The two revenue collection arms of the central government--the CBDT and CBEC--will jointly hold their annual brainstorming session for the first time later this month which will be inaugurated by Prime Minister Narendra Modi.
Finance Minister Arun Jaitley has dismissed the possibility of any federal front posing a challenge to the BJP, saying a vacuum in the opposition caused by the weakening of Congress cannot be filled by an alliance of regional
India is looking to start a "significant" fund that will invest in distressed loans held by lenders, the country's junior finance minister said on Tuesday, as regulators strive to clean-up non-performing loans in the struggli
In a first of its kind of exercise to gauge the public mood, the Finance Ministry today invited people to vote on Twitter for the group they want the Budget 2016-17 to focus more on farmers, middle class, women or the underpr
The new Bilateral Investment Treaty (BIT), which will be used as a model for negotiating and renegotiating investment pacts with countries, will ensure that no decision taken by the government with regard to taxation matters
The government last night said it will roll out Direct Benefit Transfer (DBT) for kerosene from April 1 where the users will buy the cooking fuel at market rate but will get financial support directly in their bank accounts.
States will have more room to borrow this financial year with the Ministry of Finance expected to soon approve relaxation of their borrowing limits beyond 3 per cent of Gross State Domestic Product (GSDP), subject to conditio
In a bid to give stakeholders sufficient time to study the plan, the Finance Ministry has extended the deadline to give comments on the roadmap for corporate tax exemption by over three weeks till December 31.
With the fear that disinvestment revenue this fiscal could be less than Rs 30,000 crore as against the ambitious target of Rs 69,500 crore, the finance ministry may determine a rational target for sale of government stake in
The Finance Ministry is considering a proposal to raise investment limit of pension funds in stock markets to 50 per cent and a decision is expected in a short time, PFRDA Chairman Hemant G Contractor has said.