finance minister

Finance minister Pranab Mukherjee on Friday kicked off pre-Budget discussions on an optimistic note, hoping for a 6 per cent growth in the farm sector in 2010-11, which would also help improve food supplies and rein in prices. “In the current year Full Article

Bank of Baroda and Canara Bank are among state-run banks that have been summoned by the finance ministry to discuss higher dividend payouts in an effort to cut fiscal deficit amid fears of shortfall in disinvestment gains. Chiefs of many banks will m Full Article

The revenue department of the finance ministry estimates that Corporate India could have evaded over Rs 20,000 crore in taxes in 2007-08 had it shown mark-to-market losses on forex derivative transactions. According to the income tax department, in t Full Article

Health facilities with focus on rural areas, addressing the requirement for education from primary to the higher and technical education level and development of vocational skills. He specifically mentioned about some of the important schemes being i Full Article

Parliament's Standing Committee on Finance has criticised the government for not doing a review of the tax exemptions given to Special Economic Zones (SEZs) and an evalutation of the losses due to these. In April, the committee had asked the governme Full Article

We had to issue a notification but we have decided to postpone the levy,” said a senior official. This is the third time that the finance ministry has decided to postpone the levy. The 10 per cent service tax levy had to come into effect from April 1 Full Article

“I am delighted with the latest headline inflation figures made available earlier today. These numbers take us another step towards our forecast of 6% inflation by March 2011. I am very happy that there has been a sharp decline in inflation. With WPI Full Article

OFFICE OF THE CHIEF COMMISSIONER OF INCOME TAX, PUBLIC RELATIONS WING AAYAKAR BHAVAN, P-7, CHOWRINGHEE SQUARE, GROUND FLOOR, KOLKATA – 700 069. No. CCIT/PRO/Advert. & Publicity/CCIT-I/2010-11/ Dated :8.12.2010 To The Director of Income Tax [System]- I, ARA Centre, Ground Floor, E-2, Jhandewalan Extension, New Delhi – 110055 Sir, Sub: Inauguration of Income Tax Office at [...] Full Article