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Manish Patel admitted to presenting a forged Indian passport to Border Patrol agents. (Photo: Representational/PTI)

PSBs asked to get passport details for loans of Rs 50 cr and above:...

In Oct 2017, govt announced recapitalisation of PSBs to tune of Rs 2.11 lakh cr over current and next financial year.

29 March 2018 12:00 PM IST

Shiv Pratap Shukla said, The money that was lying in peoples lockers which was not being used, was then deposited into banks. It then came in use for the nation, thus became jan dhan.(Photo: ANI)

Kala dhan' became jan dhan' after demonetisation, says MoS Finance

MoS said that though people had to face difficulty in the initial days of demonetisation, now the benefits of the move...

16 Jun 2018 3:09 PM IST

The income-tax department had booked Mr Bhandari under the new act, called the Black Money (Undisclosed Foreign Income and Assets) and Imposition of Tax Act, 2015. (Photo: PTI)

'Kala dhan' has now become 'jan dhan', claims MoS Finance Shukla

Over 99 per cent of the scrapped notes came back into the system, creating excess liquidity.

16 Jun 2018 2:49 PM IST

Finance minister Arun Jaitley listens to chief economic advisor Arvind Subramaniam as MoS (finance) Shiv Pratap Shukla looks on at the 22nd meeting of the GST council in New Delhi. (Photo: PTI)

Working to rationalise GST rates, says Shiv Pratap Shukla

The MoS Finance said a big announcement from the government regarding GST is imminent.

8 Jun 2018 12:00 PM IST

The Income Tax Department has detected undisclosed income of over Rs 10,000 crore in fiscal 2017-18, thus recording a 20 per cent surge over the previous fiscal.

Over 2 lakh non-filers filed IT returns in FY'18, paid Rs 6,416 cr tax

Collection of personal advance tax and personal self-assessment tax grew 23.4 per cent and 29.9 per cent respectively.

7 Aug 2018 6:01 PM IST