Finance Ministry(Search results - 28)
IndiaApr 1, 2021, 5:02 PM IST
GST collections for the month of March stand at an all-time high of Rs 1.23 trillion
As per the Indian finance ministry, the GST collections for the month of March stood at an all-time high of Rs 1.23 trillion
IndiaDec 9, 2020, 2:01 PM IST
For 190 million EPF account holders, here’s some good news! EPFO to pay 8.15% interest
Here's some good news for private sector employees. The Employees’ Provident Fund Organisation is likely to declare interest rate of 8.5 per cent on their EPF savings for the financial year 2019-20 at one go
IndiaOct 5, 2020, 12:52 PM IST
COVID-19: Finance ministry sanguine about reforms, hopes it helps in long-term growth
A finance ministry report says that reforms undertaken during the pandemic will help sustain long-term growth
IndiaJul 7, 2020, 5:32 PM IST
Anurag Singh Thakur optimistic about Atmanirbhar Bharat having a multiplier effect
The Finance Ministry is swiftly implementing various schemes announced under the Rs 20.97 lakh crore Atmanirbhar Bharat Abhiyan package which is going to have a multiplier effect on the Indian economy, Minister of State for Finance Anurag Singh Thakur said on Tuesday
IndiaJun 3, 2020, 4:53 PM IST
About 42 crore poor people receive financial assistance of Rs 53,248 crore under PM Garib Kalyan Package
The finance ministry has said about 42 crore poor people have received financial assistance of Rs 53,248 crore under Pradhan Mantri Garib Kalyan Package
PoliticsDec 30, 2019, 4:21 PM IST
Indian Economy Will Rebound Soon; Current Slowdown Cyclical: Vice President of India
The Vice President of India, M Venkaiah Naidu expressed confidence that the Indian economy would rebound in the near future saying that the current slowdown was cyclical. Inaugurating the 102nd annual conference of the Indian Economic Association on December 27th, he said it was true that the Indian economy was facing some challenges due to the decline in growth this fiscal. However, he said the country had faced similar slumps in the past in the wake of the East Asian financial crisis and global slowdown but bounced back with a higher growth rate every time.
PoliticsNov 20, 2019, 7:06 PM IST
Government Eased Norms of Aadhaar KYC For Opening of Bank Account
People usually use the Aadhaar card as one of the KYC (Know Your Customer) documents to open a new bank account because it can be used both as address and photo proof. There are many cases where people may have their address in Aadhaar and want to give a more functional address for KYC. It will help migrant workers who have the address of their native place in Aadhaar but want a bank account with their current address where they are living for work,’ the finance ministry said in a statement.
EconomyAug 17, 2019, 5:02 PM IST
Finance ministry seeks help of public sector banks to achieve $5 trillion economy
According to a communication by the finance ministry to the heads of Public Sector Banks (PSBs), it will be a bottom-up consultative process from the branch level onwards which will involve discussions at the branch or regional level, state level and national level
EconomyJul 10, 2019, 6:04 PM IST
Jan Dhan accounts: Deposits cross Rs 1 lakh crore; number of zero balance accounts decline
The accounts opened under the Jan Dhan scheme have crossed over Rs 1 lakh crore. This was revealed as per the latest finance ministry data.
IndiaJun 1, 2019, 5:51 PM IST
Modi 2.0: Finance ministry tightens noose around high profile suspects, Praful Patel first to face heat
The Enforcement Directorate (ED), which comes under the finance ministry, has summoned senior Nationalist Congress Party (NCP) leader and former aviation minister Praful Patel to join the investigation on 6th June.
IndiaApr 13, 2019, 4:53 PM IST
Former IL&FS MD Ramesh Bawa arrested for default
Bawa had resigned as the CEO and MD of IL&FS Financial Services in September last year amid the allegation of defaults in loan payment and corporate governance issues.
IndiaMar 7, 2019, 7:20 PM IST
India to get dodecagon Rs 20 coin soon, announces finance ministry
The finance ministry issued a gazette announcing the release of new Rs 20 coins in India. However, the government has not announced the exact date for the issuance of these new series of coins.
NewsFeb 17, 2019, 6:17 PM IST
Pakistan can't even take care of its own economy and it keeps on attacking India
Pakistan’s debt and liabilities are currently equal to 86.4% of its gross domestic product (GDP) — a ratio considered unsustainable for the country. The finance ministry ends up spending 36% of the total budget to repay the public debt.
IndiaJan 5, 2019, 2:09 PM IST
Home, finance ministries rejected highest number of RTI applications, says CIC report
According to the CIC report, in 51% cases of RTI rejections, the reason for rejecting the disclosure of information is Section 8(1). This section is being used by the government when information can affect country's security, economic interest, trade secrets, etc