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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 1854 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


FM stresses on importance of procedural fairness in public procurement

February 6, 2018 618 Views 0 comment Print

The Union Minister of Finance and Corporate Affairs, Shri Arun Jaitley stresses on the importance of procedural fairness in public procurement and award of contracts ;

Economic Survey Draws Attention to 10 New Economic Facts on Indian Economy

January 30, 2018 1470 Views 0 comment Print

The Economic Survey presented by the Union Finance Minister Shri Arun Jaitley in Parliament today has relied upon analysis of the new data to highlight ten new economic facts:

A New, Exciting Bird’s-Eye View of Indian Economy Through the GST

January 30, 2018 2097 Views 0 comment Print

As an information repository, the Goods and Services Tax (GST) embodies and heralds a radical alteration and enlargement in the understanding of the Indian economy.

Ease of Doing Business’ Next Frontier: Timely Justice

January 30, 2018 1728 Views 0 comment Print

The government’s efforts to make business and commerce easy have been widely acknowledged. The next frontier on the ease of doing business is addressing pendency, delays and backlogs in the appellate and judicial arenas.

Demonitisation has Helped Share of Financial Saving Rise, Says Economic Survey

January 30, 2018 525 Views 0 comment Print

• The ratio of domestic saving to GDP reached 29.2 per cent in 2013 to a peak of 38.3 per cent in 2007, before falling back to 29 per cent in 2016. The cumulative fall over 2007 and 2016 has been milder for investment than saving, but investment has fallen to a lower level.

Economic Survey Predicts 7-7.5 Percent Growth in 2018-19

January 30, 2018 1590 Views 0 comment Print

A series of major reforms undertaken over the past year will allow real GDP growth to reach 6.75 percent this fiscal and will rise to 7.0 to 7.5 percent in 2018-19, thereby re-instating India as the world’s fastest growing major economy.

Economic Survey calls for Fiscal Federalism and accountability to avoid low equilibrium trap

January 30, 2018 441 Views 0 comment Print

Is there a low equilibrium trap if fiscal federalism is not achieved? This was the question posed by the Economic Survey 2017-18 tabled by the Union Minister for Finance and Corporate Affairs, Shri Arun Jaitley in Parliament today.

FM Ask DRI officers to keep pace with technology

December 6, 2017 618 Views 0 comment Print

FM: Ask the officers of the Directorate of Revenue Intelligence (DRI) to keep pace with technology and use the latest technological tools such as data analytics in fighting the menace of smuggling of sensitive contraband items such as gold and narcotics among others.

The Fiction of Loan Waiver to Capitalists: FM Clarifies

November 29, 2017 1818 Views 1 comment Print

Over the last few days, a rumor is being propagated regarding waiver of loans of capitalists by banks. Time has come for the nation to be apprised of facts in this regard.

Clarification regarding number of Taxpayers added after Demonetization

August 19, 2017 1410 Views 2 comments Print

Various news reports/articles have appeared in the media regarding inconsistency in the estimates of the number of taxpayers added after demonetization. It has been commented that the following different figures have been given at different forums by different authorities:

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