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Cabinet approves proposal to introduce the Financial Resolution and Deposit Insurance Bill 2017

   15 June 2017 at 11:33

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has approved the proposal to introduce a Financial Resolution and Deposit Insurance Bill, 2017. The Bill would provide for a comprehensive resolution framework for specified financial

Posted in Others |   1947 Views


FM reviews performance of Public sector banks

   10 June 2017 at 13:17

The Union Finance Minister Shri Arun Jaitley to review the performance of Public Sector Banks (PSBs) on 12th June, 2017 in the national capital. The Union Minister for Finance, Defence and Corporate Affairs, Shri Arun Jaitley will chair the meeting o

Posted in Others  2 comments |   3954 Views


Cabinet approves phasing out Foreign Investment Promotion Board

   25 May 2017 at 11:06

The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval to the phasing out of Foreign Investment Promotion Board (FIPB). The proposal entails abolishing the FIPB and allowing administrative Ministries/Departments to

Posted in Others |   2061 Views


Cabinet approves measures to Prevent Base Erosion and Profit Shifting by India

   18 May 2017 at 11:17

Cabinet approves signing of the Multilateral Convention to Implement Tax Treaty Related Measures to Prevent Base Erosion and Profit Shifting by India The Union Cabinet chaired by the Prime Minister Shri Narendra Modi has given its approval for the Mu

Posted in Others |   2346 Views


Ordinance passed by govt empowering RBI to tackle NPA

   06 May 2017 at 15:48

The promulgation of Banking Regulation (Amendment) Ordinance, 2017 will lead to effective resolution of stressed assets, particularly in consortium or multiple banking arrangements The Ordinance enables the Union Government to authorize the Reserve B

Posted in Others  3 comments |   2634 Views


FM participates in G20 Finance Ministers meeting in US

   24 April 2017 at 11:02

Finance Minister Shri Arun Jaitley participates in G-20 Finance Ministers’ and Central Bank Governors’ Meeting in Washington D.C.; States that among the emerging economies, India has been a major driver of global economic growth with an e

Posted in Others |   2325 Views


Raids by Enforcement Directorate on offices of CA in Delhi

   13 April 2017 at 18:07

Our attention has been drawn to the media reports regarding the raids conducted by the Enforcement Directorate on the offices of the Chartered Accountants in New Delhi, who were alleged to be involved in the money laundering and hawala like transacti

Posted in Others  7 comments |   21858 Views


MCA considering Aadhar integration for MCA21 services

   13 April 2017 at 10:59

MCA is actively considering Aadhaar Integration for availing various MCA21 related services. As a preparatory step, all individual stakeholders viz. DIN holders/Directors/Key Managerial Personnel/Professionals of the Institute of Company Secretaries

Posted in Others |   3459 Views


RBI keeps the repo rate unchanged at 6.25%

   07 April 2017 at 11:11

RBI/2016-2017/268FMOD.MAOG. No. 118/01.01.001/2016-17April 06, 2017All Scheduled Commercial Banks (excluding RRBs), Scheduled Urban Co-operative Banks and Standalone Primary DealersMadam / Sir,Liquidity Adjustment Facility – Repo and Reverse Re

Posted in Others |   1968 Views


Govt completes all Budget related process before 1st April

   06 April 2017 at 12:42

Lok Sabha Speaker congratulates the Prime Minister, Union Finance Minister, Members of Union Cabinet, Members of Lok Sabha and Officers and Staff of Lok Sabha Secretariat, Ministry of Finance & Parliamentary Affairs for completing all the Budget

Posted in Others |   2160 Views



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