Friday, May 27, 2022


finance ministry

Digital Rupee will be backed by RBI, other cryptocurrencies will never be legal tenders: Finance Secretary

The Finance Secretary has confirmed that the Digital Rupee backed by RBI will be only legal digital tender in country

Budget 2022: Govt plans to reimagine our cities as ‘centres of sustainable living’, pushes for urban planning

Earlier during Modi Government 1.0, the government had announced the Atal Mission for Rejuvenation and Urban Transformation (AMRUT) to facilitate Urban Transformation along with the Smart Cities Programme in 2015.

Union Budget 2022-23: MSME sector gets a boost, more focus on skilling and entrepreneurship, credit line extended

In her speech, the Finance Minister said that the government has decided to roll out RAMP, an initiative to revitalise the MSME sector

Deposits in Jan Dhan Yojana bank accounts surpass the Rs 1.5 trillion mark, was at Rs 1 trillion in August 2019

Deposits in Jan Dhan accounts, which was introduced roughly seven and a half years ago, have surpassed Rs 1.5 lakh crore

Finance ministry approves capital expenditure projects worth Rs 2,903.80 crore in eight states

Ministry of Finance approved capital projects worth Rs. 2,903.80 crores in 8 states under the "Special Assistance to States" scheme

Banks suffer due to bad loans, then economy suffers as banks lend less – Read how ‘Bad Bank’ will break this vicious cycle

NARCL is intended to resolve stressed loan assets above ₹500 crore each amounting to about ₹2 lakh crore in total

Finance Ministry summons Infosys CEO over persistent glitches in the Income Tax portal even after 2.5 months

Salil Parekh has been called to appear before the Ministry of Finance on August 23, Monday, to explain to Finance Minister Nirmala Sitharaman over the technical glitches on Income Tax website

Indirect Tax Dept deletes tweet about hosting actress Taapsee Pannu, an accused in tax evasion case, to talk about ‘drug abuse’ in webinar

In March this year, the Income Tax Department had carried out raids at premises of Taapsee Pannu and her colleague filmmaker Anurag Kashyap over unaccounted cash.

Finance Ministry introduces bill to withdraw retrospective tax and refund collected amounts, says the tax is a sore point for investors

Finance ministry to amend the Income Tax Act, 1961 to remove the provisions of retrospective tax introduced by UPA govt in 2012.

Union Government announces ₹15,000 crore interest-free 50 year loan for states to spend on capital projects

Union Govt to provide an additional amount upto Rs 15,000 crore to states as interest-free 50-year loans for capital projects

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