Finance Ministry
Jan 24, 2025
As the 2025 Union Budget session nears, the traditional Halwa ceremony will take place this evening (January 24) in North Block, marking the final stage of the budget preparation process.
Jan 02, 2025
The Bombay Stock Exchange (BSE) and the National Stock Exchange (NSE) have announced their list of holidays for 2025. A total of 14 holidays have been scheduled throughout the year for stock market...
Dec 28, 2024
BSNL, India’s state-owned telecom company, is planning to send thousands of employees home as part of its efforts to improve financial health.
Jul 09, 2024
New Delhi, July 9 (IANS) The Finance Ministry has urged private sector banks to extend more loans under Financial Inclusion Schemes such as PM SVANidhi, PM Vishwakarma and Jan Samarth Portal aimed at...
Jul 24, 2023
New Delhi: The Department of Expenditure under the Finance Ministry has approved the release of additional funding for completing the pending works of Polavaram Irrigation Project (PIP) and said it...
Jun 11, 2023
Hyderabad, June 11 (IANS) Telangana's outstanding public debts are set to touch Rs 3.57 lakh crore in 2023-24, a jump of about 11 per cent over the previous year while the overall debt burden,...
Mar 09, 2023
The finance ministry announced that cryptocurrency transactions would now come under the ambit of money laundering provisions.
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Jan 22, 2023
Despite the measures taken by the Andhra Pradesh Government for the welfare and well-being of the employees, certain articles have been published in the Eenadu and other newspapers stating that there...
Dec 31, 2022
The finance ministry has raised the interest rates on some small savings schemes for the January-March quarter, the second quarterly increase in a row.
Aug 03, 2022
NEW DELHI: GST-registered businesses with an annual turnover of Rs 10 crore or more will have to generate e-invoices for B2B transactions from October 1, the finance ministry said.
Revenue Deficit Grant To Andhra Pradesh For 2021-22 Released
Jun 09, 2021
The Centre has released the 3rd monthly instalment of Post Devolution Revenue Deficit (PDRD) Grant of Rs.
Dec 20, 2020
NEW DELHI: The Finance Ministry on Sunday said five states, including Andhra Pradesh, Telangana, have been permitted to borrow an additional Rs 16,728 Crore following completion of stipulated reforms...
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Apr 23, 2020
The Finance Ministry on Thursday has decided to put on hold increment in dearness allowance (DA) for 50 lakh central government employees and 61 lakh pensioners till July 2021
GST
May 02, 2019
GST collection scaled all-time high of over Rs 1.13 lakh crore in April, up from Rs 1.06 lakh crore in the previous month
EPFO
Apr 26, 2019
The Finance Ministry has approved 8.65 per cent rate of interest on Employees’ Provident Fund (EPF) for 2018-19 as decided by retirement fund body EPFO,
Deadline To File GST Annual Returns Extended Till March 31
Dec 08, 2018
The Finance Ministry has extended the last date for filing annual GST return forms by three months until March 31, 2019.
Arun Jaitley
Oct 04, 2018
Indian Oil Firms Can Stagger $10-bn Overseas Borrowing: Finance Ministry
It said Panama Paper leaks involving 426 persons have been already investigated by Income Tax Department
Jun 22, 2018
It said the Panama Paper leaks involving 426 persons have been already investigated by the Income Tax Department and other member agencies of the MAG.
Chief Economic Advisor Arvind Subramanian
Jun 20, 2018
Chief Economic Advisor Arvind Subramanian today said he has not yet decided on the exact date of leaving the finance ministry, but it will be in a month or two
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Apr 01, 2018
The Electronic Way (E-Way) Bill introduced under the Goods and Services Tax (GST) regime rolled out across the country from Sunday
Finance Ministry Asks Banks To Collect Passport Details Of Big Borrowers
Mar 06, 2018
Finance Ministry Asks Banks To Collect Passport Details Of Big Borrowers
Based on these transactions, other banks appear to have advanced money to these customers abroad, the Finance Ministry said.
Feb 15, 2018
Concerned over fraud of over Rs 11,300 crore at Punjab National Bank (PNB), the finance ministry has asked all banks to send reports involving this case or other such incidents latest by the end of...
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Jan 07, 2018
Finance Ministry will come out with a standard operating procedure to handling anti-profiteering complaints. Relating to over- charging after GST roll out.
The government will hold deliberations with the Reserve Bank to work out a mechanism for bringing down merchant discount rates
Dec 14, 2017
Merchant discount rates (MDR) have increased from 0.25 percent of transaction value to 0.90 percent recently
EPF interest rate to be 8.65%
Feb 14, 2017
Labour Minister Bandaru Dattatreya on Tuesday said 8.65 per cent interest rate on EPF deposits for this fiscal will soon be ratified by the Finance Ministry .
Dec 15, 2016
Old Rs 500 notes not to be accepted from Dec 15 midnight: Finance ministry
The government demonetised Rs 1,000 and Rs 500 currency notes on November 8
Dec 14, 2016
After Thursday midnight, Rs 500 notes would no longer be allowed to be used for the list of exemptions the government had announced
The gross non-performing assets (NPAs) of scheduled commercial banks rose to 8.7 per cent of total credit by the end of June compared with 4.6 per cent in March 2015 and 7.8 per cent in March 2016.
Oct 11, 2016
Gross NPAs Expected to be 8.5% by March 2017 from 7.8% in March 2016
Arundhati Bhattacharya has secured a year’s extension as the Chairperson of the State Bank of India (SBI) to oversee the merger of six smaller commercial banks into the country’s largest lender.
Oct 01, 2016
Arundhati Bhattacharya’s tenure was to end on October 6
Arvind Panagariya, Vice-Chairman, Niti Aayog, classified the list into two segments. One section of the list for closure of PSUs and the other one comprising the PSUs, in which the Centre will dilute its stake.
Sep 27, 2016
15 out of 74 PSUs Listed By Neti Aayog to be Closed Down
At present, customers bear the transaction cost commonly known as merchant discount rate (MDR) on payments made to the government.
Aug 16, 2016
Moving to economy of digital currency
The Centre, RBI and regulators are well prepared and working closely together to deal with any short term volatility.
Jun 24, 2016
Brexit:
Finance Ministry, RBI assure of liquidity
Cong-TDP nexus behind ED notice: Vijayamma
Oct 05, 2012
Cong-TDP nexus behind ED notice: Vijayamma
