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The finance ministry has asked banks to be vigilant to ensure that wilful defaulters are prevented from buying same stressed assets again. (Photo: PTI)

Finance ministry asks banks to prevent defaulters from buying stressed...

It has been brought to the notice of the ministry that some wilful defaulters are making bids to buy assets cases...

19 Nov 2017 6:33 PM IST

Finance Minister Arun Jaitley (Photo: AP)

Finance ministry asks PSBs to submit fund-raising plan in a month

This will help in better utilisation of the money that the government will provide to them under the bank...

15 Nov 2017 4:00 PM IST

Demonetisation has helped flush out black money, eliminate fake notes and reduce the currency in circulation, said the finance ministry. (Photo: PTI)

Note ban: Blow to black money, terrorism-funding, says FinMin

On November 8, 2016, Prime Minister Narendra Modi had announced scrapping of Rs 500 and Rs 1,000 notes.

7 Nov 2017 8:45 AM IST

Use of the countrys lese-majeste law has surged under the royalist junta that took power in a 2014 coup detat, with more than 100 people charged since the coup, according to legal monitoring group iLaw. (Photo: Representational/File)

After shell companies, Centre to scrutinise 10 lakh active firms

In its fight against shell companies, the government recently disqualified over 1 lakh directors.

26 Sept 2017 5:49 PM IST

Income tax department expects taxpayers to file correct returns whther they file it in cash or online. (Photo: PTI).

FinMin to kick off Mudra awareness camps from Varanasi

The big draw of these camps are going to be Aadhaar seeding and authentication and assisting visitors to use the BHIM...

24 Sept 2017 1:49 PM IST

Finance Ministry

Scope for further rate cut by RBI: Finance Ministry

The rate cut was the first in 10 months and brought policy rates to a near 7-year low.

23 Sept 2017 6:05 PM IST

Chief Economic Adviser Arvind Subramanian

CEA Arvind Subramanian gets 1-year extension: Fin Min

Subramanian's tenure was ending on October 16 which will now last till September next year.

23 Sept 2017 2:00 PM IST

Finance Ministry

Looking at ways to ensure timely refund of taxes: Finance Ministry

Committee is trying to find a way of giving refund by linking GSTR 1 with GSTR 3B forms.

22 Sept 2017 4:45 PM IST

The North Block at Indias Parliament houses countrys Finance Ministry. (Photo: File/PTI)

Fin Min releases external debt report; some key points

External Debt stock stood at USD 471.9 billion at end-March 2017.

16 Sept 2017 11:07 AM IST

Finance Ministry

FinMin releases timeline for India's first post-GST budget proposals

The pre-budget meetings of ministries and departments will start from October 9.

14 Sept 2017 10:01 AM IST

The government will mint Rs 100 and Rs 5 coins to commemorate the birth centenary of M G Ramachandran.

Centre to mint Rs 100, Rs 5 coins to mark birth anniversary of MGR

The newly minted Rs 100 and Rs 5 coins will be etched with M G Ramachandran's portrait in the centre.

13 Sept 2017 10:11 AM IST

Finance Ministry

Shell companies bosses face up to 10-year jail term

The government has launched a crackdown on shell companies which are allegedly used as conduits for illicit fund flows...

7 Sept 2017 7:12 AM IST