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Finance Ministry


Air

Government extends deadline for Air India bid to 30 June

The government extended the deadline to submit bid documents for Air India by two months to 30 June, given the ongoing nationwide lockdown. Though aviation sector has been badly hit by the covid-19 pandemic, the Finance Ministry in India is confident it will complete the privatisation of Air India as it has the full financial […]


Consumer

Decision to lower GST on hotels brings relief to tourism sector

After announcing major tax sops for Indian industry in the afternoon, the decision of the Goods and services tax (GST) Council to reduce GST burden on various sectors of the economy has brought much-awaited relief to the Indian industry. The GST council, which met in Goa, has decided to reduce GST burden on hotels, gems […]