The Finance Ministry has launched a single-use, unidirectional switch option for central government employees who opted for the Unified Pension Scheme (UPS) to return to the National Pension System (NPS).…
In a significant move aimed at strengthening the Unified Pension Scheme (UPS), the Finance Ministry has extended income tax benefits currently available under the National Pension System (NPS) to the…
A key change in the 16th Finance Commission lineup was announced on Saturday with RBI Deputy Governor T Rabi Sankar appointed as a part-time member, following the resignation of Ajay…
NEW DELHI: With RBI cutting policy rates for the first time in five years, govt is set to lower rates on small savings schemes, such as Public Provident Fund (PPF),…
NEW DELHI: Officers and staff in the finance ministry have been asked not to download or use AI tools, such as ChatGPT and DeepSeek in their office computers as they…
NEW DELHI: The Finance Ministry on Tuesday inducted two new members in the governing council of the National Investment and Infrastructure Fund Trustee Ltd (NIIFTL) which provides strategic guidance on…
NEW DELHI: The outlook for the Indian economy is good, underpinned by a stable external sector, positive agricultural scenario, expected improvements in demand supported by the festive season, a finance…
NEW DELHI: Ahead of the festive season, the Centre on Thursday released tax devolution of nearly Rs 1.8 lakh crore to states. This includes the normal monthly devolution of Rs…
NEW DELHI: The Finance Ministry on Friday said that the central government plans to accumulate Rs 20,000 crores by introducing the 'Sovereign Green Bonds' in the second half (Oct-Mar) of…
Sukanya Samriddhi Yojana latest guidelines: The Department of Economic Affairs, under the Finance Ministry, has recently released updated guidelines to address irregularities in small savings accounts opened under the National…