Last Updated:December 31, 2024, 19:39 IST The government notifies the interest rates on small savings schemes, majorly operated by post offices and banks, every quarter. The interest rates for popular Public Provident Fund (PPF) and post office savings deposit schemes too have been retained at 7.1 per cent and 4 per cent, respectively. The government … Read more
The central government on Monday issued notices totalling Rs 10,000 crore to automakers for failing to pay compensation cess levied under the Goods and Services Tax (GST) on utility vehicles, says ET Now citing sources.The automakers have requested the government to review the notices. Read original article here Denial of responsibility! Pioneer Newz is an … Read more
The Finance Committee began on Monday to prepare for its second and third reading of a bill proposed by Finance Minister Bezalel Smotrich to expand government spending by approximately NIS 3.4 billion. Smotrich himself attended the meeting and presented the bill. It covers a number of war-related issues, including funding for evacuees and released … Read more
An NIS 3.4 billion increase in the 2024 budget was approved by the government Sunday, after being advanced by Finance Minister Bezalel Smotrich. The nearly 2.7 billion of the funding is primarily for extended housing grants and other social services grants for evacuees from the North through the end of the year. It also … Read more
Education Minister Yoav Kisch will present to the Knesset Education Committee on Wednesday new regulations intended to enable salary raises for thousands of teachers in the two major haredi elementary school systems, despite not having reached agreements with the Finance and Justice Ministries on a number of key issues. Kisch announced the new regulations … Read more
Automotive dealers body FADA on Friday urged the government to introduce vehicle depreciation benefits for individual taxpayers, saying it will not only expand the taxpayer base but also ignite automobile demand. In its pre-budget wishlist, the Federation of Automobile Dealers Associations (FADA) also asked the finance ministry to reduce corporate tax for LLPs, proprietary, and … Read more
KUALA LUMPUR: The government urges all parties to work together and take a whole-of-nation approach to strengthen the value of the ringgit, says the Finance Ministry. It said on the Parliament website on Monday (March 18) that all Malaysians are encouraged to adopt a “Malaysia First” attitude in their daily lives. “This includes buying domestic … Read more
Representational file image | Photo Credit: C. Venkatachalapathy The Finance Ministry has directed all state-owned banks to review their gold loan portfolio as instances of non-compliance with regulatory norms have been noticed by the government. The Department of Financial Services (DFS) in a communication addressed to heads of public sector banks has asked them to … Read more
The passing of former finance and infrastructure minister Avraham Shochat this week nearly marks the end of an era. Ehud Barak was the last Labor prime minister in Israel, serving from 1999 to 2001.There are few still living Labor Party stalwarts who served as ministers or Knesset members in the administrations of Yitzhak Rabin, … Read more
The Biden administration is seeking to provide financial assistance to the Palestinian Authority (PA), as its officials warn that it is rapidly running out of cash. The US administration hopes that the PA will be able to govern Gaza when the war in Gaza is over, according to a report in The Wall Street … Read more
