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ministry of finance

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Investment in Share Market: Fundamental V/S Technical

Finance : Ever wondered what is the difference between Fundamental and Technical approaches to Stock Picking? Is Technical Analysis a form o...

July 16, 2021 4179 Views 0 comment Print

The Illusion of Return on Investment

Finance : In March 2020, when we had a market crash due to Covid-19, there were many people & articles talking about Market are under-pe...

July 14, 2021 2328 Views 3 comments Print

Where to Invest Money in India Now – Booming Market & Money Making

Finance : General believe lies among several goes saying Stock Market is very unstable, turbulent, uncertain, gamble and nobody likes taking...

July 8, 2021 2676 Views 1 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 1776 Views 0 comment Print

Financial Assistance Schemes for Electronic Component Manufacturers

Finance : Financial Assistance for Electronic Component Manufacturers PLI SCHEME – AN OVERVIEW Production Linked Incentive Scheme (PLI) fo...

June 29, 2021 1464 Views 0 comment 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 441 Views 0 comment Print

Services Contributed Over 50% To GDP

Finance : SERVICES CONTRIBUTED OVER 50% TO GDP SECTOR WITNESSED 10.8% GROWTH DURING FIRST HALF OF 2021-22 8.2 % GROWTH EXPECTED IN OVERALL S...

January 31, 2022 717 Views 0 comment Print

DGGI refutes speculative media reports in case of ‘Odochem Industries’

Custom Duty : DGGI refutes multiple speculative media reports in case of M/s Odochem Industries; sets the record straight on facts In the contex...

December 30, 2021 501 Views 0 comment Print

Public Debt Management Quarterly Report for July – September 2021 (Q2 FY22)

Finance : Since Apr-June (Q1) 2010-11, Public Debt Management Cell (PDMC) (earlier Middle Office), Budget Division, Department of Economic A...

December 28, 2021 1317 Views 0 comment Print

FM concludes pre-Budget meetings for forthcoming Union Budget 2022-23

Finance : Finance Minister Smt. Nirmala Sitharaman concludes pre-Budget meetings for forthcoming Union Budget 2022-23 More than 120 invitees...

December 23, 2021 573 Views 0 comment Print


Latest Judiciary


Kerala HC Grants Stay on Income Tax Recovery Pending Final Order

Income Tax : Kerala High Court's stay order halts income tax recovery until final decision. Read the full text of the judgment/order here....

April 3, 2024 486 Views 0 comment Print

Service Tax on Renting of Immovable Properties- AP High Court stays retrospective amendment

Service Tax : TRENT Ltd and Future Value Retail Ltd have challenged before the AP High Court, the service tax with retrospective effect on rent...

June 7, 2010 696 Views 0 comment Print


Latest Notifications


Income Tax Notification No. 13/2024: Summoning Witnesses for Departmental Inquiry

Income Tax : Explore Notification No. 13/2024 by the Ministry of Finance, Central Board of Direct Taxes. Learn about the summoning of witnesses...

January 19, 2024 1092 Views 0 comment Print

Contingency Fund of India (Amendment) Rules, 2021

Finance : An amount equivalent to forty per cent of the Fund corpus shall be placed at the disposal of the Secretary, Ministry of Finance, D...

October 4, 2021 4857 Views 0 comment Print

Initiation of sunset Review investigation on imports of Toluene Di-isocyanate

Custom Duty : Case No. AD (SSR) - 20/2021 Initiation of sunset Review investigation concerning imports of Toluene Di-isocyanate (TDI), originati...

August 27, 2021 435 Views 0 comment Print

CBDT designates Special Court for Meghalaya under Section 280A & Black Money Act

Income Tax : Notification No. 88/2021-Income Tax | Dated 04.08.2021 – High Court of Meghalaya, hereby designates the court of the senior ...

August 4, 2021 471 Views 0 comment Print

Tariff Notification No. 63/2021-Customs (N.T.), Dated: 30.07.2021

Custom Duty : Tariff Notification No. 63/2021-Customs (N.T.), Dated: 30.07.2021 in respect of Fixation of Tariff Value of Edible Oils, Brass Scr...

July 30, 2021 687 Views 0 comment Print


Resolve glitches in Income Tax e-filing portal by 15th Sep 2021: FM to Infosys

August 23, 2021 1389 Views 3 comments Print

The Finance Minister demanded that the issues faced by taxpayers on current functionalities of the portal should be resolved by the team by 15th September, 2021 so that taxpayers and professionals can work seamlessly on the portal.

CBDT designates Special Court for Meghalaya under Section 280A & Black Money Act

August 4, 2021 471 Views 0 comment Print

Notification No. 88/2021-Income Tax | Dated 04.08.2021 – High Court of Meghalaya, hereby designates the court of the senior most Judicial Magistrate First Class of East Khasi Hills District, Shillong as the Special Court for the State of Meghalaya for the purposes of sub- section (1) of section 280A of the Income-tax Act, 1961 and […]

ITC fraud of more than Rs 31,000 crore busted in FY 2020-21

August 3, 2021 1071 Views 0 comment Print

CGST authorities bust input tax credit fraud of more than Rs 31,000 crore involving more than 7,200 cases in FY 2020-21 The Goods and Services Tax authorities have unearthed over Rs 31,000 crore of tax fraud committed by misuse of input tax credit (ITC) provision under the Goods and Services Tax (GST) regime during the […]

GST authorities recovers more than Rs 1,900 crore in tax evasion in FY 2021-22

August 3, 2021 480 Views 0 comment Print

The interface for the taxpayers is on a digital platform and software-based, to be used for payment of tax and to comply with the requirements of law and procedure by taxpayers. This was stated by Union Minister of State for Finance Shri Pankaj Chaudhary in a written reply to a question in Rajya Sabha today.

Tariff Notification No. 63/2021-Customs (N.T.), Dated: 30.07.2021

July 30, 2021 687 Views 0 comment Print

Tariff Notification No. 63/2021-Customs (N.T.), Dated: 30.07.2021 in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Areca Nut, Gold and Silver- Reg MINISTRY OF FINANCE (Department of Revenue) (CENTRAL BOARD OF INDIRECT TAXES AND CUSTOMS) Notification No. 63/2021-Customs (N.T.), Dated: 30.07.2021 New Delhi, S.O. 3068(E).—In exercise of the powers conferred by sub-section […]

Undisclosed credits of Rs. 20078 cr found in Panama Papers Scam

July 27, 2021 717 Views 0 comment Print

(a) As on 01.06.2021, total undisclosed credits amounting to Rs. 20,078 crores have been detected with respect to India linked entities in the Panama Paper Leaks. (b) Disclosure of information regarding specific taxpayers is prohibited except as provided under section 138 of the Income-tax Act, 1961 and section 84 of the Black Money (Undisclosed Foreign Incomeand Assets) and Imposition of Tax Act, 2015.

No cases of Non-Compliance of CBDT orders on Not Filing Appeal

July 27, 2021 432 Views 0 comment Print

The number of cases of non-compliance of orders of the Central Board of Direct Taxes (CBDT) like not filing appeal in the High Court despite the direction of Directorate General of Income Tax (DGIT) (Investigation) and allowing appeal without collecting the requisite demand by the Commissioner of Income Tax (CIT) (Central) Mumbai-II and Principal Commissioner of Income Tax (PCIT) (Central)-2 Kolkata from 31st March 2017 to 31st March 2019;

54,439 appreciation certificates given to GST taxpayers

July 26, 2021 10827 Views 0 comment Print

The Government has awarded Appreciation Certificates, on the eve of completion of 4 years of GST, to 54,439 (Fifty-four thousand four hundred and thirty-nine) taxpayers who have made substantial contribution in payment of GST and filed their returns in a timely manner.

Investment in Share Market: Fundamental V/S Technical

July 16, 2021 4179 Views 0 comment Print

Ever wondered what is the difference between Fundamental and Technical approaches to Stock Picking? Is Technical Analysis a form of betting your money? Is only investing with Fundamentals in mind enough? Hope you are all enjoying the upswing in the market post March, 2020. Sensex & Nifty has bounced back & have bounced back in a […]

Constitution of an Expert Committee on Longevity Finance

July 14, 2021 303 Views 1 comment Print

International Financial Services Centres Authority (IFSCA) has been established as a unified regulator to develop and regulate financial products, financial services, and financial institutions in the International Financial Services Centres (IFSCs) in India.

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