New Delhi: More than 55 percent of the 28.77 million individual assesses in India who filed their returns for 2012-13 paid zero tax, while three at the top-end had to shell out as much as
Finance Ministry today said that a strict investigation into 'Panama Papers' is on to find out if illegal activities have taken place in overseas Indian accounts
New Delhi: The finance minister said stand on crucial economic legislations should not depend on where one sits in Parliament. "For instance, I am faced with a reversal of position when I accept some
The government has now directed all government-owned banks to immediately invoke personal guarantees of promoter directors and reco
New Delhi: The Special Investigation Team (SIT) on black money has asked the Directorate of Revenue Intelligence (DRI) to probe if $505 billion (approximately Rs 34.5 lakh crore) were sent out of India during 2004-13,
New Delhi: Terming the 7.6 per cent growth projection for current fiscal as "noteworthy and very significant" amidst global turmoil, Finance Ministry today said the government is keeping a close watch on developments and is
New Delhi: Finance Minister Arun Jaitley will on February 4 inaugurate the two-day India Investment Summit, which is aimed at attracting long-term foreign investors into the infrastructure sector.During the summit, Jaitley will also unveil the
New Delhi: The government is hopeful of resolving today issues related to stuck highway projects worth Rs 40,000 crore, and in case some problems still persist then the PMO and the Finance Ministry will look
New Delhi: In order to attract investments in infrastructure sector, the Finance Ministry will organise a two-day India Investment Summit from February 4, which would see the participation of various global investors."India Investment Summit organised
New Delhi: Bureaucrats can go on a maximum four overseas trips in a year, according to a Finance Ministry guideline which says that Secretaries should undertake foreign travels only when no one else can be
New Delhi: Finance minister Arun Jaitley will present the Union Budget for the year 2016-17 on February 29, Minister of State for Finance Jayant Sinha said today.This will be the second full-year budget for the
New Delhi: “Stop being Narad Muni, start being finance minister” was Congress's advice to Arun Jaitley on Wednesday in response to his criticism that the party leadership and not the party was responsible for the
Mumbai: The Reserve Bank of India (RBI) does not have a clear guideline regarding the printing of different titles on the currency note of Re 1 and that of other denominations, reply to an RTI
New Delhi: Finance Ministry has rejected the request of Railways for Rs 32,000 crore as revenue grant, sought to tide over the impending impact of the 7th Pay Commission recommendations on the public transporter.In a
New Delhi: Bowing down to pressure, the Reserve Bank of India has agreed to share relevant extracts of its banks' inspection reports with a central economic intelligence wing to help it check money laundering and
New Delhi: Railways has sought a financial grant of about Rs 32,000 crore from the Finance Ministry to tide over the impending impact of 7th Pay Commission recommendations on the public transporter.In a letter to
New Delhi: Taking its 'name and shame' campaign up a notch, the Income Tax (IT) department today published a third list of 18 tax defaulters with their names and addresses among other details. The total dues of
New Delhi: After Aam Aadmi Party (AAP) government, the BJP-led NDA government is mulling to double the salaries and allowances of Members of Parliament (MPs).According to an Indian Express report, the government has proposed increasing
New Delhi: The Indian economy could register an over twofold growth if the current growth rate is sustained, Minister of State for Finance Jayant Sinha said in New Delhi today."If we grow at 7 per
New Delhi: The draft model law on Goods and Services Tax (GST) will be finalised in a month's time, a top finance ministry official on Tuesday said."We are also working on draft GST model law.
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