Gurgaon: An expert panel will be set up shortly to devise a strategy for consolidation of public sector banks as India needs stronger lenders rather than a "numerically large number" of them, Finance Minister Arun
New Delhi: The uplift of the poor, progress of farmers and employment for the youth will be the focus of the upcoming budget, Minister of State for Finance Jayant Sinha said in a Youtube post
New Delhi: To strengthen corporate governance, more changes might be required in the Companies Act as well as in the Sebi regulations for listed companies, Union Minister Jayant Sinha said on Tuesday."We are seeing major
Bhubaneswar: The non-passage of GST bill will be a blow to the Indian democracy, economy and the overall development process, Union Minister of State for Finance Jayant Sinha has said."We are very desirous to get
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: Government expects to mobilise about Rs 10,000 crore revenue in a full fiscal by levying Swachh Bharat Cess (SBC), Parliament was informed today."The government has not fixed any target for SBC during the
New Delhi: The central government is seeking a consensus on the vexed issue of levy of one percent additional tax for the proposed goods and services tax (GST), Minister of State for Finance Jayant Sinha
New Delhi: India has built multiple layers of defence to deal with a possible US Federal Reserve's first hike in interest rates in nine years, and RBI is very well prepared to deal with its
Hazaribagh: The people of Bihar will "defeat" the "arrogant" Chief Minister Nitish Kumar for allying with "condemned" parties like the RJD and Congress in the ensuing state Assembly elections, Union Minister of State for Finance
New Delhi:The Reserve Bank will take into account the domestic and global deflationary trend and take appropriate action on interest rate, Minister of State for Finance Jayant Sinha said today."We have to be very mindful
New Delhi: Sharpening focus on infrastructure development to boost growth, government will invest Rs 8.5 lakh crore in Indian Railways to change the face of the sector, minister of state for finance Jayant Sinha said
New Delhi: A bill providing for filing of cheque bounce cases at the place where a cheque is presented for clearance and not the place of issue, was approved by the Lok Sabhaon Thursday.The amendments
New Delhi: Bad loans at public sector banks have increased to Rs 2.67 lakh crore at the end of March 2015 from Rs 2.16 lakh crore a year ago, minister of state for finance Jayant
New Delhi: As part of its effort to widen the existing tax base, government has asked top Income Tax department officers to individually contribute at least three innovative ideas in this regard.A senior official said
Mumbai: Drawing parallels between the economy and a train, Minister of State for Finance Jayant Sinha today said the Modi government inherited a derailed passenger train, but has already converted it into a 'Rajdhani' and
Patna: India would leave China behind in terms of growth and development in the coming days, union Minister of state for finance Jayant Sinha said on Monday."In the coming days, India will leave China behind
The government is considering clarificatory amendments to the rules relating to Minimum Alternate Tax (MAT) for the benefit of foreign investors who have been battling tax demands worth Rs 40,000 crore.“Clarificatory amendments to MAT rules
New Delhi: The top 30 defaulters are sitting on bad loans of Rs 95,122 crore, which is more than one-third of the entire non-performing assets of public sector banks as on December 2014."As per data
New Delhi: The government is contemplating a host of measures to push stalled projects and deal with the problem of rising non-performing assets (NPAs) of banking sector, Minister of State for Finance Jayant Sinha has
Income tax refunds to the tune of over Rs 1.19 lakh crore is pending for the last three fiscals, starting 2012-13, Parliament was informed."Income-tax refunds amounting to Rs 1,19,964.13 crore relating to last three assessment
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