"Finance Ministry"
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China proposes cybersecurity check for auditors if national security involvedChina's finance ministry has proposed new measures that require auditors to undergo additional cybersecurity checks when their work involves national security. The measures also outline how accounting..IndiaTimes - Published | |
GST: Finance ministry launches amnesty scheme for filing appeals against demand ordersThe finance ministry has introduced an amnesty scheme for filing appeals against Goods and Services Tax (GST) demand orders. The scheme will be open until January 31, 2024, for entities that were..IndiaTimes - Published | |
State-run pharma co IMPCL selloff sees several EOIsThe Centre has received multiple expressions of interest (EOIs) for the privatisation of state-run Indian Medicines Pharmaceutical Corporation (IMPCL), a top finance ministry official announced on..IndiaTimes - Published | |
Government plans to set up single agency for infrastructure planning, monitoring & evaluationThe Indian government is working on setting up a single agency for infrastructure planning, monitoring, and evaluation to ensure maximum impact on the economy and quality of life. The Department for..IndiaTimes - Published | |
'Government initiatives pushing women-led development'The Indian government's initiatives for financial inclusion, rural microfinance, and property rights in rural housing have contributed to the development of women-led initiatives in the country,..IndiaTimes - Published | |
Banks tap business, rework plan to raise low-cost depositsThe Centre's "just-in-time" mechanism for releasing funds to government agencies has led to banks losing out on low-cost current and savings account float. Public sector banks, such as State Bank of..IndiaTimes - Published | |
India against yuan bill for Russian oilIndia is resisting pressure from Russian oil suppliers to pay for crude imports in Chinese currency, as tensions between India and China continue. While Russia has a growing demand for yuan due to its..IndiaTimes - Published | |
Good news for Central govt employees: PM Modi's big Diwali 2023 gift, know what it is and who are eligibleAccording to the Union Finance Ministry, the benefit of this non-productivity linked bonus (ad-hoc bonus) will be given to all non-gazetted employees falling under Group-B and Group-C.DNA - Published | |
Vietnam: Vietnam Considers Continuing VAT Reduction In 2024 - ASL LawRecently, during a meeting between the Government's Standing Committee and representatives of Vietnamese entrepreneurs, the Deputy Minister of Finance announced that the Ministry of Finance is..Mondaq - Published | |
Ukraine receives $1.15 billion grant from US under WB programOn Wednesday, the Ukrainian finance ministry announced that the United States granted Ukraine $1.15 billion as a component of the PEACE in Ukraine program. The PEACE (Public Expenditures for..IndiaTimes - Published | |
Net direct tax collection rises 22% to over Rs 9.57 lakh croreThe net direct tax collection increased by 21.82 per cent to over Rs 9.57 lakh crore till October 9, helped by good inflow from corporates and individuals, the Finance Ministry said on Tuesday.The net..IndiaTimes - Published | |
PF interest news: Centre maintains GPF interest at 7.1% for October-December quarterThe Finance Ministry maintains the GPF interest rate at 7.1% for Q4 FY24, consistent rates for similar provident funds.DNA - Published | |
GST Collection Rises 10% To Over Rs 1.62 Lakh Crore In SeptemberThe revenue in September 2023 was 10 percent higher than the GST revenue of Rs 1.47 lakh crore in the same month last year, the finance ministry said in a statement.Zee News - Published Also reported by •IndiaTimes | Russia unveils huge spending hike to battle 'hybrid war'Russia said Thursday that it plans to raise defence spending by almost 70 percent next year, funnelling massive resources into its Ukraine offensive to fight what it calls a "hybrid war" unleashed by..IndiaTimes - Published |
Oil prices a concern but not alarming yet: Finance ministryThe Indian government, in its August economic report, expressed comfort with a projected 6.5% growth for 2023-24. It acknowledged concerns about rising global crude oil prices and the August monsoon..IndiaTimes - Published | Finance Ministry, experts welcome move by JP Morgan to add India bonds in emerging market indexnewKerala.com - Published |
Healthy corporate sector performance strengthens investor confidence in Indian growth story, says Finance MinistrynewKerala.com - Published | No stress in savings, people buying homes, cars: Financial ministryThe finance ministry in India has stated that there is no distress in household savings, despite some discussions suggesting otherwise. The ministry argues that changing consumer preferences for..IndiaTimes - Published |
Finance Ministry allays fears over RBI data on crash in cash savings of householdsnewKerala.com - Published | LIC employees, agents to benefit from finance ministry's stepsThe finance ministry has announced measures that will benefit LIC employees and agents. They include an increase in the gratuity limit from Rs 3 lakh to Rs 5 lakh for agents, eligibility for renewal..IndiaTimes - Published |
Now, Pakistan unable to pay salaries to overseas officials amid severe dollar crunchThe Pakistani government is reportedly unable to pay salaries to staff at certain diplomatic missions for the past three months due to a dollar liquidity crunch. Press attaches and press counsellors in..IndiaTimes - Published | Finance ministry starts Budget work for 2024-25IndiaTimes - Published |
South Korea focuses on fiscal discipline with smallest budget increase in two decadesSouth Korea's government plans to increase its budget spending for 2024 to nearly $497 billion, marking the smallest increase in two decades. The finance ministry's annual spending plan aims to..IndiaTimes - Published | Onion prices: Maharashtra farmers stage protest over 40% export dutyA notification issued by the Finance Ministry on August 19 stated that they have imposed a 40 per cent export duty on onions till December 31, 2023.DNA - Published |
Nirmala Sitharaman undertakes review of Finance Ministry in Chintan ShivirnewKerala.com - Published | Govt imposes 40% duty on onion exports till December 31The Centre on Saturday imposed 40% duty on onion exports till December 31 to check the rise in prices. The export duty comes amid reports that onion prices are likely to rise in September. "To improve..IndiaTimes - Published |
Net Direct Tax Collections Stand At Rs 5.84 Lakh Crore, 17% Higher Than Last FiscalIn a statement, the Finance Ministry said that the collections from direct taxes, which include personal income tax and corporate tax, up to August 10, 2023, continue to register "steady growth".Zee News - Published | 7th Pay Commission: Big update for central employees on DA hike, government likely to give...The Finance Ministry's expenditure department will formulate a proposal to hike DA along with its revenue implication.DNA - Published |
Rs 1.1 lakh crore GST dent from 26k invoice fraud: Finance ministryIndiaTimes - Published | Breaking: Ajit Pawar Gets Finance, Chhagan Bhujbal Food, Civil Supplies and Consumer In Maharashtra Portfolio AllocationMaharashtra Deputy Chief Minister Ajit Pawar has been given Finance Ministry.Zee News - Published |
India to reject call for anti-subsidy tax on some Chinese steel productsIndia has decided not to impose a CVD (countervailing duty) on some steel products coming from China, despite an 18.95% CVD being recommended by the Director General of Trade Remedies. A finance..IndiaTimes - Published | Govt staffer shares docus with Pak woman, heldA 27-year-old contractual worker with the finance ministry was arrested on Monday night for allegedly sharing with a Pakistani woman some "sensitive" documents.IndiaTimes - Published |
No evidence suggesting slowdown in Indian economy: Finance ministrynewKerala.com - Published | Rs 7 lakh combined threshold for calculating TCS: Finance ministryThe finance ministry Friday clarified the threshold of Rs 7 lakh for the liberalised remittance scheme is the combined level for calculating tax collected at source (TCS), irrespective of the purpose..IndiaTimes - Published |
Electronics items including mobile phones, TVs become cheaper as government reduces GST rateThe government has brought a smile to the common people by slashing GST on electronics, goods etc., such as washing machines, mobile phones, refrigerators, home appliances, UPS and more. Earlier,..BGR India - Published | Mahila Samman Saving Certificate Facility Available In These Banks - Check How To Avail ItOne can apply for a Mahila Samman Savings Certificate, 2023, in all public sector institutions as well as ICICI Bank, Axis Bank, HDFC Bank Ltd, and IDBI Bank, per a recent notification from the Finance..Zee News - Published |
NPS update: Government likely to revise National Pension Scheme rules? Finance Ministry says thisThe Committee set up under the chairmanship of the Finance Secretary in pursuance of an announcement made by the Union Finance Minister in the Lok Sabha in the last Budget Session, is at present in the..DNA - Published | Finance Ministry officials meet Moody's executives, apprise them of economic measuresnewKerala.com - Published |
Sri Lanka lifts import restrictions on 286 items as economic woes easesSri Lanka has lifted import restrictions on nearly 300 items with immediate effect, the finance ministry announced on Saturday, in a clear sign that the island nation is slowly but surely emerging from..IndiaTimes - Published | Tobacco: Farmers' body writes to PMO, finance ministry against WHO recommendationFarmer organisation Federation of All India Farmer Associations (FAIFA) has written to the Prime Minister's Office (PMO) and finance ministry against the WHO recommendation that alternative crops..IndiaTimes - Published |
Centre's fiscal deficit for 2022-23 at 6.4 pc of GDP: CGA dataThe fiscal deficit for 2022-23 worked out to be 6.4 per cent of the gross domestic product (GDP), as it was projected by the finance ministry in the revised budget estimates, according to government..IndiaTimes - Published | Rs 75 coin to mark new Parliament inauguration: Know how would it look like and how can you get it?The special Rs. 75 coin will include a picture of the newly formed Parliament building and contain the word "Parliament Complex," according to the finance ministry.DNA - Published |
Foreign Exchange Industry Calls for Clarity on Proposed 20 percent TCS: Seeks Parity with Debit and Credit CardsThe foreign exchange Industry has expressed serious concerns about the applicability of 20% Tax Collection at Source (TCS) under the Liberalized Remittance Scheme (LRS) effective from July 1, 2023. On..NewsVoir - Published | Centre To Issue Rs 75 Coin To Mark Inauguration Of New Parliament Building; Check DetailsThe coin of Rs 75 denomination shall be coined at the Mint for issue under the authority of the Central Government on the occasion of Inauguration of New Parliament Building, said the Finance Ministry.Zee News - Published |
