Search For "finance ministry"
Small Savings Act amended to allow flexibility to investors
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 14 (ANI): In order to remove existing ambiguities due to multiple acts and rules for small saving schemes and further strengthen the objective of "Minimum Government, Maximum Governance", the Finance Ministry on Tuesday proposed a merger of the Government Savings Certi
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Sitharaman asks FM to remove education fee cap for dead soldiers' children
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 10 (ANI): Defence Minister Nirmala Sitharaman on Saturday urged the Finance Ministry to remove the education fee cap for children of soldiers who sacrificed their lives for the country.
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Adhia's comments on long-term investments misconstrued: Sources
Updated : 8 years, 1 month ago IST
New Delhi [India], Feb 5 (ANI): Amid controversy over Finance Secretary Hasmukh Adhia's statement on long-term investment involving no effort, the Ministry of Finance clarified that the top bureaucrat had been misquoted.
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Govt eyes to make PMLA more effective
Updated : 8 years, 1 month ago IST
New Delhi [India] Feb 1 (ANI): The government has proposed to make the Prevention of Money-laundering Act, 2002 (PMLA)Act more effective.
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Suppliers must not decline to record UIN: Finance Ministry
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 22 (ANI): The Ministry of Finance on Monday advised suppliers to not decline to record the Unique Identify Number (UIN) of embassies, missions, consulates and UN organisations on the tax invoice.
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All you need to know about the 'Halwa' ceremony
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 20 (ANI): The commencement of preparations for this year's Union Budget has officially begun this morning, with Finance Minister Arun Jaitley performing the traditional 'Halwa Ceremony' at North Block here.
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Direct tax collections up by 18.7%
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 17 (ANI): Direct tax collections for fiscal year 2017-2018 show a growth rate of 18.7 percent, up to January 15, the Finance Ministry has revealed.
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Centre reassesses borrowing requirements
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 17 (ANI): Secretary Economic Affairs (DEA), Subhash Chandra Garg, on Wednesday said the government reassessed its additional borrowing requirements and will bring down the same from Rs. 50,000 crore as notified earlier to Rs. 20,000 crore.
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GST for stamp duty on property likely: sources
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 16 (ANI): Stamp duty on property before registration might come under the ambit of the Goods and Services Tax regime, sources have disclosed. This was revealed on Tuesday, two days ahead of the last GST Council meeting before the Union Budget.
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No extension for filing GSTR-1 return
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 10 (ANI): The Finance Ministry on Wednesday clarified that there will be no extension of date for filing return in Form GSTR-1.
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GST Council officers to discuss revenue fall on Thursday
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 9 (ANI): Officers of the Goods and Services Tax Council (GST) are scheduled to meet on Thursday (January 11) to deliberate on reasons for the fall in GST revenue collection, flagged as a major matter of concern for the finance ministry.
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India Inc. suggests reduced MAT, increased medical reimbursement ceiling a
Updated : 8 years, 2 months ago IST
New Delhi [India], Jan 5 (ANI-NewsVoir): PHD Chamber of Commerce and Industry urged the Finance Ministry to not only bring down the corporate tax at committed ceiling of 25 percent but also sought drastic reduction in Minimum Alternate Tax (MAT), besides reiterating its demand for hike in me
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