Ministry Of Finance

Doorstep banking for elderly people to be available soon: Report

Over 50 million senior citizens above the age of 70 years could expect to get basic banking services at their doorstep soon.

Globalisation of Indian firms: Is it a new dawn?

Greater clarity is required on certain aspects like ‘strategic sector’, ‘bona fide business activities’, ‘control’, etc. Success lies in the implementation of the rules in an effective and hassle-free manner

GST mop-up in September at Rs 1.47 lakh crore, 26% higher than same month last year

The GST collections had touched a record Rs 1.67 lakh crore in April, while in August it was over Rs 1.43 lakh crore. With the ongoing festive season, the collections are expected to go up in the coming months, experts said

Worried about unclaimed funds in PPF, NSC, or SCSS? Here's how to track them

After a predetermined amount of time, the unclaimed money is transferred to different government funds, such as The Senior Citizen’s Welfare Fund

Inflation will have only a negligible impact on poverty in India: Nirmala Sitharaman quotes UNDP report

She wrote in a tweet that the report shows that inflation will have only a negligible impact on poverty in India, adding that targeted transfers (such as what India has been doing) help poorer households cope with price spikes

PM Modi to speak at first Arun Jaitley memorial lecture on Friday

The Prime Minister's Office said that the Ministry of Finance has organised the lecture in recognition of Arun Jaitley's invaluable contribution to the nation

Centre clears entire GST compensation dues till date, releases Rs 86,912 crore to states

Of this, Rs 25,000 crore is released from the GST compensation fund and the balance Rs 61,912 crore is being released by the Centre from its own resources pending collection of cess

Atal Pension Yojana enrolments cross four crore, says Union Ministry of Finance

Atal Pension Yojana is the guaranteed pension scheme of the Government of India administered by the Pension Fund Regulatory and Development Authority (PFRDA)

Nirmala Sitharaman meets CFLI vice chairman Mary Schapiro, shares her vision of developing GIFT City

During the meeting, Mary Shapiro discussed the success in India with respect to building robust renewable energy markets and concurred that it is opportune time for India to play a leadership role in shaping global

Number of pension scheme subscribers rise to 5.2 crore

Under the management of Atal Pension Yojana, the total pension assets stood at Rs 7.36 lakh crore, showing year-on-year growth of 27.43 per cent