Finance - general
Govt won't allow the cash bulge again, says Jaitley
17 Dec 2016
While adequate liquidity is essential for meeting the needs of the productive sectors, there is not a direct link between excess liquidity and lending rates, according to the finance ministry
I-T seizes new and old currency in Bengaluru, Panjim, Faridabad
14 Dec 2016
More and more cases of collusion between black money holders and bank officials are coming to light as the I-T Department and other agencies expand searches to all parts of the country
Demonetisation would help govt lower tax rates in future: Jaitley
14 Dec 2016
As more hoarded money comes into the open, future tax revenues would also be much higher, which in turn would enable the government at some stage to make taxes more reasonable, Jaitley said
Karnataka JD (S) leader among 8 held in currency racket
13 Dec 2016
The CBI has so far arrested eight middlemen, four bank officials and a Reserve Bank official in raids, in which crores of rupees in new notes have been found
Govt to print plastic currency to foil counterfeiting; scraps all Rs500 notes
09 Dec 2016
The government is working on the introduction of plastic currency notes in its bid to stop counterfeiting of banknotes, even as the abrupt demonetisation failed to drive out bad money from the economy
Government to forgo tax on card transactions below Rs2,000
08 Dec 2016
Considering that 50-60 per cent of digital transactions in India are sub-Rs2,000 in value, this will cause a big revenue loss for the government
FM points to 16 Sept deadline as consensus evades GST council meet
03 Dec 2016
The finance minister, says that efforts will be made to have a wide tax base and simple and reasonable tax rate, even as the first day of the fifth meeting of the GST Council failed to break fresh ground
Govt’s public debt up 3% in Q2 of FY17
28 Nov 2016
Govt sees windfall with 60% tax on unaccounted cash
26 Nov 2016
Government expects the cash pile of demonetised currency at banks to swell to around Rs15,00,000 crore by the end of the 50-day window on 30 December
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