finance minister

FM’s Corporate Tax Sop- MSME & Common Man Dismayed

Custom Duty - The Finance Minister announced certain bold measures to give boost to the ailing Economy of the country, a fortnight ago. New Sections 115 BAA & 115 BAB were introduced in the Income Tax Act with the aim of reducing Income Tax on the Corporate Sector to enable the Companies to boost production, bring in new […]...

Read More

Highlights of Tax concessions announced by FM on 20 Sep 2019

Custom Duty - The objective of this document is to summarize all the tax concessions, applicable w.e.f FY 2019-20, announced by Finance Minister, Nirmala Sitharaman with intent to boost the economy and to promote ‘Make-in-India’. Highlights of  Tax Concessions by Finance Minister press Conference on 20 Sep 2019 1. Tax Concessions for Exist...

Read More

Stimulus Package offered by FM – Will it revive the economy?

Custom Duty - The Stimulus Package offered by FM – Will it revive the economy? The only positive signal emanating from yesterday’s press conference by Finance Minister was the admission on the part of the Government that the economy is in deep crisis. The chairman of NITI Ayog, himself had to declare that the state of the economy […]...

Read More

Achievements of Mr Arun Jaitley as Indian’s Finance Minister

Custom Duty - Mr Arun Jaitley, India’s ex Finance Minister, and an important leader in the Modi Govt. has passed away today, on Saturday 24/08/2019. Mr. Jaitley, who held several important portfolios in his political career spanning over four decades, passed away at 12.07 P.M at AIIMS in the New Delhi. He was a senior Supreme Court lawyer […]...

Read More

FM Flags serious issues related to taxation & digital economy companies

Custom Duty - Smt Sitharaman flags serious issues relates to taxation and digital economy companies, and to curb tax avoidance & evasion FM urged to contain international oil market to bring benefits to both the oil exporting and importing countries FM flags issue of economic offenders fleeing legal jurisdictions and calls for cohesive action against s...

Read More

FM Launches two new IT Initiatives -ICEDASH & ATITHI

Custom Duty - Finance Minister Launches two new IT Initiatives -ICEDASH & ATITHI for improved monitoring and pace of Customs clearance of imported goods and facilitating arriving international passengers. ICEDASH : Ease of Doing Business monitoring dashboard of the Indian Customs helping public see the daily Customs clearance times of import cargo. ATI...

Read More

Status of several measures announced by FM to boost Economy

Custom Duty - The Finance Minister, Smt. Nirmala Sitharaman had announced several short and long-term measures to boost economy on 23.08. 2019, 30.8.2019 and 14.09.2019. Out of these a total number of thirty-two measures were announced on 23.08.2019 to boost the economy. Out of these, thirteen (13) announcements have been fulfilled....

Read More

CBI Files Chargesheet Against Then FM and Officials of MOF

Custom Duty - CBI FILES CHARGESHEET AGAINST 14 ACCUSED PERSONS/COMPANIES INCLUDING PRIVATE COMPANIES & THEIR THEN DIRECTORS; THEN FINANCE MINISTER (FM) AND CERTAIN THEN OFFICIALS OF MINISTRY OF FINANCE (MOF)...

Read More

FM Presentation on Measures to Boost Economic Growth

Custom Duty - Ministry of Finance Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman’s Presentation on Measures to Boost Economic Growth Dated:  14 SEP 2019 Measures to Boost Economic Growth 14th September 2019 Ministry of Finance, Government of India Contained Consumer Price Inflation Consumer Price Inflation: India &...

Read More

Steering Committee on Fintech related issues submits its Final Report to FM

Custom Duty - The Steering Committee on Fintech related issues constituted by the Ministry of Finance, Department of Economic Affairs, today submitted its Final Report to Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman in her office in New Delhi....

Read More

Assessee is entitled for depreciation on assets of a closed unit which are part of block of assets

Swati Synthetics Ltd. Vs. ITO (ITAT Mumbai) - The assets did not fall under any of the above exceptional three conditions. The said block of assets was used for the purpose of business during the year. Under the circumstances the assets of the said closed unit amounts to use for the purpose of business in the year under consideration ,...

Read More

FM Statement on Kelkar Committee Report, Fiscal Roadmap & Consolidation

Income tax press release - (29/10/2012) - The Kelkar Committee has cautioned us that a business-as-usual scenario for the current year may lead to the fiscal deficit rising to 6.1 per cent of GDP. This would have grave consequences for the economy is, therefore, totally unacceptable. The Committee has recommended a number of reform measures...

Read More

Inauguration of Income Tax Office at Chinsurah, West Bengal

NA - (08/12/2010) - Inauguration of Income Tax Office at Chinsurah, Dist-Hooghly, West Bengal by Honble Union Finance Minister Shri Pranab Mukherjee on 04.12.2010 - Publicity in the official web site...

Read More

Cashless mediclaim facility will continue: Pranab Mukherjee

NA - (06/08/2010) - Finance Minister Pranab Mukherjee on Monday allayed fears of withdrawal of the cashless mediclaim facility by public sector general insurance companies, saying these firms have not done away with these schemes and are only standardising the rates for various hospitals....

Read More

Recent Posts in "finance minister"

FM Launches two new IT Initiatives -ICEDASH & ATITHI

Finance Minister Launches two new IT Initiatives -ICEDASH & ATITHI for improved monitoring and pace of Customs clearance of imported goods and facilitating arriving international passengers. ICEDASH : Ease of Doing Business monitoring dashboard of the Indian Customs helping public see the daily Customs clearance times of import cargo. ATI...

Read More
Posted Under: Income Tax |

Status of several measures announced by FM to boost Economy

The Finance Minister, Smt. Nirmala Sitharaman had announced several short and long-term measures to boost economy on 23.08. 2019, 30.8.2019 and 14.09.2019. Out of these a total number of thirty-two measures were announced on 23.08.2019 to boost the economy. Out of these, thirteen (13) announcements have been fulfilled....

Read More
Posted Under: Income Tax |

CBI Files Chargesheet Against Then FM and Officials of MOF

CBI FILES CHARGESHEET AGAINST 14 ACCUSED PERSONS/COMPANIES INCLUDING PRIVATE COMPANIES & THEIR THEN DIRECTORS; THEN FINANCE MINISTER (FM) AND CERTAIN THEN OFFICIALS OF MINISTRY OF FINANCE (MOF)...

Read More
Posted Under: Income Tax |

FM’s Corporate Tax Sop- MSME & Common Man Dismayed

The Finance Minister announced certain bold measures to give boost to the ailing Economy of the country, a fortnight ago. New Sections 115 BAA & 115 BAB were introduced in the Income Tax Act with the aim of reducing Income Tax on the Corporate Sector to enable the Companies to boost production, bring in new […]...

Read More
Posted Under: Income Tax |

Highlights of Tax concessions announced by FM on 20 Sep 2019

The objective of this document is to summarize all the tax concessions, applicable w.e.f FY 2019-20, announced by Finance Minister, Nirmala Sitharaman with intent to boost the economy and to promote ‘Make-in-India’. Highlights of  Tax Concessions by Finance Minister press Conference on 20 Sep 2019 1. Tax Concessions for Exist...

Read More
Posted Under: Income Tax |

FM Presentation on Measures to Boost Economic Growth

Ministry of Finance Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman’s Presentation on Measures to Boost Economic Growth Dated:  14 SEP 2019 Measures to Boost Economic Growth 14th September 2019 Ministry of Finance, Government of India Contained Consumer Price Inflation Consumer Price Inflation: India &...

Read More
Posted Under: Income Tax |

Steering Committee on Fintech related issues submits its Final Report to FM

The Steering Committee on Fintech related issues constituted by the Ministry of Finance, Department of Economic Affairs, today submitted its Final Report to Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman in her office in New Delhi....

Read More
Posted Under: Income Tax |

FM announces merger of Public Sector Banks

Bank Merger 1) Unlocking potential through consolidation, big banks with enhanced capacity to increase credit and bigger risk appetite, with national presence and global reach 2) Punjab National Bank, Oriental Bank of Commerce, and United Bank to be merged together. 3) Canara Bank and Syndicate Bank to be merged together 4) Union Bank, An...

Read More
Posted Under: Income Tax |

Stimulus Package offered by FM – Will it revive the economy?

The Stimulus Package offered by FM – Will it revive the economy? The only positive signal emanating from yesterday’s press conference by Finance Minister was the admission on the part of the Government that the economy is in deep crisis. The chairman of NITI Ayog, himself had to declare that the state of the economy […]...

Read More
Posted Under: Income Tax |

Achievements of Mr Arun Jaitley as Indian’s Finance Minister

Mr Arun Jaitley, India’s ex Finance Minister, and an important leader in the Modi Govt. has passed away today, on Saturday 24/08/2019. Mr. Jaitley, who held several important portfolios in his political career spanning over four decades, passed away at 12.07 P.M at AIIMS in the New Delhi. He was a senior Supreme Court lawyer […]...

Read More
Posted Under: Income Tax |

Browse All Categories

CA, CS, CMA (4,383)
Company Law (5,183)
Custom Duty (7,498)
DGFT (4,055)
Excise Duty (4,280)
Fema / RBI (3,905)
Finance (4,055)
Income Tax (31,295)
SEBI (3,255)
Service Tax (3,484)

Search Posts by Date

December 2019
M T W T F S S
« Nov    
 1
2345678
9101112131415
16171819202122
23242526272829
3031