Finance - general
Modi launches Rs75,000-cr PM-Kisan scheme
25 Feb 2019
The PM-Kissan scheme, launched to address farm distress, guarantees Rs6,000 annually to each farmer with less than 2 hectares of land, in three installments
RBI pays Rs28,000 cr to govt as interim dividend
19 Feb 2019
RBI cuts repo rate by 25 bps to 6.25 per cent
07 Feb 2019
Backed by the fall in December headline inflation to an 18-month low of 2.19 per cent, the MPC meeting, the first for RBI governor Shaktikanta Das, also decided to lower India’s inflation projection for April-September to 3.2-3.4 per cent from the 3.8-4.2 per cent seen in December
CBDT gives non-filers 21 days to file I-T return
23 Jan 2019
Govt offers GST sops to small businesses
10 Jan 2019
The Goods and Services Council at its meeting today decided to raise the threshold limit for exemption from registration and payment of GST for supplier of goods to Rs40 lakh while also keeping the Rs20 lakh limit, leaving it to the states to decide
RBI allows one-time restructuring of MSME loans up to Rs25 cr
02 Jan 2019
MSME loans worth up to Rs25 crore in the default but standard category as on 1 January 2019 will be allowed a one-time restructuring, "without an asset classification downgrade" RBI said
Bimal Jalan heads panel on RBI’s economic capital framework
27 Dec 2018
The panel will decide on the appropriate size of reserves to be maintained by RBI as per public policy mandate, including financial stability considerations, to assess the extent of the profits that can be transferred to the government
Relief to common man as GST Council cuts rates on 23 items
24 Dec 2018
The decision will have an overall impact on revenue of Rs5,500 crore, union finance minister Arun Jaitley said after the meeting
GST slab for 99% items to be brought below 18%: PM Modi
19 Dec 2018
This would involve a huge outgo for the government as a reduction in GST on cement alone would translate into an annual revenue loss of about Rs14,000 crore as per official estimates
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