Pankaj Chaudhary - Latest News, Analysis, Opinion - BW Businessworld

The government and Reserve Bank of India (RBI) have taken steps to support a less cash-dependent economy and boost digital payment

Direct Tax Collection Rises 41% In Q1 FY23

Net direct tax collection in the April-June quarter of the current fiscal rose by 41 per cent to Rs 3,54,569.74 crore, Minister of State for Finance Pankaj Chaudhary informed the Lok Sabha

India GDP Estimated At Rs 147.5 Tn In FY22: MoS Finance Pankaj Chaudhary

In FY 2020-21, he said that as a major part of its policy response to the pandemic, the government while providing a safety net to the vulnerable sections of the society implemented several structural reforms to strengthen private sector investment.

Centre Registers Record GST Collection Of Rs.1,40,986 Cr In Jan

The minister also stated that since the centre has been making concerted efforts to raise tax revenue collections, it is expected that the GST collection may remain buoyant in the coming months as well.

Over 43.34 Cr PAN Cards Linked With Aadhaar Till Jan 24: Govt

Speaking on the difficulties involved, the Minister stated that there could be different reasons for difficulties in linking the PAN card with the Aadhaar card faced by the taxpayers.

PSBs Recover More Than Rs 5.49 Tn Over Last 7 Fiscal Years, Says FM In LS

Economy Policy

The government has taken comprehensive steps to reduce NPAs and to effect recovery, enabling public sector banks to recover more than Rs 5.49 trillion over the last seven fiscal years

GST Officers Detect Rs 4,000 Cr Of ITC Fraud In Apr-Jun

Companies & Markets

In reply to a separate question, Chaudhary said the mechanism for claiming Goods and Services Tax (GST) refund by exporters is a streamlined process.

Cairn Arbitration: Govt Confirms French Court Order Against Indian Assets

Energy & Infra Renewable Energy

Minister of State for Finance Pankaj Chaudhary in a written reply to a question in the Rajya Sabha said the government has filed an appeal against an international arbitration tribunal overturning levy of Rs 10,247 crore in back taxes on Cairn Energy.

Higher Q1 Tax Mop-Up Shows Economy On Recovery Path: Govt

Net direct tax collection in the April-June quarter of the current fiscal is over Rs 2.46 lakh crore, as against more than Rs 1.17 lakh crore during the same period of the previous fiscal.

Govt's Net Tax Collection Rises 86% To Rs 5.57 Lakh Cr In Q1

The net indirect tax collection in the first quarter of FY 2021-2022 was Rs 3,11,398 crore as against Rs 1,82,862 crore during the same period a year ago, representing a growth of 70.3 per cent.

Sebi, DRI Probing Adani Group Firms: Minister

Adani Group is a responsible corporate citizen and strongly believes in compliance of appliable laws and adheres to prudent corporate governance framework

Indian Economy Showing Signs Of Revival, Says Union Minister Pankaj Chaudhary

"The Indian economy is showing signs of revival since the peaking of second wave in first half of May 2021 on the back of targeted fiscal relief, strong push for capital expenditure, RBI''s monetary policy measures, and a rapid vaccination drive.

Pankaj Chaudhary Takes Charge As Minister Of State For Finance