finance ministry
Markets
India govt says no proposal to offer long-term tax relief for local equity investors
India's finance ministry told the parliament on Monday that there is no proposal to scrap long-term capital gains ......
Finance
I-T Dept offers relief to foreign funds, exempts bets made before 2017 from tax-evasion rules
India said it would not apply its strict tax evasion rules on foreign investments made before April 2017, easing ......
General
India plans to scrap curbs on Chinese firms bidding for government contracts
India's finance ministry plans to scrap five-year-old restrictions on Chinese firms bidding for government contracts......
Finance
Govt plans to more than double the cap on foreign investment in state-run banks
India is planning to allow direct foreign investment in state-run banks of up to 49%, more than double current limits, ......
TMT
Finance Ministry to meet fintech CXOs next week to alleviate concerns
India's finance ministry will hold meetings with the country's fintech startups next week to urge them to comply......
General
Centre notifies final rules on angel tax for foreign investments in private companies
The finance ministry has brought out final valuation rules applicable to foreign investments into unlisted shares in ......
Economy
India to use revenue surge to fund welfare drives, not beat fiscal deficit target - sources
India will utilise a big bump in revenue collection to fund welfare programmes instead of trying to beat its fiscal ......
Infrastructure
Govt allows private provident funds to invest in domestic VCs, infrastructure funds
The government of India has opened the door for “recognised provident funds” to invest in domestic venture capital...
Finance
Govt wants RBI to buy out stressed assets of shadow banks
India’s finance ministry wants the Reserve Bank of India to set up a fund to buy out stressed assets of ......
Markets
Sensex records worst weekly fall in three weeks on poor earnings, hawkish Fed
Indian shares reversed course and ended higher on Friday, led by gains in information technology (IT) and automobile stocks, after...









