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, May 26, 2017
Telecommunication services currently attract a service tax of 14 per cent, along with Swachh Bharat Cess (SBC) of 0.5 per cent and 0.5 per cent Krishi Kalyan Cess (KKC).
Mon, May 22, 2017
The Finance Ministry had earlier notified a new investment pattern for EPFO, allowing the body to invest a minimum of 5 per cent and up to 15 per cent of its funds in equity or equity-related schemes.
Thu, May 18, 2017
The GST Council headed by Jaitley is meeting here to take a final call on the new taxation regime and finalise the rates of different commodities and services.
Sat, May 13, 2017
The Central government employees are likely to get maximum monthly hike in house rent allowance (HRA) by up to Rs 48,000 from June this year as per the 7th Pay Commission recommendations.
Fri, May 12, 2017
Besides RBI governor, Financial Services Secretary, other senior officials of finance ministry and RBI were present in the meeting.
Thu, May 04, 2017
It said, "With the increase approved by the Cabinet, the annual pension bill alone of the Central Government is likely to be Rs1,76,071 crore."
Mon, Apr 24, 2017
The committee was expected to submit the report by April 18 after the "crucial" meeting held on April 6, which did not happened.
Wed, Apr 19, 2017
EPF and tax-saving fixed deposits both earn a tax break of up to Rs 1.5 lakh under Section 80C of the Income Tax Act.
Thu, Apr 13, 2017
Labour Minister Bandaru Dattatreya said on Thursday that EPFO has decided to provide 8.65% interest rate on provident fund (PF) deposits for the financial year 2016-17 (FY17).
Fri, Mar 31, 2017
The government has lowered interest rates on small saving schemes like Public Provident Fund (PPF), Kisan Vikas Patra and Sukanya Samriddhi Scheme by 0.1% for the April-June quarter of the fiscal year 2017-18 (FY18).
Wed, Mar 29, 2017
Boosting private sector investment remains a challenge for the Indian economy, Arvind Subramanian, chief economic adviser to the finance ministry told the annual Credit Suisse Asian Investment Conference in Hong Kong on Wednesday.
Sun, Mar 26, 2017
JSW Steel is keen to capitalise on the stress in the sector by acquiring distressed alloy companies so that it can expand its capacity faster, a top official has said.
Sat, Mar 25, 2017
Reorganisation of the field formations of CBEC for the implementation of GST has been approved by Finance Minister Arun Jaitley.
"CCI has imposed a penalty of Rs 591.01 crore upon CIL for the abusive conduct," it said.
Thu, Mar 23, 2017
The government has done away with the 1 % tax on cash payments of over Rs 2 lakh for purchase of any goods or service after it banned cash dealings above that limit from April 1.
The Finance Ministry on Thursday has notified the amended India-Singapore tax treaty under which capital gains tax will be levied at source of investments with effect from April 1.
Tue, Mar 21, 2017
The four Bills have been earlier approved by the GST Council after thorough, clause by clause discussion over 12 meetings of the Council held in the last six months.
Fri, Mar 17, 2017
The government of India on Friday announced a field trial with plastic banknotes at five locations of the country.
Thu, Mar 16, 2017
"Indian markets (are) well placed to absorb the US Fed rate hike. Gradual approach in future increases augurs well for emerging markets," Economic Affairs Secretary Shaktikanta Das said on Twitter.
Tue, Mar 14, 2017
Subramanian also said that the bad bank will adopt all other options of resolution, including changing the promoters and management as well.
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