December 05, 2020 01:16 (IST)
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New Delhi/IBNS: The farmers protesting on the outskirts of Delhi against the Centre's three contentious agricultural laws have called a nationwide shutdown on Tuesday. | BJP makes big gains in GHMC election, ruling TRS emerges largest party | GHMC vote counting: TRS takes comfortable lead, BJP lags behind AIMIM | Mamata Banerjee speaks with protesting farmers lending support to farmers' protest | Coronavirus vaccine to be ready in next few weeks: PM Modi

Finance Ministry and UNDP India collaborate to pormote sustainable finance in India

New Delhi/IBNS: The Department of Economic Affairs, Ministry of Finance, Government of India and United Nations Development Programme (UNDP) India have launched the Sustainable Finance Collaborative (SFC). The three-day consultation was held with the objective of bringing together leading experts and organizations to work together to boost the country’s efforts on mobilizing sustainable and green finance.  

Indian Finance Ministry highlights positive changes under GST regime on Arun Jaitley's death anniversary

New Delhi/UNI: On the occasion of the first death anniversary of former Finance Minister Arun Jaitley on Monday, the Finance Ministry highlighted 'positive changes brought forth under the Goods and Services Tax (GST) regime.'

Indian financial year not being extended: Indian Government

New Delhi/IBNS: Refuting media reports, the Ministry of Finance has said India's financial year has not been extended till June this year when the nation is fighting against the COVID19 outbreak.

Autonomy of Reserve Bank is 'essential', says Centre

New Delhi, Oct 31 (IBNS):  The Indian government on Wednesday said the autonomy for the Central Bank, within the framework of the RBI Act, is an essential and accepted governance requirement. 

Additional borrowing of Rs 20,000 cr Govt Sec adequate to meet financing needs

New Delhi, Jan 17 (IBNS): The Union Ministry of Finance said on Wednesday that in December, the Central government had announced that it will raise additional market borrowing of Rs 50,000 crore through dated Government securities in the current financial year, 2017-18.

Apprehensions about negative effects of certain tax demand on the software industry baseless, says Union Finance Ministry

New Delhi, Dec 12 (IBNS): Apprehensions about the negative effects of certain tax demands on the Software Industry are without basis, the Union Ministry of Finance said in a release on Tuesday.

Union Finance Ministry says FY 2017-2018 Direct Tax collections up 15.8 per cent up to September, 2017

New Delhi, Oct 11 (IBNS): The Union Ministry of Finance said on Wednesday that the provisional figures of Direct Tax collections up to September, 2017 show that net collections totaled Rs. 3.86 lakh crore, which is 15.8 per cent higher than the net collections for the corresponding period of last year.

RBI to introduce Rs. 200 notes soon

New Delhi, Aug 23 (IBNS) : India is all set to get Rs 200 notes, for the first time ever as the Finance Ministry issued a notification on Wednesday making it a legal tender and paving the way for its circulation.

Government respects independence and autonomy of RBI, says Finance Ministry

New Delhi, Jan 14 (IBNS): The Ministry of Finance on Saturday said the government respected the 'independence and autonomy' of the Reserve Bank of India.

Indirect, direct tax collection up despite demonetisation says Finance Minister Arun Jaitley

New Delhi, Jan 9 (IBNS): Union Finance Arun Jaitley said on Monday that indirect and direct tax collection has gone up during the first three quarters of the current fiscal despite demonetisation in November, according to media reports.

Demonetisation: Over the counter exchange of old notes stopped from Thursday midnight

New Delhi, Nov 24 (IBNS): The over the counter exchange of old 500 and 1000 INR notes, which have been banned by the government in order to curb black money from the market, will be stopped from Thursday midnight, reports said.