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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 4296 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 168 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 1761 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 930 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 51258 Views 138 comments Print


Latest News


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 435 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 474 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 597 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 861 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 1557 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 10588 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 1857 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 25788 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 678 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 690 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 128040 Views 22 comments Print


Inflation, uncertain global environment main concerns – Pranab

January 15, 2011 294 Views 0 comment Print

Finance Minister Pranab Mukherjee today said high inflation and uncertain global environment are main concerns faced by the Indian economy , but exuded confidence that the government would tackle them. Though, there are some immediate concerns for e

FM’s address at 2nd International Finance Conference at IIM Calcutta

January 13, 2011 252 Views 0 comment Print

The Union Finance Minister, Shri Pranab Mukherjee has said that the resilience shown by Indian economy during the global crisis reflects a maturing of the economic management of the country and the growing competitiveness of our enterprise. The overa

Rising Inflation from Widening Gap Between Wholesale and Retail Prices and Growing Demand due to Rise in Income Leve

January 13, 2011 171 Views 0 comment Print

Union Finance Minister Shri Pranab Mukherjee has asked State Governments to urgently look into the supply management of items that are driving the current round of food inflation in the economy, in particular looking at the local factors that are wid

RBI to hike rates by 50 bps by March

January 12, 2011 234 Views 0 comment Print

StanChart Bank expects food prices to push up overall inflation to 8.3 per cent in December, which will prompt the Central Bank to raise policy rates by 50 basis points in the current fiscal. The bank said in its report that it expects the first rate

Economist advocates tightening of monetary policy to contain food inflation; FM hopes farm sector growth at 6 Percent

January 8, 2011 228 Views 0 comment Print

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

Finance ministry wants government banks to help cut deficit

January 5, 2011 321 Views 0 comment Print

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

Income Tax Department suspects tax evasion in derivative transactions

December 31, 2010 252 Views 0 comment Print

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

Indian Economy resilient to both External and Domestic Shocks but still faces many challenges

December 25, 2010 234 Views 0 comment Print

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

Parliament's Standing Committee criticises government for not doing a review of tax exemptions given to SEZ

December 21, 2010 453 Views 0 comment Print

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 government for a study group on the issue.The finance ministry, in its response, said it had initiated steps to constitute a study group but wouldn’t say by when.

FM wants companies to voluntarily adopt good governance and corporate social responsibility (CSR) practices

December 20, 2010 405 Views 0 comment Print

Finance Minister Pranab Mukherjee said he’d like companies to voluntarily adopt good governance and corporate social responsibility (CSR) practices, rather than be legally compelled to do so. Pranab Mukherjee Such voluntary contributions should be re

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