Page-11 of Ministry of Finance

BCIC recommendations on tax reforms accepted by Shome Committee

The Tax Administration Reform Commission (TARC) headed by Parthasarathy Shome has accepted the suggestions of the Bangalore Chamber...

📅 June 19, 2014

Arvind Mayaram appointed new Finance Secretary

Appointments Committee of the Cabinet (ACC) has approved Economic Affairs Secretary Arvind Mayaram as the new Finance Secretary. Arvind Mayaram,...

📅 April 23, 2014

MoF: India's external debt at $426 billion in December, 2013

As per the quarterly report of Ministry of Finance (MoF), India’s external debt was at $ 426 billion...

📅 March 31, 2014

SEBI: To issue guidelines for FATCA compliance for fiscal year 2014-15

To combat possible tax evasion by Americans through Indian entities, the Securities and Exchange Board of India (SEBI)...

📅 March 29, 2014

Iran seeks permission to open multiple bank accounts in India

Iran has requested the Ministry of Finance and the Reserve Bank of India (RBI) to allow it to...

📅 January 18, 2014

Service Tax revenue grew over 300 times in past two decades

Finance Ministry is focusing on service tax revenue which has grown significantly by over 300 times in past...

📅 December 29, 2013

Finance Ministry approves 5,500 cr as SBA to pay fertiliser subsidy

Finance Ministry has approved for Rs 5,500 crore against Rs 12,000 crore sought by the Department of Fertilisers under...

📅 September 29, 2013

Ministry of Finance launches "STAR scheme"

STAR: (Standard Training Assessment and Reward) The Ministry of Finance launched the National Skill Certification and Monetary Reward Scheme that...

📅 August 20, 2013

Government sets up SCE to evaluate international competitiveness of Indian financial sector

The Union Government of India has set up a Standing Council of Experts (SCE) in the Department of Economic Affairs,...

📅 June 10, 2013

India-made goods to be duty-free at airports

The Finance Ministry has notified that Duty-Free-Shops (DFSs) at airports in India will be allowed to sell goods...

📅 May 27, 2013