Committee recommends special resolution regime for financial firms
Newsroom24x7 Staff New Delhi: The Committee set up to draft a Code on Resolution of Financial Firms has drafted a Bill that envisages the setting up of a Resolution Corporation […]
Implementation of GST: Why involve a Private Limited Company in a Sovereign Function?
Lalit Shastri The directive by Union Finance Ministry to the Central Board of Excise and Customs (CBEC) and Central Board of Direct Taxes (CBDT) to share data with Goods and Services Tax […]
GST: Finance Ministry commits blunder; now centre can levy and collect Excise duties only on petroleum and tobacco products
Lalit Shastri The Ministry of Finance Department of Revenue has committed a huge blunder by issuing a gazette notification fixing Friday September 16, 2016 as the date to enforce the […]
MP, Rajasthan Chief Ministers discuss process for allocation of Central funds to States
Newsroom24x7Staff New Delhi: Chief Minister of central Indian state Madhya Pradesj Shivraj Singh Chouhan along with Rajasthan CM Vasundhara Raje Scindia today held discussions with senior officers of Union Finance Ministry […]
Top level Customs and Excise department promotions leave many frustrated, pressure mounts on FM to intervene
Newsroom24x7 Desk New Delhi: In its zeal to send a message that the Government is working across the administrative set up in the Customs & Central Excise department, the Department […]
Finance Ministry welcomes RBI decision to cut Repo Rate by 25 basis point
Newsroom24x7 Desk New Delhi, Jan. 16: Union Ministry of Finance says that the 25 basis point Repo Rate cut announced by the Reserve Bank of India (RBI) is a welcome move and […]
Finance Ministry grappling with fiscal deficit too early in the day
Newsroom24x7 Desk New Delhi, Jan. 9: The estimated primary deficit of Government of India as per budget estimates for 2014-15 was Rs. 104166 crore. Against this the actual primary deficit […]
