Page 31 - Centre

'Definitely going to happen': CEA on GST rate structure rationalisation

India is the fifth largest economy of the world but the banking system is still has a lot of catching up to do, he said

Air India sold its 115 properties for Rs 738 crore since 2015: Govt

The Centre is currently in the process of selling Air India.

Chandrayaan-3 likely to be launched during third quarter of 2022: Centre

Union Minister of State in the Department of Space Dr Jitendra Singh informed the Lok Sabha on Wednesday

India has received 26 Rafale aircraft till date, says government

The Rafale jets are India's first major acquisition of fighter planes in 23 years after the Sukhoi jets were imported from Russia.

Parliamentary panel meeting to question govt officials on Pegasus put off

Lack of quorum was the reason

In spats with Twitter, India's government begins messaging shift to Koo

The most high-profile example has been India's new IT minister Ashwini Vaishnaw.

Over 21.8 mn unutilized Covid vaccine doses available with States

The Central government on Wednesday informed that more than 2.18 crore unutilized COVID-19 vaccine doses are still available with states, union territories, and private hospitals.

Govt curtailing voice of oppn in Parliament over Pegasus: Rahul

The government has been rejecting all Opposition charges over the issue.

Govt's stimulus package for economic revival 'inadequate': Par panel

The committee has recommended that to ensure the survival of small enterprises, it is imperative for the government to provide them with much-needed liquidity

Govt extends bidding deadline for transaction for RINL till Aug 17

The government on Tuesday extended the deadline till August 17 for merchant bankers and legal advisors to bid for managing strategic sale of RINL. The earlier deadline for submitting bids was July 28. The Department of Investment and Public Asset Management (DIPAM) had on July 7 floated the Request for Proposal (RFP) for appointing transaction and legal advisors. The government would appoint one transaction advisor from reputed merchant bankers or consulting firm for providing advisory services to DIPAM and managing the strategic disinvestment of government's stake in RINL, along with RINL's stake in its subsidiaries/joint ventures. It would also appoint one law firm as legal advisor for facilitating the transaction. The Cabinet Committee on Economic Affairs (CCEA) on January 27 gave its 'in-principle' approval for 100 per cent disinvestment of government stake in Rashtriya Ispat Nigam Ltd (RINL), also called Visakhapatnam Steel Plant or Vizag Steel, along with RINL's stake in its

Higher Q1 tax mop-up shows economy on recovery path: Govt

Increased tax collection in the first quarter this fiscal shows that the economy is on the recovery path, Minister of State for Finance Pankaj Chaudhary said on Tuesday. Net direct tax collection in the April-June quarter of the current fiscal is over Rs 2.46 lakh crore, as against more than Rs 1.17 lakh crore during the same period of the previous fiscal. Reasons for increase in the collections include revival of economic activities and positive sentiments among taxpayers during this current financial year, leading to increased income estimates and higher advance tax payments in the first quarter of the FY 2021-22 as compared to the corresponding period of FY 2020-21, he said in a written reply to the Rajya Sabha. Net Indirect Tax (GST and non-GST) revenue collection in the first quarter of FY 2021-22 is Rs 3.11 lakh crore, he said. The increased tax collection (Direct & Indirect) as reported in the first quarter of the current financial year as compared to the same period ...

Institutional bidders lap up govt's offer for sale of HUDCO shares

Bidding will continue till close of the market hours

Govt seeks extension till January 9 for framing CAA rules: Minister

This is the fifth extension sought by the government for framing of these rules.

Govt's net tax collection rises 86% to Rs 5.57 trillion in first quarter

In Panama Papers and Paradise Papers leaks cases, undisclosed credits of Rs 20,078 crore and Rs 246 crore, respectively, have been detected.

Govt says 16,527 companies struck off during April 2020-June 2021 period

The Minister of State for Corporate Affairs said that terms such as 'shut down' or 'closed unit' or 'corporate unit' are not defined under the Act.

Need for relaunch of PMAY scheme with in-built credit-linked insurance: CII

The PMAY is the ambitious mission of the government aimed at 'Housing for All' as India completes 75 years of Independence by the year 2022.

Reports of unused ventilators 'factually incorrect', says government

It said the reports were "less than adequately informed and without any basis".

Mamata Banerjee terms Pegasus spy scandal as worse than Watergate

Banerjee called on the public to protest

Centre plans big boost for MSMEs with an inter-ministry data bank

This could help form better schemes

Govt considers automatic route for creditors in IBC to speed up resolution

Such a move requires strengthening of information utility system: Official