Budget: Govt announces new airports, helipads, water aero drones, advanced landing grounds to boost air connectivity

Union Finance Minister Nirmala Sitharaman on Wednesday announced that 50 additional airports, helipads, water aero drones, and advanced landing grounds will be revived to improve regional air connectivity in the country

FM Nirmala Sitharaman to present Union Budget 2023-24 today; last full budget of Modi govt 2.0

Union Finance Minister Nirmala Sitharaman will present the Union Budget 2023-24 in Parliament today, the last full Budget of the Modi government in its second term

Centre announces Rs 1.1 lakh crore loan guarantee scheme for Covid-hit sectors

With a focus on health and medical infrastructure, the Finance Ministry on Monday announced a Rs 1.1 lakh crore loan guarantee scheme for COVID-19-hit sectors. Out of the Rs 1.1 lakh crore, the health care sector will get Rs 50,000 crore, while the others will get Rs 60,000 crore. “Total of Rs 1.1 lakh crore […]

Senior citizens above 75 years exempt from filing I-T returns

In a big relief to senior citizens, people above 75 years with only pension and interest income will be exempt from filing Income Tax Returns in order to ease their compliance burden, Finance Minister Nirmala Sitharaman announced on Monday. “We shall reduce the compliance burden on our senior citizens who are 75 years of age […]

GST revenue collection at all-time high in January, almost touches Rs 1.2 lakh cr

The Goods and Services Tax (GST) revenue during the month of January is the highest since the introduction of GST, and has almost touched the Rs 1.2 lakh crore mark, the Ministry of Finance said on Sunday. This month’s GST revenue exceeded the last month’s record collection of Rs 1.15 lakh crore. As per an […]

GST revenue collection at ₹1.04 lakh crore in November

Revenue from Goods and Services Tax (GST) stood at over Rs 1.04 lakh crore in November as against Rs 1.05 lakh crore collected in the previous month, the Finance Ministry said in a statement. The collection in November 2020 is 1.4 per cent higher than in November 2019 when the GST mop-up was Rs 1,03,491 […]