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Latest Articles in ministry of finance

Employer’s NPS Contribution Increased To 14% For CAB Employees

The Ministry of Finance has now permitted the contribution of 14 per cent of the employer’s share towards National Pension System (NPS) accounts of employees of Central Autonomous Bodies (CABs).

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Indian Finance Ministry Officer Among 25 Global Tax Experts Appointed To UN Tax Committee

The UN Tax Committee fosters international cooperation on domestic and international tax matters and works closely with observers from government, civil society, business and academia, to develop guidance and encourage an inclusive setting of norms and policies.

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Govt Brings Dept Of Public Enterprises Under Finance Ministry

The government has budgeted Rs 1.75 lakh crore from stake sale in public sector companies and financial institutions during 2021-22.

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The Union Government Is Quite Clear about Its Decision To Privatise Several PSEs: Bibek Debroy, Chairman, Economic Advisory Council To the PM

The scale and spread of Covid 2.0 has once again subdued demand, especially in rural India. The economy will obviously need both fiscal and monetary support in greater measures at least to ensure recovery does not falter. To be able to entice more investment into the economy, some extraordinary policy measures will become necessary like reforms in the financial sector, the Railways and defence production, along with a more transparent fiscal deficit target. In a candid chat with BW Businessworld’s Manish Kumar Jha, Chairman of the Economic Advisory Council to the Prime Minister and leading economist, Bibek Debroy, talks of policies that will decide the future course of the Indian economy and that “illusive inclusive growth”.

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Centre To Give Additional Rs 15,000 Cr Interest-Free Loan To States For Capital Projects

The government has budgeted to raise Rs 1.75 lakh crore through CPSE disinvestment in the current fiscal, over five times what it raised in the last financial year.

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RAI Urges Govt To Extend ECLGS Benefits To Retailers

RAI also asked RBI to instruct banks to increase the working capital limit for retailers by 30 per cent to help them pay salaries and suppliers.

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Partnering Change

TCS was selected by Israel’s Ministry of Finance to build a banking service bureau, a shared, plug-and-play, digital banking operations platform to help startup banks launch very quickly.

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Income Tax raids at Gurugram-based real estate company, seizes incriminating documents, foreign currencies

Income Tax raids at Gurugram-based real estate company, seizes incriminating documents, foreign currencies

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One held for illegal manufacture of 'gutkha' with liability of around Rs 5.9 cr

One held for illegal manufacture of 'gutkha' with liability of around Rs 5.9 cr

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At India-EU Macroeconomic Dialogue, both look forward to bilateral cooperation arrangements

At India-EU Macroeconomic Dialogue, both look forward to bilateral cooperation arrangements

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Centre releases 16th instalment of Rs 5,000 crore to states to meet GST compensation shortfall

Centre releases 16th instalment of Rs 5,000 crore to states to meet GST compensation shortfall

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DGGI arrests man for fraudulently availing input tax credit of Rs 376 crore through 7 fake firms

DGGI arrests man for fraudulently availing input tax credit of Rs 376 crore through 7 fake firms

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Rajasthan becomes 12th state to undertake 'One Nation One Ration Card system'

Rajasthan becomes 12th state to undertake 'One Nation One Ration Card system'

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4 states complete reforms in ease of doing business, eligible for Rs 5,034 cr extra borrowing

4 states complete reforms in ease of doing business, eligible for Rs 5,034 cr extra borrowing

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Budget 2021 marks a directional change for Indian economy: Sitharaman

Budget 2021 marks a directional change for Indian economy: Sitharaman

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