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Wednesday, January 20, 2021
Tags Finance Ministry

Tag: Finance Ministry

New rule for importers to get FTA concessions; industry raises concern

Beginning Monday, importers require to provide proof of 35 per cent value extension in goods from the nation of origin to allege duty permits...

GST reduced tax rates, doubled taxpayer base to 1.24 Cr

The Finance Ministry on Monday said GST has reduced the rate at which people have to pay tax, helped increase compliance, and doubled taxpayer...

PSBs Privatization: Public Sector Banks can be brought down to 4 from 12 now, via privatization or consolidation!PSBs shouldn’t be privatized, reduce govt stake...

On Wednesday, Tuhin Kanta Pandey, the secretary of the department of investment and public asset management (DIPAM) said that the new policy proposed by the...

India BANS Chinese firms from getting govt contracts

The Union Ministry of Finance, in a late-night advancement on Thursday, made a significant revision in its public finance laws decided to banish all...

Tax Exemption On NPS Tier-2 Account Of Central Government Employees.

Central employees have got another option of tax saving. The Finance Ministry has also decided to exempt tax on Tier-2 accounts of National Pension...

Finance Ministry Of India Asks States To Ensure The Safety Of Bank Workers.

The Finance Ministry has requested the states to ensure the security of bank officials and take strict action against the culprits after the recent...

Finance Ministry May Review The Capital Requirements Of Public Sector Banks.

The Finance Ministry will review the capital needs of public sector banks after the second quarter of the current financial year i.e. By then...

Government Plans To Offer Big Tax Exemptions To Companies To Bring In New Investments

The government is taking several steps to strengthen the economy that has been torn down by the coronavirus epidemic. In this direction, the Ministry...

No Proposal Of Salary Cuts For Government Employees, Says Finance Ministry

The Finance Ministry on Monday clarified that the government has no plans to cut the current salary of the central government employees. The Ministry...

Finance Ministry Proposes RBI’s Data Localisation Directive Be Relaxed

After the RBI’s directive to payment system operators in the country to store data within India, the finance ministry has now proposed relaxing the directive. Reports...
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