The government is considering rolling out a special credit window for small firms
3 hours ago
A senior official in the finance ministry told TNIE that states have questioned the logic behind the Centre’s forcing them to arrange for vaccines on their own or import them at a higher rate.
11 May 2021
Despite multiple state government requests, sources say meet unlikely before end of May
30 Apr 2021
According to sources in the ministry, bankers had approached the Department of Financial Services seeking a bailout, or at least a way to share the burden.
23 Apr 2021
Officials say that while the government is more prepared than last year, the second wave is worse than anticipated.
22 Apr 2021
The official added that the issue will be discussed in detail next week, when Union finance minister Nirmala Sitharaman is likely to hold a meeting on the progress made on the divestment front.
11 Apr 2021
Officials say high proceeds from GST collection, prudent expenditure and better dividend from CPSEs came in handy
03 Apr 2021
The decision, announced a day before phase-2 voting in Bengal and Assam, drew widespread criticism. Sources said some BJP candidates, too, made calls to the PMO.
02 Apr 2021
Officials claimed that the apex direct tax authority CBDT, which is the policy making and cadre controlling arm, also has four out of six Member posts vacant at present.
18 Mar 2021
The Reserve Bank of India (RBI) and the finance ministry are at loggerheads over cryptocurrency.
17 Mar 2021
The government also raised the minimum default threshold for initiation of insolvency proceedings to Rs 1 crore from Rs 1 lakh to protect smaller companies from the impact of the pandemic.
12 Mar 2021
The government plans to hold at least 75 per cent of LIC’s equity for the first five years following the planned IPO
11 Mar 2021
The Centre had earlier proposed a new tax regime with more tax slabs and lower tax rates for taxpayers who agree to forego all deductions and exemptions available to them in the old tax regime.
09 Mar 2021
Many states unlikely to agree due to the impact on VAT revenues
07 Mar 2021
The central government has set its receipt target and with the revised fiscal deficit targeted at 9.5 per cent, of the GDP, the government is in no mood to go for any duty cut.
03 Mar 2021