Officers & staff of Ministry of Finance , Financial Institutions and Public Sector Banks/Enterprises Contributes Rs 430 crore towards PM CARES Fund to combat COVID-19 outbreak

334 ViewsMinistry of Finance The Officers & staff of Ministry of Financeincluding the officials of financial institutions and Public Sector Banks/Enterprises under the Ministry have come forward to donate a day’s salary including under Corporate Social Responsibility (CSR) with anamount ofRs 430.13 crore to PM-CARES Fund  for providing assistance to those impacted by the COVID-19 […]

AarogyaSetu App for Covid-19 Tracker

143 ViewsMinistry of Electronics & IT The Government of India today launched a mobile app developed in public-private partnership to bring the people of India together in a resolute fight against COVID-19.The App, called ‘AarogyaSetu’ joins Digital India for the health and well-being of every Indian. It will enable people to assess themselves the risk for their […]

Repayment of 7.80% GS2020

105 ViewsMinistry of Finance The repayment of following securitiesis due as per details given below:  Table: Details of GoI Security maturing on May 03, 2020 Sl. No. Name of Security Scheduled Date of Repayment Effective date of Repayment No Interest Accrual from scheduled date of Repayment (1) (2) (3) (4) (5) 1. Repayment of 7.80% […]

Government provides relief for third party Motor Insurance & Health policy holders in the light of COVID-19 lockdown

159 ViewsMinistry of Finance The Government has provided relief for third party Motor Insurance & Health policy holders in the light of COVID-19 lockdown. The Ministry of Finance has issued notifications on April 1, 2020, stating that the renewal dates of Health and Motor insurance policies which fall in the period from March 25, 2020, […]

Finance Minister announces several relief measures relating to Statutory and Regulatory compliance matters across Sectors in view of COVID-19 outbreak

746 ViewsMinistry of Finance The Union Finance & Corporate Affairs Minister Smt. Niramla Sitharaman today announced several important relief measures taken by the Government of India in view of COVID-19 outbreak, especially on statutory and regulatory compliance matters related to several sectors. While addressing the press conference through video conferencing here today, Smt. Sitharaman announced […]

Strengthening Intellectual Property Rights (IPR) Regime in India

99 ViewsMinistry of Commerce & Industry Intellectual Property (IP) intensive industry is not defined. However, Department for Promotion of Industry and Internal Trade has taken various initiatives to strengthen Intellectual Property Rights (IPR) Regime in India like, legislative improvements, modernisation of IP offices, manpower augmentation, use of IT and technology in e-filing of applications, acceptance […]

Fake Currency

81 Viewsinistry of Finance As per data of National Crime Records Bureau (NCRB), there is declining trend in Fake Indian Currency Notes (FICN) seized during the years 2017, 2018 and 2019. This was stated by Shri Anurag Singh Thakur, Minister of State for Finance & Corporate Affairs, in a written reply to a question in […]

Cabinet approves release of an additional instalment of Dearness Allowance and Dearness Relief due from 1.1.2020

186 ViewsMinistry of Finance Cabinet approves release of an additional instalment of Dearness Allowance and Dearness Relief due from 1.1.2020 The Union Cabinet, chaired by the Prime Minister, Shri Narendra Modi has approved to release an additional instalment of Dearness Allowance (DA) to Central Government employees and Dearness Relief (DR) to pensioners w.e.f. 01.01.2020.  There […]

Smt. Nirmala Sitharaman holds Pre-Budget consultation with Finance Ministers of State/UTs

211 ViewsMinistry of Finance Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman held the Pre-Budget consultations with Finance Ministers of States and UTs (with legislature) here today. The meeting was attended by Chief Ministers of Goa, Haryana and Puducherry, Deputy Chief Ministers of Arunachal Pradesh, Bihar, Delhi, Tamil Nadu and Tripura as well […]

FM holds first Pre-Budget Consultations with the representatives of Digital Economy, Fintech and Start-Ups

4,315 ViewsMinistry of Finance The Union Minister of Finance & Corporate Affairs, Smt. Nirmala Sitharaman, started her Pre-Budget Consultations with different stakeholder Groups in connection with the forthcoming General Budget 2020-21 here today. Her first meeting was with the stakeholder Groups from Digital Economy, Fintech and Start-ups . The main areas of discussion during the aforesaid […]

FM holds Pre-Budget Consultation with representatives of Financial Sector and Capital Markets

347 ViewsMinistry of Finance The Union Minister of Finance & Corporate Affairs, Smt. Nirmala Sitharaman held her second Pre- Budget Consultation meeting with the stakeholders from Financial Sector and Capital Markets in connection with the forthcoming General Budget 2020-21 here today. The main areas of discussion during the meeting included issues namely increasing credit off […]

Transparency in chit fund schemes

161 ViewsMinistry of Corporate Affairs The Ministry of Finance, Department of Financial Services, has informed that to facilitate orderly growth of the Chit Funds sector, to remove bottlenecks being faced by the Chit Funds industry, and to enable greater financial access to people, the Chit Funds (Amendment) Bill, 2019 was introduced in Lok Sabha on […]