Search For "ministry of finance"
Abu Dhabi's SWF becomes first notified fund to get 100 per cent I-T exempt
Updated : 5 years, 8 months ago IST
New Delhi [India], November 3 (ANI): Abu Dhabi's Sovereign Wealth Fund (SWF) -- MIC Redwood 1 RSC Limited -- became the first foreign SWF to be notified and granted 100 per cent income tax exemption for long term investments to be made in specified priority sectors, the Union Finance Ministr
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I-T Dept refunded nearly Rs 1.27 lakh crores through automated refund syst
Updated : 5 years, 8 months ago IST
New Delhi [India], October 30 (ANI): Finance Secretary Dr Ajay Bhushan Pandey today said that the income tax refund of about Rs 1,27,000 crore has been sent to bank accounts of individuals and businesses in this financial year.
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Centre transfers Rs 2,59,941 crore to states as devolution of share of tax
Updated : 5 years, 8 months ago IST
New Delhi [India], October 29 (ANI): The monthly account of the central government up to the month of September 2020 has been consolidated and reports published.
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IT Dept conducts searches in UP's Bijnor, seizes Rs 50 lakhs
Updated : 5 years, 8 months ago IST
New Delhi [India], October 29 (ANI): The Income Tax department has raided Bijnor based group engaged in real estate business and seized Rs 50 lakhs and jewellery weighing approximately 2.5 kg, the Ministry of Finance said on Thursday.
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Centre files affidavit before SC in loan moratorium case
Updated : 5 years, 8 months ago IST
New Delhi [India], October 25 (ANI): The Central Government has filed its detailed affidavit before the Supreme Court in connection with the loan moratorium case where it has stated that the interest waiver scheme can be availed by borrowers in specified loan accounts for a period from March
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COVID: No interest on interest for loans up to Rs 2 crore during moratoriu
Updated : 5 years, 8 months ago IST
New Delhi [India], October 24 (ANI): The Ministry of Finance has approved a scheme to provide relief in interest compounding to borrowers for the six-month loan moratorium period extended in view of the COVID-19 pandemic.
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Centre transfers Rs 6,000 cr as first tranche of GST compensation to 16 st
Updated : 5 years, 8 months ago IST
New Delhi [India], October 24 (ANI): The Central government on Friday borrowed and transferred Rs 6,000 crores as first tranche on account of GST compensation to 16 states and two Union Territories (UTs).
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Milestone of 1.5 crore KCC sanctions with credit limit of Rs 1.35 lakh cro
Updated : 5 years, 8 months ago IST
New Delhi [India], October 19 (ANI): A milestone target of covering more than 1.5 crore farmers under Kisan Credit Card (KCC), with sanctioned credit limit of Rs 1.35 lakh crore has been achieved, according to the Union Ministry of Finance.
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Sitharaman discusses global economic outlook at G20 Finance Ministers and
Updated : 5 years, 8 months ago IST
New Delhi [India], October 14 (ANI): Finance Minister Nirmala Sitharaman on Wednesday participated in the G20 Finance Ministers and Central Bank Governors Meeting, where she discussed the global economic outlook and response to the COVID-19 crisis.
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Tamil Nadu gets permission to borrow additional amount of Rs 9,627 crore
Updated : 5 years, 8 months ago IST
New Delhi [India], Oct 14 (ANI): The Department of Expenditure under Ministry of Finance on Wednesday granted permission to Tamil Nadu to raise an additional amount of Rs 9,627 crore through open market borrowings.
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PM Modi to release Rs 100 commemorative coin in honour of Rajmata Vijaya R
Updated : 5 years, 9 months ago IST
New Delhi [India], October 11 (ANI): Prime Minister Narendra Modi is set to release a commemorative coin of Rs 100 in honour of Rajmata Vijaya Raje Scindia at a virtual ceremony on Monday.
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Nirmala Sitharaman to chair 42nd GST Council meeting today
Updated : 5 years, 9 months ago IST
New Delhi [India], October 5 (ANI): Union Finance Minister Nirmala Sitharaman will chair the 42nd Goods and Services Tax (GST) Council meeting at 11 am on Monday.
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