Finance Ministry

New-Delhi: The government has appointed Indian Administrative Service (IAS) officer Tuhin Kanta Pandey as Finance Secretary. Mr Pandey replaces TV Somanathan, who has been appointed as the new Cabinet Secretary of India, succeeding Rajiv…

New-Delhi: Rasmi Ranjan Das, an Odia Indian Revenue Service (IRS) officer and also a Joint Secretary in the Ministry of Finance, is among a distinguished group of 25 tax experts from around the world appointed as members of the UN tax…

New Delhi: The Finance ministry has released an amount of Rs 8,923.8 crore to 25 States as grants to the Rural Local Bodies (RLBs). The grants are meant for all the three tiers of Panchayati Raj Institutions - village, block and…

New Delhi: Finance Ministry has decided to provide an additional amount of up to Rs 15,000 crore to states as interest free 50-year loan for spending on capital projects. The Department of Expenditure has issued fresh guidelines in this…

New Delhi: The Department of Personnel and Training (DoPT) has approved a change in the nomenclature of the Indian Revenue Service (IRS). The approval of the Revenue Department under the Finance Ministry had been sought for the change in…

New Delhi: Finance Ministry has released the 14th weekly instalment of Rs 6,000 crore to the states on Wednesday to meet the GST compensation shortfall. Out of this, an amount of Rs 5,516.60 crore has been released to 23 states and an…

New Delhi: The government of India will give a discount of Rs 50 per gram under its gold bond scheme to investors who apply online and the payment is made through digital mode. As per a statement from the Finance Ministry, for investors…

New Delhi: The Finance Ministry may soon have a decision to make, whether to encourage retail investors participation in the stock market through direct trading or to discourage them as seems to be the case with recent diktats on margins…

Bhubaneswar: While the entire nation is feeling the brunt of Covid-19, government is providing ration and financial assistance to the poor and farmers. The government is directly crediting Rs 2000 in each beneficiary’s account under PM…

New Delhi: The Finance Ministry is unlikely to give consent to any cut in the licence fee and the spectrum usage charges (SUC) for relief to telcos to meet adjusted gross revenue (AGR) dues, due to its own revenue position and economic…