Page 75 - Finance Ministry

Despite unavailability of MAT credit, 60% of firms opt for lower tax regime

In absolute terms, around 300,000 companies are now at the 22% rate, against the earlier 25-30% earlier

Govt committed to following fiscal deficit glide path, says DEA secretary

Concerns have been raised by different agencies about the ability of the government to meet the fiscal deficit target

Finance Ministry job ended unceremoniously, says Subhash Chandra Garg

He said he could have become the longest-serving finance secretary if he had held the post until his superannuation in October 2020

FinMin claims huge progress in report on measures to boost economy

As per the report card, all public sector banks have introduced Repo Rate Linked Products

DoT studying security threat of loss-making BSNL-MTNL privatisation

Seeing how US, UK, who have only pvt services, cope with security issue: Official

RBI cut in lending rate complements govt's measures for growth: FinMin

The government has taken a slew of measures since August 23 to pull the economy out of a six-year low growth and a 45-year high unemployment rate by reviving private investments

Can India end the exemption raj in personal income tax system as well?

In the process, the corporation tax system would also become more transparent, with reduced scope for litigation and discretion

What more must be done

For the last one month the finance ministry, faced with a severe resource shortage, has been coping as best as it can

Finance ministry clears NITI Aayog's artificial intelligence proposal

NITI Aayog had been asking for Rs 7,500 crore for three years to set up an AI framework

FinMin plans to release unspent money, boost demand amid economic slowdown

To look at fiscal deficit of entire country before starting pre-Budget consultations, cut off-Budget borrowings

Govt considers measures to improve financial health of State Trading Corp

The measures, which are under consideration, include provision of adequate time for STC to repay bank loans and sale of immovable assets

Round 3 of economic stimulus: tax break for exports, help for real estate

FM rolls out Rs 20,000 crore fund for affordable, unfinished homes

Finance ministry dept's fine on banks an afterthought: Delhi High Court

The appellate tribunal for PML held that though banks had not reported the matter to the authorities

Finance ministry tells large CPSEs to accelerate investment activities

The meeting also called upon public sector undertakings to resolve outstanding payments

Finance ministry asks departments, PSUs to expedite capital expenditure

These capex reviews come just a day after Finance Minister Nirmala Sitharaman met representatives of the infrastructure sector

Amalgamation of 10 public sector banks likely to take place on April 1

The decision was taken in a meeting of 10 PSBs, who are part of the latest merger process, with finance ministry officials in Mumbai on Wednesday

LIVE: Govt gives FPI relief, makes loans cheaper, revs up auto sector

FM Nirmala Sitharaman is expected to announce steps to revive India's economic growth. Catch all LIVE updates here

FinMin considers stress fund for infra sectors: Urban Affairs Secretary

Finance Minister Nirmala Sitharaman had already held consultations with various stakeholders, including industry, banks, homebuyers, real estate players and capital market participants

PSBs may ease credit access to automobile dealers to boost sales

Banks looking to reduce their exposure to the troubled industry have been demanding 25 per cent collateral for inventory financing

Govt adopts a new approach to bring reforms in public sector banks

FinMin has asked govt-owned banks to capture 42 questions on credit, non-performing assets, Mudra loans, agriculture