Union Finance Ministry: News
What is Unified Pension Scheme introduced for central government employees
The Finance Ministry has announced a new pension scheme, the Unified Pension Scheme (UPS), which will come into effect from April 1, 2025.
Digital transactions in FY25's first 5 months hit ₹1,669L crore
The Union Finance Ministry has reported a significant rise in the value of digital payments, reaching ₹1,669 lakh crore within the initial five months (April-August) of the current fiscal year 2024-25.
December GST collections climb 10% YoY to Rs. 1.65L crore
The Union Ministry of Finance has revealed that the Centre's Goods and Services Tax (GST) collections for December 2023, reached Rs. 1.65 lakh crore.
Madhabi Puri Buch becomes first woman chairperson of SEBI
The Indian government on Monday appointed Madhabi Puri Buch as the new chairperson of the Securities and Exchange Board of India (SEBI)—the country's market regulatory body.
India's super-rich may face wealth tax to aid coronavirus-hit economy
In a bid to reduce the impact of the coronavirus pandemic on the economy, 50 Indian Revenue Service (IRS) officers have suggested a 40% tax for the super-rich, a one-time COVID-19 relief cess of 4%, etc.
#CareerBytes: All about the life of an IRS officer
Joining the Indian Civil Services is a dream for many. While the Indian Administrative Service (IAS) is the most sought-after, the Indian Revenue Service (IRS) is also a coveted Civil Service in the country.
Government removes ED Mumbai chief over Nirav Modi case controversy
Enforcement Directorate's Special Director in Mumbai, Vineet Agarwal, has been removed from the post by the government on Tuesday.
Thane Police busts Rs. 500 crore cryptocurrency racket; 1 arrested
Thane Police has busted an online cryptocurrency racket, which had allegedly collected an estimated Rs. 500cr from people with a promise of good returns; it has arrested one person.
Indian banks received highest fake currency post demonetization: Report
The country's banks received an all-time high amount of fake currency and also detected an over 480 percent jump in suspicious transactions post demonetization, the first-ever report on dubious deposits made in the wake of the 2016 notes ban has revealed.
Delhiites can soon make e-payments of telephone, water, electricity bills
In a move aimed at promoting digitization of payments for government services, Delhi Government has asked all principal secretaries and secretaries to ensure e-payments of electricity, water, and telephone bills in their respective departments.
Demonetization seems to have hit agriculture the hardest
After two consecutive drought years, 2016 was expected to be a relatively better year for India's farmers till 8 Nov'16.