NEW DELHI: Treasury on Sunday five states, including Tamil Nadu and Telangana, they have been allowed to borrow an additional 16,728 crore following the completion of the reforms stipulated for ‘The ease of doing business‘. Andhra Pradesh, Karnataka and Madhya Pradesh are the other states that have been allowed to …
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NEW DELHI: Kerala and West Bengal have accepted the Center loan proposal and you will get Rs 10.197 crore through the special window to meet GST income deficit. These are among the states that had opposed the borrowing plan. “The governments of Kerala and West Bengal have communicated their acceptance …
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NEW DELHI: It is now possible to buy a residential unit from a developer at 20% lower than the value reached according to the circle rate, also known as the area ready estimate rate, without attracting criminal income tax. The developer will also not attract income taxes for such a …
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NEW DELHI: The Center reported Monday The Supreme Court that by November 5, credit institutions must credit the accounts of borrowers who have obtained loans of up to 2 million rupees the compound interest collected during the six-month loan default period and then claim the repayment of the Union government. …
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NEW DELHI: The Supreme Court said Wednesday that it was a “welcome move” by the Center to waive compound interest on loan installments of up to Rs 2 million payable during the six-month moratorium period from March 1 to March 31. August, but disapproved of the time of more than …
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Representative image NEW DELHI: At least 13 states have offered their loan options, proposed by the GST Council, to address your compensation deficit and six more states: Goa, Assam, Arunachal Pradesh, Nagaland, Mizoram and Himachal Pradesh – It is expected to do so shortly, sources from the Finance Ministry said …
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NEW DELHI: The government is unlikely to give in to demands to change the goods and services tax (GST) offset formula despite opposition-ruled states requiring the Center to borrow from the market and transfer funds to cover the deficit between real collections and the promised growth of 14%. Senior government …
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NEW DELHI: On Saturday, the Center circulated two options for states to borrow and comply with GST deficit, which will be reimbursed through an extension of the compensation cut beyond the June 2022 deadline. The proposal, however, did not find support from all states. Most of the states not governed …
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