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Finance Ministry

Made clear demand to Finance Ministry that unutilised defence budget is not sent back: Nirmala Sitharaman

She was addressing a gathering after releasing reports on indigenous research and development and cyber security, prepared by think tank Vivekananda International Foundation (VIF) here.

Apr 12, 2019, 23:14 PM IST

FinMin seeks EC nod for announcing govt's borrowing calendar for Apr-Sept FY'20

The government in the Budget had proposed to borrow a gross amount of Rs 7.10 lakh crore from the market during 2019-20, higher than Rs 5.71 lakh crore in the current fiscal.

Mar 27, 2019, 11:35 AM IST

Budget 2019: Piyush Goyal arrives at Finance Ministry

Piyush Goyal has arrived at Finance Ministry. He will present interim Budget 2019-20 in the Parliament today. Watch this video to know more.

Feb 01, 2019, 09:38 AM IST

Morning Breaking: Piyush Goyal gets temporary charge of finance ministry

Piyush Goyal was appointed interim finance minister a week ahead of the February 1 interim budget presentation, with Arun Jaitley undergoing surgery in the US.

Jan 24, 2019, 08:06 AM IST

Arun Jaitley unwell, Piyush Goyal gets temporary charge of Finance Ministry ahead of interim budget

Arun Jaitley will be designated as Minister without portfolio during the period of his indisposition.

Jan 23, 2019, 21:28 PM IST

Income tax exemption limit may be raised to Rs 5 lakh; know all about the current tax slabs

Amid reports that the govt may double income tax exemption limit, here's all you need to know about the current tax slabs.

Jan 21, 2019, 22:20 PM IST

Finance Ministry wants PSU banks to bring down govt equity to 52%

Dilution of government stake will help banks to meet 25 per cent public float norms of market regulator Sebi. Some of the public sector banks have government's holding beyond 75 per cent.

Jan 14, 2019, 16:21 PM IST

Direct tax mop up rises 14.1% to Rs 8.74 lakh cr in Apr-Dec 2018

As much as Rs 3.64 lakh crore has been collected as advance tax, which is 14.5 percent higher than the advance tax collections during the same period last year.

Jan 08, 2019, 14:41 PM IST

FinMin allows businesses to claim GST input credit benefit for FY'18 till March 2019

The deadline for claiming input tax credit (ITC) ended on October 25, 2018.

Jan 03, 2019, 16:16 PM IST

Govt mulls additional Rs 30,000 crore capital infusion in PSU banks

Due to subdued market conditions, banks have been unable to raise enough funds from the markets so far.

Dec 13, 2018, 17:42 PM IST

Finance Ministry says RBI's assessment of economy in line with govt's reading

The government, he said, welcomes the assessment made by the MPC.

Dec 06, 2018, 12:58 PM IST

Centre rejects demand for higher military service pay for 1 lakh personnel; Army to seek review

The Army is reportedly upset with the decision taken by the Finance Ministry and will seek its review.

Dec 04, 2018, 16:19 PM IST

GST refunds worth Rs 91,149 crores settled, Rs 6,053 crore being processed

In case of IGST refunds, about 95 percent of the total claims have been disposed.

Dec 04, 2018, 10:44 AM IST

Expenditure Secretary AN Jha named new Finance Secretary

Fifty-nine-year-old AN Jha is a 1982-batch IAS officer of Manipur Tripura cadre.

Dec 03, 2018, 22:10 PM IST

FinMin eyes Rs 8,000 cr through CPSE ETF, issue likely by November-end

This would be the fourth tranche of the CPSE ETF, which comprises shares of 10 bluechip companies. In the earlier three tranches of the ETF, the government had raised Rs 11,500 crore.

Nov 05, 2018, 14:29 PM IST

IMF says monitoring situation in India; bats for RBI's independence

There were reports of mounting tension between the Ministry of Finance and the Reserve Bank of India.

Nov 02, 2018, 09:18 AM IST

FinMin banking on CPSE acquisitions, buybacks to meet FY19 disinvestment target

The Finance Ministry is banking on merger and acquisitions among CPSEs and share buybacks by state-run companies to meet the Rs 80,000-crore disinvestment target for the current fiscal.

Oct 19, 2018, 13:19 PM IST

Disagree with reasoning that sexuality is part of free speech, says Arun Jaitley on Section 377 verdict

Finance Minister Arun Jaitley on Saturday said he did not agree with the portion of the historic Supreme Court judgment decriminalising consensual gay sex.

Oct 06, 2018, 16:36 PM IST

Import duty on 19 products hiked: Check out list of products that will become costlier

The enhanced duty rates which will make these imported goods expensive.

Sep 27, 2018, 12:01 PM IST

ACs, refrigerators and washing machines to get dearer as Centre hikes import duty

The Centre's order will be effective from midnight of September 26-27.

Sep 26, 2018, 20:12 PM IST