FM Withdraws Interest Rate Cut Order on PPF
The Finance Ministry has withdrawn its decision to slash interest rates on small savings schemes like the Public Provident Fund (PPF) and the National Savings...
Tag : Finance ministry
Niti Aayog Leaves 6 PSBs Out of Privatization Plan
The United Forum of Bank Union (UFBU), an umbrella body of nine bank unions, has called for a two-day nationwide strike on March 15 to...
Govt Flags SBI-HDFC Bank-Bank of Baroda’s NUE Plan to Rival NPCI
The finance ministry has raised issues over’s plan to arrange a three-way partnership with Ltd. and underneath the central financial institution’s new umbrella entity (NUE)...
SC Asks CBDT to Decide on IT Relief to NRIs
The Supreme Court on Wednesday directed the Central Board of Direct Taxes (CBDT) to decide within three weeks on reliefs to be granted to Non-Resident Indians on...
FM Sitharaman Holds Pre-Budget Meeting with State FMs
As part of pre-Budget deliberations, Finance Minister Nirmala Sitharaman on Monday held a meeting with state finance ministers who suggested steps to revive growth and boost revenue...
Govt to Impose New Tariffs on Import of Solar Cells and Modules
India plans to impose new tariffs on imports of solar cells and modules from 1 April 2022, power and renewable energy minister Raj Kumar Singh...
Govt Approves Brookfield’s Purchase of Reliance Telecom Tower Assets
Familiar sources mentioned that the Government of India has approved Brookfield Asset Management Inc’s proposal for an acquisition of a 252 billion rupees ($3.4 billion) stake in...
IT Dept Issues More Than Rs 88,000 Crore Refund This Financial Year
Today, the income tax department said that refunds worth more than Rs 80,000 crore have so far been issued to 24.64 lakh taxpayers during the...
No Pay Cut for Central Govt Employees: Finance Ministry
Amid reports that the central government might impose pay cuts on some categories of central government employees to ease pressure on government’s expenditure during the...
Yes Bank Account Holders Could To Be Withdraw Rs 5 Lakhs
According to Reserve Bank of India (RBI) over the lender’s Financial health, Yes Bank account holders cannot withdraw more than Rs 50,000 for a month....