Subhash Chandra Garg

Nothing wrong in replacing Rs 2,000 notes with smaller ones: Ex-Finance Secretary Subhash C Garg

Earlier this month, Garg in a blog had claimed that a large chunk of Rs 2,000 currency notes have been hoarded by people and are not in circulation.

published on : 29th November 2019

'Ban Rs 2000 notes', says former finance secy Garg; warns against 'quick fixes' to reverse low growth 

'A good chunk of Rs. 2000 bank-notes which accounts for approximately a third of India’s currency notes by value, are actually not in circulation, having been hoarded,' said Garg.

published on : 8th November 2019

Former Finance Secretary Subhash Chandra Garg calls transfer to Power Ministry 'punishment posting' 

Subhash Chandra Garg had applied for voluntary retirement in July after he was shifted from the Department of Economic Affairs to the Power Ministry.

published on : 1st November 2019

Coal shortage risking Rs 5 lakh crores investment in thermal plants: Power Secretary

Power secretary Subhash Chandra Garg on Tuesday called for opening up India’s coal mining segment to global commercial mining players.

published on : 25th September 2019

Rajiv Kumar appointed as new Finance Secretary

Rajiv Kumar, Secretary in the Department of Financial Services, will take place of  Subhash Chandra Garg.

published on : 31st July 2019

Transfer of finance secretary is not enough for errors in Budget: Yechury

Subhash Chandra Garg, who was Finance Secretary, was shifted to the Power Ministry on July 24 as part of a major bureaucratic reshuffle by the government.

published on : 28th July 2019

Jalan committee report likely to be delayed

Finance secretary Subhash Chandra Garg’s transfer to the Power Ministry may see the panel consult RBI again.

published on : 27th July 2019

Garg says none in government questioned offshore bonds issue when he was DEA Secretary

The Prime Minister's Office (PMO) has asked the finance ministry to reconsider the plan and instead look at issuing rupee-denominated bonds instead of foreign currency bonds.

published on : 26th July 2019

Subhash Chandra Garg takes over as new Power Secretary

An interaction of Garg with media is scheduled later on Friday. Garg was in charge of the Department of Economic Affairs (DEA), and was designated the Finance Secretary.

published on : 26th July 2019

Out of finmin, finance secretary Subhash Chandra Garg seeks retirement

A 1983 IAS officer of the Rajasthan cadre, he was appointed World Bank Executive Director in 2014.

published on : 26th July 2019

Proposed ban on private cryptocurrencies 'backward looking', say experts

The panel headed by Economic Affairs Secretary S C Garg, recommended banning of private cryptocurrencies and criminalising any activities related to virtual currencies.

published on : 23rd July 2019

No change in dividend distribution tax

In the Budget, the government taxed the buyback route to check dividend distribution tax evaders.

published on : 12th July 2019

FinMin to look into applicability of 20% tax on share buybacks by listed cos

Nirmala Sitharaman in her 2019-20 Budget speech proposed to provide that listed companies shall also be liable to pay additional tax at 20 per cent in case of share buyback.

published on : 12th July 2019

India's first Sovereign Bond float in October-March period: Finance Secretary Subhash Chandra Garg

On the Rs 5 lakh crore target for 2024-25, Garg said it will include 12 per cent nominal growth for a five-trillion-dollar economy by 2024-25.

published on : 7th July 2019

Government assessed smuggling dimension while raising import duty on gold: Finance Secretary

The gems and jewellery industry has expressed disappointment with the Union Budget 2019-20, saying that the increase in customs duty will encourage grey market.

published on : 7th July 2019
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