Tag: Finance Ministry
17 Results
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Lack of quota increase from International Monetary Fund disappointing: Nirmala Sitharaman
The quotas are distributed according to a four pronged formula that considers a member country’s GDP, its economic openness, its “economic variability” and international reserves.
October 20, 2019 -
BSNL to issue salaries before Diwali after employees threaten to hold hunger strike
Purwar said that the department was likely to pay the salaries to its 1.76 lakh employees from its own resources and accruals.
October 15, 2019 -
Not just Kashmir and Assam, govt wants to inflict pain countrywide: Sitaram Yechury
Reacting to news reports on failure of government schemes leaving discoms in the red, Yechury charged that government's policies have burdened the poor.
October 11, 2019 -
Nirmala Sitharaman to inaugurate national tax e-assessment centre on Monday
There will be no physical interface between the taxpayers and the tax officers, the Finance Ministry announced on Sunday.
October 6, 2019 -
15 more top tax officials made to retire by Centre over corruption, takes total to 27
The action comes a week after 12 senior income tax officers, including one of the ranks of the joint commissioner, were dismissed from service.
June 18, 2019 -
Sebi wants 10% mandatory deposit before appeals at SAT against its orders
The regulator is of the view that many a times provision to file an appeal before the Securities Appellate Tribunal (SAT) is used as a device to delay the execution of the Sebi order.
June 2, 2019 -
Nirmala Sitharaman gets Finance Ministry, Rajnath Defence
Nirmala Sitharaman is a post-graduate in Economics will be an advantage in handling the ministry effectively.
May 31, 2019 -
Sensex ends 249 pts higher led by banking stocks
The BSE Sensex ended 248.57 points or 0.63 per cent higher to 39,683.29 after touching an intra-day high of 39,821.94 and a low of 39,353.16. The Nifty advanced by 80.65 or 0.68 per cent to 11,924.75.
May 27, 2019 -
RBI may toughen NBFCs’ access to public deposits
Even the Employees Provident Fund Organisation (EPFO), sources said, could pull back from NBFC investments to avoid default risks.
May 22, 2019 -
Gloom in the numbers
At another level, puncturing a hole in the government’s claims of having added 10.6 million new taxpayers in the financial year 2016-17, some 25 per cent more than the previous year, the income-tax department now talks of the surge in “stop filers”, people earlier paying income tax but not doing so now.
May 13, 2019 -
New government to take up BSNL, MTNL revival plans: Sources
According to the source, it means that there is no immediate move, in the next few months till a new govenrment settles down, to revive both central public sector enterprises (CPSEs). Last month, the DoT had floated a draft cabinet note for consultation among ministries on the revival of BSNL and MTNL.
May 7, 2019 -
Arun Jaitley resumes charge as Union Finance Minister
On Friday, Jaitley attended the Cabinet Committee on Security meeting called by PM Modi to discuss the Pulwama terror attack, before heading to North Block to take charge of his ministry
February 15, 2019 -
Finance Ministry spent Rs 1,157 crore extra in 2017-18 without obtaining prior approval: CAG
Excess expenditure aggregating Rs 1,156.80 crore was incurred during 2017-18 without obtaining prior approval of Parliament, the CAG report “Financial Audit” of the Accounts of the Union Government said.
February 12, 2019 -
Finance Ministry violated own instructions on secret service expenditure: CAG report
The report of the Comptroller and Auditor General for 2017-18 said the Finance Ministry had stated earlier that any re-appropriation of funds should be done only with the prior approval of CAG.
February 12, 2019 -
Arun Jaitley returns from US after treatment: ‘Delighted to be back home’
Arun Jaitley had left for the US in mid-January. In his absence the charge of the ministry was given to Piyush Goyal for presentation of Union Budget 2019
February 9, 2019 -
Budget is unquestionably pro-growth, pro-farmer, pro-poor: Arun Jaitley
Union Minister Arun Jaitley, who is in the United States for treatment of a medical complication, praised the Interim Budget 2019 and Finance Minister Piyush Goyal in a series of tweets.
February 1, 2019 -
Piyush Goyal gets additional charge of Finance Ministry as Arun Jaitley advised rest by doctors
Days before 2019-20 Budget is to be presented, Piyush Goyal given temporary charge of Finance and Corporate Affairs portfolios until Arun Jaitley resumes his duties; this is the second time he has been given the charge after May 2018
January 23, 2019