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ministry of finance

Latest Articles


Investment in Share Market: Fundamental V/S Technical

Finance : Ever wondered what is the difference between Fundamental and Technical approaches to Stock Picking? Is Technical Analysis a form o...

July 16, 2021 4179 Views 0 comment Print

The Illusion of Return on Investment

Finance : In March 2020, when we had a market crash due to Covid-19, there were many people & articles talking about Market are under-pe...

July 14, 2021 2328 Views 3 comments Print

Where to Invest Money in India Now – Booming Market & Money Making

Finance : General believe lies among several goes saying Stock Market is very unstable, turbulent, uncertain, gamble and nobody likes taking...

July 8, 2021 2676 Views 1 comment Print

FM releases COVID Relief Package to boost economy: A Liquidity Lifeline

Finance : Welcome Announcements by Finance Minister to boost COVID affected sectors: Healthcare, Tourism, Exports, Job Creation In a bid to ...

June 29, 2021 1776 Views 0 comment Print

Financial Assistance Schemes for Electronic Component Manufacturers

Finance : Financial Assistance for Electronic Component Manufacturers PLI SCHEME – AN OVERVIEW Production Linked Incentive Scheme (PLI) fo...

June 29, 2021 1464 Views 0 comment Print


Latest News


Nirmala Sitharaman Takes Office as Finance and Corporate Affairs Minister

Finance : Smt. Nirmala Sitharaman assumes office as Union Minister for Finance & Corporate Affairs, pledges commitment to 'Ease of Living' a...

June 12, 2024 441 Views 0 comment Print

Services Contributed Over 50% To GDP

Finance : SERVICES CONTRIBUTED OVER 50% TO GDP SECTOR WITNESSED 10.8% GROWTH DURING FIRST HALF OF 2021-22 8.2 % GROWTH EXPECTED IN OVERALL S...

January 31, 2022 717 Views 0 comment Print

DGGI refutes speculative media reports in case of ‘Odochem Industries’

Custom Duty : DGGI refutes multiple speculative media reports in case of M/s Odochem Industries; sets the record straight on facts In the contex...

December 30, 2021 501 Views 0 comment Print

Public Debt Management Quarterly Report for July – September 2021 (Q2 FY22)

Finance : Since Apr-June (Q1) 2010-11, Public Debt Management Cell (PDMC) (earlier Middle Office), Budget Division, Department of Economic A...

December 28, 2021 1317 Views 0 comment Print

FM concludes pre-Budget meetings for forthcoming Union Budget 2022-23

Finance : Finance Minister Smt. Nirmala Sitharaman concludes pre-Budget meetings for forthcoming Union Budget 2022-23 More than 120 invitees...

December 23, 2021 573 Views 0 comment Print


Latest Judiciary


Kerala HC Grants Stay on Income Tax Recovery Pending Final Order

Income Tax : Kerala High Court's stay order halts income tax recovery until final decision. Read the full text of the judgment/order here....

April 3, 2024 486 Views 0 comment Print

Service Tax on Renting of Immovable Properties- AP High Court stays retrospective amendment

Service Tax : TRENT Ltd and Future Value Retail Ltd have challenged before the AP High Court, the service tax with retrospective effect on rent...

June 7, 2010 696 Views 0 comment Print


Latest Notifications


Income Tax Notification No. 13/2024: Summoning Witnesses for Departmental Inquiry

Income Tax : Explore Notification No. 13/2024 by the Ministry of Finance, Central Board of Direct Taxes. Learn about the summoning of witnesses...

January 19, 2024 1092 Views 0 comment Print

Contingency Fund of India (Amendment) Rules, 2021

Finance : An amount equivalent to forty per cent of the Fund corpus shall be placed at the disposal of the Secretary, Ministry of Finance, D...

October 4, 2021 4857 Views 0 comment Print

Initiation of sunset Review investigation on imports of Toluene Di-isocyanate

Custom Duty : Case No. AD (SSR) - 20/2021 Initiation of sunset Review investigation concerning imports of Toluene Di-isocyanate (TDI), originati...

August 27, 2021 435 Views 0 comment Print

CBDT designates Special Court for Meghalaya under Section 280A & Black Money Act

Income Tax : Notification No. 88/2021-Income Tax | Dated 04.08.2021 – High Court of Meghalaya, hereby designates the court of the senior ...

August 4, 2021 471 Views 0 comment Print

Tariff Notification No. 63/2021-Customs (N.T.), Dated: 30.07.2021

Custom Duty : Tariff Notification No. 63/2021-Customs (N.T.), Dated: 30.07.2021 in respect of Fixation of Tariff Value of Edible Oils, Brass Scr...

July 30, 2021 687 Views 0 comment Print


Year End Review – 2018- Ministry of Finance 

January 4, 2019 807 Views 0 comment Print

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 […]

The Fiction of Loan Waiver to Capitalists: FM Clarifies

November 29, 2017 1830 Views 1 comment Print

Over the last few days, a rumor is being propagated regarding waiver of loans of capitalists by banks. Time has come for the nation to be apprised of facts in this regard.

RBI allows deposit of demonetised notes confiscated before 30.12.2016

May 12, 2017 2661 Views 0 comment Print

Where specified bank notes have been confiscated or seized by a law enforcement agencies or produced before a court on or before the 30th day of December 2016, such specified bank notes may be tendered, at any office of the Reserve Bank specified under subsection (1) of section 4 of the Act or a nationalised bank designated by the Reserve Bank for the said purpose, for deposit in a bank account or exchange of the value thereof with legal tender,

Govt mandates Aadhaar for Atal Pension Yojana

May 11, 2017 804 Views 0 comment Print

An individual eligible for receiving the benefits under the Scheme of Atal Pension Yojana (APY) is hereby required to furnish proof of possession of Aadhaar number or undergo Aadhaar authentication.

NPAs slowed down in Q4 of Current Financial Year: FM

March 15, 2017 816 Views 0 comment Print

FM: Rate of increase of Non Performing Assets (NPAs) has slowed down in the last Quarter of the Current Financial Year; Government is taking sector specific measures to deal with the problem of NPAs;

Challenges for Success of Goods and Service Tax (GST) In India

April 28, 2015 7736 Views 0 comment Print

The 122nd Constructional Amendment Bill seeks to introduce the Goods and Service Tax (GST Bill) was tabled in the Lok Sabha on 19th December 2014. Touting it as the single biggest tax reform since independence, Finance Minister Arun Jaitley (FM) while introducing the Bill had said that the GST law will subsume all indirect levies from April, 2016 and would ensure seamless flow of goods and service across the country.

Foreign Bank Accounts Held By 1195 Indians – Govt. will take action

February 9, 2015 474 Views 0 comment Print

Concealment Penalty Proceedings U/S 271(1)(C) of Income Tax Act 1961 Initiated in 128 Cases in which Assessments were Completed While in the Remaining Cases, Assessment Proceedings are at Advance Stage; Information About Hsbc Foreign Bank Accounts was Received from the French Authorities in Respect Of 628 Indian Persons/Entities; Necessary Investigation as Per The Provisions of […]

CBDT releases Explanatory Notes on Finance Act, 2013

January 24, 2014 24548 Views 0 comment Print

CBDT CIRCULAR NO.03/2014 Section 10 Change in the definition of keyman insurance policy, exemption to income of investor Protection Fund of depositors, pass through status to certain Alternative Investment Funds exemption of income received in India in Indian currency by a foreign company exemption to National Financial Holdings company Limited

Float – A Useful Tool for cash management

November 2, 2013 12850 Views 0 comment Print

The cash balance shown in the company’s Ledger may not be the same as the available balance in its bank account. The difference is the net float. When the firm has written large number of cheques awaiting clearance, the available balance will be larger than the ledger balance.

FM to Inaugurate biggest office building of Income tax Department in India tomorrow

May 29, 2012 1268 Views 0 comment Print

Union Finance Minister, Shri Pranab Mukherjee will inaugurate the biggest office building of the Income tax Department in India tomorrow. The building will house the offices of salary charges, non-corporate charges, International Taxation, Exemption and other allied charges, accommodating approximately 800 Officers and 1500 staff. It will also have an assessee friendly ASK (Aayakar Sewa Kendra) Centre. Pratyaksh Kar Bhawan at Civic Centre is a ‘green’ building.

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