Tax officers have identified 11,140 fake GST registration and initiated action against fraudsters in the ongoing two-month-long special drive launched on May 16.
Sitharaman had in Budget 2023-24 provided Rs 35,000 crore for clean energy transition—a space where the Adani Group has announced massive projects ranging from renewable energy capacity to green hydrogen production
At present, Galaxy S Series smartphones are being manufactured at Samsung's Vietnam factory and the company imports them for sale in India
In a pre-election year, the government’s decision to steer clear of populist promises, cut down on social sector allocations and place big bets on infrastructure signals a major shift in political strategy
Citing the example of the software industry's success, the minister said it started on its own without any support and the government only came in later
Budget 2023: For the ongoing financial year, capex target was set at Rs 7.5 lakh crore and included Rs 1 lakh crore as a capex-only, interest-free loan to states for 50 years
Finance Minister Sitharaman said all the GST compensation dues will be cleared, including Rs 16,982 crore for the month of June
Speaking to reporters after presentation of the Budget, Sitharaman said the country has been waiting for a direct tax regime which is simplified and easy in compliance
The old tax regime provides for a similar deduction and no tax on income up to Rs 5 lakh
Sitharaman in her Budget speech on Wednesday proposed an increase in BCD on several items to "promote exports, boost domestic manufacturing, enhance domestic...
The Union Budget 2023-24 has allocated an enhanced outlay of Rs 2.70 lakh crore for the highways sector
While presenting the Union Budget for 2023-24, Finance Minister Nirmala Sitharaman said, "SEBI will be empowered to develop, regulate, maintain and enforce...
The agricultural credit target is Rs 18 lakh crore for the current 2022-23 fiscal
Presenting the Union Budget for 2023-24, she also said the government will facilitate 1 crore farmers to adopt natural farming
In her Budget 2023-24 speech, she said India's mobile phone output rose from 5.8 crore units in 2014-15 to 31 crore units last fiscal
Sitharaman said that a total of 100 labs will be set up in engineering institutions in collaboration with various authorities, regulators, banks and other...
For energy transition, she told the House that this budget provides for Rs 35,000 crore for priority capital investment towards energy transition and net zero...
The phase three of the eCourts Project envisions a judicial system that is more accessible, efficient and equitable for every individual who seeks justice, or...
She said that 30 Skill India international centres will be be set up and Pradhan Mantri Kaushal Vikas Yojna 4.0 will also be launched to skill lakhs of youth
It is expected that a single common identifier in the form of PAN will make simplify procedures for investors
The finance minister posed for the traditional 'briefcase' picture outside her office along with her team of officials before heading to meet the President
On indirect taxes, the USISPF sought clarification on customs duty exemptions provided to oil and natural gas companies
State Finance Minister Vijay Kumar Chaudhary flagged it as one of the expectations from the upcoming Union budget
The ACFI is an industry body representing manufacturers/ importers of technical and formulation of pesticides at the pan-India level
While interacting with noted economists and experts at NITI Aayog ahead of the Union Budget, the Prime Minister also applauded the success of the India Digital...