[ad_1] India’s trade deficit is expected to decline in the coming years as the PLI scheme deepens its coverage and extends to other sectors.(Representative image) Despite the global challenges, India […]
Tag: finmin
Fraud Prevention Initiative: FinMin Bolsters KYC, Due Diligence For Merchants & Banking Correspondents – News18
[ad_1] As part of its efforts to curb growing cyber fraud, the Reserve Bank is considering setting up a Digital India Trust Agency (DIGITA) to stop the mushrooming of illegal […]
Indian Economy To Become 3rd-Largest In 3 Years With $5-Trillion Size: FinMin Report – News18
[ad_1] Indian economic review for January 2024. FY24 marks the third successive year of 7 per cent plus strong growth of the Indian economy even as the global economy struggles […]
FinMin Raises Import Duties On Gold, Silver Findings, Coins Of Precious Metals To 15% – News18
[ad_1] The move aims to prevent circumvention of the duty on gold and silver bars. (Representative image) Gold or silver findings are a small component such as a hook, pin, […]
GST Evasion Of Rs 345 Cr Detected Against Lottery Distributors Till Nov 2023: FinMin – News18
[ad_1] Under income tax law, a 30 per cent TDS is to be levied on winnings from lotteries, game shows, card games, online games provided the earnings exceed Rs 10,000 […]
71 Show Cause Notices Issued To Online Gaming Firms Involving GST Demand Of Rs 1.12 Lakh Cr: FinMin – News18
[ad_1] The government has also amended the GST law, making it mandatory for overseas online gaming companies to register in India from October 1. As many as 71 show cause […]
India To Become $5 Trn Economy Early In Amrit Kaal: FinMin – News18
[ad_1] At the end of 2022-23, the Indian GDP stood at USD 3.7 trillion The International Monetary Fund (IMF) has projected India to become a USD 5 trillion economy with […]
FinMin Asks PSU Banks To Take Measures To Strengthen Cybersecurity – News18
[ad_1] Banks should keep a tight vigil, and there should be readiness for future cyber threats. The Finance Ministry and RBI have been sensitising banks on this aspect at regular […]
FinMin Notifies Prospective Levy of GST on Corporate Guarantees – News18
[ad_1] The finance ministry has issued a notification stating goods and services tax will be levied on guarantees provided by corporates to their subsidiaries prospectively. The Goods and Services Tax […]
India’s FY24 Economic Outlook Bright; Domestic Fundamentals Strong But Global Headwinds Remain: FinMin – News18
[ad_1] India will remain the fastest-growing major economy in the world in FY24, says the finance ministry in its report. There are significant global headwinds that can affect economic activities, […]