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The Ministry of Finance responds on the circular issued by Department of Expenditure, on Congress backlash. Some days back, the Department of Expenditure, a body under the Ministry of Finance released a circular, which spoke about a…

Govt 'In No Position' To Pay GST Dues To State; Can Rework The Formula Due To Dip In Tax Revenues In a meeting held on Tuesday, the Union Finance Secretary Ajay Bhushan Pandey told the Parliamentary Standing Committee on Finance that…

Update: No, international flights are not starting from August 15th, as we speculated earlier. Union Minister of Civil Aviation held a press conference today, (July 16th), and informed that till August 1st, only air-bubbles will exist…

Supreme Court of India has come out strongly against Centre, for making Aadhaar compulsory for filing of Income Tax returns and other activities. In one the fiercest rebuttal against the Aadhaar platform, Supreme Court has asked…