Tue, Aug 22, 2023
In its Monthly Economic Review for July, the ministry said going forward, while domestic consumption and investment demand are expected to continue driving growth, enhanced provision for capital expenditure by the government in the current fiscal is now leading to crowding in of private investment.
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Fri, Mar 24, 2023
Several states like Rajasthan, Chhattisgarh, Jharkhand, Punjab, and Himachal Pradesh have already rolled out the Old Pension Scheme and discontinued the National Pension System (NPS).
Tue, Mar 21, 2023
Adhir Ranjan Chowdhury also urges the Centre to empower all local and sub post offices to help people get their PAN card linked with their Aadhaar card free of cost
Mon, Oct 25, 2021
The Finance Minister has asked Ministry of Civil Aviation to ensure that more projects are grounded and capex spending in FY23 is substantially higher than the present estimated target.
Sun, Oct 17, 2021
A special purpose vehicle (SPV) in the form of a company would be set up to hold these assets which would be monetised to fetch value to the exchequer, Department of Investment and Public Asset Management (DIPAM) Secretary Tuhin Kanta Pandey said
Sat, Oct 09, 2021
In a major haul of cash, the Income Tax Department has detected unaccounted income of Rs 550 crore and seized over Rs 142 crore cash after its raids on the Hyderabad-based pharma major Hetero pharmaceutical.
Thu, Oct 07, 2021
The Ministry of Finance has released an amount of Rs 40,000 crore to states and UTs with legislature under the back-to-back loan facility to meet the shortfall in GST Compensation.
Mon, Oct 04, 2021
The Ministry of Finance has said that presently nine National Savings Schemes are in operation.
Fri, Oct 01, 2021
Finance Ministry and Ministry of Corporate Affairs (MCA) have raised concern on higher shareholding for single entity to 100 percent. A source close to development told Zee Business that “Sebi is ready to cut down the shareholding proposal from 100 percent to 51 percent to a single entity”.
The Ministry of Finance has recommended that clerical recruitments for the 12 PSBs and vacancies advertised henceforth, both Prelim and Main exams, will be conducted in the 13 regional languages along with English and Hindi.
Tue, Sep 28, 2021
A delegation of JCCI met Choudhary here and submitted a memorandum, which, among other things, demanded setting up of new public sector undertakings by the government to generate employment and give fillip to the economy of the Union territory
Fri, Sep 17, 2021
On the corporate bond market, he said a lot has been done over the years and a lot needs to be done.
Mon, Sep 13, 2021
Elaborating on the government's strategy for handling the pandemic, the minister said that on one hand the focus is on ramping up vaccination as that was the biggest protection against the pandemic while on the other hand the government is working on ramping up health infrastructure, including in the tier 2 and tier 3 cities, by supporting the private sector
Fri, Sep 10, 2021
An Account Aggregator (AA) is a type of RBI regulated entity (with an NBFC-AA license) that helps an individual securely and digitally access and share information from one financial institution they have an account with to any other regulated financial institution in the AA network.
Thu, Sep 09, 2021
Equity schemes saw net inflow of Rs 10,083 crore in May, Rs 3,437 crore in April and Rs 9,115 crore in March. Prior to this, equity schemes had consistently witnessed outflows for eight months from July 2020 to February 2021
The grants are being released as per the recommendations of the Fifteenth Finance Commission in monthly instalments to meet the gap in Revenue Accounts of the States post devolution.
Tue, Aug 31, 2021
The Finance Ministry on Tuesday said it has released about Rs 13,386 crore to 25 states for providing grants to rural local bodies (RLBs).
Mon, Aug 30, 2021
The Ministry of Finance has extended the last date to avail the GST amnesty scheme by three months till November 30.
Sun, Aug 22, 2021
Cabinet Committee on Economic Affairs (CCEA) had in July given its in-principle approval for the listing of insurance behemoth Life Insurance Corporation of India (LIC)
Fri, Aug 20, 2021
The Ministry of Finance has notified amendments to the Foreign Exchange Management Rules to increase in limit on foreign direct investment (FDI) in the insurance sector to 74 per cent.
Tue, Aug 10, 2021
Finance Ministry has said that with the receding impact of the second wave of Covid-19 pandemic, signs of economic recovery have been visible since the second half of May.
Wed, Aug 04, 2021
Finance Minister Nirmala Sitharaman informed about the salient features of the Insolvency and Bankruptcy Code (Amendment) Bill, 2021.
Sun, Aug 01, 2021
Above figure includes GST collection received from GSTR-3B returns filed between 1 July 2021 to 31 July 2021 as well as IGST and cess collected from imports for the same period. Central Goods and Services Tax (CGST) stood at Rs 22,197 cr while the Goods and Services Tax (SGST) stood at Rs 28,541 crore, a government release said
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