This is the second successive year that the RBI will be transferring an interim surplus. Last financial year, the RBI had paid an interim dividend of Rs 10,000 crore to the Centre.
Transmission of monetary policy decision is important and the same will be discussed with the heads of public and private banks on February 21, said the Reserve Bank of India (RBI) Governor Shaktikanta Das on Monday.
New Delhi [India], Feb 18 (ANI): Reserve Bank of India (RBI) Governor Shaktikanta Das will meet the heads of public and private sector banks on February 21 to seek their views on cutting interest rates for borrowers. On Monday, the RBI Central Board met Finance Minister Arun Jaitley for the customary
Arun Jaitley who has taken over the Finance Ministry Office on Friday is scheduled to address the post-budget meet of the RBI's central bank on Monday. The minister will highlight the key announcements made in the Interim Budget 2019 by Piyush
The board will make a decision based on the central bank's audited earnings for the first six months to decide the quantum of the dividend.
In Arun Jaitley’s absence, minister for railways and coal Piyush Goyal has been acting as the finance minister.
Addressing a huge rally at Dharampur taluka in Valsad district, Rahul said, Farmers are saying that Prime Minister please waive our loans. But the PM and Arun Jaitley said that they will not waive their loans. On the other hand, Rs 3.5 lakh crore loans of Anil Ambani, Nirav Modi, Mehul Choksi, Vijay
While GST transformed India into a single market, IBC ushered in a bankruptcy resolution regimeGST became a burdensome affair, especially for small businesses and exporters, in terms of filing requirements
This is the third time in current fiscal that GST (Goods and Services Tax) collections has crossed the Rs one lakh crore-mark.
Both the earlier and the current governments missed golden opportunities to make the tax structure simple and harassment-proof.
Nowadays, the people of Bengal want to hear news about jobs and are loath to follow the antics of the CBI, Kolkata Police Commissioner Rajeev Kumar and Chief Minister Mamata Banerjee.
While presenting the interim budget in the Parliament, Piyush Goyal has not left any significant socio-economic group out of his speech - from farmers to soldiers, salary earners to investors
Standard deduction for the salaried class in its new avatar is one-size-fits-all — it is the same for both the CEO of a company and his lowly minion at the bottom of the heap.
Chennai, Feb 07: Tamil Nadu Deputy Chief Minister and finance minister, O Panneerselvam will present the state budget for 2019-2020 in the Assembly on February 8. The budget session will begin from 10 am. [SC leaves it to EC to
Budget 2019 India: The two measures – tax sops for the middle class and farm relief – do not in any meaningful way address the structural problems of the recurring rural distress and the jobs crisis staring educated young Indians in the face.
The government has announced tax relief and a direct income scheme for farmers in its recent interim budget. Finance minister Piyush Goyal speaks to HT about the government’s philosophy behind the announcements and how it has prioritised reforms over...
If global investment funds and correspondents of the Western media were to judge the Interim Budget of 2019 presented by Piyush Goyal last Friday, they would unquestionably have honed in on a big government.
The Union minister also said, “The budget gives a better future to every section of society – the poor, middle class, the farmers, organised labour, and unorganised labour.”
This interim Budget was expected to provide benefits for the middle class. There were some welcome announcements from the recently-appointed Finance Minister Piyush Goyal during his speech. Some of the benefits may appeal to senior citizens, prospective home buyers, and anyone whose taxable income