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Budget: The Beacon of Evolution

Finance, Income Tax : Explore the impact of Indias budget evolution in 2024, focusing on economic growth, reducing disparity, and strategic resource all...

March 12, 2024 63 Views 0 comment Print

FM releases COVID Relief Package to boost economy: A Liquidity Lifeline

Finance : Welcome Announcements by Finance Minister to boost COVID affected sectors: Healthcare, Tourism, Exports, Job Creation In a bid to ...

June 29, 2021 1740 Views 0 comment Print

Unlocking The Lockdown: Logical Steps Needed

Finance : Before the Unlocking starts I have some suggestions for Government, Trade and Citizen. They can be further discussed with all the ...

May 30, 2021 918 Views 0 comment Print

Special Cash Package Scheme In Lieu of LTC for Government Employees

Finance : 1. The Government vide office memorandum no. F.No. 12(2)/2020—EH(A) dated 12 October 2020 announced the Cash Voucher LTC (Leave ...

October 13, 2020 51093 Views 138 comments Print

43 Key Highlights of FM press conference dated 26.03.2020

Finance : 43 Key Highlights of Finance Minister Smt. Nirmala Sitharaman press conference dated 26.03.2020 1. Government to contribute 12% fr...

March 26, 2020 18264 Views 1 comment Print


Latest News


FM Nirmala Sitharaman Leads 164th Income Tax Day Celebrations in Delhi

Income Tax : Marking the 164th Income Tax Day, Finance Minister Nirmala Sitharaman praises CBDT's efforts in tax administration reforms and ea...

July 27, 2023 429 Views 3 comments Print

Multiple steps outlined to prevent operations of Illegal Loan Apps: FM

Finance : Finance Minister Smt. Nirmala Sitharaman chairs meeting on Illegal Loan Apps. Multiple steps outlined to prevent operations of suc...

September 9, 2022 573 Views 0 comment Print

India needs 4 -5 more banks like SBI: FM

Finance : India needs 4 -5 more banks like SBI to meet changing requirements of the Indian Economy: Nirmala Sitharaman FM says Long Term Fut...

September 26, 2021 765 Views 0 comment Print

FM laid foundation stone today for office building of I-T Department

Income Tax : Smt. Nirmala Sitharaman, Hon’ble Union Minister of Finance and Corporate Affairs laid foundation stone today for office building...

September 5, 2021 1449 Views 0 comment Print

Properties attached & dues recovered from Fugitives & economic offenders

Finance : ED transferred attached assets worth Rs 8441.5 Crore to Public Sector  Banks who suffered loss due to the bank fraud by Vijay Mal...

June 24, 2021 399 Views 0 comment Print


Latest Notifications


The National Commission For Allied And Healthcare Professions Act, 2021

Corporate Law : (1) This Act may be called the National Commission for Allied and Healthcare Professions Act, 2021. (2) It shall come into force o...

March 28, 2021 1794 Views 0 comment Print

Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020

Income Tax : Govt notified Taxation and Other Laws (Relaxation of Certain Provisions) Ordinance, 2020 on 31st March 2020 to give effect to Vari...

March 31, 2020 70143 Views 0 comment Print


The National Commission For Allied And Healthcare Professions Act, 2021

March 28, 2021 1794 Views 0 comment Print

(1) This Act may be called the National Commission for Allied and Healthcare Professions Act, 2021. (2) It shall come into force on such date as the Central Government may, by notification, appoint; and different dates may be appointed for different provisions of this Act and any reference in any provision to the commencement of this Act shall be construed as a reference to the coming into force of that provision.

GST-related matters are not Ministry of Finance matters: FM

March 24, 2021 4530 Views 0 comment Print

GST-related matters are not Ministry of Finance matters. They are the GST council matters in which all states’ Finance Ministers are members. Without the council’s clearance, no step is taken: Smt @nsitharaman in her reply to the debate on the Finance Bill, 2021 in Lok Sabha. GST-related matters are not Ministry of Finance matters. They […]

4th FAQs on LTC Cash Voucher Scheme

March 10, 2021 25716 Views 2 comments Print

Whether the full and final settlement of the bills pertaining to LTC Cash Scheme is also to be ensured by 31st March, 2021, without any scope of spill over to the next financial year? As far as possible, the claims should be made and settled well before 31st March, 2021, Ministries/Departments may consider settlement of only those claims/purchases made on or before 31′ March, 2021 beyond the due date, i.e. 31st March, 2021.

FM inaugurates Chennai Bench of NCLAT

January 25, 2021 492 Views 0 comment Print

Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman inaugurated the Chennai Bench of National Company Law Appellate Tribunal (NCLAT) through virtual mode here today.

Special Cash Package Scheme In Lieu of LTC for Government Employees

October 13, 2020 51093 Views 138 comments Print

1. The Government vide office memorandum no. F.No. 12(2)/2020—EH(A) dated 12 October 2020 announced the Cash Voucher LTC (Leave Travel Scheme) scheme for Government employees. 2. What is LTC Scheme? The Leave Travel Scheme is assistance received by the employee from his employer for traveling on leave. The employee and family can visit anywhere in […]

FM announces measures of Rs 73,000 crore to stimulate consumer spending

October 12, 2020 657 Views 0 comment Print

Finance Minister announces measures of Rs 73,000 crore to stimulate consumer spending before end of this Financial Year in fight against COVID-19. Cash payment and leave encashment in lieu of one LTC during 2018-21 according to entitlement. Special Festival Advance Scheme revived as a one-time measure for both Gazetted and non-Gazetted employees

FM announces Stimulus to boost Demand in Economy: Highlights

October 12, 2020 666 Views 0 comment Print

Under LTC Cash Voucher Scheme, the Government has decided to give cash payment to employees in lieu of one LTC during 2018-21, in which full payment on Leave encashment and tax-free payment of LTC fare in 3 flat-rate slabs depending on class of entitlement will be given.

LTC for Central Government Employees during Block 2018-21

October 12, 2020 127224 Views 22 comments Print

It has been decided that cash equivalent of LTC, comprising Leave Encashment and LTC fare of the entitled LTC may be paid by way of reimbursement, if an employee opts for this in lieu of one LTC in the Block of 2018-21 subject to the following conditions:-

FM reviews implementation of Aatma Nirbhar Bharat Package

October 1, 2020 543 Views 0 comment Print

Finance Minister Smt. Nirmala Sitharaman reviews implementation of Aatma Nirbhar Bharat Package pertaining to Ministries of Finance & Corporate Affairs

Finance Minister unveils Doorstep Banking Services

September 10, 2020 1263 Views 0 comment Print

Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman today inaugurated Doorstep Banking Services by PSBs and participated in the awards ceremony to felicitate best performing banks on EASE Banking Reforms Index.