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Taxation of Debt Funds

Income Tax : Explore the changes in taxation of debt mutual funds pre and post April 2023. Learn about impacts, benefits, and strategies. Inves...

March 29, 2024 8169 Views 0 comment Print

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 243 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 1833 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 969 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 51426 Views 138 comments Print


Latest News


Union Budget 2025: Key Industry and Common Man Expectations

Income Tax : Union Budget 2025 expectations include tax relief, GST reforms, R&D support, and measures for MSMEs. Common demands focus on easin...

February 1, 2025 2235 Views 0 comment Print

Key Highlights of 165th Income Tax Day Celebration

Finance : Finance Minister Nirmala Sitharaman emphasizes tax compliance and technology adoption during the 165th Income Tax Day celebration,...

August 21, 2024 285 Views 0 comment Print

Nirmala Sitharaman Takes Office as Finance and Corporate Affairs Minister

Finance : Smt. Nirmala Sitharaman assumes office as Union Minister for Finance & Corporate Affairs, pledges commitment to 'Ease of Living' a...

June 12, 2024 504 Views 0 comment Print

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 510 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 621 Views 0 comment Print


Latest Judiciary


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

Income Tax : The assets did not fall under any of the above exceptional three conditions. The said block of assets was used for the purpose of ...

January 10, 2010 10669 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 1986 Views 0 comment Print

4th FAQs on LTC Cash Voucher Scheme

Income Tax : Whether the full and final settlement of the bills pertaining to LTC Cash Scheme is also to be ensured by 31st March, 2021, withou...

March 10, 2021 25851 Views 2 comments Print

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

Finance : Finance Minister announces measures of Rs 73,000 crore to stimulate consumer spending before end of this Financial Year in fight a...

October 12, 2020 723 Views 0 comment Print

FM announces Stimulus to boost Demand in Economy: Highlights

Finance : Under LTC Cash Voucher Scheme, the Government has decided to give cash payment to employees in lieu of one LTC during 2018-21, in...

October 12, 2020 759 Views 0 comment Print

LTC for Central Government Employees during Block 2018-21

Finance : It has been decided that cash equivalent of LTC, comprising Leave Encashment and LTC fare of the entitled LTC may be paid by way o...

October 12, 2020 129147 Views 22 comments Print


FM asks Customs Administration to Function on Principles of Transparency, Predictability, Strong Legal Processes and Productive use of it

February 3, 2012 690 Views 0 comment Print

The Union Finance Minister Shri Pranab Mukherjee said that the modern customs administration should function on the principles of transparency, predictability, strong legal processes and productive use of information technology to serve the stake holders efficiently and to enhance the competitiveness of Indian business. The Finance Minister, Shri Mukherjee was addressing the retired and serving officers of Customs and Central Excise, representatives of trade and industry and senior officers of the Ministry of Finance at a function organized, here today to celebrate “50 years of the Customs Act 1962

Finance Minister Holds Meeting With Leading Economists as Part of the Pre-Budget Consultation Process

February 1, 2012 261 Views 0 comment Print

The Union Finance Minister Shri Pranab Mukherjee said that in the era of coalition politics, decisions are taken through consensus as you have to carry others with you. The Finance Minister said that the current year was a challenging year as we had to face the problem of inflation, fiscal deficit and maintenance of sustainable and inclusive growth.

ICAI panel on black money to submit report in a fortnight

January 31, 2012 1141 Views 0 comment Print

The Institute of Chartered Accountants of India has said a committee constituted to suggest ways to check and bring back black money stashed in banks abroad will submit its report to the Finance Ministry within a fortnight.

Need for Appropriate Policy Instruments to Address Areas of Concern in the Economy – FM

January 22, 2012 651 Views 0 comment Print

The Union Finance Minister Shri Pranab Mukherjee has said that on account of the global impact, the Indian economy was facing areas of concern and to address them appropriate policy instruments were required. The Finance Minister Shri Mukherjee was addressing the First meeting of the Consultative Committee attached to his Ministry here yesterday during the inter session period of Parliament in the year 2012.

States Seek Growth-Centric Budget in Pre-Budget Consultations with union Finance Minister

January 18, 2012 621 Views 0 comment Print

The Union Finance Minister, Shri Pranab Mukherjee has emphasized that in a federal country like ours, States and Centre complement each other in managing the fiscal policy and the economy. He said that coordination between Centre and States is extremely vital for creating a conducive environment for growth and inclusive development in the country.

Budget 2012 – Finance Minister holds Pre Budget Consultations with Trade Union Groups

January 16, 2012 874 Views 0 comment Print

The Union Finance Minister Shri Pranab Mukherjee said that food inflation has come down on the negative side in the last two consecutive weeks. The annual rate of inflation (year on year) for December 2011 has declined to 7.47% as against 9.11 % in November 2011 and 9.45% in December 2010. The Finance Minister Shri Mukherjee was addressing the representatives of Trade Union Groups as part of the ongoing Pre-Budget Consultations exercise for the year 2012-13.

FM expect inflation to come down between 6 and 7% by the end of March 2012

January 16, 2012 288 Views 0 comment Print

The Union Finance Minister Shri Pranab Mukherjee said that the decline in the monthly headline inflation for December 2011 to 7.47% as against 9.11% in November 2011 was mainly due to significant decline in inflation for primary articles including food inflation in the month of December 2011. Shri Mukherjee was reacting to the monthly headline inflation data which was released today for December, 2011. The Finance Minister Shri Mukherjee said that he is confident that moderation in inflation would continue in the coming months though softening in the prices of manufactured goods despite the rapid decline in non-food primary inflation may be more gradual. The Finance Minister said that headline inflation should be between 6 and 7 per cent in March end 2012.

Finance Minister holds Moderation in Inflation Would Continue in Coming Months

January 12, 2012 276 Views 0 comment Print

The Union Finance Minister Shri Pranab Mukherjee said that he is confident that moderation in inflation would continue in the coming months, though softening in the prices of manufactured goods, despite the rapid decline in non-food primary inflation, may be more gradual.

Finance Minister Launches the Signature Tune of the Indian Customs – Pragati Ki Dhadkan

January 11, 2012 924 Views 0 comment Print

Union Finance Minister, Shri Pranab Mukherjee said that the Indian Customs Department has played an active role in automation of its processes to facilitate genuine trade for filing all documentation relating to imports and exports by EDI System thereby reducing dwell time, expediting decision making, lessening paper work and lowering transaction costs.

FMs speech at International Conference organised by ICAI

January 6, 2012 994 Views 0 comment Print

Union Finance Minister, Shri Pranab Mukherjee’s speech at Chennai Trade Centre “The global financial crisis and the current international economic environment has brought into focus significant challenges for governments across the world. India has also been impacted and continues to face challenges on several fronts. Yet, I would say that we have done well in maintaining the growth momentum in what have been uncertain and difficult times. More importantly, we have taken important steps in creating a policy framework for pursuing ‘inclusive growth’ as the core of our development agenda.

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