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Nigeria hopes to generate $1 bln from tax evasion amnesty -finance ministry

Nigeria hopes to raise at least $1 billion from a scheme that will give tax evaders a chance to make payments retrospectively, the finance ministry said on Friday.

Sebi for stricter separation on investment products

The Securities and Exchange Board of India (Sebi) on Thursday proposed to more clearly segregate entities advising on investment products, from those selling them in an effort to prevent conflicts of..
Deccan Herald

Videos for "Finance Ministry"

News video: Letter bomb injures IMF employee after Greek militants announce campaign

Letter bomb injures IMF employee after Greek militants announce campaign 01:00

Paris is on high alert after a letter bomb sent to the IMF’s office there exploded on Thursday, as it was opened by a secretary, injuring her in the face and hands. An anti-terrorist investigation is..
Source: Euronews English -

News video: Brazilians rally against austerity in main cities

Brazilians rally against austerity in main cities 00:50

Protesters against plans to end Brazil's pension system occupy the finance ministry in the capital and paralyze commuter traffic in the financial centre of Sao Paulo.
Source: news across the world -

News video: Explosive package found at Berlin ministry

Explosive package found at Berlin ministry 00:38

An explosive package was found at Germany's finance ministry, police said on Wednesday, with national media reporting that the addressee was German Finance Minister Wolfgang Schaeuble. An investigation..
Source: Rumble -

News video: Iceland to end capital controls after 8 years

Iceland to end capital controls after 8 years 01:26

Iceland's finance ministry says it is about to lift the capital controls that have been in place since the financial crisis in 2008, easing restrictions on households and businesses. Sonia Legg..
Source: Rumble -

News video: German economy and budget surplus soar, but Merkel shuns new debt

German economy and budget surplus soar, but Merkel shuns new debt 02:10

Manufacturing powered ahead last year in Germany to give the economy strong growth and the government a record budget surplus of 23.7 billion euros. The country’s treasury benefited from soaring tax..
Source: Euronews English -


Cooperative and commercial banks, post offices can deposit junk notes in RBI till July 20

The government has given a last chance to district cooperative banks, commercial banks and post offices to deposit the banned Rs 500 and Rs 1,000 notes with the Reserve Bank by July 20, provided they..

India allows banks, post offices to deposit old bank notes with RBI

NEW DELHI (Reuters) - India on Wednesday allowed banks and post offices to exchange old, big bank notes, which are no longer in circulation, with the Reserve Bank of India (RBI) in a month, provided..
Reuters India

All states sans J&K pass SGST Bill to keep date with July 1

All states and Union Territories, barring Jammu and Kashmir, have passed their State GST Act, paving the way for rollout of the Goods and Services Tax from the mid-night of June 30-July 1. While..
Deccan Herald

NPA woes: Lenders meet to chart action plan for 12 large defaulting accounts

Lenders today began meeting to initiate proceedings against 12 stressed accounts identified by the Reserve Bank to be referred under the Insolvency and Bankruptcy Code (IBC), sources said. The..

MHA examines safety of GSTN, days ahead of GST's roll out

The Home Ministry is examining the safety of the GSTN, an information-technology backbone of the Goods and Services Tax (GST), on the basis of a reference from the Finance Ministry. The process of..

Absence of e-way system under GST will not impede movt of goods: official

After the goods and services tax (GST) roll out, movement of goods will not be impeded even if the e-way system is not placed, a senior finance ministry official said Monday. The all powerful GST..
Deccan Herald

Engage realtors to pass GST benefit to buyers: FinMin to HUPA

The finance ministry has asked the housing and urban poverty alleviation (HUPA) ministry to sensitise states and the real estate regulator to hold consultations with developers to pass on benefits of..
DNA Also reported by •Deccan Herald

Finmin asks PSBs to explore acquisition of smaller banks

The finance ministry has asked four large PSU lenders to explore opportunities for acquisition of small and mid-sized banks with a goal to create global sized lenders, sources said.

Dividend tax to add Rs 740 cr burden on MF retail investors

Industry lobby Amfi expects the government to heed its demand to shelve the plan and has already represented the matter to the finance ministry.

'India ready for GST, anti-profiteering rules soon'

India is ready to launch the Goods and Services Tax (GST) on July 1, the official steering the process told Reuters, saying the technology that will drive it is robust and dismissing fears the tax is..
Deccan Herald Also reported by •Zee News

Civil Aviation ministry wants GST deferred

The Ministry of Civil Aviation (MoCA) has asked the Union government to defer the implementation of Goods and Service Tax (GST) by two months as some of the airlines, including national carrier Air..

MHA to reorganise for broader scope, aims at expansion

With the emergence of new threat scenarios and challenges like radicalisation, cyber threats and narcotics, the Ministry of Home Affairs (MHA) has embarked on a process to reorganise itself, which may..

Builders must pass on lower GST to buyers: Finance Ministry

The government on Thursday asked builders to pass on the benefit of lower tax under the GST system to buyers by reducing prices and instalments, otherwise the action will be violative of the..
Zee News

We are prepared for GST from July 1: Civil Aviation MoS Sinha

"We are prepared for GST from July 1," Minister of State for Civil Aviation Jayant Sinha said on Friday even as the ministry has sought deferment of the new tax regime. The minister also emphasised..
Deccan Herald

Finance Ministry may provide relief for aviation sector ahead of GST rollout

The Ministry of Finance (MoF) is unlikely to heed to a request from the Ministry of Civil Aviation (MoCA) to defer the roll out of Goods and Service Tax (GST) from July 1 but may provide some more time..
Deccan Herald

Sanjeev Kaushik gets additional charge of IIFCL Chairman

The Finance Ministry has given additional charge of Chairman, IIFCL to Sanjeev Kaushik, a 1992 batch Kerala cadre IAS officer.

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