Tag: Finance Ministry
17 Results
-
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 -
Sovereign gold bonds on sale at Rs 3,214: Government
Investors who apply and make payment online for the Sovereign Gold Bond Scheme 2018-19 – Series V will get a discount of Rs 50 per gram.
January 12, 2019 -
Congress running ill-informed campaign, power to intercept already exists in law: Arun Jaitley
Finance Minister Arun Jaitley on Friday accused the Congress party of spreading ill-information regarding the authorisation granted to 10 investigating agencies to intercept and monitor information in any computer source.
December 21, 2018 -
Rahul Gandhi urges RBI Governor to stand up to government pressure
"Stand up to him Mr. Patel. Protect the nation," Rahul added.
November 6, 2018 -
Rupee slumps 27 paise to close at 3-week low of 73.95 against US dollar
Forex traders said increased demand for the US currency from importers and concerns around the rift between the government and the RBI weighed on the local unit.
October 31, 2018 -
Govt confirms ‘extensive consultations’ with RBI amid reports of invoking special powers
Reports earlier in the day said that the government has invoked never-before-used powers under Section 7 of the RBI Act allowing it to issue directions to the central bank governor on matters of public interest.
October 31, 2018 -
GST collection crosses Rs 94,000 cr in September
"The revenue collected in September shows an upward trend as compared to the August collection," the Finance Ministry said.
October 1, 2018 -
Customs duty on 19 items hiked; flying, ACs, refrigerators to cost more
The other items include washing machines, speakers, radial car tyres, jewellery items, kitchen and tableware, certain plastic goods, and suitcases.
September 27, 2018 -
Centre raises interest rate on small savings by up to 0.4 per cent
However, interest on savings deposits has been retained at 4 percent, annually.
September 20, 2018