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Niti Aayog to draw up list of non-core assets of CPSEs for possible...

The approved framework shall be reviewed after two years for instituting any change including delegations on financial...

3 March 2019 12:26 PM IST

According to Morningstar, India-focussed offshore funds, which are longer term in nature, witnessed net-inflow of $179 million in August whereas the India-focussed ETFs saw a net outflow of $39 million.

Finance Ministry starts consultation with investors to launch global...

DIPAM will start developing the index for the ETF based on investors' feedback.

28 April 2019 1:39 PM IST

EPFO has already joined the vast network of over 2 lakh common services centres (CSC) of the IT department to widen its reach.

FinMin ratifies 8.65 per cent interest on EPF for 2018-19

Earlier in Feb, EPFO's apex decision making body Central Board of Trustees had decided to raise interest rate on EPF to...

26 April 2019 6:22 PM IST

The government has sanctioned GST refunds worth about Rs 12,700 crore or 80 per cent of the eligible claims of exporters.

FinMin brings in changes in e-way bill system to check GST evasion

Electronic way or e way bill was rolled out in 2018, for moving goods worth over Rs 50,000 from one state to another.

24 April 2019 8:51 PM IST

Finance Ministry

Finmin asks all depts to conduct review of govt guarantee; submit...

The Finance Ministry has extended date for submission of these details to April 30 from April 10.

23 April 2019 9:38 AM IST

The Mumbai zone of the Central GST Commissionerate has mopped up revenue of Rs 72,509 crore till February this year, tax officials said.

Single authority for sanctioning, processing GST refunds likely by...

A single window tax refund in a federal, democratic economy would be a massive jump in ease of doing business.

26 May 2019 11:16 AM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

FinMin to launch ETF with bank stocks, fin institutions this fiscal

Govt is looking at diversifying the ETF basket by including stocks public sector banks and financial institutions.

26 May 2019 10:35 AM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

FinMin asks AAI to issue shares against govt funding of Rs 656 crore

Last fiscal, AAI was asked to transfer its entire profit of 2017-18 to the exchequer as dividend.

21 May 2019 1:57 PM IST

The finance ministry said that the bill is far more depositor-friendly than in many other countries which provide for statutory bail-in without consent of creditors and depositors.

Finance Ministry reworking strategic sale procedure for CPSEs

The process for strategic sale of many state-owned companies started back in late 2017 or early 2018.

12 May 2019 10:51 AM IST

The previous high quarterly GDP growth was recorded in July-September period in 2014-15 at 8.4 per cent. (Representational Image)

Economic growth may have slowed in 2018-19: Finance Ministry

The Ministry, however, said that India continues to remain fastest growing major economy and is projected to grow...

3 May 2019 11:17 AM IST

Finance Ministry

Only disabled servicemen to get tax-free pension: FM

The pension will be not be tax-free for those defence forces personnel who retired from their services or attained...

25 Jun 2019 2:36 AM IST

The Indian rupee is totally correlated to the crude prices and as long as the crude remains above $70, the rupee will hold weak.

Govt's total liabilities rise to Rs 84.68 lakh crore at end-March 2019

Public debt accounted for 89.5 per cent of the total outstanding liabilities at end-March 2019.

22 Jun 2019 12:27 PM IST