Economy monitored to ensure deficit remains within target: FinMin

The Finance Ministry has said the government is closely monitoring the macroeconomic conditions to ensure that the fiscal deficit remains within the target of 3.3 per cent of the GDP for 2018-19. Continue Reading

Sale of flats after issue of completion certificate not to attract GST: FinMin

However, Goods and Services Tax (GST) is applicable on sale of under-construction property or ready to move in flats where completion certificate is not issued at the time of sale, it said. Continue Reading

RBI’s assessment of economy in line with govt: FinMin

The Finance Ministry has said the assessment of growth and inflation made by the RBI’s Monetary Policy Committee (MPC) is in line with government’s reading. Continue Reading