Wednesday, April 17, 2024

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finance ministry

Modi ministers in five years – Finance and Corporate Affairs minister Arun Jaitley

A brief look at the achievements and initiatives of Finance and Corporate Affairs Minister Arun Jaitley

Economy doomed? Sensex touches all time high and govt collects highest ever GST in March

GST collection in March was highest, and BSE Sensex crossed the 39000 for the first time on April 1st

Gujarat Samachar creates panic by spreading lies about Unregulated Deposit Schemes Ordinance

Claims by section of media that Banning of Unregulated Deposit Schemes Ordinance will harm regular businesses is wrong and baseless, govt has clarified

Budget 2019: What can we expect?

Let us have a look at what we can expect from the Budget

Interim Budget vs Full Budget: All you need to know

An interim budget in all practical sense is a full budget but made by the government during the last year of its term i.e. just before an election. 

Government rubbishes media speculations about full budget, clarifies it will be presenting Interim Budget

The budget presented on February 1 will be interim budget, not full budget

Decline in gross NPA ratio of commercial banks, may decline further, says RBI in Financial Stability Report

RBI governor Shaktikanta Das has added that stress test results further indicate an improvement in NPA ratio but its current level remains still high for comfort.

Measures adopted by the Modi government paying off, the recovery against NPAs has doubled for public sector banks

As revealed under the Asset Quality Review (AQR), the NPAs have been piling up since 2008, during the tenure of the UPA government.

GST implementation enabled increased Household Savings as tax rates came down

GST implementation brought marked reduction in tax rates on various daily needs goods

Insolvency and Bankruptcy Code has led to recovery of Rs. 3 lakh crores of stressed assets in 2 years

More than 9,000 cases have come for redressal under the Insolvency and Bankruptcy Code (IBC) after it became fully operational in December 2016.

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