Finance Ministry
Timelines
17 May 2020
Sitharaman fifth tranche announcements: All sectors open to private firms
Union Finance Minister Nirmala Sitharaman on Sunday announced the fifth and last tranche of the Rs. 20 lakh crore economic package announced by the government to revive the economy amid the coronavirus outbreak.
16 May 2020
Private firms allowed to access ISRO facilities, explore space travel
Finance Minister Nirmala Sitharaman on Saturday announced that the government will boost private participation in the space sector.
16 May 2020
Structural reforms in 8 sectors; coal won't be government monopoly
Union Finance Minister Nirmala Sitharaman addressed the media on Saturday for the fourth consecutive day to detail the government's economic package to revive the economy.
13 May 2020
Lockdown 4.0 imminent, ball in states' court now
India, locked down since March 25, will not get any reprieve from restrictions any time soon, an announcement by Prime Minister Narendra Modi last evening confirmed.
23 Apr 2020
Coronavirus: Installments of Dearness Allowance for government-employees put on hold
With coronavirus pandemic hurting the economy, the government said on Thursday it was holding installments of Dearness Allowance meant for Central government employees and pensioners.
12 Apr 2020
Coronavirus: India's death toll reaches 291; Delhi cases cross 1,000
The total number of coronavirus cases in India crossed 8,000 as the central government decided to extend the nationwide lockdown.
03 Apr 2020
Coronavirus: India's death toll crosses 80; over 2,500 infected
India on Friday witnessed a record single-day growth in the number of coronavirus infections, with 478 new cases emerging in the past 24 hours.
26 Mar 2020
India's coronavirus cases near 700; here's all that happened today
The total number of coronavirus cases in India jumped to 694 on Thursday evening, according to the Health Ministry.
23 Mar 2020
Coronavirus: Government workers to get paid during lockdown, says FM
The Ministry of Finance on Monday announced that government workers, who have been forced to stay at home during the lockdown for coronavirus, will continue to be paid.
29 Jan 2020
Courtesy EC, Anurag Thakur, Parvesh Verma removed as BJP's star-campaigners
Two leaders of the Bharatiya Janata Party, Anurag Thakur and Parvesh Singh Verma, have been removed as star-campaigners on the order of Election Commission for giving controversial speeches.
28 Jan 2020
Anurag Thakur's 'Goli Maaro...' chant invites trouble, he remains defiant
Union Minister Anurag Thakur behaved irresponsibly at an election rally when he openly called for shooting the "traitors" of the country.
18 Jan 2020
KV Kamath may join Finance Ministry, Swapan Dasgupta HRD
Prime Minister Narendra Modi's Cabinet will soon welcome new members, including technocrats who could influence major decisions.
17 Jan 2020
Budget 2020: What to expect? When will it be presented?
With the economy in crisis, all eyes are on the upcoming Union Budget for the fiscal year 2020-21.
14 Jan 2020
Political parties received two-third donations through opaque electoral bonds
In 2018-19 fiscal, the coffers of seven political parties overflowed, and a large chunk of this money came through the controversial electoral bond route.
07 Jan 2020
Income Tax relief for middle class likely in Budget 2020
With the announcement of the Union Budget 2020 less than a month away, the Ministry of Finance is apparently looking into providing income tax relief to the middle class.
21 Dec 2019
Bank KYC forms to start asking your religion: Here's why
Banks may soon start asking depositors to disclose their religion. What's the need for this?
08 Nov 2019
#NoteBanAnniversary: Ex-finance secretary says Rs. 2,000 notes can be demonetized
Exactly three years ago, Prime Minister Narendra Modi addressed the nation and wiped off Rs. 500 and Rs. 1,000 notes, making way for new Rs. 500 and Rs. 2,000 notes.
31 Oct 2019
Meet GC Murmu, the first L-G of Jammu and Kashmir
Nearly three months after the special status was withdrawn from Jammu and Kashmir, the newly-formed Union Territory got its new chief on Thursday.
28 Oct 2019
In ED custody, P Chidambaram's health worsens, rushed to AIIMS
Former Finance Minister P Chidambaram, who is in Enforcement Directorate custody, was on Monday rushed to AIIMS after his health dipped.
10 Oct 2019
PMC crisis: Nirmala Sitharaman says she'll talk to RBI Governor
Finance Minister Nirmala Sitharaman met distressed customers of the crisis-hit Punjab and Maharashtra Co-operative Bank (PMC) on Thursday and assured them she will speak to Shaktikanta Das, the Governor of Reserve Bank of India (RBI), this evening.
24 Sep 2019
Your Provident Fund rate raised to 8.65% for 2018-19
On Tuesday, the Labor Ministry notified 8.65% interest rate on Employees' Provident Fund (EPF) for the 2018-19 financial year.
17 Sep 2019
Your Provident Fund interest rate increased to 8.65% for 2018-19
On Tuesday, Labor Minister Santosh Gangwar announced that over 6 crore subscribers of the Employees' Provident Fund Organization (EPFO) would receive 8.65% interest on deposits for the financial year 2018-19.
09 Sep 2019
INX Media case: In message from Tihar, Chidambaram 'defends' officers
Former Finance Minister P Chidambaram, who is currently in Tihar jail, said on Monday that he doesn't want any of the officers involved in the INX Media case to be arrested as they didn't commit any wrongdoing.
06 Sep 2019
Amid economic slowdown, Anurag Thakur faces embarrassment at auto event
On Friday, Minister of State for Finance Anurag Thakur addressed the slowdown in the auto industry at the Automotive Component Manufacturers Association of India (ACMA) annual summit in New Delhi.
05 Sep 2019
Chidambaram faces arrest by ED as SC rejects bail plea
Thursday started on a sour note for former Finance Minister P Chidambaram as the Supreme Court rejected his plea seeking anticipatory bail in the case registered by Enforcement Directorate (ED).
01 Sep 2019
Indian Railways: E-tickets to get costlier as service charge restored
In what might come as a disappointment to passengers, e-tickets booked through Indian Railways Catering and Tourism Corporation (IRCTC) are set to get costlier, starting from today, ie. September 1.
29 Aug 2019
Earning Rs. 5L-10L? You might soon get income tax relief
The government should bring down income tax for those earning between Rs. 5 lakh and Rs. 10 lakh per year to 10%, a top panel has suggested.
27 Aug 2019
#NewsBytesExplainer: Why is RBI giving Rs. 1.76L crore to government
Amid an economic slowdown in the country, Reserve Bank of India (RBI) stepped in to bail out Prime Minister Narendra Modi's government.
22 Aug 2019
Beyond Chidambaram, these 7 politicians are also on CBI's radar
P Chidambaram's arrest by CBI on Wednesday is being viewed differently by various sections. While Congress sees it as a breach of privacy and government's revenge, BJP feels he is being brought to justice for "ill deeds".
22 Jul 2019
Haven't been elected to clean toilets: Pragya Thakur tells BJP-worker
Terror accused-turned-parliamentarian, Pragya Thakur, on Sunday sparked yet another controversy when she said she hasn't been elected to "clean toilets".
05 Jul 2019
Union Budget 2019: Know what became costlier and what cheaper
Union Finance Minister Nirmala Sitharaman spoke for more than two hours in her maiden budget speech and promised a better future to countrymen.
05 Jul 2019
Union Budget 2019: 7 announcements which Nirmala Sitharaman could make
India's first full-time female finance minister, Nirmala Sitharaman, will present the Union Budget in a short while from now.
18 Jun 2019
Crackdown on corruption: Narendra Modi fires 15 senior customs officers
Days after the Centre forcibly retired 12 senior Income Tax officials, it did the same with 15 other senior customs officials.
11 Jun 2019
Centre retires 12 senior tax officials over sexual-harassment, bribery charges
Less than two weeks after Prime Minister Narendra Modi started his second term, the Centre cracked down on corrupt officials of the Finance Ministry.
09 Jun 2019
13-year-old Kanpur-boy has written 37 letters to Modi. Here's why
Children are often the responsibility of their parents but a 13-year-old boy from Kanpur, Uttar Pradesh, has shown otherwise.
29 May 2019
Arun Jaitley asks Modi to not include him in Cabinet
Senior BJP leader Arun Jaitley, who handled Finance Ministry for years, has asked Narendra Modi to excuse him from the new government, claimed reports.
24 May 2019
Arun Jaitley might not return as Finance Minister: Report
After a resounding victory in 2019 Lok Sabha polls, Prime Minister Narendra Modi will soon take up the task of forming his cabinet.
12 Apr 2019
No ban on Electoral Bonds for now: Supreme Court
Passing an interim order on electoral bonds, the Supreme Court on Friday directed all political parties to give details of their funding in a sealed cover to Election Commission by May 30.
09 Apr 2019
#FinancialBytes: All about Public Provident Fund, its features, tax benefits
In India, the Public Provident Fund (PPF) is one of the most preferred long term tax-saving investment options for both salaried as well as non-salaried individuals.
22 Mar 2019
Pakistan to receive $2 billion loan from China by Monday
Cash-strapped Pakistan will receive over $2 billion loan from its "all-weather" ally China by Monday to provide a boost to its ailing economy, the former's Finance Ministry has announced.
