The poor response from PSBs is partly because of higher existing exposure to NBFCs via lending, issues with NBFCs portfolio quality because of job losses, and stagnant income levels

Budget 2020: The finance ministry has sought ideas and suggestion to make the 'Union Budget-making process participative and inclusive'

Anti-CAA protest: CBDT extends advance tax payment deadline for northeastern states to Dec 31The CBDT on Sunday extended till December 31 the deadline for making advance tax payments for the northeastern states in view of the protests against the amended Citizenship Act. Earlier, the deadline was Sunday, December 15. Advance tax payments, under the direct taxes category, are made four times in a financial year.FM Sitharaman to hold pre-Budget consultations with stakeholders from M...

As per the finance ministry, Sitharaman will meet stakeholder groups of 'New Economy: Start-ups, Fintech and Digital Sector' on Monday

Finance Minister Nirmala Sitharaman is likely to present her second Budget for the Modi 2.0 government in Parliament on February 1

Forecast not only pegged the Tories way past the 326-mark required for the all-important majority in the 650-member House of Commons, but also meant Johnson's so-called divorce agreement is set to be turbo-charged to go full speed ahead

The window for one-time partial credit guarantee offered by government will remain open till 30 June, 2020 or till such date by which Rs 1 lakh crore assets get purchased by the banks, whichever is earlier

The pending dues include Rs 6946.29 core of tax devolution and Rs 8611.76 crore towards GST compensation, says Thackeray

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Responding to a question at an event in Delhi recently, finance minister Nirmala Sitharaman also said that the government was looking at myriad suggestions and the relaxation on personal income tax was one of them before it presents the Union Budget 2020 in February next year

MPC wants to have a greater clarity on nature of fiscal measures Modi government is planning to take in Union Budget 2020-21 next year; it also wants to see a greater transmission key lending rates

Railways posted the worst-ever operating ratio of 98.4% in 2017-18. The best-ever operating ratio was 74.7% in 1963-64

Sitharaman also added that government's 'Make In India' programme was attractive to foreign firms, resulting in establishment of new industries in the country that were moving out of China

Sitharaman tabled the first batch of Supplementary Demands for Grants for the financial year 2019-20 in both the Houses of Parliament saying of the total spend, cash outgo will be about 19,000 crore

Of 5,037 points gain on Sensex since September 20, these 12 stocks have added 4,437 points, translating into 88.10% contribution to the mega market rally on the key index

The government has sought Rs 8,820.62 crore as grants for Union territories Jammu & Kashmir and Ladakh in lieu of the erstwhile state's share of 14th Finance Commission Award

Sitharaman introduced the Bill just before the proceedings in the Lok Sabha were adjourned for the day following opposition uproar over political developments in Maharashtra

His remarks come days after Punjab FM Manpreet Singh Badal, along with the finance ministers of West Bengal, Kerala, Delhi and Rajasthan, had appealed to Nirmala Sitharaman to release the GST compensation without any delay

ICRA forecasted that there would be a further deterioration in the growth rate of India's GDP and the gross value added (GVA) at basic prices in YoY terms to 4.7 per cent and 4.5 per cent, respectively, in Q2 FY20, from 5 per cent and 4.9 per cent, respectively, in Q1 FY20

The states have proposed that the matter be put up on the agenda of the next GST Council meet to address the issue assuring compensation in future with \"due urgency and judiciousness\"