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.
Sun, Oct 23, 2022
Observing that India has managed inflation better than most other countries in the world, the Review said that barring further weather extremities, retail food inflation is expected to decline in the coming months, leading to lower headline retail inflation.
Mon, Oct 10, 2022
According to the memorandum, the proposals in complete form justifying supplementary demands to be included in the first batch should be forwarded to the Budget Division of the finance ministry by November 11, 2022.
Thu, Oct 06, 2022
EPFO Interest Credit News: The 2021-22 (April-March) was the first year when a tax on interest on contributions beyond Rs 2.5 lakh per annum to provident fund was introduced.
Sat, Sep 17, 2022
India's rice production could fall by 10-12 million tonnes during the Kharif season this year due to a fall in paddy sowing area, Food Secretary Sudhanshu Pandey had said earlier this month.
Sun, Sep 11, 2022
Zee Business Top Picks 11th Sep'22: From the stock market outlook to corporate action to the government policies and decisions to rising digital payments and buzz about LIC New Pension Plan, here is a list of top stories featured on zeebiz.com. Take a look to know more:
In 2015, the Insurance Act was amended for raising the foreign investment cap from 26 per cent to 49 per cent. All these amendments since privatisation of the insurance sector have led to exponential growth.
Sat, Sep 10, 2022
Direct Tax collections continue to register steady growth as it surged over 35 per cent year-on-year to Rs 6.48 lakh crore provisionally, the Ministry of Finance said in its release on Friday.
Fri, Sep 09, 2022
Finance Ministry took steps on illegal applications. Now only whitelisted legal apps will be available on the App Store. RBI to prepare white list of all legal apps. Watch this video for more details.
Tue, Sep 06, 2022
The finance ministry will on Wednesday hold a meeting with all stakeholders, including banks and officials of external affairs and commerce ministries, to discuss ways to promote cross-border trade in rupee instead of US dollar.
Fri, Sep 02, 2022
GST officers can now launch prosecution against offenders in cases where the amount of evasion or misuse of input tax credit is more than Rs 5 crore, the Finance Ministry has said.
Tue, Aug 23, 2022
The draft Foreign Exchange Management (Overseas Investment) Rules and draft Foreign Exchange Management (Overseas Investment) Regulations were also put in the public domain for consultations.
Mon, Aug 22, 2022
The statement by Finance Ministry on UPI comes amid speculations that the transactions could be charged. Here is what you as a UPI user need to know - ALL DETAILS HERE
An important meeting of the Ministry of Labor is going to be held with the industry today. In which there is a possibility that the salary structure can be discussed. There will be another meeting with the states on August 24-25 on the issue of wage code. What will be special in Wage Code? Know full news from Ambarish Pandey.
Sat, Aug 20, 2022
The report added that global investor confidence in India's economic landscape is further endorsed by net foreign direct investment (FDI) inflows remaining robust at USD 13.6 billion in Q1 of 2022-23.
Sun, Aug 14, 2022
The Union Budget 2020-21 introduced a new tax regime. Taxpayers were given the option to choose between the old regime with various deductions and exemptions and the new tax regime that offered lower tax rates without exemptions and deductions.
Wed, Aug 10, 2022
The share of states in the Central taxes -- at the aggregate level of 41 per cent -- was decided by the 15th Finance Commission. Typically, this is transferred in 14 installments in a fiscal year.
Thu, Jul 21, 2022
RBI-SEBI tussle over credit rating. Differences came to the fore regarding credit rating regulation. RBI and SEBI reached the Finance Ministry regarding the matter. Know the full news from Tarun Sharma.
Wed, Jul 13, 2022
This misdeclaration resulted in wrongful availment of ineligible duty exemption benefits by Oppo India, amounting to Rs 2,981 crore.
Fri, Jul 01, 2022
During the month, revenues from import of goods was 55% higher and the revenues from domestic transaction (including import of services) are 56% higher than the revenues from these sources during the same month last year.
Tue, Jun 28, 2022
Modifying its earlier order, the finance ministry has permitted state-owned NBFCs to issue 'Letter of Comfort (LOC)' to banks for fund tie-up for infra projects.
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