Finance news

The Budget for New India will energise the nation, says PM

Budget will empower the poor, give a boost to the farmer and an impetus to economic growth: PM 12 crore farmers and their families, 3 crores middle class taxpayers will be directly benefitted: PM Farmers having land under 5 acres will be greatly helped by the PM Kisan Nidhi Unorganised sector’s interests to be safeguarded more by the ...

Read More
Posted Under: Finance |

FM: India now 6th largest economy in world with high growth

FM: India now 6th largest economy in the world with high growth  Fiscal deficit down to 3.4%; average inflation 4.6% FDI of USD 239 BN in five years Banks recover Rs 3 Lakh Crores in outstanding loans  Under the leadership of the Prime Minister,  Shri Narendra Modi, the country has witnessed its best phase of […]...

Read More
Posted Under: Finance |

Government takes several measures to strenghthen MSMEs

Government takes several measures to strenghthen MSMEs  Gem platform extended to all CPSES Government undertakings to procure a fixed proportion of materials from women owned SMEs The Government has taken several measures to strengthen the Medium Small and Micro Enterprises (MSMEs). While a Scheme of sanctioning loans upto Rs. 1 crore in...

Read More
Posted Under: Finance |

Rs. 1330 Crore provided in Budget 2019 for Women Protection & Empowerment

Rs. 1330 Crore provided in the Interim Budget 2019-20 for the Mission for Protection and Empowerment for Women  An amount of Rs.1330 Crore has been provided in the Interim Budget for 2019-20 for the Mission for Protection and Empowerment for Women. This is an increase of Rs. 174 Crore over the Revised Estimates of 2018-19 […]...

Read More
Posted Under: Finance |

Fiscal deficit pegged at 3.4% of GDP for 2019-20

Fiscal Programme for 2019-20 and beyond  Fiscal deficit pegged at 3.4% of GDP for 2019-20 In 2019-20 be, total expenditure rises by 13.30% over 2018-19 re 35.6% increase in allocation for welfare of SCs, 28% for STs Disinvestment target of Rs. 90,000 Crore set for 2019-20  The Interim Budget 2019-20 has pegged the fiscal deficit for t...

Read More
Posted Under: Finance |

Government proposes to launch mega pension yojana

Government proposes to launch mega pension yojana ‘Pradhan Mantri Shram-Yogi Maandhan’ for unorganised sector workers with monthly income upto Rs. 15,000; 10 Crore Labourers and workers in the sector to be benefitted  The Government proposes to launch a mega pension yojana namely ‘Pradhan Mantri Shram-Yogi Maandhan̵...

Read More
Posted Under: Finance |

Government allocates Rs. 64,587 Crore for Railways in 2019-20 

Government allocates Rs.64,587 Crore for Railways in 2019-20  Infra allocation for north eastern areas increased by 21% to Rs. 58,166 Crore in 2019-20  In the Interim Budget 2019-20, the Railways has been allocated Rs.64,587 crore.  The Railways’ overall capital expenditure programme is of Rs.1,58,658 crore.This was stated by the Uni...

Read More
Posted Under: Finance |

Piyush Goyal made temporary finance minister

Union Minister Shri Piyush Goyal, temporarily assigned charges of Minister of Finance and Minister of Corporate Affairs in addition to his existing portfolios. President’s Secretariat PRESS COMMUNIQUÉ Posted On: 23 JAN 2019 The President of India, as advised by the Prime Minister, hereby directed that during the period of indisposi...

Read More
Posted Under: Finance |

Year End Review – 2018- Ministry of Finance 

The Indian Government has made significant strides in the last 4 years in taking India to new heights in terms of the welfare of the citizenry, the overall structure& growth of the economy, and creating a strong presence as an emerging global power. To fuel such achievements, the Government has worked tirelessly for shouldering a [&he...

Read More
Posted Under: Finance |

Govt moves to enhance bank recapitalisation outlay to Rs. 106000 crore

Government today moved proposal in Parliament for enhanced bank recapitalisation outlay from Rs. 65,000 crore to Rs. 1,06,000 crore in the current financial year to propel economic growth, cementing India’s position as the fastest growing economy of the world. This would enable infusion of over Rs. 83,000 crore in the coming few months ...

Read More
Posted Under: Finance |

Browse All Categories

CA, CS, CMA (4,057)
Company Law (4,466)
Custom Duty (7,218)
DGFT (3,870)
Excise Duty (4,184)
Fema / RBI (3,622)
Finance (3,841)
Income Tax (29,153)
SEBI (3,061)
Service Tax (3,431)