finance ministry
The deposits in the account of the beneficiaries, which has been steadily rising, was Rs 99,649.84 crore on June 6 and Rs 99,232.71 crore.
10 Jul 2019 12:52 PM

Over 50 per cent of the Jan Dhan account holders are women.

The effective income tax rate for individuals with a taxable income of Rs 2-5 crore will go up from 35.88 per cent to 39 per cent.
09 Jul 2019 8:31 AM

FM Sitharaman proposed to increase surcharge from 15 pc to 25 pc on taxable income between Rs 2 cr and Rs 5 cr.

Finance Minister Nirmala Sitharaman
09 Jul 2019 1:39 AM

Plan to cut stake to 75 per cent in state-run firms.

The tea body said that the imposition of two per cent TDS would compromise with the liquidity position of the tea estates.
06 Jul 2019 2:56 PM

The tea body said that the wages paid to the tea garden workers were both in cash and in kind.

While the GST collections in June were lower than Rs 1,00,289 crore in May, they were higher than Rs 95,610 crore receipts in the same month of the previous year. (Photo: Representational)
01 Jul 2019 5:34 PM

The collections comprise of receipts by both the centre and state governments of GST.

Public debt accounted for 89.5 per cent of the total outstanding liabilities at end-March 2019.
22 Jun 2019 4:09 PM

Nearly 28.27 per cent of the outstanding dated securities had a residual maturity of less than 5 years.

Finance Minister Nirmala Sitharaman.
20 Jun 2019 11:23 AM

The Council also held consultations to obtain inputs and suggestions of the financial sector regulators for the Budget.

GDP growth has slipped to 5-year low of 6.8%, in addition, public sector banks will need capital for credit growth. (Photo: DC)
17 Jun 2019 12:37 PM

The government made record capital infusion of Rs 1,06,000 crore in the public sector banks last fiscal.

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