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Finance Ministry Denies Reports Of Merging Direct And Indirect Tax Bodies
Finance Ministry has denied reports of merging CBDT and CBIC The finance ministry on Monday denied reports of merging Central Board of Direct Taxes (CBDT) and Central Board of Indirect Taxes and Customs (CBIC), terming it as "factually incorrect". Earlier in ...
 NDTV3 days ago
Economic Times
Jal Shakti ministry outlines budgetary requirements at Finance Commission meet
The NK Singh-led FC held a meeting with jal shakti minister Gajendra Singh and other ministry officers, along with representatives of the ministry of panchayati raj to discuss grants to rural local bodies (RLBs) for the provision of drinking water & ...
 Economic Times3 weeks ago
No funds for new schemes, says finance ministry
The finance ministry has asked all ministries and departments not to initiate any new scheme in the current financial year and said that there is a need to use resources prudently in the wake of the COVID-19 crisis.  IMAGE: Union Finance minister Nirmala Sitharaman with MoS (finance) Anurag Thakur. Photograph: ANI Photo. However, funds for schemes under the Pradhan Mantri Garib Kalyan Package, the Aatmanirbhar Bharat Abhiyan package and any other special package or announcement would be ...
 Rediff.com1 month ago
Economic Times
Power minister proposes a new scheme worth Rs 3 lakh crore to finance commission
Officials of the power ministry discussed the need to restructure the power system to make states responsible for the financial health of their power distributions companies (discoms), with the NK Singh-led FC. This would entail recalibrating state borrowing ...
 Economic Times1 month ago
Economic Times
Power ministry dials 15th Finance Commission on discom distress, seeks FRBM relaxations for state borrowings
The power ministry is learnt to have written to the 15th Finance Commission drawing attention to the exceedingly worrying situation of discoms and has made several suggestion for a reboot, so that these may be accomodated in the final FC report. ET gathers ...
 Economic Times1 month ago
Finance Ministry, LIC start contact tracing to assess Covid-19 aid
The government hopes to use this data to assess the extent of financial support needed to recover from the pandemic. Illustration: Dominic Xavier/ The finance ministry and the Life Insurance Corporation of India (LIC) have begun a massive contact tracing exercise to discover the penetration of life insurance among the poor. The government hopes to use this data to assess the extent of financial support needed to recover from the pandemic.   Officials are reaching out to the ...
 Rediff.com1 month ago


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