Currencies

The Finance Minister Nirmala Sitharaman will hold her 1st pre- budget consultations with top industrialists tomorrow i.e. December 14. The finance minister will start her pre-budget consultations with different stakeholder groups from tomorrow, December 14, 2020 in New Delhi and the meetings will be held virtually, the finance ministry said. The finance minister is likely to present her second...

In order to stimulate consumer demand in the economy the government on Monday announced Special Festival Advance scheme wherein all the central government employees will be eligible for an interest free loan of ₹ 10,000 which they will have to utilize on festival related spending up to March 31, 2021. The loan will be given to central government employees by...

Finance ministry sources have countered CAG audit finding of central government wrongly retaining Rs 47,272 crore of GST compensation cess meant for states, saying temporary retention cannot be termed as diversion. Days after the Comptroller and Auditor General (CAG) flagged that the Centre in the first two years of the GST implementation wrongly retained GST compensation cess that was meant...