Finance Minister Nirmala Sitharaman has clarified that the increase in GST from 12 per cent to 18 per cent on the sale of second-hand EVs will apply only to business entities involved in the resale of used electric vehicles. This increase in GST does not apply to individuals selling second-hand electric vehicles

Explainer: All you need to know about the GST on EVs

Punjab Advocates for Greater Fiscal Autonomy and Equitable Resource Distribution at Finance Ministers’ Meet

Punjab's Finance Minister Harpal Singh Cheema Outlines Vision and State Concerns at 16th Finance Commission Conclave

The full budget for 2024-25 presented by the Finance Minister in Parliament on Tuesday has accelerated the thrust of the Interim Budget on empowering youth, women, farmers and the poor, with the introduction of bold path-breaking initiatives to increase employment and enhance incomes in these priority segments of society.

Explainer: How full Budget 2024 compares with Interim Budget

The Union Budget for 2024-25 has proposed provisions to simplify the provisions for reopening and reassessment.

Assessments to be reopened beyond 3 years only if escaped income is more than Rs 50 lakh

The government on Tuesday announced to reduce the basic customs duty (BCD) on mobile phones, printed circuit board assembly (PCBA) and mobile chargers to 15 per cent from the current 20 per cent.

Centre cuts customs duty on mobile phones, components to 15 pc; industry upbeat

Finance Minister Nirmala Sitharaman offered a bonanza for four crore salaried individuals and pensioners with the Budget announcements for 2024-25.

Budget offers income tax sops for 4 crore salaried individuals

Finance Minister Nirmala Sitharaman, presenting the Union Budget in Parliament on Tuesday, proposed supporting the development of temple corridors in Gaya and Bodh Gaya for harnessing Bihar’s tourism potential.

Union Budget: Vishnupad, Mahabodhi Temple corridors to boost spiritual tourism in Bihar

As Union Finance Minister Nirmala Sitharaman presented her seventh Budget on Tuesday, among several things, she put forth the government’s vision for the empowerment of youth.

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