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Friday, November 22, 2024

finance ministry

MSME Payment Rule Under Review: Finance Ministry Contemplates Delay

The Finance Ministry is deliberating a potential deferment of an MSME payment Rule 43B (h) under the Income Tax Act, which mandates payments to MSMEs within 45 days. This amendment, introduced via the Finance Act of 2023, aims to...

Finance Ministry to hold meeting on 22nd June, 2021 with Infosys on issues in new Income Tax Portal

Senior officials of the Ministry of Finance, Government of India, will hold an interactive meeting on the 22nd of June, 2021, between 11:00 AM to 01:00 PM with Infosys (the vendor and its team) on issues/glitches in the recently launched...

The Union Budget 2019 – Key Takeaways

The Modi government presented the Union Budget 2019. It majorly focuses on simplifying and modernizing the tax structure. There aren’t any changes in personal income tax rates. However, the Govt. has levied an additional surcharge on the rich. Key Takeaways...

MAOI Presents Pre-Budget Memorandum to the Finance Ministry

Reduction Of GST & Bringing It On Par With Imported MRO Services Highest Priority; Grant of ‘Infrastructure’ Status To MRO industry Mumbai: India is in the midst of an aviation boom with the Civil Aviation segment registering a consistent growth...
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GeM Partnership with Sikkim: Boosting Digital Procurement Across India

The Indian government’s public procurement portal, Government e-Marketplace (GeM), has recently signed a landmark agreement with the Sikkim government....
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