Finance Ministry

Under Opposition attack, Centre lists out steps to check decline in Rupee, boost economy

Under Opposition attack, Centre lists out steps to check decline in Rupee, boost economy

PM Modi today chaired a meeting to review declining Rupee and the state of economy.

Sep 14, 2018, 22:35 PM IST
Arun Jaitley denies meeting Vijay Mallya since 2014, says industrialist 'misused' privilege of being Rajya Sabha MP

Arun Jaitley denies meeting Vijay Mallya since 2014, says industrialist 'misused' privilege of being Rajya Sabha MP

Vijay Mallya had claimed that he met FM Jaitley before leaving India in 2014.

Sep 12, 2018, 19:36 PM IST
Banks shut for six days? Finance Ministry clears the air

Banks shut for six days? Finance Ministry clears the air

Rumours have been doing the rounds on social media that banks across the country would remain closed for business in the first week of September.

Aug 31, 2018, 16:20 PM IST
Months after kidney transplant, Arun Jaitley to take charge of Finance Ministry

Months after kidney transplant, Arun Jaitley to take charge of Finance Ministry

The 65-year-old BJP leader had undergone a renal transplant in May this year.

Aug 16, 2018, 07:12 AM IST
Finance ministry to re-balance CPSE ETF, may include new PSUs

Finance ministry to re-balance CPSE ETF, may include new PSUs

The CPSE ETF comprises 10 state-owned bluechips and shares in these companies can be sold only till the government stake in them reaches 55 percent.

Jul 31, 2018, 16:42 PM IST
GST slashed: Sanitary pads, footwear, small TVs among 100 items impacted

GST slashed: Sanitary pads, footwear, small TVs among 100 items impacted

The decision was taken during a meeting of the GST Council, which decided to reduce tax rates on an array of daily use appliances and products. 

Jul 21, 2018, 20:05 PM IST
Finance Ministry likely to infuse about Rs 10K crore soon in PSU banks

Finance Ministry likely to infuse about Rs 10K crore soon in PSU banks

Some of these banks have come under pressure because of interest payment to their bond holders of Additional Tier 1 (AT-1) bonds.

Jul 17, 2018, 17:35 PM IST
Proposal to increase mandatory cover limit under EPFO sent to Finance Ministry

Proposal to increase mandatory cover limit under EPFO sent to Finance Ministry

The proposal calls to increase the mandatory wage limit to Rs 21,000 from Rs 15,000.

Jul 17, 2018, 17:25 PM IST
Finance minister Piyush Goel assures Swiss bank details by next year

Finance minister Piyush Goel assures Swiss bank details by next year

"We will have all information. If someone is found guilty, the government will take strong action against them."

Jun 29, 2018, 15:34 PM IST
GST formalising economy, widening tax base: Finance Ministry

GST formalising economy, widening tax base: Finance Ministry

The Goods and Services Tax was introduced from July 1, 2017, to subsume plethora of indirect taxes like excise and sales tax.

Jun 19, 2018, 00:45 AM IST
Piyush Goyal given additional charge of Finance Ministry, Rajyavardhan Singh Rathore is new I&B Minister

Piyush Goyal given additional charge of Finance Ministry, Rajyavardhan Singh Rathore is new I&B Minister

Arun Jaitley underwent a successful kidney transplant at AIIMS on Monday.

May 14, 2018, 21:22 PM IST
Rahul Gandhi mocks PM Narendra Modi for 'mass-bunk' at Finance Ministry

Rahul Gandhi mocks PM Narendra Modi for 'mass-bunk' at Finance Ministry

Both the Finance Minister and the Finance Secretary are out of action for one reason or another.

May 08, 2018, 13:44 PM IST
Finmin may write to Sebi for relaxing minimum public float norms for PSUs

Finmin may write to Sebi for relaxing minimum public float norms for PSUs

There are over a dozen public sector units (PSUs), including those up for strategic sale, which are yet to meet the minimum public holding norm -- the deadline for which ends in August.

Apr 09, 2018, 15:29 PM IST
Petrol, diesel should be under GST ambit, ball in Finance Ministry court: Dharmendra Pradhan

Petrol, diesel should be under GST ambit, ball in Finance Ministry court: Dharmendra Pradhan

Minister of Petroleum and Natural Gas Dharmendra Pradhan on Thursday reiterated that his ministry wants petrol and diesel to be brought under the domain of Goods and Services Tax (GST). Speaking to Zee media about petrol price reaching 4-year high and diesel touching all-time high, Pradhan blamed the increase in crude oil price.

Apr 05, 2018, 18:02 PM IST
Finance Ministry asks RBI to help ease industry troubles post-LoU ban

Finance Ministry asks RBI to help ease industry troubles post-LoU ban

FinMin has asked RBI to look into the problems being faced by industry and banks by the abrupt ban on LoUs.

Mar 29, 2018, 21:01 PM IST
7th Pay Commission: Here's what you can actually expect from April 2018

7th Pay Commission: Here's what you can actually expect from April 2018

The Modi government is planning to raise the minimum pay from Rs 18,000 to Rs 21,000 from April this year for their employees.

Mar 18, 2018, 22:12 PM IST
Massive 84% of initial GST returns filed for July-Dec don't match with final returns

Massive 84% of initial GST returns filed for July-Dec don't match with final returns

The revenue department has analysed the GST returns data filed by over 51.96 lakh businesses during July-December, 2017.

Mar 18, 2018, 19:51 PM IST
PNB fraud: RBI initiates audit of PSBs with focus on trade finance, LoUs

PNB fraud: RBI initiates audit of PSBs with focus on trade finance, LoUs

Most of the big banking frauds which were unearthed in the recent past, including the one perpetuated by diamantaire Nirav Modi and his associates, pertain to trade finance.

Mar 11, 2018, 18:06 PM IST
Properties linked to terrorist Hafiz Saeed's JuD, charity seized in PoK, Pakistan's Punjab

Properties linked to terrorist Hafiz Saeed's JuD, charity seized in PoK, Pakistan's Punjab

Action against Hafiz Saeed's JuD, FIF was taken at the behest of Pakistan's Finance Ministry.

Mar 09, 2018, 22:44 PM IST
Finance Ministry directs banks to collect passport details of big borrowers in 45 days

Finance Ministry directs banks to collect passport details of big borrowers in 45 days

In case the borrower does not have a passport, the bank should obtain a certificate in the form of declaration that the person does not have the passport, sources said quoting the Finance Ministry's advisory to banks.

Mar 07, 2018, 06:52 AM IST

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