Ministry of Finance

As announced by the Finance Minister on 23rd July, 2024 in the Union Budget 2024-25, the limit of Mudra loans under the Pradhan Mantri Mudra Yojana (PMMY) has been enhanced from current Rs. 10 lakh to Rs. 20 lakh. This increase aspires to…

During Karmayogi Saptaah/National Learning Week, the Chairman , CBIC Shri Ravi Aggarwal launched a nationwide rollout of Behavioral Sensitization program in CBIC. This initiative has been kicked off with 52 batches across all 32 zones of…

In exercise of the powers conferred by sub-section (2) of section 14 of the Customs Act, 1962 (52 of 1962), the Central Board of Indirect Taxes & Customs, being satisfied that it is necessary and expedient to do so, hereby makes the…

The Finance Minister has approved the creation of Chief General Manager post (CGM), below board level, in five more nationalized banks (i.e.) Bank of Maharashtra, Central Bank of India, Indian Overseas Bank, Punjab & Sind Bank and UCO…

The outstanding balance of ‘GOI FLOATING RATE BOND 2024’ is repayable at par on November 07, 2024. No interest will accrue thereon from the said date. In the event of a holiday being declared on repayment day by any State Government under…

Department of Investment and Public Asset Management (DIPAM) is conducting ‘Special Campaign 4.0’ from 2nd to 31st October, 2024 for institutionalizing Swachhata and minimizing pendency. The targets identified by the Department for…

In conformity with the Finance Minister’s budget announcement on simplification and rationalization of compounding procedure, CBDT has issued Revised Guidelines for Compounding of offences under the Income-tax Act, 1961(the 'Act') on…

Central Board of Direct Taxes (CBDT) has notified amendments in income-tax rules for ease in claiming credit for TCS collected/TDS deducted for salaried employees and enabling claiming TCS credit of minors in the hands of parents.…

The Department of Revenue (DoR) has set various targets in the preparatory phase of Special Campaign 4.0.  Now, in the Execution phase, DoR is making all-out efforts to clear the pendency in all major items of work viz, VIP references,…

The Central Board of Indirect Taxes and Customs (CBIC) is making significant strides in its "Special Campaign for Disposal of Pending Matters 4.0," which is being actively implemented across all its offices nationwide. Launched on 2nd…