Finance - general

GST revenue collection drops to Rs94,726 cr in December

02 Jan 2019

RBI limits external commercial borrowings to 6.5% of GDP

27 Dec 2018

Bimal Jalan heads panel on RBI’s economic capital framework

27 Dec 2018

The panel will decide on the appropriate size of reserves to be maintained by RBI as per public policy mandate, including financial stability considerations, to assess the extent of the profits that can be transferred to the government

Relief to common man as GST Council cuts rates on 23 items

24 Dec 2018

The decision will have an overall impact on revenue of Rs5,500 crore, union finance minister Arun Jaitley said after the meeting

SC allows I-T dept to reopen tax filings of Rahul and Sonia Gandhi

21 Dec 2018

GST slab for 99% items to be brought below 18%: PM Modi

19 Dec 2018

This would involve a huge outgo for the government as a reduction in GST on cement alone would translate into an annual revenue loss of about Rs14,000 crore as per official estimates

Govt mulls Rs4,00,000-cr loan waivers to win back rural votes

12 Dec 2018

With elections round the corner, the Narendra Modi-led NDA government has no other option than fall back on the easy option of writing off farmers’ loans

Govt mulls Rs4,00,000-cr loan waivers to win back rural votes

12 Dec 2018

With elections round the corner, the Narendra Modi-led NDA government has no other option than fall back on the easy option of writing off farmers’ loans

Former bureaucrat Shaktikanta Das appointed RBI governor

11 Dec 2018

Das, an experienced bureaucrat who has held key positions both under the ruling BJP as well the previous UPA government, had also worked closely with the central bank and is currently a member of the Finance Commission of India and government’s representative at the G 20 summits

Direct tax collections up 15.7% at Rs6,75,000 cr in April-November

11 Dec 2018

NPS withdrawal made tax-free on par with PPF, EPF

11 Dec 2018

Reserve Bank governor Urjit Patel resigns

10 Dec 2018

While a brief statement from the governor carried on the RBI website said he was stepping down for "personal reasons," the fact that the resignation is the result of developments that indicated the government wanted RBI as its extension is clear to all

GST not applicable to house property with completion certification, says Finmin

10 Dec 2018

India top recipient of remittances with an estimated $80 bn in 2018

10 Dec 2018

The average cost of remitting in South Asia also remained the lowest at 5.4 per cent, while Sub-Saharan Africa continued to have the highest at 9 per cent