Govt to borrow Rs 6.61 lakh crore in second half of current fiscal
The government, in consultation with the Reserve Bank of India (RBI), has finalised its borrowing programme for the second half (H2) of FY 2024-25.
The government, in consultation with the Reserve Bank of India (RBI), has finalised its borrowing programme for the second half (H2) of FY 2024-25.
In pursuance of the announcement made by Finance Minister Nirmala Sitharaman in the Union Budget, the Central Board of Direct Taxes (CBDT) has notified the Direct Tax Vivad Se Vishwas Scheme, 2024 (referred as DTVSV, 2024) to resolve pending appeals in the case of income tax disputes.
The Union Government has cleared the path for allowing Indian companies to list securities directly at Gujarat International Finance Tec-city International Financial Services Centre (GIFT IFSC) with a minimum 10 per cent public float.
The meeting was chaired by Dr Vivek Joshi, Secretary, Department of Financial Services (DFS). Schemes including PM SVANidhi, PM Vishwakarma and Jan Samarth Portal were discussed with senior executives of private sector banks.
The five members of the Sixteenth Finance Commission’s Advisory Council are Dr. D.K. Srivastava, Neelkanth Mishra, Dr. Poonam Gupta, Pranjul Bhandari, and Rahul Bajoria.
The top brass of the Central government shared their ideas, practices and concerns on cyber security and readiness for future cyber threats.
The Prime Minister has given a vision that the nation will strive to ensure that the G20 acts as a global “prime mover” to envision new ideas and accelerate collective action over the next one year.
The total amount of compensation released to the States and UTs so far, including the aforesaid amount, during the year 2022-23 is Rs.1,15,662 crore.
It further added that demonetisation was also a part of larger strategy for combating the menace of fake money, terror financing, black money and tax evasion.
A Finance Ministry release said Direct Tax collections up to November 10, 2022, show that gross collections are at Rs. 10.54 lakh crore, which is 30.69 per cent higher than the gross collections for the corresponding period of last year.
