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Page-8 of Topic: Ministry of Finance

Government scraps export duty on sugar

The Central Board of Excise and Customs (CBEC) under Ministry of Finance has scrapped export duty of 20% on raw and refined sugar to boost shipments. The removal...

March 21, 2018

42nd Civil Accounts Day (CAD-2018) celebrated on 1 March

The 42nd Civil Accounts Day (CAD-2018) was celebrated by Indian Civil Accounts Service (ICAS) on March 1 in New Delhi to mark the 42nd anniversary of the beginning...

March 1, 2018

Arbind Modi to be convener of task force to review Income Tax Act 1961

The Union Government has recently constituted a task force to review the Income Tax Act 1961 and draft a new direct tax law in consonance with current economic...

November 23, 2017

PV Reddi to head 2nd National Judicial Pay Commission (NJPC) to look into pay hike issue of lower court judges

The Union Law Ministry has finalized the appointment of a Second National Judicial Pay Commission to recommend salary hikes for the 21,000 lower court judges in India. The...

October 12, 2017

New Delhi is hosting annual conference Rajaswa Gyan Sangam (RGS – 2017)

Prime Minister Narendra Modi has inaugurated the annual conference – Rajaswa Gyan Sangam (RGS-2017) in New Delhi on September 1, 2017. The conference is jointly organised by Central...

September 1, 2017

Arun Jaitley to chair 17th meeting of Financial Stability and Development Council (FSDC) was held

Arun Jaitley, the Union Finance Minister, has chaired the 17th meeting of the Financial Stability and Development Council (FSDC) in New Delhi on August 22, 2017. The Council...

August 23, 2017

B C Khanduri panel recommends 100% pension to widow of deceased soldier

The Parliamentary Panel headed by Maj. General (Retired) B C Khanduri has recently tabled its report in Parliament. In the report, the panel has recommended the 100% pension...

August 10, 2017

Pradeep Kumar Sinha committee formed by GST Council to select members of National Anti-profiteering Authority (NAPA) under GST

The Goods and Service Tax (GST) Council has formed a selection committee under the chairmanship of cabinet secretary Pradeep Kumar Sinha to identify and recommend eligible persons for...

July 27, 2017

Finance Ministry asks Ministries to decide on FDI proposals within 60 Days

The finance Ministry has asked all those ministries tasked with clearing foreign direct investment proposals in the 12 sectors that require government’s nod to take a decision on such...

June 7, 2017

GST Council Finalises 4-slab Service Tax Structure

The GST Council headed by finance Minister Arun Jaitley has finalised a 4-slab service tax structure at the rates of 5, 12, 18 and 28 per cent as against the single...

May 20, 2017

Government shifts disinvestment advising role to Department of Economic Affairs

The Union Government has transferred the advising role of Department of Investment and Public Asset Management (DIPAM) on utilisation of the proceeds from disinvestment to the Department of...

January 23, 2017

Union Government constitutes Committee headed by Vijay Kelkar to revisit PPP infra model

Union government has constituted a 10-member committee to review and revitalise public private partnership (PPP) mode of infrastructure development. The committee will be chaired by former finance secretary...

May 27, 2015