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Will discuss EPF interest rate issue with FM: Labour Minister

Apr 28, 2016

Will discuss EPF interest rate issue with FM: Labour Minister

A day before nationwide protest by trade unions against lowering of EPF interest rate, Labour Minister Bandaru Dattatreya today said that he will discuss the issue with Finance Minister Arun Jaitley. #finance ministry #Arun Jaitley #protest #EPFO #Trade Unions #Bandaru Dattatreya #CBT #EPF interest rate
Why FM Jaitley's move to cut EPF rate is good economics, but bad politics

Apr 26, 2016

Why FM Jaitley's move to cut EPF rate is good economics, but bad politics

In a scenario when the inflation is falling (CPI inflation is hovering around 5 per cent and the RBI is on course to bring it down even further), the real returns will be positive. #finance ministry #Kisan Vikas Patra #PPF #EPF rates #RBI rules #Narendra Modi goverment
Yet another shocker or a bold move? FinMin lowers EPF rate to 8.7 per cent

Apr 26, 2016

Yet another shocker or a bold move? FinMin lowers EPF rate to 8.7 per cent

This is probably the first time that the Finance Ministry has not given concurrence to the rate of interest on EPF as decided by CBT, which is headed by the labour minister. #finance ministry #EPFO #EPF interest rates cut
FinMin approves 8.7% interest on EPF for 2015-16: Dattatreya

Apr 25, 2016

FinMin approves 8.7% interest on EPF for 2015-16: Dattatreya

The Finance Ministry has approved 8.7 per cent interest on PF deposits for over 5 crore subscribers of retirement body EPFO, lower than 8.8 per cent decided by the Central Board of Trustees (CBT). #finance ministry #EPFO #provident fund #CBT #Labour Minister Bandaru Dattatreya #fiscal 2016 #EPF interest rate
Supreme Court supports making loan default amount public, but RBI is against it

Apr 12, 2016

Supreme Court supports making loan default amount public, but RBI is against it

The Supreme Court today favoured making public the total amount of outstanding loans given by banks to various individuals and entities and running into lakhs of crores of rupees as per the information provided to it by RBI in a sealed cover. #RBI #finance ministry #Supreme Court #NPA #CPIL #bad loan #loan defaulters list
Govt to infuse Rs 5,050 cr in PSU banks soon

Mar 28, 2016

Govt to infuse Rs 5,050 cr in PSU banks soon

The government is likely to infuse additional capital of about Rs 5,050 crore in some public sector banks this week. #finance ministry #Government #PSU banks #capital infusion #recapitalisation #Indradhanush
ITR forms for AY 2016-17 to be notified early April

Mar 25, 2016

ITR forms for AY 2016-17 to be notified early April

Finance Ministry is likely to notify by first week of April new income tax return forms for Assessment Year 2016-17 which will more or less be similar to the one that was filed by assessees last year. #finance ministry #Aadhaar #income tax return #ITR #assessment year 2016-17
Govt amends Atal Pension Yojana

Mar 22, 2016

Govt amends Atal Pension Yojana

Government has amended Atal Pension Yojana (APY) to give an option to the spouse to continue to contribute for balance period on premature death of the subscriber. #finance ministry #Government #Pension #Atal Pension Yojana
'Every penny' that is due will be recovered from Mallya, says Arun Jaitley

Mar 17, 2016

'Every penny' that is due will be recovered from Mallya, says Arun Jaitley

Finance Minister Arun Jaitley on Thursday declined specific comment if his government considered industrialist Vijay Mallya an absconder but sought to assure that every penny that is due from him to state-run banks will be recovered. #finance ministry #NewsTracker #Arun Jaitley #Vijay Mallya #Kingfisher #wilful defaulter