India’s services sector has witnessed a broad-based recovery in sales revenues in both nominal and real terms during the January-March 2022 quarter 2022, the Ministry of Finance said in its latest Monthly Economic Review report. The Information technology (IT) companies maintained strong growth while non-IT service companies continued to recover […]
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Finance Ministry releases Rs 162 cr for development of Uttarakhand
Under the ‘Scheme of Financial Assistance to States for Capital Investment’, the Union Ministry of Finance, on Monday, has released the remaining fund of Rs 162 crore for the development of Uttarakhand. The amount of Rs 365 crore (3,65,00,00,000) has already been released and now the remaining Rs 162 (1,62,00,00,000) […]
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Govt has no plan to revamp capital gains tax structure: Finance Ministry
The government has no plan, as of now, to revamp the capital gains tax structure as reported in a section of media, Finance Ministry sources said on Tuesday. In fact, it is quite premature to talk about the next budget when the current year’s finance bill is still under discussion […]