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, Jun 26, 2022
In the recently concluded performance review of PSBs by the Finance Ministry, sources said, lenders were asked to focus on technology and data analytics to push their lending.
Sat, Jun 25, 2022
As per the Goods and Services Tax (Period of Levy and Collection of Cess) Rules, 2022, notified by the finance ministry, the compensation cess will continue to be levied from July 1, 2022 to March 31, 2026.
Sun, Jun 05, 2022
Since 2016 the Cabinet has given in-principle approval for strategic disinvestment in 35 state-owned companies and/or their units or subsidiaries. Of them, 9 transactions have been completed.
Sun, May 22, 2022
According to an office memorandum of the department of expenditure dated April 28, a revised format has been issued for Public Investment Board (PIB)/Delegated Investment Board (DIB) project proposals.
Mon, May 09, 2022
The government is in talks with SEBI to consider allowing big companies to sell 2.5 per cent stake of their company through public issue, as compared to 5 per cent at present.”
Fri, Apr 15, 2022
The Central Registry of Securities Asset Reconstruction and Security Interest of India (Central Registry) has been incorporated in 2011 as a government company under Section 25 of the Companies Act 1956.
Tue, Apr 12, 2022
Union steel ministry has asked the finance ministry to remove the basic customs duty on ferronickel, a key raw material for stainless steel makers, a senior government official said on Tuesday.
Fri, Apr 08, 2022
The finance ministry on Friday said over 22 percent of the verified returns were processed on the same day, while the overall average processing time was only 26 days for ITR assessments in the last fiscal year.
Mon, Apr 04, 2022
Public sector insurers received COVID-19 related health insurance claims worth Rs 17,537 crore till December 2021 and more than 93 per cent of the cases were settled, Parliament was informed on Monday.
Fri, Apr 01, 2022
The finance ministry has notified new income tax return forms which, among other things, will seek additional information with regard to overseas retirement benefits and interest accrual on provident fund deposits exceeding Rs 2.5 lakh a year.
Thu, Mar 31, 2022
The Union government is looking to raise Rs 8.45 lakh crore through borrowing in the first half of 2022-23 to fund the revenue gap for reviving the economy, the Finance Ministry said on Thursday.
Thu, Mar 24, 2022
The government on Thursday proposed to tighten the norms for taxation of cryptocurrencies by disallowing set off of any losses with gains from other virtual digital assets.
Mon, Mar 14, 2022
India aims to launch its $8 billion listing of state-run Life Insurance Corp (LIC) by mid-April, two government sources said, after delaying what will be the country`s biggest ever IPO from this month due to market volatility.
Tue, Feb 01, 2022
Finance Minister Nirmala Sitharaman today announced a slew of measures for the agriculture sector and the Indian farm communities. Use of Kisan Drones to be promoted for crop assessment. Chemical-free Natural farming to be promoted throughout the country, with focus on farmers' lands in 5-km-wide corridors along the river Ganga in the first stage, the FM further said
Fri, Jan 07, 2022
The government has created a trust fund to increase regional connectivity.
Thu, Dec 30, 2021
According to the rules, a successful bidder awarded a government contract has to deposit a performance security of 5-10 per cent of the value of the contract with the government.
Wed, Dec 01, 2021
Goods and Services Tax (GST) collections jumped to over Rs 1.31 lakh crore in November, the second highest since its implementation in July 2017, in line with the trend in economic recovery, the finance ministry said on Wednesday.
Mon, Nov 22, 2021
The finance ministry has notified uniform 12 per cent GST rate on manmade fibre (MMF), yarn, fabrics and apparel, thereby addressing the inverted tax structure in the MMF textile value chain.
Fri, Oct 01, 2021
Zee Business correspondent Anurag Shah had an exclusive conversation with Bhagwat Karad, excerpts from the interview:-
Wed, Sep 29, 2021
External debt to GDP ratio rose marginally to 21.1 per cent from 20.6 per cent as at end-March 2020.
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