Finance Ministry

After reviewing the cash position, the Government of India, in consultation with Reserve Bank of India (RBI), has decided to notify the amounts for the issuance of Treasury Bills for the quarter ending March 2016 as under: The…

It is the endeavour of the Income tax Department to digitise various functions of the Department for providing efficient taxpayer services. As another significant step in this direction, electronic filing of appeal before CIT(Appeals) is…

The Government of India, Ministry of Home Affairs, with the approval of Department of Expenditure, Ministry of Finance has sanctioned 4227 additional posts in Delhi Police. The additional posts are for the purpose of separation of crime…

As per preliminary reports received from the States, the total area sown under Rabi crops as on 23rd    December, 2015 stands at 520.07 lakh hectares. Wheat has been sown/transplanted in 259.37 lakh hectares, pulses in 125.95 lakh…

Government of India have announced the Sale (re-issue) of (i) “7.35 per cent Government Stock 2024” for a notified amount of ` 2,000 crore (nominal) through price based auction, (ii) “7.88 per cent Government Stock 2030” for a notified…

The Report of the Committee on Revisiting & Revitalising the PPP model of Infrastructure Development chaired by Dr. V. Kelkar has been issued and also uploaded on the Ministry of Finance’s website (finmin.nic.in). In the Union Budget…

The Union Government’s Finance and Appropriation Accounts for 2014-15 along with the Audit Report of the Comptroller & Auditor General (CAG) of India were presented in Parliament on Wednesday. This is the second time since…

The Government is committed to curbing the circulation of black money and widening of tax base. To collect information of certain types of transactions from third parties in a non-intrusive manner, the Income-tax Rules require quoting of…

Raghuram Govind Rajan, Chief Economic Advisor in the Finance Ministry, will take over as the new RBI Governor today at a time when Indian Economy is struggling to find its rhythm. Rajan took charge from Duvvuri Subbarao. He will be at the…