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Jaitley moves GST bill in Lok Sabha, Opposition walks out in protest

Apr 24, 2015

Jaitley moves GST bill in Lok Sabha, Opposition walks out in protest

The long-pending Goods and Services Tax (GST) Bill was on Friday moved in the Lok Sabha for consideration amid stiff resistance by several Opposition parties, even as Finance Minister Arun Jaitley said it is a "win-win" measure and states have nothing to fear. #Politics #Sonia Gandhi #UPA #Congress #finance ministry #NewsTracker #AIADMK #Arun Jaitley #GST #Standing Committee #NDA
Govt revamps selection norm for non-official directors in PSBs

Apr 01, 2015

Govt revamps selection norm for non-official directors in PSBs

To ensure efficient management of PSU banks and insurance companies, the government has revamped the procedure for appointment of non-official directors and will invite online applications from candidates. #India #PSUs #finance ministry #NewsTracker
Govt has drawn list of PSUs for strategic sale: Arun Jaitley

Mar 25, 2015

Govt has drawn list of PSUs for strategic sale: Arun Jaitley

Finance Minister Arun Jaitley on Wednesday said the government has drawn a list of state-owned companies which will be put on block for strategic sale. #PSUs #finance ministry #Narendra Modi #NewsTracker #Arun Jaitley #IOC #BHEL #Nalco #NMDC #Hindustan Aeronautics #RINL
Finance ministry frontloads FY16 borrowing; RBI says huge supply of bonds

Mar 23, 2015

Finance ministry frontloads FY16 borrowing; RBI says huge supply of bonds

The total market borrowings are higher than Rs 5.92 lakh crore estimated for the current fiscal, ending this month. #Economy #RBI #finance ministry #NewsTracker #Arun Jaitley #Raghuram Rajan #Rajiv Mehrishi #public debt management
Sebi relaxes debt-equity conversion norms for banks

Mar 22, 2015

Sebi relaxes debt-equity conversion norms for banks

Under the relaxed norms, which were approved by Sebi's board today, the banks would be allowed to convert their debt into equity in a listed borrower entity that is in distress without applicability of the markets regulator's pricing formula in such conversions. #finance ministry #NewsTracker #SEBI #Arun Jaitley #Corporate Affairs Ministry #UK Sinha #Forward Markets Commission #Jayant Sinha
Finance ministry makes PAN mandatory for service tax registration

Mar 18, 2015

Finance ministry makes PAN mandatory for service tax registration

The registration shall mandatorily require that the PAN number of the proprietor or the legal entity being registered should be quoted in the application except for government departments, it said. #Economy #finance ministry #PolicyWatch #Central Excise #Aadhaar Card #PAN #Service tax registration
CBI raids finance min offices: All you need to know about latest corporate espionage case

Mar 13, 2015

CBI raids finance min offices: All you need to know about latest corporate espionage case

Widening its probe into an alleged espionage scandal, followed last month's arrest of 12 persons for suspected data theft from the petroleum ministry, the CBI on Thursday busted a racket involving sale of sensitive documents of various departments under the Union finance and commerce ministries and arrested three men, two of them government officials, after a coordinated raid at eight places across Delhi and Mumbai. #finance ministry #CBI #DLF #Delhi Police #commerce ministry #CA #Corporate Espionage
Espionage net widens: CBI nabs govt officials, CA for selling confidential papers to corporates

Mar 13, 2015

Espionage net widens: CBI nabs govt officials, CA for selling confidential papers to corporates

Busting a major ring of a well known Chartered Accountant and government servants, CBI has registered a case of alleged sale of confidential documents related to foreign investment policies which were passed on to major corporate groups of the country. #India #finance ministry #NewsTracker #CBI #Crime #commerce ministry #Chartered Accountant #Corporate Espionage
Bill on black money likely to be introduced in ongoing Parliament session: Revenue Secretary

Mar 12, 2015

Bill on black money likely to be introduced in ongoing Parliament session: Revenue Secretary

The new law on black money is likely to be introduced within 10 days in Parliament, which is aimed at strengthening the hands of tax department in dealing with illicit wealth stashed abroad. #Black money #finance ministry #NewsTracker #Parliament session #Bill on Black Money
No immediate plan to divest stake in Air India: minister

Mar 05, 2015

No immediate plan to divest stake in Air India: minister

The carrier is surviving on bailout package under a revival plan, which entails an equity infusion of Rs 30,000 crore in a staggered manner in it till 2021-22. #Disinvestment #UPA #air india #finance ministry #Kingfisher Airlines #TheySaidIt #Arun Jaitley #SpiceJet #GoAir #IndiGo #Ministry of Civil Aviation #Mahesh Sharma