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Finance Ministry
Business  /  Published 13.05.20

Tax breaks, easier loans & act of God

MSME definitionAs part of the changes, the definition of MSMEs has been redefined so that if they grow in size they can still reap the benefits of government schemes. The investment limit which define...
By Paran Balakrishnan in New Delhi

India  /  Published 25.04.20

Manmohan Singh slams govt over dearness allowance freeze

Former prime minister Manmohan Singh has slammed the government over freezing of dearness allowance, asserting that it was not necessary at this stage to impose hardships on government servants and ar...
By PTI in New Delhi

Business  /  Published 23.04.20

Freeze on DA to mop up Covid fund

The government on Thursday froze inflation-linked allowance for its 1.1 crore employees and pensioners, a move states are likely to replicate, helping save a combined Rs 1.2 lakh crore that could be u...
By PTI in New Delhi

Business  /  Published 23.04.20

Markets maintain uptrend on hopes of stimulus package

Equity benchmarks marched higher for the second day on Thursday, helped by IT and banking stocks, as hopes of another stimulus package from the government bolstered investor sentiment amid the coronav...
By PTI in Mumbai

Business  /  Published 07.02.20

GST rate rejig meet

The GST Council is expected to meet at the end of this month on the restructuring of rates, including a three-slab structure.Finance ministry officials said they were reviewing the rates, with an opti...
By R. Suryamurthy in New Delhi

Business  /  Published 07.02.20

Claim of 80% shift to new tax

The finance ministry expects at least 80 per cent of taxpayers to shift to the new income tax regime that was announced early this month, revenue secretary Ajay Bhushan Pandey said here on Friday. In ...
By Our Special Correspondent in Mumbai

Business  /  Published 28.01.20

Bankers get cover for loan decisions

The finance ministry on Tuesday announced a number of measures to instill confidence among bankers in sanctioning loans for projects, which have come to a grinding halt because of fear of harassment b...
By Our Special Correspondent in New Delhi

India  /  Published 20.01.20

'Halwa ceremony' starts process of printing Budget documents

Union finance minister Nirmala Sitharaman, minister of state for finance Anurag Thakur and senior officials of the ministry of finance on Monday participated in the symbolic 'Halwa Ceremony' that mark...
By PTI in New Delhi

India  /  Published 09.11.19

Home bailout package confusion

A day after the Narendra Modi government announced a Rs 25,000-crore financial package to lay the foundations for the revival of the stress-ridden real estate sector, confusion prevailed over how the ...
By Sambit Saha in Calcutta

Business  /  Published 01.11.19

GST collection declines to Rs 95,380 crore in October

The Goods and Services Tax (GST) collection in October declined for the third consecutive month and could not cross the Rs 1 lakh crore mark despite it being a festival month.In October, GST collectio...
By PTI in New Delhi


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