Union Finance Ministry: News

28 Feb 2022

Government of India

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.

26 Apr 2020


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.

01 Aug 2019


#CareerBytes: Some lesser known perks of being an IRS officer

The Indian Revenue Service (IRS) is one of the most sought-after Civil Services in the country.

10 Jul 2019


#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.

17 Apr 2019


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.

02 Sep 2018


Mehul Choksi's properties are money laundering assets: PMLA Authority

A designated PMLA authority has held that 41 properties worth about Rs. 1,210 crore, attached by the Enforcement Directorate (ED) in the name of absconding diamond jeweler Mehul Choksi and his associated firms, are money laundering assets.

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.

20 Apr 2018

Narendra Modi

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.

31 Mar 2018


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.

13 Jan 2017


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.