FinMin kick-starts Budget making exercise amid contraction pressure
New Delhi, Oct 16 (PTI) The finance ministry on Friday kicked off the exercise to prepare the annual Budget for 2021-22 amid the urgency to push economic growth hit by the COVID-19 pandemic. It will be the third More...
Reforms undertaken to contain COVID-19 impact to ensure long-term sustained growth: FinMin report
New Delhi, Oct 4 (PTI) Important structural reforms undertaken by the government to combat risks associated with the coronavirus pandemic will strengthen the country’s economic fundamentals and ensure long-term More...
Ministries, public sector undertakings to stop physical of printing calendars, diaries
New Delhi, Sep 2 (PTI) The government on Wednesday said ministries, departments, public sector undertakings and public sector banks will stop physical printing of calendars, diaries and greeting cards. Finance Minister More...
Finance Ministry advises banks not to levy charges on electronic transactions
New Delhi [India], Aug 30 (ANI): The Union Ministry of Finance has advised all the banks not to collect any charges on transactions or payments made through electronic mode, the Central Board of Direct Taxes (CBDT) More...
Finance Ministry recounts Jaitley’s legacy by recounting GST benefits
New Delhi [India], Aug 24 (ANI): The Finance Ministry on Monday recounted several achievements of former Finance Minister Arun Jaitley who heralded the Goods and Services Tax (GST) and passed away a year ago. File More...
FinMin working on norms for salaries of retired central govt employees re-appointed on contract
New Delhi, Aug 16 (PTI) The finance ministry is working on norms to regulate salary paid to retired central government employees re-appointed on contract and has proposed keeping nomination-based appointments at More...
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...