finance ministry

DeMo: Finance Ministry probing into deposits of unaccounted cash by jewellers

DeMo: Finance Ministry probing into deposits of unaccounted cash by jewellers

These jewellers under scrutiny have also not reflected such transactions in their return of income for the Assessment Year 2017-18, sourc...Read More

Finance ministry likely to provide income tax relief to middle class in Union Budget 2020

Finance ministry likely to provide income tax relief to middle class in Union Budget 2020

Ahead of Union Budget, reports have surfaced saying that finance ministry is expected to announce a slew of measures in the forthcoming U...Read More

RBI suggests Finance Ministry to align small savings rate

RBI suggests Finance Ministry to align small savings rate

RBI suggests Finance Ministry to align small savings rate

Inspired by Varun Grover’s Hum Kagaz Nahi Dikhayenge? Twitterati ROFL over FinMin’s refusal to reveal Swiss account details

Inspired by Varun Grover’s Hum Kagaz Nahi Dikhayenge? Twitterati ROFL over FinMin’s refusal to reveal Swiss account details

India is among 75 countries with which Switzerland's Federal Tax Administration (FTA) has exchanged information on financial accounts wit...Read More

War on black money? FinMin refuses to share details of Swiss bank accounts of Indians

War on black money? FinMin refuses to share details of Swiss bank accounts of Indians

In reply to an RTI query, the ministry also refused to disclose the details of black money received from other foreign countries

Despite dropping GST collection, Finance Ministry sets Rs 1.1 lakh crore monthly target

Despite dropping GST collection, Finance Ministry sets Rs 1.1 lakh crore monthly target

Finance Ministry on Tuesday set a a Rs 1.1 lakh crore monthly Goods and Services Tax (GST) mop-up target for the remaining four months of...Read More

Centre sanctions Rs 2,228 crore as GST compensation to Punjab

Centre sanctions Rs 2,228 crore as GST compensation to Punjab

The communication from the Centre comes amid repeated efforts by the state government, including the Chief Minister, to press the Union G...Read More

Budget likely on February 1, survey on Jan 31: Sources

Budget likely on February 1, survey on Jan 31: Sources

Mumbai: Union Budget for 2020-21 may be presented on February 1 and the Economic Survey is likely to be on January 31, Finance Ministry s...Read More

Finance Ministry to recapitalise state-run general insurance companies

Finance Ministry to recapitalise state-run general insurance companies

New Delhi: The Finance Ministry will recapitalise the state-run general insurance companies ahead of taking further steps in their merger...Read More

Govt wants RBI to take over stressed assets of shadow banks: Report

Govt wants RBI to take over stressed assets of shadow banks: Report

India's finance ministry wants the Reserve Bank of India to set up a fund to buy out stressed assets of the country's top 25 shadow lende...Read More

 GST,PM Kisan caused minor slip in fiscal deficit in FY19: Fin Min

GST,PM Kisan caused minor slip in fiscal deficit in FY19: Fin Min

New Delhi, Nov 23 (IANS) Transitional impact of GST and poor agricultural situation in 2018-19 fiscal led to the 0.1 percentage point dri...Read More

Finance Ministry ignores RBI’s dissent on electoral bonds; assumes 'indirect' approval

Finance Ministry ignores RBI’s dissent on electoral bonds; assumes 'indirect' approval

New Delhi: The Reserve Bank of India’s (RBI) repeated warnings on the electoral bond scheme in bearer form having the potential to increa...Read More

Early inclusion of gas, ATF into GST fold likely

Early inclusion of gas, ATF into GST fold likely

New Delhi: At least two out of the five petroleum products, including aviation turbine fuel or ATF and natural gas, are likely to be amon...Read More

Stock markets may rally, PMO and FinMin working on scrapping DDT; revising LTCG, STCG

Stock markets may rally, PMO and FinMin working on scrapping DDT; revising LTCG, STCG

New Delhi: A bonanza is in the offing for the stock markets as the Prime Minister's Office (PMO) and the Finance Ministry are working on ...Read More

RBI rate cut to complement government's measures to boost growth: Finmin

RBI rate cut to complement government's measures to boost growth: Finmin

New Delhi: The Finance Ministry on Friday said the Reserve Bank's decision to lower benchmark lending rate will complement recent measure...Read More

Government may trim PSU ownership below 51% as it plans to sell 'whatever is saleable'

Government may trim PSU ownership below 51% as it plans to sell 'whatever is saleable'

Mumbai: Terming privatisation as the top-most priority, a senior finance ministry official Thursday said the government will sell "whatev...Read More

Centre plans to sell whatever is saleable: Source

Centre plans to sell whatever is saleable: Source

Mumbai: Terming privatisation as the top-most priority, a senior finance ministry official Thursday said the government will sell "whatev...Read More

Finance Ministry to exit Air India this year: Official

Finance Ministry to exit Air India this year: Official

Mumbai: The government is confident of exceeding the divestment target for the fourth consecutive year, a senior finance ministry officia...Read More

Amit Shah instructs ministers of BJP-ruled states to spread awareness on steps taken to boost economy

Amit Shah instructs ministers of BJP-ruled states to spread awareness on steps taken to boost economy

New Delhi: BJP president Amit Shah on Monday directed chief ministers and deputy ministers of party-ruled states and Union Ministers to h...Read More

PMO, Finance Ministry officials to discuss steps for economic revival tomorrow

PMO, Finance Ministry officials to discuss steps for economic revival tomorrow

The Finance Ministry's first priority is handling the FPI tax which is turning the market upside down with flight of capital further aggr...Read More

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