Sunday, Mar 26, 2023
×
Outlook.com
×

Finance Ministry

Government Amends Anti-Money Laundering Rules, Brings 'Politically Exposed Persons' Under PMLA

Also, financial institutions or reporting agencies will be required to collect information about the financial transactions of non-profit organisations or NGOs under the provisions of the Prevention of Money Laundering Act...

10 March 2023

Finance Ministry Meets Private Sector Bankers; Reviews Progress Of Various Financial Inclusion Schemes

Finance Ministry Meets Private Sector Bankers; Reviews Progress Of Various Financial Inclusion Schemes

Last week, Joshi met heads of public sector banks and urged them to achieve targets under various schemes for current financial year

24 January 2023

Finance Ministry Deliberates Steps Taken To Deal With Cyber Security Issues

Finance Ministry Deliberates Steps Taken To Deal With Cyber Security Issues

The symposium titled Financial Services Cyber Security (FINSCY) was organised by the Department of Financial Services (DFS) and Secretary Vivek Joshi inaugurated it, an official statement said

18 January 2023

Finance Ministry

Finance Ministry Holds Webinar On Financial Services For Better Implementation Of Various Budget Proposals

Besides ministers and secretaries of central government ministries, stakeholders from the financial sector like regulators, market participants and industry representatives would attend these webinars

08 March 2023

Finance Ministry

Finance Ministry Ask Banks To Increase Credit Penetration In 112 Aspirational Districts

The review meeting was also attended by senior officials of NITI Aayog, Panchayati Raj, and the Department of Financial Services (DFS) in the Union Ministry of Finance

20 January 2023

Finance Ministry Seeks Expenditure Proposals For Final Supplementary Demands For Grants

Finance Ministry Seeks Expenditure Proposals For Final Supplementary Demands For Grants

The final batch of Supplementary Demands for Grants for 2022-23 is proposed to be placed before Parliament in the ensuing session, the ministry said in an office memorandum

18 January 2023

Nirmala Sitharaman at pre-budget 2023 consultation

Finance Ministry Contemplating Sops For Middle Class In Budget 2023-24

The government has not raised income tax exemption limit from Rs 2.5 lakh which was fixed in 2014 by the then Finance Minister Arun Jaitley in his first Budget

26 January 2023

Advertisement

CBI Books Ex-Finance Secretary Arvind Mayaram For 'Corruption' In Supply Of Currency Notes' Security Thread

CBI Books Ex-Finance Secretary Arvind Mayaram For 'Corruption' In Supply Of Currency Notes' Security Thread

The CBI, in its FIR, alleged that Mayaram, the UK-based company De La Rue International Ltd and unidentified officials of the finance ministry and RBI hatched a criminal conspiracy to extend undue favour to the firm

12 January 2023

Advertisement
12 January 2023
India To Take Up Development Issues Facing Global South At G-20 Meetings: Nirmala Sitharaman

India To Take Up Development Issues Facing Global South At G-20 Meetings: Nirmala Sitharaman

India has taken over the presidency of the G-20, which is a grouping of 20 developing and developed nations, for the current year from December 1, 2022


11 January 2023
Finance Minister Nirmala Sitharaman, UK Chancellor Of Exchequer Discuss Bilateral Issues, G-20

Finance Minister Nirmala Sitharaman, UK Chancellor Of Exchequer Discuss Bilateral Issues, G-20

The two leaders also discussed issues relating to the G-20, of which India has assumed the Presidency for the current year


04 January 2023
Government Retains 7.1% Interest Rate On GPF For Q4

Government Retains 7.1% Interest Rate On GPF For Q4

In the previous quarter ended December 31, the GPF interest was similar at 7.1 per cent


01 January 2023
GST Revenues Grow 15% To Rs 1.49 Lakh Crore In December

GST Revenues Grow 15% To Rs 1.49 Lakh Crore In December

The revenues for the month of December 2022 are 15 per cent higher than the GST revenues in the same month last year


30 December 2022
Core Sector Output Rises 5.4% In November

Core Sector Output Rises 5.4% In November

The growth rate of eight infrastructure sectors -- coal, crude oil, natural gas, refinery products, fertilisers, steel, cement and electricity -- stood at 8...


Advertisement

27 December 2022
Government Tweaks GST Rules For Claiming Input Tax Credit

Government Tweaks GST Rules For Claiming Input Tax Credit

The taxpayers, however, can reclaim the ITC later following the deposit of taxes by the supplier


27 December 2022
Total Government Debt Rises To Rs 147 Lakh Crore In Q2: Finance Ministry Report

Total Government Debt Rises To Rs 147 Lakh Crore In Q2: Finance Ministry Report

In percentage terms, it reflects a quarter-on-quarter increase of 1 per cent in second quarter of 2022-23


21 December 2022
Government Committed To Strong Macroeconomic Fundamentals: Finance Ministry Report

Government Committed To Strong Macroeconomic Fundamentals: Finance Ministry Report

The budget 2022-23 was presented against the backdrop of recovery from the unprecedented Covid-19 crisis and clues of global uncertainties on account of the...


13 December 2022
GST Council To Decide On Decriminalisation Of GST Offences, Setting Up Appellate Tribunals

GST Council To Decide On Decriminalisation Of GST Offences, Setting Up Appellate Tribunals

The Group of Ministers (GoM) set up by the Council to decide on GST rates on online gaming, casinos and horse racing had completed its deliberations last month


12 December 2022
Net Direct Tax Collection Grows 24% To Rs 8.77 Lakh Crore; Nears 62% Of Budget Estimates

Net Direct Tax Collection Grows 24% To Rs 8.77 Lakh Crore; Nears 62% Of Budget Estimates

This represents 61.79 per cent of the full-year Budget Estimates (BE) of direct tax collection for 2022-23 (April-March)


09 December 2022
Private Sector Needs To Scale Up Investment: Chief Economic Advisor

Private Sector Needs To Scale Up Investment: Chief Economic Advisor

The combined investment by Centre, states and public sector enterprises has gone up 3.5 times over the last 10 years from Rs 6.8 lakh crore to Rs 21.2 lakh...


Advertisement

28 November 2022
Second Quarter GDP Seen Growing At 5.8%: SBI Research

Second Quarter GDP Seen Growing At 5.8%: SBI Research

SBI Research headed by Soumya Kanti Ghosh said corporate results, operating profit of companies, excluding banking and financial sector, degrew by 14 per cent...


25 November 2022
India Capable Of Generating 9% Growth: Sanyal

India Capable Of Generating 9% Growth: Sanyal

India is following an "investment and export-driven growth model" and against the backdrop of  "turbulent" global times, the RBI and the government have...


24 November 2022
Indian Economy To Grow At 'Moderately Brisk Rate', Inflation To Ease: Finance Ministry

Indian Economy To Grow At 'Moderately Brisk Rate', Inflation To Ease: Finance Ministry

India's wholesale and retail price inflation fell in October after remaining high for most part of the year mainly due to supply chain disruptions following...


26 October 2022
Finance Ministry Extends ITR Filing Deadline For Companies Till November 7

Finance Ministry Extends ITR Filing Deadline For Companies Till November 7

The Central Board of Direct Taxes (CBDT), the apex decision-making body in matters of income and corporate tax, in a notification said since it had last month...


26 October 2022
Govt Urges Lic To Tweak Product Strategy For Better Investor Return

Govt Urges Lic To Tweak Product Strategy For Better Investor Return

Foreign brokerages, however, remain bullish on LIC setting a higher target price over the next year as they feel that the insurer has good medium-term market...


21 September 2022
ADB Cuts India's Economic Growth Forecast To 7% On High Inflation, Monetary Tightening

ADB Cuts India's Economic Growth Forecast To 7% On High Inflation, Monetary Tightening

India's economy grew 13.5 per cent year-on-year in the first quarter of 2022-23, reflecting strong growth in services, ADB said in a supplement to its flagship...


Advertisement
Advertisement
Advertisement
Advertisement
Advertisement
Advertisement