Ministry of Finance

In exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and in supersession of the Notification No. 30/2024-Customs(N.T.), dated 18th April, 2024 except as respects things done or omitted to be done before…

The Gross Goods and Services Tax (GST) collections hit a record high in April 2024 at ₹2.10 lakh crore. This represents a significant 12.4% year-on-year growth, driven by a strong increase in domestic transactions (up 13.4%) and imports (up…

The Central Board of Direct Taxes (CBDT), has issued Circular No. ­­­07/2024 dated 25.04.2024 further extending the due date for filing Form 10A/ Form 10AB under the Income-tax Act, 1961 (the ‘Act’) upto 30th June, 2024. CBDT had earlier…

The Pension Fund Regulatory and Development Authority (PFRDA) has notified the National Pension System Trust (Second Amendment) Regulations 2023 and Pension Fund (Amendment) Regulations 2023 on 05.02.2024 and 09.02.2024 respectively. The…

Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman chaired the 28th Meeting of the Financial Stability and Development Council (FSDC) in New Delhi, today. The FSDC, inter alia, deliberated on…

The Govt. of Japan has committed Official Development Assistance loan of an amount of JPY 232.209 billion for nine (09) projects in various sectors. The Notes were exchanged today between Mr. Vikas Sheel, Additional Secretary, Department of…

Dr. Niranjan Rajadhyaksha, Executive Director, Artha Global was appointed as Member in the 16th Finance Commission vide notification dated 31.01.2024. Dr. Rajadhyaksha has expressed his inability to take up this responsibility due to…

Dr. Vivek Joshi, Secretary, Department of Financial Services (DFS), chaired a Conference of Chairpersons of Debt Recovery Appellate Tribunals (DRATs) and Presiding Officers of Debt Recovery Tribunals (DRTs) organised by Department of…

The Central Goods and Services Tax (CGST), Central Excise and Customs, Bhopal Zone, organised an All Chief Commissioners' Conference on Customs matters at Bhopal, Madhya Pradesh on 15-16 February, 2024. Shri Sanjay Kumar Agarwal, Chairman,…

In the current Financial Year 2023-24 (up to December 2023), 1,700 fake ITC cases involving Rs. 18,000 crore have been detected and 98 fraudsters/masterminds have been apprehended by the Directorate General of GST Intelligence (DGGI). In…