Tue, Nov 21, 2023
Financial flows in the external sector need constant monitoring as they impact the value of rupee and the balance of payments, the report said, adding that a fuller transmission of the monetary policy may also temper domestic demand.
Thu, Nov 02, 2023
Cover Story: There is bumper demand all around during the festive season, and the government's coffers are getting filled as GST collection is increasing significantly.
Tue, Oct 31, 2023
India's fiscal deficit for the first six months (April-September) of the current financial year was Rs 7.02 lakh crore which works out to 39.3 per cent of the estimate for the whole year, according to government data.
Fri, Mar 24, 2023
The finance ministry today clarified that the securities transaction tax (STT) on selling options has been increased to 0.062% from 0.05% and not from 0.017% to 0.021% as mentioned in the latest amendment to Finance Bill 2023 that was passed by the Lok Sabha today.
As per the Finance Bill amendment, individual taxpayers earning marginally higher income than the no-tax ceiling of Rs 7 lakh will pay tax only on the differential income
Tue, Mar 21, 2023
Adhir Ranjan Chowdhury also urges the Centre to empower all local and sub post offices to help people get their PAN card linked with their Aadhaar card free of cost
Old Pension Scheme: Sources from the Ministry also confirmed that the contribution will increase without burdening the exchequer and the majority of the investment will be possible in an annuity to increase the pension.
Sun, Mar 05, 2023
The Finance Ministry has also asked the Central Board of Direct Taxes (CBDT) and Central Board of Indirect Taxes and Customs (CBIC) to report flash figures. Besides, other non-tax and disinvestment receipts too would have to be reported on a daily basis, as per the memorandum.
Sun, Feb 19, 2023
The meeting between Finance Ministry and banks' heads is scheduled to be held on February 22 to review progress on ECLGS and Loan Guarantee Scheme for COVID-Affected Sectors (LGSCAS), sources said.
Sat, Feb 11, 2023
The revised estimates for the current fiscal pegged direct tax revenues at Rs 16.50 lakh crore, higher than the budget estimates of Rs 14.20 lakh crore.
Sun, Feb 05, 2023
India's policies will be based on domestic requirements, and there will not be any change to the stance to suit the fancy of global bond investors, he said.
Thu, Feb 02, 2023
In the exclusive interview with Zee Business, Finance Secretary T.V. Somanathan, and DIPAM Secretary Tuhin Kanta Pandey spoke about several aspects of the budget including why privatization was not on the budget agenda, tax slab changes, and many more.
Sun, Jan 29, 2023
The disinvestment target outlined in the Budget for the next fiscal is likely to be a scaled-down and realistic one, as the budgeted PSU sell-off target is going to be missed for the fourth year in a row this fiscal.
Sun, Jan 22, 2023
Launched by Prime Minister Narendra Modi in January 2018, the Aspirational Districts Programme (ADP) aims to transform the 112 most under-developed districts quickly and effectively across the country.
Thu, Jan 19, 2023
Budget 2023: Finance Ministry has a meeting with heads of public sector banks; officials from the Ministry of Corporate Affairs were also present at the meeting.
Wed, Jan 18, 2023
The symposium titled Financial Services Cyber Security (FINSCY) was organised by the Department of Financial Services (DFS) and Secretary Vivek Joshi inaugurated it, an official statement said.
Thu, Jan 12, 2023
The government has introduced several schemes, like the Agneepath scheme, and the Rozgar mela to boost employment, Karad pointed out.
Wed, Dec 28, 2022
The unregistered taxpayer can file for refunds within two years of the relevant date -- it would be the date of receipt of goods/services or letter of cancellation of contract/agreement.
Sat, Dec 24, 2022
"As we head into 2023, global economic developments are expected to complicate the outlook further, and therefore continued vigilance is a critical aspect in maintaining India's external resilience," a finance ministry report said.
Tue, Dec 06, 2022
As part of the primary dealer activity, IDBI Bank is involved in market making activities in respect of G-Secs, including T-bills. IDBI's treasury actively participates in primary auction of government bonds.
Thu, Dec 01, 2022
Sanjay Malhotra replaced Tarun Bajaj, who superannuated on November 30.
Sun, Nov 27, 2022
In a letter shot off on Friday, the forum stated, "Now your email dated November 25, 2022 under reference, makes it explicit that each central trade union will be allowed to speak for three minutes. This is a joke and we refuse to be part of such a cheap joke. We will not participate in the proposed video conference on November 28, 2022."
Mon, Nov 21, 2022
Budget 2023-24 Expectations: Finance Minister Nirmala Sitharaman on Monday kicked off pre-budget consultations, holding meetings with industry chamber heads and infrastructure experts about their expectations from the upcoming Budget.
By accepting cookies, you agree to the storing of cookies on your device to enhance site navigation, analyze site usage, and assist in our marketing efforts.