Tue, Nov 19, 2024
Any listed CPSE, whose market price exceeds 150 times its face value consistently for the last six months, may consider splitting off its shares.
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Sat, Oct 05, 2024
This will include the entire required loan of Rs 33,593 crore, besides the equity and subordinate debt of Rs 7,425 crore.
Sat, Aug 31, 2024
According to the ministry this is an increase of Rs 57,109 crore compared to the same period in the previous fiscal year. It reflects the fiscal federalism by the government.
Tue, Jun 22, 2021
Chartered accountants' apex body ICAI on Tuesday made presentations on various issues being faced on the new Income Tax e-filing portal during a meeting with finance ministry officials and Infosys representatives.
Sat, Jun 19, 2021
After reports surfaced on different media platforms claiming that money held by Indians in different Swiss Banks grew exponentially during the pandemic period, primarily between at the end of 2019 and 2020, the government has come up with clarifications.
Thu, Jun 17, 2021
The Ministry of Finance Department of Expenditure released an Office Memorandum this week to inform that the time limit for submission of claims for Travelling Allowance (TA) on retirement has been extended.
Finance Minister Nirmala Sitharaman has invited written representations regarding the issues/glitches on the new Income Tax Portal on the email address fmo@nic.in latest by 7 pm on Friday, June 18, 2021.
Wed, Jun 16, 2021
The Ministry of Finance will hold an interactive meeting with Infosys on June 22, 2021, on issues in the new Income Tax e-Filing portal.
Sun, May 30, 2021
The Ministry of Finance on Sunday further expanded the scope of the Emergency Credit Line Guarantee Scheme (ECLGS) amid the economic disruption caused by the second wave of the Covid-19 pandemic.
Mon, Mar 08, 2021
GST Taxpayers' alert: The Central Board of Indirect Taxes & Customs (CBIC), responsible for administering Indirect Taxes, has issued an alert for taxpayers.
Sat, Mar 06, 2021
With the economic activity gaining momentum post Covid 19 lockdown and rollout of coronavirus vaccines, the Indian economy is likely to do better than the projection of an 8 per cent shrinkage in the current fiscal, says Finance Ministry.
Thu, Nov 12, 2020
This decision paves the way for putting in place the rules for the various aspects of banking operations that would be permissible at the IFSC.
Thu, Oct 15, 2020
The Ministry of Finance today set the record straight on the Vodafone tax arbitration ruling issue saying that all options are being considered by the government on the matter of appealing against the verdict of the international tribunal. The government was in the process of examining all options and further course of action will be decided “on such examination” a government release said
Fri, Oct 02, 2020
One Nation One Ration Card Scheme: The Ministry of Finance has granted additional borrowing permission to two more States, Uttar Pradesh and Andhra Pradesh for successfully undertaking reforms in the Public Distribution System (PDS) and Ease of Doing Business.
Thu, Oct 01, 2020
Customs duty of 5 per cent has been imposed on import of a key component used in manufacturing of LED/LCD TVs from October 1, a government notification said on Wednesday
Sat, Sep 26, 2020
Reacting to the CAG report regarding `diversion of funds` meant for GST compensation, Finance Ministry sources said on Saturday.
Fri, Sep 25, 2020
The finance ministry on Friday said that public sector banks (PSBs) have on-boarded about one crore customers on digital payment modes in just one month of the launch of 'Digital Apnayen' campaign
Thu, Sep 24, 2020
In view of improving performance of public sector banks, former RBI Governor Raghuram Rajan and former Deputy Governor Viral Acharya, in a study paper have suggested slew of measures including disbanding of Department of Financial Services in Ministry of Finance.
Sat, Sep 12, 2020
Department of Financial Services (DFS) which comes under the Ministry of Finance is opposed to the suggestion of decriminalising offences related to cheque bouncing cases.
Sat, Jun 20, 2020
Amid growing tensions between India and China, the finance ministry has proposed putting restrictions on pension fund investments from any of India's bordering countries.
Thu, Jun 18, 2020
Finance Minister Nirmala Sitharaman has shared details of Prime Minister (PM) Garib Kalyan Rojgar Abhiyaan (GKRA) today via a press conference.
Fri, May 15, 2020
The Ministry of Finance has been monitoring, on a monthly basis, the performance of the 32 top Maharatna and Navratna Central Public Sector Enterprises (CPSEs) to review their capital expenditure.
Thu, Apr 09, 2020
In support of the expectation, they said worries over fiscal deficit and inflation are overdone, they said, adding that so far the Narendra Modi government has shown prudence on this side.
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