#financeministry

A top government source said that India shall very soon have its very own official digital currency. By 2023, this digital currency shall mirror any of the currently available private company-operated electronic wallets, but with a…

Bad Bank All Set To Start: Rs 50,000 Crore Bad Loans From 15 Cases To Be Transferred Before we delve into the current story, let us look at what exactly are bad debts and what are bad banks. When the borrowers of a bank start defaulting…

According to the Finance Ministry, the gross GST revenue collected in the month of May 2021 has crossed one lakh crore mark. GST Collection Crosses 1 Lakh Crore Mark With CGST is Rs 17,592 crore, SGST is Rs 22,653, IGST is Rs…

Claims Under the Pradhan Mantri Jeevan Jyoti Bima Yojana (PMJJBY) and Pradhan Mantri Suraksha Bima Yojana (PMSBY) are to be processed in seven days, directed Finance minister Nirmala Sitharaman to insurance companies on June 5. …

On Tuesday, as against the limit for tax exemption on interest earned on provident fund contribution by employees of Rs 2.5 lakh as proposed in the budget, the limit of the same has been increased to Rs 5 lakh per annum in specified…

As the government intends to complete the divestment latest by July-August, it has asked the bidders to submit their financial bids in next two months for the government's stake sale in national carrier Air India and Bharat Petroleum…