Norms of Aadhaar KYC are eased, not of the Change of Address in Aadhaar Norms of Aadhaar KYC are eased for opening of bank account and not for the change of address in Aadhaar, said the Department of Revenue (DoR), Ministry of Finance today while clarifying on Aadhaar KYC use with reference to its notification […]...
Read More
Government of India has noted that the Moody’s Investors Service has today changed the outlook on the Government of India’s ratings to negative from stable while keeping the foreign-currency and local-currency long-term issuer ratings unchanged at Baa2. ...
Read More
The Finance Minister, Smt. Nirmala Sitharaman had announced several short and long-term measures to boost economy on 23.08. 2019, 30.8.2019 and 14.09.2019.
Out of these a total number of thirty-two measures were announced on 23.08.2019 to boost the economy. Out of these, thirteen (13) announcements have been fulfilled....
Read More
CBI FILES CHARGESHEET AGAINST 14 ACCUSED PERSONS/COMPANIES INCLUDING PRIVATE COMPANIES & THEIR THEN DIRECTORS; THEN FINANCE MINISTER (FM) AND CERTAIN THEN OFFICIALS OF MINISTRY OF FINANCE (MOF)...
Read More
Finance Minister reviews performance of banks with top management of Public Sector Banks Discussions held on overall credit growth with focus on disbursements to key sectors to support the needs of economy Finance Minister reviews banking initiatives announced earlier with focus on credit growth, rate cut transmission and amalgamation Smt...
Read More
Ministry of Finance Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman’s Presentation on Measures to Boost Economic Growth Dated: 14 SEP 2019 Measures to Boost Economic Growth 14th September 2019 Ministry of Finance, Government of India Contained Consumer Price Inflation Consumer Price Inflation: India &...
Read More
The Steering Committee on Fintech related issues constituted by the Ministry of Finance, Department of Economic Affairs, today submitted its Final Report to Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman in her office in New Delhi....
Read More
Steering Committee on Fintech related issues submits its Final Report to Finance Minister The Steering Committee on Fintech related issues constituted by the Ministry of Finance, Department of Economic Affairs, today submitted its Final Report to Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman in her office in New D...
Read More
Bank Merger 1) Unlocking potential through consolidation, big banks with enhanced capacity to increase credit and bigger risk appetite, with national presence and global reach 2) Punjab National Bank, Oriental Bank of Commerce, and United Bank to be merged together. 3) Canara Bank and Syndicate Bank to be merged together 4) Union Bank, An...
Read More
Reform & Simplification –An Ongoing Endeavour Taxation – Ease of life for tax payers – Income tax, GST, Customs Prefilling of IT returns Faceless scrutiny from Vijaya Dashmi 2019 Reduction in GST returns and simplification of forms Refund process of GST simplified. Risk based approach in dealing with tax payers Labour laws Fixed...
Read More
