Centre exempts E22, E25, E27 and E30 petrol blends from excise duty in biofuel push
The Finance Ministry notification covers E22, E25, E27 and E30 fuel variants, provided they follow BIS specifications and composition rules.
The Finance Ministry notification covers E22, E25, E27 and E30 fuel variants, provided they follow BIS specifications and composition rules.
The Centre has dismissed viral claims linking temple gold reserves to a proposed monetisation scheme, saying no such policy has been approved.
The Centre has revised customs duty rates for jewellery findings and tightened import compliance norms for precious metal recovery and recycling materials from May 13.
The Budget comes at a time when India remains one of the fastest-growing major economies, even as global growth moderates due to geopolitical uncertainties, tight financial conditions and slowing demand in key markets.
In response to rising reports of fake summons being circulated in the name of the Enforcement Directorate (ED) for cheating and extortion, the ED has implemented new measures to help citizens verify the authenticity of summons notices, the Finance Ministry’s official account announced today.
The government will have the option to retain an additional subscription up to Rs 2,000 crore against each security.
Robust investment activity and strengthening private consumption demand is driving growth in the Indian economy amidst the sluggish global growth, according to the Finance Ministry’s monthly review released on Friday.
The Income Tax Department has identified some persons and entities whose payment of taxes for financial year 2023-24 is not commensurate with the financial transactions made by them during this period, the Finance Ministry said on Sunday.
The meeting was attended by Chairpersons of Debt Recovery Appellate Tribunals (DRATs) and Presiding Officers of Debt Recovery Tribunals (DRTs).
In a significant move towards curtailing the prices of mobile phones, the Finance Ministry has slashed import duties by 5 per cent on various components required for mobile handsets.
