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FINANACE MINISTRY
Govt set to remove I-T surcharge on FPIs, may withdraw LTCG tooThe government had proposed to increase surcharge on the super rich in Budget 2019.- Cabinet nod soon for hydro power policy: R K Singh"The hydro policy is in final stages. It will soon go for Cabinet for approval," Singh said while addressing round table on hydro power org...
- To boost digital payments, Finanace ministry panel seeks regulatory regimeOn Thursday the government had announced a series of incentives including discount on digital payments for fuel sold by state-run oil compa...
- Cut in gold import duty unlikely before Budget: Finance ministry officialRBI Guv Rajan recently said that there were some requests to change the duty structure (on gold) and that govt will view and take a decisio...
- PIL for acceptance of rupee by domestic airlines on foreign routesChief Justice G Rohini & R S Endlaw asked ASG Sanjay Jain to examine the facts, saying on what basis the airlines are not accepting Rupees.
- Issues concerning textile sector would be resolved: OfficialExporters wanted Free trade Agreement to be signed with EU and Canada, as Bangladesh, being least developed country, was overtaking India i...
- Monitor companies with bad track record: Finanace MinistryThe move comes in at a time when RBI is gearing up to contain rising bad loans.
- Finanace Ministry may allow 5 pvt funds to manage pensionsThe Finance Ministry is considering a proposal to allow five private fund managers to manage pension corpus of government employees.
- Gross direct tax collection grows 7.14 per cent in April-NovemberGross direct tax collection rose by 7.14% in the April-November period of the current fiscal, as against an annual target of 15%.
- Government's Direct cash transfer scheme: Is India ready?The success of cash transfers depends on people having bank accounts, money going into the right account, and people having easy access to ...
- 2G Case:'Department of Telecom note of 2007 not considered in controversial 2G note'A top FinMin official deposed before a parliamentary committee that had a document of Telecom Deptt of 2007 on 2G spectrum pricing been ava...
- ONGC, Oil India slip on subsidy sharing formula; analysts remain neutralThe finance ministry wants upstream oil and gas producers like ONGC to meet one-third of the Rs 1,70,140 crore revenue loss that was projec...
- Permit NBFCs to raise ECBs upto $500 mn: AssochamNon-Banking Financial Companies should be allowed to raise External Commercial Borrowings (ECBs) upto $500 million for financing equipment ...
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