Nirmala Sitharaman , Union Finance Minister The GoM on Life and...
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As many as 409 companies operating from IFSC GIFT City
Nirmala Sitharaman, Union Finance Minister Over the last 5 years,...
Bill to decriminalise certain minor offences to be introduced in Lok Sabha on Monday
Over 350 provisions are proposed to be amended through this bill...
Stringent norms adopted for max pesticide residue limit in food items: Govt
"Some media reports are claiming that the Food Safety and Standards Authority of India (FSSAI) allows 10 times more pesticide residue in herbs and spices. Such reports are false and malicious. India has one of the most stringent standards of Maximum Residue Limits...
More than 185,000 companies incorporated in FY24, highest in a fiscal year
A total of 1,85,314 companies and 58,990 Limited Liability Partnerships (LLPs) were incorporated in the fiscal ended March 31. New Delhi: More than 1.85 lakh companies were incorporated in the country in 2023-24, the highest number for any financial year. A total of...
WHO chief urges countries to finalise pandemic accord by deadline
Tedros Adhanom Ghebreyesus,Director-General, WHO One of the main points of disagreement between wealthy countries and developing states is the vexed issue of sharing drugs and vaccines fairly to avoid a repeat of COVID-era failures The only time in the organisation's...
FM refutes report on possible tweaking of tax laws
Nirmala Sitharaman, union finance minister Finance Minister Nirmala Sitharaman reacted to a post on X by a TV news channel claiming that in a sweeping change, the Income Tax Department is planning to impose uniform treatment for all asset classes New Delhi: Finance...
SC asks Centre to furnish details on notices, arrests done under GST Act
"You furnish the data on notices issued and arrests made under the GST Act for alleged defaults of Rs 1 crore to Rs 5 crore respectively for the past three years. There can be harassment of people and we won't permit that. If we find there is ambiguity in the...
GST National Coordination meeting on Friday may discuss tightening noose on fake registrations
Sanjay Malhotra,Revenue Secretary, Ministry of Finance The meeting is also scheduled to discuss ways to reach out to the mastermind of GST fraud by following the money trail, sources added. To identify risky taxpayers suspected of passing or availing fake ITC, tax...
India must expand Universal Health Coverage for ageing population, maintain economic growth: ADB Report
While the South Korea and Thailand have achieved universal health coverage, others lag behind with India having the lowest health insurance coverage among older people at 21 per cent, a report titled 'Aging Well In Asia' prepared by ADB said Tbilisi:India is one of...
Govt widens spices probe amid contamination concerns
India is the world's biggest exporter, producer and consumer of spices, and its domestic market for the products was valued at $10.44 billion in 2022, according to Zion Market Research. Beyond MDH and Everest, other major manufacturers include Madhusudan Masala, NHC...
ADB ‘Vastly Overstated’ climate finance claims in Asia, says Oxfam
The ADB, however, reaffirmed its figures, standing by its methodology and commitment to deliver USD 100 billion in climate financing by 2030, with USD 34 billion earmarked for adaptation and resilience. The Asian Development Bank's actual finance numbers for its...
US appeals court says kids’ climate lawsuit must be dismissed
The plaintiffs had argued in their 2015 lawsuit that the government has permitted, authorized and subsidized fossil fuel extraction and consumption despite knowing those actions cause catastrophic global warming AU.S. appeals court on Wednesday said a lawsuit filed by...