The decision has been taken due to the Covid-19 impact and after several taxpayers including chartered accountants complained about technical glitches in filing the ITRs through e-portal.
A notice or an order issued under these rules has to be served on the person by delivering or tendering it to that person or his duly authorised agent.
On the occasion, Sitharaman said that she will ensure that more bank activities take place in Jammu and Kashmir and more Public Sector Banks set up branches in all districts so that every person has access to banking facilities.
Union Finance Minister Nirmala Sitharaman on Monday virtually interacted with the Chief Ministers and Finance Ministers of all the states along with Lieutenant Governors of the UTs.
The credit outreach programme was an initiative of the ministry of finance under which banks were asked to reach out to every district of the country to endow loans to eligible borrowers as per prudential norms.
In March this year, the Parliament had cleared the bill for setting up the Rs 20,000 crore National Bank for Financing Infrastructure and Development.
The circular states that the last date of receiving the applications if twenty days following the date of publication, that is, November 15, 2021.
The Union Finance Minister Nirmala Sitharaman currently on her US visit said Joe Biden administration and US corporates have hailed India’s recent economic reforms.
Union Finance Minister Nirmala Sitharaman said India’s pandemic response has focused on the ‘twin goals of saving both the lives and livelihoods’.
Union Finance Minister Nirmala Sitharaman will meet US Treasury Secretary Janet Yellen on the sidelines of the annual meetings of the IMF and World Bank India Economic and Financial Partnership (EFP).
This was the third such exchange between the Swiss body and India under the framework of the global standard on the automatic exchange of information (AEOI).
It added that the total amount disbursed as back to back in lieu of GST compensation reached Rs 1.15 lakh crore for the current financial year.
A total market borrowing of Rs 12.05 lakh crore was projected for the fiscal year 2021-22 in the Union Budget. The effective borrowing in H1 was Rs 7.02 lakh crore
Finance Minister Nirmala Sitharaman will preside over the 45th meeting of the Goods and Services Tax (GST) Council in Lucknow today.
Announcing the National Monetisation Pipeline (NMP), Union Finance Minister Nirmala Sitharaman said the asset monetisation does not involve selling of land and it is about monetising brownfield assets.
The finance ministry summoned Infosys CEO Salil Parekh over continued snags in India's new electronic tax filing portal
Between January 2019 to June 2021, the government has paid Rs 164.5 crore to Infosys for developing the portal.
The launch is expected to benefit more than 2,00,000 tourists from India who travel to Bhutan each year.
He would take his colour, brushes and canvas outside to paint and talk with his love. He would stand close to the window and paint, keeping an eye on his muse.
They say the violin mimics the human sound. In his case, it was that of love, of longing. He didn’t know any other way of loving.
Younger people do not have much progressive beliefs; a 2017 survey found that one-third of young people opposed inter-caste marriage.
The pandemic has made it clear that virtual learning is here to stay. In the West, the big question is whether it will dilute the quality of the college experience and education. In India, which grapples with digital divide, the question remains whether this will reach most people at all.
Even after two years of the Covid-19 pandemic, many 'informed' individuals in India continue to deny the virus with unscientific claims and unfounded data. The latest? Omicron will end the pandemic.
Across Asia there are deeply entrenched obstacles to a mode of higher education that is liberal in multiple senses – disciplinary and epistemological but also social and political.
The two incidents in the recent past, one in Mon district of Nagaland and the other at Lakhimpur Kheri in Uttar Pradesh, undermined the core principles democracy and federalism.