DDT proposed to be removed; to lead to estimated annual revenue forgone of Rs. 25,000 crore

115 ViewsMinistry of Finance DDT proposed to be removed; to lead to estimated annual revenue forgone of Rs. 25,000 crore Tax Concessions Announced for Sovereign Wealth Funds of Foreign Governments, and other Foreign Investments in Priority Sectors Deadlines for relaxation for affordable housing extended by one year; Concessional Corporate Tax Rate of 15% to Extend […]

Increase in Customs Duty on Footwear and Furniture to promote domestic MSMEs| Budget 2020

125 ViewsMinistry of Finance Increase in Customs Duty on Footwear and Furniture to promote domestic MSMEs 5%  Health Cess proposed to give impetus to the Domestic Medical Equipment Industry; proceeds to be used for creating health infrastructure in aspirational districts Anti-dumping duty on PTA being abolished in the larger public interest Basic customs duty on […]

A Corruption-Free, Policy Driven good Governance and a Clean & Sound Financial Sector to Ensure Ease of Living to All Citizens

474 ViewsMinistry of Finance A Corruption-Free, Policy Driven good Governance and a Clean & Sound Financial Sector to Ensure Ease of Living to All Citizens National Recruitment Agency Proposed For Conduct of Computer-Based Online Common Eligibility Test for Recruitment to Non-Gazetted Posts New National Policy on Official Statistics to use Latest Technology to Enable Real […]