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Home > finance ministry
finance ministry
The country has set a goal of achieving a USD 5-trillion economy by 2024-25.
FinMin asks PSBs to seek ideas from branches to streamline banking sector
17 Aug 2019 11:16 AM

The campaign comes at a time when the economy is facing headwind and it has slowed to a 5-year low of 6.8 per cent.

In the real estate sector, the number of unsold homes has increased while fast-moving consumer goods (FMCG) companies have reported a decline in volume growth in the first quarter.
Modi reviews state of economy with Sitharaman, FinMin officials
15 Aug 2019 5:19 PM

There are expectations that the government would come out with sector-specific stimulus sometime soon.

So far, 27 rounds of talks at the chief negotiators level have been conducted.
FinMin asks commerce ministry to assess revenue impact of proposed RCEP
08 Aug 2019 3:03 PM

India is looking for a balanced trade agreement, as it would cover 40 per cent of the global gross domestic product.

The applicant should not be more than 60 years of age as on July 24.
FinMin invites application for post of RBI deputy governor after Viral Acharya exit
01 Aug 2019 4:01 PM

The appointment will be for a period of three years and the person will be eligible for re-appointment.

The task force was assigned to draft direct tax laws in line with the norms prevalent in other countries.
Tax force on direct taxes gets more time to submit report
01 Aug 2019 10:57 AM

The government has allowed the task force to submit its report by 16th of August 2019.

Senior bureaucrat Subhash Chandra Garg.
Garg says none in govt questioned offshore bonds issue when he was DEA Secy
27 Jul 2019 1:38 PM

The sovereign bond issuance was basically intended to ease the pressure on the domestic availability of resources.

Senior bureaucrat and former finance secretary Subhash Chandra Garg.
Subhash Chandra Garg takes over as new Power Secretary
26 Jul 2019 12:43 PM

Garg was in charge of the Department of Economic Affairs (DEA), and was designated the Finance Secretary.

Swadeshi Jagran Manch (SJM), the economic wing of the RSS, has opposed the idea of issuance of sovereign bonds overseas.
PMO asks FinMin to conduct detailed study on issuance of overseas sovereign bonds
26 Jul 2019 9:15 AM

India's sovereign external debt-to-GDP level is among the lowest globally at less than 5 per cent.

Garg was replaced by Department of Investment and Public Asset Management (DIPAM) Secretary Atanu Chakraborty in a major bureaucratic reshuffle. (Photo: File)
Finance Secretary Garg seeks retirement after being shifted to Power Ministry
25 Jul 2019 2:25 PM

Subhash Chandra Garg, the senior-most bureaucrat in the Finance Ministry, was in charge of the Department of Economic Affairs.

On consignment basis for exhibition would not in itself constitute a supply under GST since there is no consideration received at that time, but such goods would need to be accompanied by a 'delivery challan'.
No GST invoice required if goods taken abroad for exhibition are brought back in 6 months
23 Jul 2019 10:37 AM

Goods taken abroad in this manner are required to be either sold or brought back within a period of 6 months from the date of removal.

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