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Defence Ministry clears 250 MW solar project with battery storage in Uttar Pradesh's SitapurThe Indian Defence Ministry has taken a pivotal step in renewable energy by sanctioning a 250 MW solar power project featuring integrated b...
Tax vs Customs: Why MNCs face a growing valuation and compliance battleMNCs face rising conflict between tax and customs rules on related-party pricing, as India’s tighter digital scrutiny raises compliance ris...
India can't afford rising import dependence on edible oil: Industry body SEA on PM appealThe Solvent Extractors’ Association of India (SEA) backed Prime Minister Narendra Modi’s appeal to reduce edible oil consumption, saying lo...
EPFO may raise minimum pension under EPS-95; settles 83.1 million claims in 2025-26Labour and employment minister Mansukh Mandaviya, Wednesday, said that the Employees’ Provident Fund Organisation (EPFO) settled 6.103 mill...
Simultaneous polls will require at least 5 amendments to Constitution but would yield huge savings to exchequerHolding simultaneous elections to Lok Sabha and state assemblies would need at least five constitutional amendments and a large number of a...
Huge boost for self employed as major Tax reform announced by Kwasi Kwarteng in mini Budget. Details hereChancellor of the Exchequer Kwasi Kwarteng has reversed the decision to increase the National Insurance rate by 1.25 per cent and also slas...
Punjab govt to present paperless budget, says CM Bhagwant Mann"Good news for the people of Punjab... My government has decided that there will be a paperless budget this time. With this, around Rs 21 l...
Lok Sabha to become paperless from next session: SpeakerIt will save crores of rupees, he said. However, he assured the House that if any member needed paper he or she would be provided.
CISF to go cashless for fuel needs, to save Rs 12 lakh annuallyA Memorandum of Understanding (MoU) for the initiative called 'Fleet Management System' was signed between Indian Oil Corporation Ltd and t...
Punjab cabinet clears decks for CM, ministers to pay own I-TAt present, payment of income tax of the chief minister and his ministerial colleagues is done from the state exchequer.
Aadhaar data base fully safe and secure, says UIDAIAccording to Unique Identification Authority of India (UIDAI), there has been no incident of misuse of Aadhaar biometrics leading to identi...
Linking all benefits to Aadhaar and Jan Dhan Yojana will save Rs 1 lakh crore from bogus claims: Nitin GadkariThe government is trying to stamp out bogus beneficiaries, given instances of fake claims in scholarships, pension, gas subsidies and other...
Government raises 10,000 crore via rarely used tool, Bond Street surprisedBond dealers warned that given that the exchequer has a cash shortage, if the government's expenses are not controlled at this stage or div...
PFRDA hopes for concrete proposals in next BudgetWith over 80 per cent of people employed with the unorganised sector, the scheme is targeted at those not having social security cover unde...
- Tax payers ignorance costs Rs 660 crore to government every year: TaxSpanner Report
More than 94% of employees in India do not report income from other sources leading to a loss of approx Rs 660 cr to exchequer annually.
- 2G scam: BSNL, MTNL & Airtel got most extra spectrum
The CAG report on 2G spectrum has estimated that the exchequer lost nearly Rs 37,000 crore because spectrum beyond the contracted amount wa...
- Exchequer saves Rs 10 cr as ministers go on fewer tours
The government has saved nearly one-tenth of the amount it allocated for tours of union ministers during 2006-07 as they went on fewer trip...