mahesh Desai.

Centre proposes changes to e-commerce rules, bans flash sales

New Delhi/IBNS: The Centre on Monday proposed several changes to the country's e-commerce rules to contain the widespread cheating and unfair trade practices in the system.

Govt slashes interest rates on small savings, PPF down from 7.1 pct to 6.4 pct

New Delhi/IBNS: The Indian Government on Wednesday slashed the interest rate on small savings from 4 per cent to 3.5 per cent annually, while Public Provident Fund (PPF) will be down from 7.1 per cent to 6.4 per cent.

Supreme Court asks Centre, banks to clarify whether they are implementing waiver of interest on interest

New Delhi/UNI: Supreme Court on Wednesday asked the Centre and banks to clarify whether they are implementing the waiver of interest on interest or not for the Covid 19 moratorium period.

Government increases fuel excise duty by Rs. 3 per litre

New Delhi/IBNS: Making the steepest hike in eight years, the Centre on Friday increased fuel excise duty by Rs. 3 per litre, media reports said.

Reserve Bank of India to transfer Rs. 1,76,051 crore to government

New Delhi, Aug 27 (IBNS): The Reserve Bank of India on Monday announced it has accepted the recommendations of Bimal Jalan Committee following which it approved surplus transfer to the Centre.

Centre reduces fuel prices by Rs 2.50; Gujarat, Maharashtra follow

New Delhi, Oct 4 (IBNS): Facing severe criticisms from the Opposition over the fuel price hike, the central government on Thursday reduced the prices of petrol and diesel by Rs 2.50 per litre.

GST revenue collection in the month of April 2018 exceeds Rs. 1 lakh crore mark: Centre

New Delhi, May 1 (IBNS): For the first time since its inception in July last year, the Centre on Tuesday said the revenue collected towards Goods and Services Tax (GST) for the month of April 2018 crossed the Rs 1 lakh crore mark.

Govt. expects to raise Rs. 750 crore through OFS of 5% shares of NLC India Limited

New Delhi, Oct 25 (IBNS): The Government of India on Wednesday said it is likely to raise Rs. 750 crores through disinvestment of 5% of paid-up equity shares of NLC India Limited (NLCIL) through Offer for Sale (OFS) mechanism.

GST, demonetisation may impact Indian wedding market growth: ASSOCHAM

New Delhi, Oct 24 (IBNS): The upcoming wedding season starting in November may be impacted by 10-15 per cent particularly wedding services like marriage garden/marriage hall booking, tent booking, confectionery services, photography and more, reveals by industry chamber ASSOCHAM.