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Finance Secretary Ashok Lavasa

Finance Secretary hints at increased capital expenditure by PSUs

Lavasa emphasises on need to increase public investment, for which bold steps will be taken by govt to recapitalise...

25 Oct 2017 12:05 PM

Revenue Secretary Hasmukh Adhia (Photo: PTI)

Revenue Secretary Hasmukh Adhia promoted as Finance Secretary

Finance Secretary's post was vacant following the superannuation of Ashok Lavasa last month.

6 Nov 2017 3:00 PM

GST, which will replace more than a dozen central and state levies like factory-gate, excise duty, service tax and local sales tax or VAT, is Indias biggest tax reform in the 70 years of independence. (Phtoto: Representational/PTI)

FinMin asks GSTN to come out with foolproof e-way bill system

The e-way bill provision of GST was introduced on Thursday but implementation was put on hold after system glitches.

2 Feb 2018 2:39 PM

Subhash Garg

Govt close to meeting fiscal deficit target of 3.4 pc: Garg

The government at many occasions had indicated that there might be some shortfall on indirect taxes collection.

4 April 2019 2:12 PM

Secretary of Department of Financial Services Rajiv Kumar. (Photo: Twitter)

Rajiv Kumar appointed as Finance Secretary

Kumar is credited with undertaking multiple reforms in the banking sector and providing a record amount of capital...

30 July 2019 3:42 PM

A day after being transferred to the Ministry of Power in a bureaucratic reshuffle, former Finance Secretary Subhash Chandra Garg is reported to have sought voluntary retirement from government service. (Photo: ANI)

Former Finance Secretary S C Garg seeks voluntary retirement after...

The rejig came less than three weeks after the Union Budget was presented in the Lok Sabha and a day after it was passed...

25 July 2019 9:07 AM

Reserve Bank of India, RBI, is a banking regulator. It also calculates and fixes repo rate. (Photo: AFP)

Govt likely to make announcement on RBI soon: Finance Secretary

RBI has been rendered headless following Patel's unexpected resignation, with immediate effect.

11 Dec 2018 8:18 AM

Finance Secretary Ashok Lavasa.

India concerned about NPAs of Indian banks as well: Lavasa

Cabinet this week approved promulgation of an ordinance to amend the Banking Regulation Act for resolution of the NPA...

12 May 2017 10:49 AM

The government has proposed a penal tax rate of 50 per cent to incentivise black money hoarders to switch to formal economy.

India will clock over 7.5 pc growth in 2017-18: Finance Secretary

International Monetary Fund last month projected India's growth at 7.2 per cent in the fiscal 2017-18.

12 May 2017 7:05 AM