Monday, December 23, 2024

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finance ministry

Gross NPA declines for the first time in seven years, thanks to Insolvency and Bankruptcy Code, says RBI report

The RBI report stated that there was a decline in both gross NPA and in the net NPA ratios.

Crackdown against corruption: Centre orders compulsory retirement for 21 tainted tax officials

21 Income tax officers facing charges of corruption and bribery have been sacked by the central government.

Deadline for linking of PAN with Aadhaar extended till end of the year 2019

Linking of PAN with Aadhaar has been made mandatory and upheld by the SC

High Level Committee recommends CSR expenditure to be made tax deductible, non-compliance to be made civil offence with no imprisonment

High Level Committee on CSR recommends non-compliance should attract only penalty, not jail term

Government extends relief to startups, simplifies the process of angel tax assessment

The Central Board of Direct Taxes (CBDT) has clarified that no verification will be done by an assessing officer if a startup has been recognised by the Department for Promotion of Industry and Internal Trade.

Finance Ministry needs to move away from Socialist policies: Surcharge on rich was wonky enough, new CSR norms are beyond ridiculous

Across the globe there are discussions regarding CSR norms and their implications for social responsibility, governments, public policy and society in general. There are many arguments for and against CSR norms and most of these arguments are valid.

Fact Check: Is the Finance Ministry restricting media entry in its premises as claimed by the media and Congress?

The Finance Ministry has even set up an air-conditioned waiting room where adequate seats and charging points are provided for electronic gear. Arrangements for tea and coffee have also been made. However, media persons have to seek prior appointments before entering the ministry premises.

Budget 2019: Central focus of all programmes of the Narendra Modi government is “Gaon, Garib and Kisan”

Nirmala Sitharaman added that 1.5 crore rural homes have been completed under PMAY phase I till now and 1.95 crores more houses to be provided to eligible beneficiaries in phase 2 now by 2022. 

Action against ‘anti-NDTV’ officer result of various transgressions, cases against NDTV founders to continue

One name in that stood out in the list of 12 officers and created quite the flutter, was SK Srivastava, the man who had been leading the charge against NDTV.

12 senior govt officials ordered compulsory retirement by the Finance ministry over various charges.

Axe falls on corrupt officials sitting atop bureaucratic ranks and non-performing officials.

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