Finance Ministry News

Govt extends deadline for filing of various forms under I-T Act | Deets here

Govt extends deadline for filing of various forms under I-T Act | Deets here

New Delhi: The Finance Ministry on August 29 extended the deadlines for e-filing of various forms that come under the Income-Tax Act, 1961, after taxpayers reported difficulties in filing these forms online. “On consideration of difficulties reported by the taxpayers and other stakeholders in electronic filing of certain Forms under

Government postpones sale of public sector banks till next year

Government postpones sale of public sector banks till next year

New Delhi: India’s plan to sell the two state-controlled lenders may be postponed to the next financial year as the government is yet to seek Parliament’s nod to make necessary laws changes. Initiate the transaction according to people familiar with the matter. The finance ministry has not finalized the modalities