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Finance secretary Mayaram defends 4.1% fiscal deficit target

Last Updated: Saturday, July 12, 2014, 17:46

Finance Secretary Arvind Mayaram said that plans announced in this week`s budget to stick to a fiscal deficit target of 4.1 percent of GDP are "very credible", despite criticism from ratings agencies that the number is optimistic.

Economic Survey 2013-14: 'Details course economy needs to undertake'

Last Updated: Wednesday, July 09, 2014, 19:09

Mayaram further said recent years have been challenging for the global economy.

FIPB to take up 31 foreign investment proposals on July 4

Last Updated: Sunday, June 29, 2014, 13:30

Foreign investments are crucial for India which needs about USD 1 trillion by March 2017.

Inflation to moderate further on govt measures: Mayaram

Last Updated: Saturday, June 14, 2014, 14:31

Retail inflation touched a three-month low of 8.28 per cent in May from 8.59 percent in April.

FinMin watchful of CAD, rupee as global markets still volatile

Last Updated: Tuesday, May 27, 2014, 13:10

The Finance Ministry on Tuesday said it has to be watchful of the Current Account Deficit (CAD) as well as the rupee because global markets are still volatile.

Arvind Mayaram appointed new Finance Secretary

Last Updated: Tuesday, April 15, 2014, 13:59

Economic Affairs Secretary Arvind Mayaram has been designated as the new Finance Secretary.

Govts at loggerheads over shifting of Finance Secy

Last Updated: Monday, January 14, 2013, 13:04

A piquant situation has arisen with the Puducherry govt and the Union Home Ministry at loggerheads over shifting of Finance Secretary of the Union Territory.

Rs 5.7 lakh crore direct tax collection target achievable: Gujral

Last Updated: Wednesday, July 11, 2012, 09:10

Finance Secretary R S Gujral has expressed hope that the direct tax collection target of Rs 5.7 lakh crore for the current fiscal will be achieved on the back of good performance from sectors including, cosumer goods,on software, cement and oil companies.

Parliament to take up DTC Bill in monsoon session: Fin Min

Last Updated: Thursday, June 28, 2012, 21:15

The Direct Taxes Code (DTC) Bill, which seeks to overhaul the 50-year-old income tax laws, will be brought in Parliament in the monsoon session, Finance Secretary R S Gujral said on Thursday.

Rs 5.7 lakh cr direct tax collection target achievable: Gujral

Last Updated: Monday, June 11, 2012, 22:28

Finance Secretary R S Gujral Monday expressed hope that the direct tax collection target of Rs 5.7 lakh crore for the current fiscal will be achieved on the back of good performance from sectors including, consumer goods, software, cement and oil companies.

Rs 5.7 lakh cr direct tax collection target achievable: Gujral

Last Updated: Monday, June 11, 2012, 22:28

Finance Secretary R S Gujral Monday expressed hope that the direct tax collection target of Rs 5.7 lakh crore for the current fiscal will be achieved on the back of good performance from sectors including, consumer goods, software, cement and oil companies.

Centre can't compensate states for CST till GST rollout: FinMin

Last Updated: Tuesday, March 20, 2012, 18:43

Amidst repeated complaints of inadequate compensation for revenue loss due to lower CST rate, the Union Finance Ministry Tuesday said it cannot compensate them "endlessly for as many years as GST does not come".