The Appointments Committee of the cabinet approved the proposal to appoint Subramanian for three years
CBDT has said that a cut by the U.S. or talks to lower rates by the European Union nations shouldn’t result in a kneejerk reaction
The government plans to impose 12-15 percent compensation cess on caffeinated drinks classified as other non-alcoholic beverages.
GST collections dipped below Rs 1 lakh crore in October
PMO refused to intervene after the Indian Banks’ Association sought help against the demand to pay GST on free services.
The Centre is confident that the break-and-sell plan will work after a failed attempt to draw buyers.
The government may infuse around Rs 42,000 crore by Dec. 15.
Heads of PSU banks can now request look-out circulars to be issued against wilful defaulters from fleeing India, an official said.
Ajay Bhushan Pandey, the head of Aadhaar-issuing authority, will be the next revenue secretary as Hasmukh Adhia retires on Nov. 30
The RSS-ideologue says that the standoff between the government and RBI is not a “happy” thing.
The government hopes RBI will address issues related to liquidity to NBFCs and credit flow for MSMEs in its next meet on Nov. 19.
Government will push for relaxing capital adequacy norms of Indian banks and align them with global practices, an official said.
The Directorate General of Anti-Profiteering found Hindustan Unilever Ltd. profiteered to the extent of Rs 495 crore.
RBI Governor Urjit Patel met the Prime Minister on Nov. 9 to find middle ground amid a tussle between government and central bank.
Department of Economic Affairs secretary has denied that the government is seeking excess capital from the RBI.
Government feels the RBI is following too stringent a framework to assess its capital needs
Steps taken by the government will help address these concerns, Corporate Affairs Secretary Injeti Srinivas said.
India furthers its push to the small and medium small enterprises.
RBI has called for next board meeting on Nov. 19, said people familiar with the matter
The GST collection for September improved from previous month and crossed the Rs 1-lakh-crore-mark.
The liquidity crunch faced by non-banking lenders overshadowed discussions at a Fiscal Development and Stability Council meeting.