CBIC starts electronic disbursal of duty drawback to exporter's bank accounts via PFMSCBIC introduces electronic disbursement of duty drawback amounts to exporters' bank accounts via PFMS platform, enhancing transparency, eff...
05 Jun, 2024, 10.26 PM IST
Monitor cyber threat, bring all departments on e-bill platform, Somanathan tells pay and accounts officersFinance Secretary T V Somanathan urged pay and accounts officers to bring government departments on e-bill platform and monitor cyber secur...
01 Mar, 2024, 03.27 PM IST
All ministries, departments to be on E-bill platform by March 2024The finance secretary cited the example of how data analytics had helped the Centre to detect that some states were parking money from a si...
02 Mar, 2023, 01.12 AM IST
FM Nirmala Sitharaman to launch single nodal agency dashboard on Tuesday"The dashboard depicts releases made to different states by ministries, further releases made by state treasuries to the SNA accounts, expe...
06 Jun, 2022, 10.15 PM IST
GeM creates separate page for medical equipments to help govt fight Covid-19Public procurement portal GeM has created a dedicated page on its platform for medical and protective equipment like thermal scanners, bioh...
28 Mar, 2020, 01.54 PM IST
State Tourism Ministers' conference to be inaugurated by Tourism Minister in New DelhiThe Tourism Ministry said the conference will provide a platform for the ministry of tourism to apprise the states and UT about new initiat...
19 Aug, 2019, 07.46 PM IST
FinMin issues clarification on DoE's order on salary disbursalThe ministry cautioned the general public not to circulate the order since it is confidential in nature and may attract punitive actions un...
22 Jun, 2019, 06.33 PM IST
Digital Revolution: India must remain open to foreign technologies and capitalThe key to future growth in this space is to remain open to the flow of foreign technologies and capital.
06 Mar, 2019, 11.18 AM IST
Government stops foreign funding to 156 NGOs for defying orderSuspension of the FCRA registration means the NGOs and entities cannot accept funding from abroad, an official said.
10 Dec, 2018, 07.21 PM IST
Government expects to save around Rs 10,000 crore on interest paymentsThe ‘just-in-time release’ of funds through a finance management platform has cut the amount of money floating in the system, which has res...
08 Aug, 2018, 06.38 AM IST
Foreign-funded NGOs told to open a/cs in select banksOrganisations get one-month deadline to comply with the new order aimed at bringing about a higher level of transparency in their financial...
26 Dec, 2017, 11.02 AM IST
Government directs NGOs to open account in any designated bank in a month for transparencyModi-led govt tightened the rules for NGOs and took action against all such entities for violation of various provisions of the FCRA 2010 w...
25 Dec, 2017, 04.05 PM IST
Finmin to hire 120 IT professionals for big data architectureThe hiring, on contractual basis, seeks to bring transparency in public expenditure, speed up implementation of welfare schemes and plug le...
23 Apr, 2017, 02.55 PM IST
Government to come up with updated version of PFMS next fiscalThe Expenditure Department will work towards developing bank interface, including that of cooperative and regional rural banks, for facilit...
13 Feb, 2017, 07.14 PM IST
March deadline set to integrate states/UTs to Public Financial Management SystemIt was recently discovered that even the exact number of IAs the country has were not known, though about 18 lakh agencies are registered o...
24 Aug, 2016, 04.23 AM IST
Government departments to open account with RBI for Rs 100 crore plus fund transferThe e-FPB account will be used by government to receive non-tax revenue payments like dividends from PSUs and banks.
17 Aug, 2016, 04.22 PM IST
Government to universalise the use of Public Financial Management SystemPFMS, administered by the department of expenditure, is an end-to-end solution for processing payments, tracking, monitoring, accounting, r...
15 Jul, 2016, 09.41 PM IST