हिंदी में पढ़ें
Banking & Financial Services
Income Tax Calculator
Personal Loan Calculator
Car Loan Calculator
Home Loan Calculator
Ministry of Finance News
Ministry of Finance
Budget 2019 may bring a reason for big cheer to farmers: What Modi-Jaitley may announce - 'Universal Income Scheme'
Mon, Jan 21, 2019
Finance minister Arun Jaitley may come out with a surprise move with the announcement of the universal income scheme in the interim budget, which may cost the exchequer as much as Rs 3.1 lakh crore annually.
Budget 2019 expectations: MSMEs want 30 per cent investment allowance from Modi government - Will they get?
Tue, Jan 08, 2019
Rajeev Chawla, Chairman, IamSMEofIndia — a platform that fights for the cause of the MSMEs in India — told Zee Business online, "The Indian government is giving Income Tax exemption up to 30 percent to those firms which have an annual turnover of Rs 25-crore or above.
GST evasion of Rs 12,766 cr detected in April-November
Wed, Dec 19, 2018
A total of 3,196 cases of Goods and Services Tax (GST) evasion amounting to Rs 12,766 crore have come to light in the first eight months of the current financial year, the Ministry of Finance said on Tuesday.
Alert! Banks will remain closed for six days in September? Here's the truth
Sat, Sep 01, 2018
Banks alert: Don't fall to social media rumours claiming that banks will remain closed for the first six days of this month starting today
Black Money: 2.25 lakh companies to be struck-off by FY19, all details here
Sat, Jun 09, 2018
As many as 3,09,619 directors were also disqualified u/s.164(2)(a) read with Section 167(1) of the Companies Act, 2013 for non-filing of Financial Statements or Annual Returns for a continuous period of immediately preceding 3 financial years (2013-14, 2014-15 & 2015-16).
No change in GST law relating to farmers, says FinMin
Mon, May 28, 2018
As per the ministry, support services to agriculture, forestry, fishing or animal husbandry are exempt from GST.
FinMin mulling innovative ways to deal with banks' NPA provision
Sun, May 13, 2018
With the help of this instrument, the operating profit of bank is saved from erosion and the lender would be able to focus on lending activities as being in financially good shape. Under this scheme, the bank concerned will get PSC to the extent of its provision against the bad loans and conserve its capital, sources said, adding that this capital can then be used for expanding core business of lending
Good news! Income Tax offices, Aayakar Seva Kendras to stay open on weekend; here’s how you can file ITR
Wed, Mar 28, 2018
Income tax returns (ITR) filing must always be taken as one of the biggest duties of the citizen, and that it should be followed consistently every year. To ensure last-minute taxpayers are not inconvenienced, I-T dept is working through the weekend.
First sale of electoral bonds via SBI to begin from March 1
Thu, Feb 22, 2018
Finance Minister Arun Jaitley during his Budget speech in February 2017, announced the introduction of the bonds
GST relief for circus, dance and theatrical performances
Wed, Feb 07, 2018
These services earlier attracted GST @ 28%. Requests were received from several quarters that amusement parks promote social wellness and beget fun and learning for children and their families in a real active entertainment and therefore, the rate may be reduced to 18%.
Indian gold demand wanes as jewellers expect import tax cut in budget
Tue, Jan 30, 2018
Gold prices in India, the world`s second-biggest user of the precious metal, were at discounts as jewellers were postponing purchases on the expectation that the government will announce an import tax cut in its annual budget on Thursday.
GST revenue collections rise to Rs 86,700 crore in December; one crore taxpayers registered
Thu, Jan 25, 2018
The Ministry tweeted out that the total revenue collections under GST for the month of December 2017 amounted to Rs 86,703 crore, till 24th January, 2018.
Bitcoin not a legal tender in India, says Finance Minister Arun Jaitley
Tue, Jan 02, 2018
The Finance Minister of India has openly refuted the acceptance of Bitcoin as legal tender in India.
Did RBI consciously stop printing Rs 2000 currency notes?
Thu, Dec 21, 2017
If we look the RBI' annual report data closely, it indicates that the central bank printed heavily Rs 500 denominations but slowed down on Rs 2,000 denominations.
After FinMin, I-T dept, SEBI too tightens noose around Bitcoin
Mon, Dec 18, 2017
The SEBI may come down heavily on illicit 'initial coin offers' seeking public investments with promise of high returns from Bitcoins in the absence of any regulatory regime.
Aadhaar made mandatory for AMC clients from January 2018
Wed, Dec 13, 2017
The submission of Aadhaar details are required only for non-demat transactions on the BSE StAR MF Platform.
Direct tax collections grow over 14% till November to nearly Rs 5 lakh crore
Sat, Dec 09, 2017
Tax collections from the start of the financial year to November 2017 have escalated as against the year ago period.
Govt names Shaktikanta Das as India's G20 Sherpa
Mon, Nov 27, 2017
"Former DEA secretary Shaktikanta Das @DasShaktikanta appointed India's G20 Sherpa till December 31, 2018, for the Development Track of the G20," the Ministry of Finance said in a series of tweets.
GST collections dip in October to Rs 83,346 cr; 95.9 lakh taxpayers registered
Mon, Nov 27, 2017
The Finance Ministry said that the states' revenues have been fully protected taking base year revenue as 2015-16, providing a projected revenue growth rate of 14%.
Exclusive: India seeks hefty dividends from state firms as its revenues falter
Mon, Nov 13, 2017
The demand has been made following a finance ministry assessment on Oct. 25 of the financial health of 14 state companies, including top miner NMDC Ltd and trading firm MMTC Ltd, according to a government document reviewed by Reuters.