Mon, Apr 01, 2024
The Finance Ministry has clarified that there is no new change in the income tax regime that is coming in from April 1, 2024, as is being reported by some social media platforms.
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Sat, Feb 24, 2024
The Petroleum Ministry had sought budgetary support to drill four stratigraphic wells in Category II and Category III basins in India’s offshore region to obtain critical data for a robust modelling of petroleum reserves.
Tue, Feb 20, 2024
During the current financial year, the Indian economy is estimated to grow at 7.3 per cent. This would be the third year in the row when the GDP would grow in excess of 7 per cent.
Mon, Jan 29, 2018
It may noted that on February , the government will be presenting the General Budget for India.
Thu, Jan 25, 2018
Transactions through digital means rose 6.05% to 1.06 billion in December 2017 from 997.1 million in November.
The government will provide material capital infusions for even weak PSBs since IDBI, CBI and IOB received amongst the highest capital allocations, said Moody's.
Wed, Jan 24, 2018
It is expected that the government may increase the income tax exemption limit to Rs 3 lakh from currently Rs 2.5 lakh.
Tue, Jan 23, 2018
Finance Ministry remains firm on its borrowing and fiscal deficit targets for this financial year.
The 7th Pay Commission recommended that reviewing the pay matrix periodically instead of waiting for 10 long years to revise the salary and allowances
Mon, Jan 22, 2018
Not only Bitcoin, other cryptocurrencies like Ripple, Litecoin and Ethereum are gaining momentum among Indians.
Sat, Jan 20, 2018
Not only Bitcoin, other cryptocurrencies like Ripple, Litecoin and Ethereum are also gaining popularity among Indians
Wed, Jan 17, 2018
Last month, after consultation with the RBI the government had said it would make additional borrowing of Rs 50,000 crore this fiscal through dated securities.
Sun, Jan 14, 2018
The profiteering complaint form, though a single page document, has about 44 columns seeking a number of details
Fri, Jan 12, 2018
The Income Tax Department has accorded the highest priority to tackle the menace of black money. With this objective in mind, the department has initiated criminal prosecution proceedings in a large number of cases of tax offenders and evaders, said a Finance Ministry statement today.
Tue, Jan 09, 2018
Goods and Service Tax (GST) has been effective in India since July 2017, and many taxpayers, exporters, industries and markets have claimed that they faced difficulties in adapting the regime.
Mon, Jan 08, 2018
As of September 2017, PSBs' gross non-performing assets (GNPA) stood at Rs 7.34 lakh crore.
Sun, Jan 07, 2018
If the complaints have merit, the respective committees would refer the cases for further investigation to the DGS
Fri, Jan 05, 2018
At present, India had small denomination notes of Rs 1, Rs 2, Rs 5, Rs 10, Rs 20, old Rs 50, Rs 100, Rs 200 and high denomination notes of Rs 500 and Rs 2000.
Thu, Jan 04, 2018
Moody's expects the government will allocate the Rs 1.5 lakh crore in capital across the country's 21 public sector banks so that they will all have common equity tier 1 (CET1) ratios.
These bonds with seven-year maturity would open for subscription from January 10, a Finance Ministry statement said today.
Wed, Jan 03, 2018
The funding comes under Indradhanush plan which promised Rs 70,000 crore over period of four years ending March 2019
This move is aimed to make the political funding more transparent as presently all the funding are in the name of anonymous cash donations.
Tue, Jan 02, 2018
The statement said that both competitive and non-competitive bids for the auction should be submitted in electronic format on the Reserve Bank of India Core Banking Solution (E-Kuber) system on January 05, 2018.
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