In order to further empower micro, small and medium enterprises (MSMEs) and ensure ease of doing business, there is a need to establish integrated infrastructure townships and universities to promote skill development and entrepreneurship training as well as to foster growth within the sector, Assocham said on Monday.
Over 34.84 lakh audit reports have been filed for AY 2024-25 on the e-filing portal till the end of the due date, the Ministry of Finance said on Wednesday.
This big milestone of the scheme is coming in its 10th year of rollout of the scheme.
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 net direct tax collections (provisional) for the Financial Year (FY) 2023-24 have exceeded the Union Budget Estimates (BE) by Rs 1.35 lakh crore (7.40 per cent), the Ministry of Finance said on Sunday.
Gross collection of Direct Taxes stand at Rs 22,27,067 crore as compared to Rs 18,75,535 crore in the corresponding period of the preceding financial year.
