FinMin issues instructions for Budget 2017-18 New Delhi: With Centre deciding to advance Budget 2017-18 presentation by about a month, the Finance Ministry has come out with comprehensive instructions for different ministries for completion of the exercise. The instructions were issued following the Cabinet decision to merge rail and general budgets, do away … [Read more...] about FinMin issues instructions for Budget 2017-18
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Finmin
FinMin seeks status report on pay revision talks from public sector banks
FinMin seeks status report on pay revision talks from public sector banks New Delhi: Keen to close pay negotiations in public sector banks by November 1, 2017, the Finance Ministry has asked the lenders to present status report on salary hike talks with their employee unions. The chief executives of PSBs have been asked to intimate the ministry about “the present … [Read more...] about FinMin seeks status report on pay revision talks from public sector banks
FinMin sets up panel to suggest steps to promote card payments
FinMin sets up panel to suggest steps to promote card payments New Delhi: With an aim to discourage cash transactions, the Finance Ministry has set up a high-level committee to suggest steps to promote card payments through incentives like tax rebates and cash back schemes. The 11-member committee, headed by former Finance Secretary Ratan P Watal, will recommend … [Read more...] about FinMin sets up panel to suggest steps to promote card payments
Finance Ministry to review domestic black money window
Finmin to review domestic black money window New Delhi: With the first month nearing completion, the Finance Ministry will hold a high-level meeting to review the ambitious one-time compliance window that has been announced by the government to declare domestic black money. The review meeting, scheduled later this week, will be chaired by Revenue Secretary Hasmukh Adhia … [Read more...] about Finance Ministry to review domestic black money window
Finmin reject claims of inflation due to 7th Pay Commission award
Finmin reject claims of inflation due to 7th Pay Commission award A salary hike is likely proposed by the Empowered Committee of Secretaries, which has been constituted to look into the recommendations of the 7th Pay Commission for cabinet nod, will not fuel inflation, says Finance Ministry top officials. “The implementation of these recommendations … [Read more...] about Finmin reject claims of inflation due to 7th Pay Commission award
Loans and Advances by the Central Government – Interest rates and other terms and conditions.
MOST IMMEDIATE F.No.5(3)-B(PD)/2015 Government of India Ministry of Finance Department of Economic Affairs New Delhi, the 3rd February, 2016 OFFICE MEMORANDUM Subject:- Loans and Advances by the Central Government - Interest rates and other terms and conditions. Reference this Ministry's Office Memorandum F.No.5(3)-B(PD)2014 dated 29th December, 2014 on the captioned … [Read more...] about Loans and Advances by the Central Government – Interest rates and other terms and conditions.
7.6% GDP says govt policies, reforms showing results: Finmin
7.6% GDP says govt policies, reforms showing results: Finmin New Delhi: The Finance Ministry today said the projected 7.6 per cent growth rate for current fiscal is satisfactory and is a reflection of the policies and reform measures undertaken by the government in last 19 months. “Overall, what is important is the direction of the numbers… There is improvement in the … [Read more...] about 7.6% GDP says govt policies, reforms showing results: Finmin
Finmin issued instructions on processing foreign visits of officers for approval of Screening Committee of Secretaries
Instructions for processing foreign visits of officers of the Government of India for approval of Screening Committee of Secretaries (SCoS) Clarification on revised comprehensive guidelines/instructions on foreign visit by officers of Government of India No. 4(4)/E.Coord/2015 Government of India Ministry of Finance Department of Expenditure North Block, New Delhi. Dated … [Read more...] about Finmin issued instructions on processing foreign visits of officers for approval of Screening Committee of Secretaries
Transfer Policy of Group A officers in Defence
Transfer Policy of Group A officers in Defence Accounts up JAG / NFSG level – Re-constitution of Defence Accounts Placement Board (DAPB) Controller General of Defence Accounts issued Notification regarding Constitution of Defence Accounts Placement Board (DAPB) for implementation of Supreme Court’s Judgement dated 31.10.2013 in WP (Civil) No. 82/2011. Office of the … [Read more...] about Transfer Policy of Group A officers in Defence
FinMin sets up two panels for roll out of GST from April 2016
FinMin sets up two panels for roll out of GST from April 2016 New Delhi: Gearing up to roll out GST from April 1, 2016, the Finance Ministry today set up two committees to suggest tax rates and look into IT preparedness for the new indirect tax regime. Committee formed under the Finance Ministry’s Chief Economic Advisor would “recommend possible tax rates under GST that … [Read more...] about FinMin sets up two panels for roll out of GST from April 2016
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