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FinMin sets up panel to reduce tax litigations

Last Updated: Thursday, July 17, 2014, 18:40

With Rs 4 lakh crore locked up in litigations, the Finance Ministry today set up a committee consisting of officials from Central Board of Direct Taxes to suggest ways to reduce mounting disputes at various tax appellate forums.

FinMin shortlists B Sriram, V G Kannan for MD posts of SBI

Last Updated: Sunday, June 08, 2014, 12:48

The Finance Ministry has shortlisted two senior officials of State Bank of India (SBI) for the post of managing directors of the country's largest bank.

Chidambaram to have 'final' meeting with FinMin secretaries today

Last Updated: Monday, April 28, 2014, 09:08

In what could be his last before the formation of the new government next month, Finance Minister P Chidambaram will on Monday meet all the five secretaries in his ministry to clear the backlog of files.

FinMin clears SPV proposal for electronic clusters

Last Updated: Sunday, December 22, 2013, 11:25

In July 2012, the Cabinet had approved the proposal to offer financial support for the development of EMCs.

FinMin expects $25 bn inflows via swap windows by Nov-end

Last Updated: Tuesday, November 12, 2013, 14:57

"Till November 30, our (FCNR-B) window is open. We might even touch USD 25 billion," Economic Affairs Secretary Arvind Mayaram told reporters here on Tuesday.

FinMin seeks DoT's view on attracting top global telecom firms

Last Updated: Friday, September 27, 2013, 21:48

After allowing 100 percent FDI in the telecom sector, the government is making efforts to attract global giants such as China Telecom to help revive investment flows, sources said.

FinMin to review performance of major govt schemes in July

Last Updated: Tuesday, June 25, 2013, 16:32

Finance Ministry will next month review financial and operational performance of about major 70 schemes, like mid-day meal, bank recapitalisation and rural employment guarantee scheme, and has sought expenditure details from the concerned ministries and departments.

FinMin verifying outward remittances made in 2011-12 fiscal

Last Updated: Friday, June 14, 2013, 19:35

For 2011-12, there were 7,56,741 foreign remittances made from India with money worth Rs 3,56,461 crore going out of India, he added.

Examining 2-3 models by PlanCom, Finmin on PPP model: Coal Min

Last Updated: Tuesday, May 28, 2013, 20:44

The panel is required to devise a PPP policy framework in order to increase production of coal.

FinMin to soon notify 30% investment cap for LIC: Takru

Last Updated: Sunday, May 26, 2013, 14:20

Justifying the decision to treble LIC's investment limit, Takru said the Corporation was sitting on trillions of rupees which have to be invested.

FinMin forms panel to rationalise FII, FDI definition

Last Updated: Tuesday, April 02, 2013, 23:23

"In accordance with the budget announcement, a committee is hereby constituted, to examine and work out the details of the application of the principle followed internationally for defining FDI and FII," the Ministry said on Tuesday.

FinMin meets PSU officials, discusses surplus fund utilisation

Last Updated: Wednesday, January 16, 2013, 21:53

Economic Affairs Secretary Arvind Mayaram met top officials of bluechip PSUs and discussed possible ways to efficiently utilise their surplus cash that would boost investments and spur economic growth, sources said.