Page 81 - Finance Ministry
Revenue Deficit Grant of Rs 9,871 crore released to 17 states
The Ministry of Finance on Monday released the seventh monthly installment of Post Devolution Revenue Deficit (PDRD) Grant of Rs 9,871 crore to the states.
 "Revenue Deficit Grant of Rs 9,871 crore released to 17 states")
Indian economy on path to swift recovery: Finance Ministry report
Sustained and robust growth in agriculture, sharp rebound in manufacturing and industry, resumption of services activity and buoyant revenues suggest that the economy is progressing well: Report
 "Indian economy on path to swift recovery: Finance Ministry report")
K V Subramanian steps down as govt's chief economic adviser
He took over from Arvind Subramanian who had left due to personal reasons in June 2018
 "K V Subramanian steps down as govt's chief economic adviser")
India in last stage of finalising details on global minimum tax: FM
Finance Minister Nirmala Sitharaman on Wednesday said India is "very close" to arriving at the specifics of the two-pillar taxation proposition at the G20 and is in last stage of finalising details
 "India in last stage of finalising details on global minimum tax: FM")
Govt notifies processes for granting RoDTEP duty credits
An exporter must make a claim for RoDTEP in the shipping bill or bill of export by making the prescribed declaration
LIC to file draft IPO papers with Sebi by November, says FinMin official
Once the draft red herring prospectus (DRHP) is filed, merchant bankers will hold global and domestic road shows for investors by January, the official said
 "LIC to file draft IPO papers with Sebi by November, says FinMin official")
GST collection grows 23% to Rs 1.17 trn in Sep, surpasses pre-Covid levels
The collection continues to exceed Rs 1 trillion mark for the third month showing clear signs of recovery
 "GST collection grows 23% to Rs 1.17 trn in Sep, surpasses pre-Covid levels")
FinMin suggests holding clerical exams for PSBs in regional languages
The finance ministry has suggested the Institute of Banking Personnel Selection to hold clerical recruitment exam for public sector banks (PSBs) in 13 regional languages along with English and Hindi
 "FinMin suggests holding clerical exams for PSBs in regional languages")
Govt widens scope of ECLGS, extends scheme deadline till March
The government has been receiving demands from various industry bodies and other stakeholders to extend the scheme to ensure continued support to eligible sectors/businesses
 "Govt widens scope of ECLGS, extends scheme deadline till March")
FinMin officials pitch for better sovereign rating outlook with Moody's
Finance Ministry officials and representatives of rating agency Moody's on Tuesday discussed economic growth prospects, during which India pitched for an upgrade in its sovereign rating outlook
India's fintech adoption rate at 87% as compared to 64% globally: FM
"I think India is the prime destination for digital activities, digital payments," FM Sitharaman said
 "India's fintech adoption rate at 87% as compared to 64% globally: FM")
India bonds likely to gain as govt refrains from adding to borrowing plan
The administration will adhere to its plan to borrow 12.05 trillion rupees ($163 billion) in the year through March, the finance ministry said in a statement Monday
 "India bonds likely to gain as govt refrains from adding to borrowing plan")
Draft e-Commerce Rules 2021: Why aren't all ministries on the same page?
There seem to be differences within the government on the draft e-commerce rules. How serious are these? Or is it just part and parcel of any robust policy-making process? Let's find out
 "Draft e-Commerce Rules 2021: Why aren't all ministries on the same page?")
Advance tax collection up 52% in September quarter, shows CBDT data
Current mop-up 14.6% higher than the 2019-20 level of Rs 2.21 trillion
 "Advance tax collection up 52% in September quarter, shows CBDT data")
Finance ministry notifies procedure for goods exported under RoDTEP
The rates for 8,555 products - such as marine, agriculture, leather, gems and jewellery - were announced under the RoDTEP scheme in August this year.
Finance Ministry withdraws spending curbs on ministries, departments
The overall expenditure of more than 80 out of 101 departments, including steel, labour and civil aviation, was restricted to 20% of the Budget estimate for this fiscal year
Top headlines: Govt withdraws spending curbs; direct tax mop-up grows 74%
Business Standard brings you the top headlines on Friday
Made additional efforts to clear Punjab's GST dues: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman on Friday said she made additional efforts to clear Punjab's pending GST dues of more than Rs 1,400 crore, which should be recognised
 "Made additional efforts to clear Punjab's GST dues: Nirmala Sitharaman")
Net direct tax mop-up grows 74% at Rs 5.7 trn so far this fiscal
Refunds amounting to Rs 75,111 crore have also been issued so far this fiscal.
 "Net direct tax mop-up grows 74% at Rs 5.7 trn so far this fiscal")
Finance Ministry to seek ratings upgrade for India in meeting with Moody's
The meeting is scheduled for September 28, according to people familiar with the matter
 "Finance Ministry to seek ratings upgrade for India in meeting with Moody's")