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March 17, 2021
Now, pre-filed ITR forms with capital gains, dividend, other details By Subhash Narayan ( IANS) | Published on Wed, Mar 17 2021 20:33 IST | 4 Views Income Tax. Image Source: IANS News New Delhi, March 17 : Transaction details of individual tax filers with respect of capital gains, dividend income and interest income will soon become a standard of the pre-filled Income Tax return (ITR) form as the government looks to make tax compliance convenient for taxpayers. The Central Board...
March 15, 2021
The Commerce Ministry has written to the Finance Ministry for immediate restoration of duty free import of export inputs used by the garment, leather and handicrafts sectors. Removal of the duty free status in the Budget 2021-22 has impacted ...
March 8, 2021
The government may retain non-controlling stake in some of the public sector enterprises that would be put for strategic sale involving change of management control next year.Highly placed government sources said that a bare minimum government ...
March 3, 2021
Loss making entities may get one last attempt at strategic sale before closure By Subhash Narayan ( IANS) | Published on Wed, Mar 3 2021 19:36 IST | 2 Views Rupees.. Image Source: IANS News New Delhi, March 3 : The government may make one last attempt next fiscal to sell more than two dozen sick and loss making entities that have failed to secure investor interest in earlier rounds of strategic sale. Failing this, these enterprises that have eroded their net worth, would be clos...
February 25, 2021
Modi govt gets tax-rich from oil sector, consumers bear brunt At this pace, collections may well cross Rs 3 lakh crore for the very first time in FY21 Thursday February 25, 2021 3:11 PM, Subhash Narayan, IANS New Delhi: Government is all set to walk away with the highest level of excise duty collection from the petroleum sector this year, even as fuel consumers continue to face persistent increase in petrol and diesel prices that has taken the retail prices to historic high levels across the co...
February 21, 2021
(MENAFN - IANS) y Subhash Narayan New Delhi, Feb 21 (IANS) The government may consider asset management and asset reconstruction company model to monetise non-core assets of public sector enterprises (PSEs). AMC and ARC or a bad bank has been proposed for the banking sector in Budget 2021-22 to acquire, manage and turnaround bad loans. The budget also talked about asset monetisation to unlock the true value of the assets lying with the government entities. The plan now is to create a special...
February 17, 2021
Fuel prices have started to pinch consumers harder as petrol has become costlier by nearly 3.75 per cent and diesel about 4.5 per cent in the last 17 days, since the announcement of the new agriculture infrastructure and development cess in ...
February 15, 2021
(MENAFN - IANS) y Subhash Narayan New Delhi, Feb 15 (IANS) Members of clubs, including sporting bodies and professional institutions will now have to fully comply with tax regulations and pay GST for any goods and service they receive from facilities to which they themselves are members or constituents. The Finance Ministry has introduced amendments in the Central GST Act through the Finance Bill, 2021 proposing levy of tax on activities or transactions involving supply of goods or services b...
February 10, 2021
Govt expects to complete Air India, BPCL sale in Q1 FY22 Wed, Feb 10 2021 15:03 IST | 0 Views Govt expects to complete Air India, BPCL sale in Q1 FY22. Image Source: IANS News New Delhi, Feb 10 : With a renewed push to its disinvestment policy, the Centre expects to complete the much-delayed privatisation of Air India and Bharat Petroleum Corporation Ltd (BPCL) in the first quarter of the upcoming financial year (2021-22). The government has received Expressions of Interest (EoIs) fro...
February 8, 2021
Carrying out structural reforms with clear long-term growth objectives is the guiding principle of the Central government in dealing with a crisis, which is far superior to UPA governments economic policies, Chief Economic Advisor K. ...