GST Council to discuss AG opinion on compensation: FM
New Delhi: Finance Minister Nirmala Sitharaman on Saturday said the Attorney General’s view on GST compensation was sought after consultation with the states and a meeting of the GST Council would be held More...
FinMin asks states, UTs to ensure safety of bank staff, take stern action against unruly people
New Delhi: The Finance Ministry has requested states and union territories to ensure safety and security of bank officials as well as take stern action against those who indulge in unruly behaviour with the officials. “Amid More...
Govt not considering merger of CBDT, CBIC: Finance Ministry
New Delhi: The government is not considering any proposal to merge the Central Board of Direct Taxes (CBDT) and the Central Board of Indirect Taxes and Customs (CBIC), the Finance Ministry said on Monday. Panel More...
FinMin proposes curbs on foreign investment in pension funds from China
New Delhi: Amidst growing tension between India and China, the finance ministry on Friday proposed putting restrictions on foreign investment in pension funds from any of India’s bordering countries. FM Nirmala More...
Finmin seeks expenditure proposals for first supplementary demands adhering to spending cut
New Delhi: The Finance Ministry has sought expenditure proposals for the first batch of supplementary demand for grants from various ministries while adhering to the spending cut in view of the COVID crisis. FM More...
Supreme Court asks RBI, Finmin to decide on EMI interests during moratorium period
New Delhi: The Supreme Court on Friday asked the officials of the Finance Ministry and the Reserve Bank of India (RBI) to convene a joint meeting within three days to decide whether interest on EMIs during the six More...
Finance Ministry asks Labour Ministry to collect data on job losses due to COVID-19 crisis
New Delhi: The Union Finance Ministry has asked the Labour Ministry to collect data on job losses due to the situation arising out of the COVID-19 crisis, said sources on Friday. Union Finance Minister Nirmala Sitharaman “The More...
No proposal to cut salaries of central govt employees: FinMin
New Delhi: The Finance Ministry on Monday clarified that there is no proposal to cut salaries of central government employees. Reacting to news reports, the ministry in a tweet said: Representative image “There More...
Central govt employees will not face salary cut, says FinMin
New Delhi: Union Finance Ministry on Monday assured that the central government employees will not face salary cut for the economy crisis due to the coronavirus pandemic. Finance Minister Nirmala Sitharaman The More...
FinMin issues modified circular on salary contribution to PM-CARES Fund
Mumbai: The Finance Ministry has issued a modified circular to staff regarding contribution of one day’s salary every month till March 2021 to the PM-CARES Fund. FM Nirmala Sitharaman A circular issued on More...
