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Ministry Of Finance

Jan 20, 2017 at 16:22 | Source: PTI
The Ministry of Railways has sought Gross Budgetary Support (GBS) of Rs 50,000 crore for 2017-18, though the Finance Ministry is likely to agree for only Rs 40,000-45,000 crore, a senior government official said.
Jan 20, 2017 at 15:58 | Source: PTI
Finance Ministry has asked government departments to refrain from excessive expenditure in the fourth quarter and remain within the budget allocation made for the fiscal, though it made an exception in case of MGNREGA spending.
Jan 20, 2017 at 08:30 | Source: PTI
"This matter came up in the meeting between the Foreign Minister Mahat and Finance Minister Jaitley as well on 17 January," MEA Spokesperson Vikas Swarup said.
Jan 19, 2017 at 13:10 | Source: PTI
The 401k plans are very popular in the US and act as additional retirement savings for citizens beyond pension plans provided by the government and their employers. Along with tax benefits, these plans are also known to provide good returns to their investors.
Jan 19, 2017 at 12:10 | Source: Moneycontrol.com
Rising crude oil prices may prompt the finance ministry to cut the 20 percent ad valorem levy to about 10 percent; move will help prevent costly crude pushing up retail petrol and diesel prices
Jan 19, 2017 at 08:42 | Source: Moneycontrol.com
In its highest-ever capital expense, the Railway Ministry is planning a capital expenditure of about Rs 1.3 lakh crore and is expecting a gross budgetary support of Rs 55,000 crore (GBS) for the fiscal year 2017-18.
Jan 18, 2017 at 21:47 | Source: CNBC-TV18
The FRBM (Fiscal Responsibility and Budget Management) panel is due to submit its report to the Finance Ministry on January 23. This report has recommendations for a new FRBM act.
Jan 18, 2017 at 19:44 | Source: PTI
The Cabinet decision to exempt states barring four, Arunachal Pradesh, Delhi, Kerala and Madhya Pradesh, from NSSF investments from April 1, 2016 will help them raise cheaper funds from the market and reduce interest outgo.
Jan 18, 2017 at 09:14 | Source: Reuters
This comes at a time when corporate restructurings of the so-called "oversupplied industries" of shipping, shipbuilding, steel, construction and petrochemicals are ongoing. The finance ministry sees around 56,000-63,000 workers in the shipbuilding sector alone being affected between end-2015 to end-2017.
Jan 18, 2017 at 08:56 | Source: PTI
RBI Governor Urjit Patel will brief here tomorrow a parliamentary panel about demonetisation and its impact on the economy and the steps taken by the central bank to deal with the cash crunch.
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State Bank of Travancore has informed BSE that Shri. Manish Kumar, Under Secretary, Department of Financial Services, Ministry of Finance has been nominated as the Government Nominee Director on the Board of Directors of the Bank by the Government of India under Section 25 (1) (e) of the State Bank

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Expenditure Finance Commission (EFC) under Ministry of Finance cleared 29 proposals of various ministries involving expenditure of about Rs 2.11 lakh crore during the last year.

5.00 PM Jan 4th

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T) and Ministry of Finance (MoF), the association has asked for GST, availing of Export Promotion Capital Goods (EPCG) scheme and Service Exports from India Scheme (SEIS) without a Classification mandate, issuance of tax-free `Hospitality Infrastructure Bonds`.

12.19 PM Dec 27th 2016

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Budget relaxation for travel operator as Associations of India (FHRAI) has urged the government to rationalise taxes and amend policies for aligning the tourism sector. In the pre-Budget memorandum submitted to the Ministry of Tourism (MoT) and Ministry of Finance (MoF), the association has asked

3.04 PM Dec 26th 2016

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Central Bank of India has informed that Smt N. S. Rathnaprabha, who was nominated as Part-time Non-official Director on the Board of the Bank for a period of 3 years, vide Government of India, Ministry of Finance, Notification dated Dec 19, 2013, has ceased to be the Director of the Bank w.e.f. Dec

10.35 AM Dec 19th 2016

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Central Bank of India has informed BSE that Smt N. S. Rathnaprabha, who was nominated as Part-time Non-official Director on the Board of the Bank for a period of 3 years, vide Government of India, Ministry of Finance, Notification dated December 19, 2013, has ceased to be the Director of the Bank w

10.05 AM Dec 19th 2016

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The Directorate General of Safeguards (DGS), ministry of finance, has prescribed against imposing safeguards on unwrought aluminium (aluminium not alloyed and aluminium alloys). The government body reached to this conclusion citing lack of evidence over imports hurting profitability of domestic

1.38 PM Dec 16th 2016

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Finance Manager at ING Barings (UK). Prior to joining IIFCL, he was handling Financial Markets in the Department of Economic Affairs, Ministry of Finance, where he handled policy and regulatory matters relating to Capital Markets, Foreign Institutional Investment, Foreign Exchange Management and External

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received from Ministry of Finance assigning additional charge to Shri Sanjeev Kaushik (IAS-KL 92) as Deputy Managing Director of IFCI Limited, Board of IFCI has inducted Shri Sanjeev Kaushik as Director and appointed him as Deputy Managing Director w.e.f December 12, 2016.

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General of Accounts from Department of Expenditure, Ministry of Finance, Government of India.3) He is not related to any other director of the Company.".On basis of above the Company is required to clarify following:1. Brief profile (in case of appointment);The response of the Company is enclosed.

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