Finmin sets timeline to scrap vehicles under new guidelines; to benefit auto cos like Maruti Suzuki, Tata Motors

[ad_1] The Finance Ministry has fixed a timeline for scrapping various types of vehicles and placing fresh orders. This is a part of new guidelines to write off losses under revised Delegation of Financial Power Rules (DOFR). These rules have...

Finmin sets vehicle condemnation, scrappage timeline; to benefit auto cos like Maruti Suzuki, Tata Motors

[ad_1] The Finance Ministry has fixed a timeline for scrapping various types of vehicles and placing fresh orders. This is a part of new guidelines to write off losses under revised Delegation of Financial Power Rules (DOFR). These rules have...

No new change in income tax regime from April 1: FinMin

[ad_1] The Finance Ministry on Monday, said there is no change in the new income tax regime for individuals for the current fiscal year and individual taxpayers can opt out of the regime at the time of filing their ITR.Also...

FinMin imposes definitive anti dumping duty on cast aluminium alloy wheels from China

[ad_1] The Finance Ministry has imposed definitive anti dumping duty on Cast Aluminium Alloy Wheels or Alloy Road Wheels (ARW) imports from China.The definitive anti dumping duty, valid for five years, ranges from $ 0.23 per kg to $ 1.71...

DA, DR not to be automatically merged with basic once they reach 50%

[ad_1] Dearness Allowance (DA) and Dearness Relief (DR) will not be automatically merged into basics even after touching 50 per cent mark, a senior Finance Ministry official clarified on Friday. This is not good news for 49.18 lakh central government...

Sitharaman virtually launches seven 7 infra projects worth ₹Rs 1,000 crore

  Finance Minister Nirmala Sitharaman on Friday, virtually launched seven infrastructure projects worth over ₹1,000 crore, the Finance Ministry said. In her address on the occasion, Sitharaman said it is important to ensure that projects are planned and completed without...