Page-10 of Ministry of Finance Current Affairs, GK & News
Subhash Chandra Garg , a 1983 batch IAS officer of Rajasthan cadre, has been designated as the new Finance Secretary (FS) of India. He is also the current Union Economic Affairs Secretary. He succeeded Ajay Narayan Jha. As per the convention, the senior-most among the five secretaries in the Finance Ministry is designated as the ..
Topics: Ajay Bhushan Pandey • Ajay Narayan Jha • Civil Services of India • Finance Secretary of India • G. C. Murmu • Government of India • Indian Administrative Service • Ministry of Finance • Secretary to the Government of India • Subhash Chandra Garg
The government has increased the tax-free gratuity income limit to Rs 20 lakh. This move will benefit the public as well as private sector employees. What is Gratuity? Gratuity is the monetary benefit provided by the employer to his/her employee for the services rendered by him during the period of employment. A minimum of five ..
The Central Board of Indirect Taxes and Customs (CBIC) has constituted three working groups to suggest ways to facilitate exports, especially through e-commerce, and improve compliance by way of curbing tax evasion. The Working Groups would study and recommend measures to facilitate trade, promote exports and improve compliance. Mandate of Working Groups Export promotion and facilitation ..
Topics: CBIC • Central Board of Indirect Taxes and Customs • Department of Revenue • E-commerce • export competitiveness • export promotion • IGST • logistics services • Ministry of Finance • Tax Evasion
The Central Board of Direct Taxes (CBDT) has formed a four-member committee to look into the matter of taxation related pain points and submit its final report and recommendations by mid-March 2019. Its recommendations could include applying a filter for tax officer before a notice is issued and setting a time limit for concluding an ..
Topics: Central Civil Services • Economy of India • Government of India • Income Tax • Income Tax Department • Income tax in India • Ministry of Finance • Poonam Kishore Saxena • Tax • Taxation in India
Pramod Chandra Mody, a 1982 batch Indian Revenue Service (Income Tax cadre), has been appointed as the new chairman of Central Board of Direct Taxes (CBDT), the top policy making body of income tax department,. He succeeded Sushil Chandra, who was named as an new Election Commissioner (EC) of India. The CBDT Chairperson is ex-officio ..
Topics: Central Civil Services • Chairperson, Central Board of Direct Taxes • Economy of India • Government of India • Income Tax Department • Income tax in India • India • Indian Revenue Service • Ministry of Finance • Secretary to the Government of India • Taxation in India