Sunday, December 22, 2024

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finance ministry

News Reports

Central Government appoints Expert Committee to make an overall assessment in relation to waiver of interest on loans

OpIndia Staff -
The Expert Committee will be looking into matters including waiver of interest and waiver of interest on interest.
News Reports

Pakistan Prime Minister Imran Khan wants to give India its ‘cash transfer program’ to help, Indian Twitterati say, no thank you

OpIndia Staff -
Prime Minister Imran Khan left Twitterati in splits. Netizens reminded him of how he and his country are more in need of help
News Reports

3 senior IRS officers chargesheeted for creating uncertainty and panic by publishing unauthorised tax hike report, stripped of charge

OpIndia Staff -
One of the officers, Prashant Bhushan, is the general secretary of the IRS Association and his wife is a Congress MLA from Begusarai in Bihar.
Government and Policy

Government junks report by IRS officials that suggested tax hike, orders probe against concerned officers for violation of code of conduct

OpIndia Staff -
As per the 43-page report, the Government can earn up to ₹18,000 crores by implementing the suggested proposals.
Government and Policy

Modi govt announces a Rs 1.70 lakh crore welfare scheme for poor during Coronarvirus lockdown: Here are the 12 announcements made

OpIndia Staff -
The package to benefit the poor and medical workers during the Coronavirus lockdown was called 'Prime Minister Gareeb Kalyan Yojana and totalled a whopping 1.70 lakh crores.
News Reports

Finance Minister Nirmala Sitharaman holds a press conference, announces a number of economic measures amidst coronavirus scare

OpIndia Staff -
In a bid to provide relief to the importers and exporters, customs clearance has now been deemed as an essential service that will continue its operations 24/7 until June 30, 2020.
News Reports

GST council meeting: GST on mobile phones increased from 12% to 18% to correct inverted duty structure

OpIndia Staff -
GST on mobile phones increased from 12% to 18%, reduction in GST on MRO services of aircraft from 18% to 5%.
News Reports

“This is calumny”: Finance Minister Nirmala Sitharaman responds to The Print report attributing fake quote to her, the portal removes the report

OpIndia Staff -
Nirmala Sitharaman says The Print report on her is fake and defamatory as the quotes attributed to her by the portal are not hers.
Government and Policy

Corporate tax cuts will improve revenue generation: FM Nirmala Sitharaman

OpIndia Staff -
The provisions in the Union Budget 2020 regarding Corporate Taxes are crucial towards delivering on Narendra Modi's vision of a $5 trillion economy.
News Reports

We are ‘too small’ to take retaliatory action against India’s palm oil import curb: Malaysian PM Mahathir Mohammad

OpIndia Staff -
Malaysian PM said at the U.N. General Assembly last month that India had 'invaded and occupied' Kashmir, following which India’s top vegetable oil trade body had asked its members to stop buying oil from Malaysia
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