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Thursday, April 15, 2021

Finance Ministry

SEBI amends recent AT-1 bond valuation norms

Mumbai, March 22 (IANS) Over a week after the Finance Ministry asked the capital market regulator SEBI to withdraw its recent circular on valuation norms for AT-1 bonds, it has amended and eased the regulations. In a circular on Monday,...

Centre releases complete Rs 1.10 lakh cr GST compensation shortfall

New Delhi, Mar 15 (IANS): The Finance Ministry has released the final weekly instalment of Rs 4,104 crore to the states to meet the GST compensation shortfall. Out of this, an amount of Rs 4,086.97 crore has been released to 23...

Govt to give discount to investors using digital mode under gold bond scheme

New Delhi, Jan 9 (IANS) The government will give a discount of Rs 50 per gram under its gold bond scheme to investors who apply online and the payment is made through digital mode. As per a statement from the...

GST compensation shortfall: 8th tranche of Rs 6K Cr released to states

New Delhi, Dec 21 (IANS) Ministry of Finance has released the 8th weekly instalment of Rs 6,000 crore to the states to meet the GST compensation shortfall. Out of this, an amount of Rs 5,516.60 crore has been released to...

Introduce uniform taxation on smokeless tobacco products: Doctors

New Delhi, Dec 17 (IANS) Shram, a self-help a group with large number of doctors and professionals, working in the field of health and education to build awareness campaigns against tobacco and alcohol has appealed to Harsh Vardhan, Health...

States get more time for push citizen-centric reforms for additional borrowing

New Delhi, Dec 16 (IANS) The Union Finance Ministry has extended the deadline for the states to complete citizen-centric reforms in various sectors and qualify for additional borrowings. The state will be eligible for reform linked benefits even if the recommendation...

All states except Tamil Nadu availed special capital expenditure scheme: Centre

New Delhi, Dec 12 (IANS) The Centre on Saturday said that all states except Tamil Nadu have availed benefits of "Special Assistance to States for Capital Expenditure". The scheme is aimed at boosting capital expenditure by the state governments, who...

Govt cites FII, corporate bond inflows to show ‘growth story’

New Delhi, Dec 1 (IANS) The Finance Ministry on Tuesday laid down the growth numbers in foreign institutional investment (FII), foreign portfolio investments (FPI) and corporate bond issuances to show a positive momentum in the Indian economy. “The Indian growth story...

Buzz around another stimulus package around Diwali

New Delhi, Nov 11 (IANS) The government is reportedly planning another stimulus package for the economy which could be finalised as early as Thursday. There is talk of a $20 billion stimulus package in a series of packages that the...

FinMin approves MEIS allocation of Rs 39K cr for FY20

New Delhi, Nov 12 (IANS) The Finance Ministry has approved the allocation of Rs 39,097 crore under the Merchandise Exports from India Scheme (MEIS) for the exports made during FY 2019-20. In an office memorandum, the Central Board of Indirect...

Latest News

Huge losses from fresh Maha lockdown, says industry body

Mumbai, Apr 14 (IANS): Having barely recovered from the one-year pandemic lockdown, the fresh 15-day 'lockdown-style' restrictions in Maharashtra could...