CENTRAL GOVERNMENT

7th Pay Commission: Basic Salary Of Central Government Employees May Increase By Rs 8000

7th Pay Commission: Basic Salary Of Central Government Employees May Increase By Rs 8000

BUSINESS & ECONOMY / By / February 13, 2022 /

There is good news for central government employees. After getting Dearness allowance, HRA, TA, promotion, now they can get another gift. There may be a bumper increase in the salary of central government employees (CG employees) in the year 2022. If sources are to be believed, then the fitment factor of central and state employees …

7th Pay Commission: Basic Salary Of Central Government Employees May Increase By Rs 8000 Read More »

Ministry of Finance

Public Debt Management report for the quarter of January March 2021released

BUSINESS & ECONOMY / By / June 25, 2021 / , , , , , , ,

During Quarter 4 of FY21, the Central Government issued dated securities worth Rs 3,20,349 crore as against Rs 76,000 crore in Q4 of FY20, while repayments were at Rs 29,145 crore. The weighted average yield of primary issuances increased to 5.80 per cent in Q4 FY21 from 5.68 percent in Q3 of FY21. The weighted …

Public Debt Management report for the quarter of January March 2021released Read More »

oxygen concentrators

Government reduces IGST on import of oxygen concentrators for personal use to 12 percent

TC / By / May 2, 2021 / , , , , , , ,

Amid the acute shortage of medical oxygen in several parts of the country due to surge in COVID cases, the Finance Ministry on Saturday reduced the Integrated Goods and Service Tax (IGST) rate on the import of the oxygen concentrators for personal use from 28 percent to 12 percent. This rate will be applicable till …

Government reduces IGST on import of oxygen concentrators for personal use to 12 percent Read More »

DGFT

‘COVID-19 Helpdesk’ for international trade related issues operationalized by DGFT

BUSINESS & ECONOMY / By / April 26, 2021 / , , , , ,

In view of the surge of COVID-19 cases, a helpdesk has been operationalized by the Director General of Foreign Trade (DGFT) to monitor the status of imports and exports, and difficulties being faced by the trade stakeholders. This ‘COVID-19 Helpdesk’ would look into issues relating to Department of Commerce, import and export licensing issues, custom …

‘COVID-19 Helpdesk’ for international trade related issues operationalized by DGFT Read More »

Tax Associations Come Together against Wrong Implementation of Tax Laws in India

Tax Associations Come Together against Wrong Implementation of Tax Laws in India

BUSINESS & ECONOMY / By / January 30, 2021 / , , , , , , , , ,

Tax Associations Come Together against Wrong Implementation of Tax Laws in India As we all know that tax implementation in our country is very poor. When portals are not working, government extend due dates but when taxpayers are not able to do compliance due to any reason/ pandemic, government is not extending due dates and …

Tax Associations Come Together against Wrong Implementation of Tax Laws in India Read More »

5th round of talks between Central Government and representatives of farmers concludes

TC / By / December 6, 2020 / ,

The 5th round of talks between Centre and representatives of farmers concluded on Saturday.The next and 6th round of meetings on 9th of December. Union Agriculture Minister Narendra Singh Tomar has reassured the farmers’ Unions that the system of Minimum Support Price, MSP will continue and there is no threat to it. He said, it …

5th round of talks between Central Government and representatives of farmers concludes Read More »