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Department of Economic Affairs News

03 Mar 2022

Opened two or more PPF accounts? Check merger rules now

Investors won't receive interest in such cases. Department of Economic Affairs has clarified that the authority won’t entertain any proposal related to the merger of PPF accounts.

Revenue collection

26 Jul 2017

Declining telcos revenue may impact govt collections: Manoj Sinha

Revenue collection from telecom services in form of license fee and spectrum usage charges may be adversely impacted in the current fiscal if sales revenue of operators continues to decline, Union minister Manoj Sinha said on Wednesday.

03 Feb 2017

Sanjeev Sanyal appointed Principal Economic Adviser in FinMin

Government on Friday appointed noted economist Sanjeev Sanyal as Principal Economic Adviser in the Ministry of Finance.

Shaktikanta Das

23 Jan 2017

Government extends DEA Secretary Shaktikanta Das' term by 3 months

Das, 59, took over charge as Economic Affairs Secretary in Ministry of Finance on August 29, 2015 with his term coming to an end on March 31, 2017.

17 Oct 2016

Govt reviewing regulatory policies related to gold: Official

Joint Secretary in Department of Economic Affairs Saurabh Garg shared the government's point of view and "mentioned that working group has been formed to review the current regulatory policies related to gold".

Finance Ministry

21 Jan 2016

FinMin to hire legal firms to represent India in arbitrations

The Finance Ministry is considering engaging law firms to represent India in disputes, including arbitrations, under its investment and trade agreements.

Department of Disinvestment

18 Oct 2015

Disinvestment department seeks tax incentives for retail investors

In a bid to broad base retail participation in stock markets the Department of Disinvestment (DoD) has suggested tax incentives for small investors to invest in the equity market.

Finance Ministry

02 Sep 2015

Finance Ministry knocks down PM Modi's idea of Rs 25 currency notes

To overcome usual shortage of coins, Union government should have coins only in denominations of rupees one and five with gradual introduction of coins of rupees ten to ultimately replace notes of this denomination.

Shaktikanta Das

01 Sep 2015

Shaktikanta Das takes charge as Economic Affairs Secretary

Senior IAS officer Shaktikanta Das has taken charge as the Secretary for Department of Economic Affairs in the Finance Ministry.

08 Sep 2014

Govt working on easing fund-raising norms: Official

The government is working on a number of changes to ease fund raising, including relaxation in the depository receipt framework and reforming equity derivatives, currency & commodities segments and liberalising the ECB framework, a senior government official said Monday.

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