Tag: ministry of finance

From January to November of this year, 15,547 crore transactions of <span class=
Posted in Business

UPI achieves record 15,000 crore transactions worth ₹223 Lakh Crore by Nov 2024

The Finance Ministry said on Saturday that from January to November of this year, 15,547 crore transactions of ₹223 lakh crore were handled through the…

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RBI governor: Who is Sanjay Malhotra, the new RBI governor appointed by the central govt?
Posted in Economy

RBI governor: Who is Sanjay Malhotra, the new RBI governor appointed by the central govt?

The central government on Monday appointed revenue secretary Sanjay Malhotra as the new governor of Reserve Bank of India. Malhotra is set to replace Shaktikanta…

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Nirmala Sitharaman urges for affordable, cheaper World Bank lending for middle income countries
Posted in Economy

Nirmala Sitharaman urges for affordable, cheaper World Bank lending for middle income countries

Union Finance Minister Nirmala Sitharaman has called for more affordable and cheaper lending from World Bank during her the annual meeting with the organization. The…

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New CBDT guidelines streamline the compounding process under the Income-tax Act, easing accessibility for taxpayers. They eliminate offence categorization and allow unlimited applications, while also reducing compounding charges and abolishing interest on delayed payments.(Pexels)
Posted in Business

Relief against income tax offences as charges for TDS default reduced: Details

The new guidelines by Central Board of Direct Taxes (CBDT) for the compounding of offences under the Income-tax Act, 1961, aim to make the process…

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Growfast
Posted in Economy

Payment systems: RBI asks banks to ensure easier accessibility to persons with disabilities

The Reserve Bank of India on Friday asked banks to review their payment systems to ensure easier accessibility to persons with disabilities. All sections of…

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Government notifies foreign exchange rules 2024 to simplify investments and ease of doing business
Posted in Economy

Government notifies foreign exchange rules 2024 to simplify investments and ease of doing business

The Ministry of Finance on Thursday notifies the new Foreign Exchange (Compounding Proceedings) Rules 2024 to simplify rules and regulations for foreign investments. The new…

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PMJDY integrates poor into economic mainstream: FM Sitharaman
Posted in Economy

PMJDY integrates poor into economic mainstream: FM Sitharaman

The Pradhan Mantri Jan Dhan Yojana (PMJDY), the world’s largest government initiative for financial inclusion, integrates the poor into the economic mainstream and plays a…

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With 2.31 lakh crore deposits and over 53 cr accounts, PM Jan Dhan Yojana completes ten years
Posted in Economy

With 2.31 lakh crore deposits and over 53 cr accounts, PM Jan Dhan Yojana completes ten years

New Delhi: After a decade of its commencement, the Pradhan Mantri Jan Dhan Yojana (PMJDY) has achieved a milestone of a total of 53.13 crores…

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Nirmala Sitharaman: FM Nirmala Sitharaman leads high-level delegation in talks with Singapore President and Prime Minister
Posted in Economy

Nirmala Sitharaman: FM Nirmala Sitharaman leads high-level delegation in talks with Singapore President and Prime Minister

New Delhi [India], August 25 (ANI): Union Finance Minister Nirmala Sitharaman led a high-level meeting with Singapore President Tharman Shanmugaratnam and Prime Minister Lawrence Wong…

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public shareholding norms: Government extends deadline for meeting MPS norms till Aug 2026
Posted in Economy

public shareholding norms: Government extends deadline for meeting MPS norms till Aug 2026

The government has extended the deadline for meeting minimum public shareholding norms for central public sector enterprises and public sector financial institutions till August 2026….

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