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  Union Budget 2024: Space industry urges government for tax holidays, PLI scheme | DETAILS

  Budget | July 16, 2024 8:34 IST

  The Indian Space Association has urged the government to commit to procuring and adopting space technology solutions for various governance sectors. These sectors include agriculture, disaster management, infrastructure planning and development monitoring, and urban development.

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  Budget 2024: PM Modi holds meeting with prominent economists to gather their views, suggestions

  Budget | July 11, 2024 13:59 IST

  The first budget of the BJP-led government NDA in its fresh term would be significant with Prime Minister Narendra Modi having stated earlier that the third term will be used to write new chapters of bold decisions. The budget is set to be presented on July 23.

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  First Union Budget of Modi 3.0 to be presented on July 23, tweets minister Kiren Rijiju

  India | July 06, 2024 16:27 IST

  Union Parliamentary Affairs Kiren Rijiju informed that the Union Budget (2024-25) will be presented in Lok Sabha on 23 July, 2024.

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  Union Budget 2024-25: Finance Minister Nirmala Sitharaman kicks off preparation, earmarks priorities

  Budget | June 13, 2024 14:49 IST

  Nirmala Sitharaman was given the charge of the finance portfolio in the second stint of the Modi government after the 2019 general elections, becoming the first full-time woman finance minister in the independent India. In the third stint, PM Modi reposed his faith in her leadership.

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  GST collection records 10 per cent year-on-year growth to Rs 1.73 lakh crore in May

  Business | June 01, 2024 20:05 IST

  According to Finance Ministry, the gross GST collection in the second month of financial year 2025 registered a n year-on-year growth due to increased revenues from domestic transactions amid slowing of imports.

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  GST collections rise 11.5 per cent year-on-year to Rs 1.78 lakh crore in March, second-highest ever

  Business | April 01, 2024 16:33 IST

  The Goods and Services Tax (GST) is a successor to VAT used in India on the supply of goods and services. The highest-ever GST collection was recorded at Rs 1.87 lakh crore in April 2023.

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  Finance Ministry clarifies: No changes in new tax regime, issues 6-point note

  Business | April 01, 2024 11:07 IST

  In a statement, the ministry addressed confusion over the new tax regime, emphasising its lower rates but fewer exemptions and deductions. Finance Minister Nirmala Sitharaman's interim budget assured the preservation of existing tax rates.

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  Budget 2024: Here's why budget presentation date was shifted from February 28 to February 1

  Business | January 23, 2024 16:06 IST

  The Union Budget was presented at 5 pm on the final day of February before 1999, following the practice in British India.

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  Budget 2024: What is the 'Halwa Ceremony' held before every budget announcement?

  Business | January 19, 2024 12:29 IST

  The event is a significant step in finalising the extensive budget-making process that spans several months.

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  Budget 2024: What is Economic Survey of India? | Here's all you need to know

  Budget | January 07, 2024 13:08 IST

  Finance Minister Nirmala Sitharaman will present the Economic Survey in the Parliament on January 31. The Economic Survey is prepared by the Economic Division of the Ministry of Finance and covers economic matters.

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  Rajasthan portfolio distribution: CM Bhajan Lal Sharma keeps Home, Diya Kumari gets finance

  Rajasthan | January 05, 2024 21:59 IST

  Newly appointed Rajasthan ministers were on Friday allocated portfolios, with Chief Minister Bhajan Lal Sharma keeping eight departments, including home and excise.

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  Over 8.18 crore income tax returns filed till December 31 for AY 2023-24: Finance Ministry

  Business | January 01, 2024 21:40 IST

  The total number of audit reports and other forms filed during the period is 1.60 crore, as against 1.43 crore audit reports and forms filed in the corresponding period of the preceding year.

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  Gross GST collection rises by 12% to Rs 14.97 lakh crore in during April-December 2023 period

  Business | January 01, 2024 17:51 IST

  The average monthly gross GST collection of Rs 1.66 lakh crore in the first nine-month period this year represents a 12 per cent increase compared to the Rs 1.49 lakh crore average recorded in the corresponding period of FY23.

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  Unemployment rate declined to 10 pc from 17.8 pc in 2017-18: Finance Minister Nirmala Sitharaman

  Business | December 07, 2023 21:45 IST

  The retail inflation based on the consumer price index (CPI) had touched a high of 7.8 per cent in April 2022. However, now it has been close to the Reserve Bank's target of 4 per cent.

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  GST collection registers highest-ever jump in November, says Centre

  Business | December 01, 2023 19:39 IST

  Goods and Services Tax (GST) collections have jumped 15 per cent to over Rs 1.67 lakh crore in November, the Finance Ministry informed on Friday.

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  Finance Ministry asks PSU banks to take measures to strengthen cybersecurity

  Business | November 19, 2023 14:26 IST

  The Finance Ministry and RBI have been sensitising banks on this aspect at regular intervals amid the growing digitisation in the financial sector.

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  Bombay High Court orders Rs. 1,128 crore tax refund to Vodafone Idea Limited

  Business | November 09, 2023 23:53 IST

  Vodafone Idea had filed a petition, asserting the excess tax paid, leading the court to express concern about the assessing officer's apathy.

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  GST revenue collection for October 2023 marks significant growth, surpassing Rs. 1.72 lakh crore

  Business | November 01, 2023 15:39 IST

  In October 2023, India's Goods and Services Tax (GST) collection reached an impressive ₹1.72 lakh crore, marking the second-highest collection ever recorded, with a remarkable year-on-year growth of 13%.

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  Hike in gratuity limit, term insurance cover: Centre approves measures for LIC agents, employees

  Business | September 18, 2023 15:44 IST

  Over 13 lakh LIC agents and more than 1 lakh regular employees will benefit from these welfare measures, said the Ministry of Finance.

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  Government exempts LPG imports from 15 per cent agri cess

  Business | September 01, 2023 13:06 IST

  The Finance Ministry in a notification said that imports of LPG, liquified propane and liquified butane have been fully exempted from Agriculture Infrastructure Development cess (AIDC) effective September 1.