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.
Wed, Jun 08, 2016
The Empowered Committee of Secretaries led by Cabinet Secretary PK Sinha will meet on June 11 to make the final changes to the 7th Pay Commission's recommendations.
Tue, Jun 07, 2016
DIPP secretary headed panel had favoured waiving the mandatory local sourcing requirement for the US-based firm.
Sat, Jun 04, 2016
Hurdles continue to plague Apple's strategy for India, even Cook’s visit to India has done very little to help the company.
The new increased pay scale is expected to be implemented as soon as next month
Wed, Jun 01, 2016
The Government is likely to give up to 8-12% of the total new vehicle cost as financial incentives.
Tue, May 31, 2016
The implementation of the 7th Pay Commission will boost the pay of lacks of government employees who have been kept waiting.
Mon, May 30, 2016
Indonesia is very keen to procure the non-basmati rice from India because that is what they do consume and prices are also competitive.
Sitharaman said lots of inputs from startups have been received and "recommendations have gone to the Finance Ministry for extending the 3-year tax holiday to 7 years".
Tue, May 17, 2016
Finance Ministry took the decision at a review meeting of gold-related schemes held on May 13 under the chairmanship of Economic Affairs Secretary Shaktikanta Das.
Tue, May 10, 2016
A Special Investigation Team has been constituted, chaired by former Supreme Court Judge M B Shah.
"The central bank has to be confident of hitting the 5 percent target next year before deciding on easing further," said Rishi Shah, economist at Deloitte.
Mon, May 09, 2016
The steps that will be taken include lowering of corporate tax to 25% for new manufacturing companies, extending tax benefits to housing sector and reducing technical service fees among others.
Fri, May 06, 2016
The Income Tax department has issued 2.10 crore refunds totalling over Rs 1.22 lakh crore in 2015-16, which saw 94 per cent the returns being filed online.
Tue, May 03, 2016
Managing finance and investments has become much more complex today than it ever was. Inflation has made it difficult to fulfil even the basic minimum needs such as buying a flat or children’s education.
Fri, Apr 29, 2016
After the nationwide protest by trade unions against lowering of EPF interest rate, Labour Minister Bandaru Dattatreya on Friday said that Finance Ministry has agreed to give 8.8% interest on Employee Provident Fund (EPF).
The trade unions including Indian National Trade Union Congress (INTUC), All India Trade Union Congress (AITUC), Centre of Indian Trade Unions (CITU) and All India United Trade Union Centre (AIUTUC) will join the protest.
Thu, Apr 28, 2016
National carrier Air India is expected to trim losses by more than half to Rs 2,636 crore in the 2015-16 fiscal as compared to a net loss of Rs 5,859.91 crore in 2014-15, the government said on Thursday.
Wed, Apr 27, 2016
A Finance Ministry source said the decision was based on "pure arithmetic calculation" and is aimed at ensuring sustainability of the EPFO.
Tue, Apr 26, 2016
The government wants to raise 565 billion rupees from the sale of stakes in state-owned enterprises in the 2016/17 financial year.
Trade unions including RSS-backed Bharatiya Mazdoor Sangh (BMS) have lodged their protest against the Finance Ministry's decision of lowering the interest rate approved by the Central Board of Trustees (CBT).
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.