Finance Ministry

Latest articles

42m
The Borneo Post
Application for br1m 2018 opens on MondayApplication and update of information for 1Malaysia People’s Aid (BR1M) 2018 wi
The Borneo Post / Posted 42 minutes ago
Application and update of information for 1Malaysia People’s Aid (BR1M) 2018 will commence on Monday until Dec 31. The Finance Ministry in a statement yesterday said, application and update of information could be carried out manually or online... Read more
1h
The Hindu
Bids for 20,000 MW of solar in the worksNew and Renewable Energy Secretary Anand Kumar said. “One demand had to do with
The Hindu / Posted an hour ago
New and Renewable Energy Secretary Anand Kumar said. “One demand had to do with customs duty [being charged] for solar components.” Earlier, they wer exempt. “We have taken this up with the Finance Ministry... and the issue will be fixed in 10 da... Read more
4h
AllAfrica.com
Assembly Passes Bill On Taxes On Luxury Goodson the product will slow down the bottling in the breweries, resulting in the p
AllAfrica.com / Posted 4 hours ago
on the product will slow down the bottling in the breweries, resulting in the production of less beer and hence less tax. Finance Ministry officials told AIM this problem will be overcome by using a digital rather than a physical stamp, and there... Read more
5h
Zero Hedge
S&P Futures Hit Record High As European Euphoria Takes Over Forgotten China Routa net weekly injection of CNY 150bln vs. Prev. CNY 810bln net injection last we
Zero Hedge / Posted 5 hours ago
a net weekly injection of CNY 150bln vs. Prev. CNY 810bln net injection last week. PBoC set CNY mid-point at 6.5810. China Finance Ministry said it will lower import tariffs on some consumer products from December, with import duties to be cut to... Read more
7h
AllAfrica.com
Witnessing an Elite Transition As Economic Meltdown LoomsMovement for Democratic Change (MDC) leaders: Tsvangirai as prime minister (his
AllAfrica.com / Posted 7 hours ago
Movement for Democratic Change (MDC) leaders: Tsvangirai as prime minister (his 2009-13 role), Biti in the finance ministry to raise support from Western donors, and Welshman Ncube (56) who enjoys widespread support among the... Read more
4909 related articles
7h
Central Chronicle
More states in process of notifying guidelines to regulate direct selling industry: Ministerindependent accreditation for direct selling companies. In Malaysia, the Direc
Central Chronicle / Posted 7 hours ago
independent accreditation for direct selling companies. In Malaysia, the Direct Selling Association works closely with the Ministry of Domestic Trade, Co-Operatives and Consumerism, Ministry of Finance, Ministry of Health and other government... Read more
7h
Zero Hedge
China Slashes Import Tariffs on Consumer Goods In Boost For Trump And Western ExportersChina announced it is slashing import tariffs on 187 consumer products starting
Zero Hedge / Posted 7 hours ago
China announced it is slashing import tariffs on 187 consumer products starting next month. The Finance Ministry pointed to the cuts being concentrated in products in short supply domestically which, it believes, will prompt local producers to... Read more
7 related articles
8h
Marketing Interactive
Marianne Admardatine named Indonesia CEO for JWT and Mirumthe course of her career, she has worked on a wide range of accounts including
Marketing Interactive / Posted 8 hours ago
the course of her career, she has worked on a wide range of accounts including Indonesian Ministries of Tourism, Ministry of Finance, Ministry of Communication and Informatics, Bank of Indonesia, HSBC, Unilever, Pertamina, SONY, Disney,... Read more
8h
EuroNews
China cuts import tariffs on food, drugs and apparelcurrent 17.3 percent, the Ministry of Finance said on its website. “People’s co
EuroNews / Posted 8 hours ago
current 17.3 percent, the Ministry of Finance said on its website. “People’s consumption demands are ever increasing,” the finance ministry said. “(The tax cuts) will benefit the choices available to consumers domestically, and help upgrade the... Read more
11h
The Sacramento Bee
China cuts import tariffs on some consumer goodsshoes, cosmetics and infant formula. The latest changes are meant to "enrich d
The Sacramento Bee / Posted 11 hours ago
shoes, cosmetics and infant formula. The latest changes are meant to "enrich domestic consumption choices," said a Finance Ministry statement. They take effect Dec. 1 and will reduce import duties on some products by up to two-thirds. Sign... Read more
11 related articles
12h
asianage
No proposal to withdraw cheque book facility: Finance MinistryNew Delhi: The finance ministry on Thursday said there is no proposal to withdr
asianage / Posted 12 hours ago
New Delhi: The finance ministry on Thursday said there is no proposal to withdraw the bank cheque book facility as part of exercise to promote digital transaction. The clarification comes in the backdrop of reports in a certain section of media that... Read more
7 related articles
16h
Business Standard India
Modi govt pares back planned funding for crucial public health schemesaid was needed, according to sources and previously unreported government docu
Business Standard India / Posted 16 hours ago
said was needed, according to sources and previously unreported government documents reviewed by Reuters. The federal finance ministry in August renewed the National Health Mission with $20 billion of funding between 2017-20, against the... Read more
4 related articles
18h
The Indian Express
Assets ordinance cleared: Screws tighten on defaulters with tough new rules for biddinghave been built in to keep a high quality bar for companies that will be allowe
The Indian Express / Posted 18 hours ago
have been built in to keep a high quality bar for companies that will be allowed to takeover companies under resolution, Finance Ministry officials said. “The ordinance aims at putting in place safeguards to prevent unscrupulous, undesirable... Read more
16 related articles
18h
The Indian Express
Moody’s rating up, all eyes on word from S&P nowfirst time since 2004, all eyes are now on global rating agency Standard & Poor
The Indian Express / Posted 18 hours ago
first time since 2004, all eyes are now on global rating agency Standard & Poor’s (S&P) review expected on Friday, a senior finance ministry official said here today. “The S&P is coming out with its review, we are bracing for both a positive and a... Read more
4 related articles
20h
Business Standard India
Life insurers slide on higher tax fearson Thursday on concerns that higher taxation could impact profitability and val
Business Standard India / Posted 20 hours ago
on Thursday on concerns that higher taxation could impact profitability and valuations. The fear was triggered after the finance ministry set up a task force to have a re-look at direct taxation. The 2009 Direct Tax Code had proposed to bring... Read more
23h
The Hindu
Politics and Padmavatihad already been banned in India in October 1988, under the Customs Act, and th
The Hindu / Posted 23 hours ago
had already been banned in India in October 1988, under the Customs Act, and that while issuing the curb on its import the Finance Ministry clarified that the “ban did not detract from the literary and artistic merit of Rushdie’s work”. “Thanks for... Read more
23h
Channel NewsAsia
Backlash among German MPs against parliamentary Twitter bantitan's strength risks being undermined by more nimble digital upstarts from Si
Channel NewsAsia / Posted 23 hours ago
titan's strength risks being undermined by more nimble digital upstarts from Silicon Valley. During his decade at the finance ministry, Schaeuble earned a reputation for ruthlessly policing indebted euro zone states' budgets. Lawmakers chose... Read more
1d
Swissinfo
Backlash among German MPs against parliamentary Twitter bantitan's strength risks being undermined by more nimble digital upstarts from Si
Swissinfo / Posted yesterday
titan's strength risks being undermined by more nimble digital upstarts from Silicon Valley. During his decade at the finance ministry, Schaeuble earned a reputation for ruthlessly policing indebted euro zone states' budgets. Lawmakers chose... Read more
1d
PRWeek US
Bulgaria's foreign ministry appoints APCO for brief covering EU Presidencythe event, Amsterdam edged the Italian city into second place. It also did PRWe
PRWeek US / Posted yesterday
the event, Amsterdam edged the Italian city into second place. It also did PRWeek Global Awards-winning work with Ukraine's finance ministry in 2015. APCO does not have an office in Bulgaria itself but has several Bulgarian natives working for the... Read more
1d
PRWeek UK
Bulgaria's foreign ministry appoints APCO for brief covering EU Presidencythe event, Amsterdam edged the Italian city into second place. It also did PRWe
PRWeek UK / Posted yesterday
the event, Amsterdam edged the Italian city into second place. It also did PRWeek Global Awards-winning work with Ukraine's finance ministry in 2015. APCO does not have an office in Bulgaria itself but has several Bulgarian natives working for the... Read more
1d
The Hindu
No proposal to withdraw cheque book facility says finance ministryThe finance ministry on Thursday said that there is no proposal to withdraw the
The Hindu / Posted yesterday
The finance ministry on Thursday said that there is no proposal to withdraw the bank cheque book facility as part of exercise to promote digital transaction. The clarification comes in the backdrop of reports inthat there is a possibility that the... Read more
7 related articles
1d
Business Standard India
No proposal to withdraw cheque book facility: FinMinThe finance ministry today said there is no proposal to withdraw the bank chequ
Business Standard India / Posted yesterday
The finance ministry today said there is no proposal to withdraw the bank cheque book facility as part of exercise to promote digital transaction. The clarification comes in the backdrop of reports in a certain section of media that there is a... Read more
7 related articles
1d
asianage
No proposal to withdraw bank cheque book facility, clarifies Finance Ministryprobability, the Centre may withdraw the cheque book facility in the near futur
asianage / Posted yesterday
probability, the Centre may withdraw the cheque book facility in the near future to encourage digital transactions. The finance ministry said that though the Government is committed to transform India into a less cash economy and promote digital... Read more
7 related articles
1d
The Irish Times
US insurer considers Dublin expansion over Brexitfinancial services firms has increased significantly given the uncertainty surr
The Irish Times / Posted yesterday
financial services firms has increased significantly given the uncertainty surrounding the eventual outcomes,” the finance ministry said, adding “it cannot comment on queries regarding individual firms for reasons including commercial... Read more
1d
Gulf News
Scandal-hit Pakistan finance minister takes sick leavethe income of former prime minister Nawaz Sharif and his lavish lifestyle, part
Gulf News / Posted yesterday
the income of former prime minister Nawaz Sharif and his lavish lifestyle, particularly his family properties in London.A finance ministry official confirmed to AFP Thursday that Dar has applied for and been granted the leave.Local reports have... Read more
1d
asianage
Pak Finance Minister indicted in Panama Papers granted leave for healthRevenue and Economic Affairs in the Cabinet of Abbasi but the new premier separ
asianage / Posted yesterday
Revenue and Economic Affairs in the Cabinet of Abbasi but the new premier separated Statistics and Privatisation from the Finance Ministry. Dar's son is married to a daughter of Sharif. The National Accountability Bureau had registered three... Read more
1d
Pakistan News Tribune
Govt withdrew the portfolio of Ishaq DarSenate Standing Committee on Finance had also made a similar demand. Sources s
Pakistan News Tribune / Posted yesterday
Senate Standing Committee on Finance had also made a similar demand. Sources say a number of reform initiatives at tax and finance ministry levels are facing undue delays. The situation at the Federal Board of Revenue is also not different from... Read more
1d
AllAfrica.com
Finance Unreliable - Opposition LeadersLeaders of opposition political parties on Tuesday said the finance ministry ha
AllAfrica.com / Posted yesterday
Leaders of opposition political parties on Tuesday said the finance ministry has lost all credibility over its economic projections and its budgetary processes. The opposition leaders, including Popular Democratic Movement (PDM) leader McHenry... Read more
1d
Business Standard India
Insurance stocks trade weak on fears of higher taxwere down in the range of 3% to 5% on the BSE. On comparison, the S&P BSE Sense
Business Standard India / Posted yesterday
were down in the range of 3% to 5% on the BSE. On comparison, the S&P BSE Sensex was up 0.11% at 33,597 at 02:45 PM. The Finance Ministry has constituted a task force for redrafting the direct tax law. The task force will submit its report within... Read more
1d
asianage
President okays ordinance to amend insolvency act, make it stricterwillful defaulters; those who have their accounts classified as non-performing
asianage / Posted yesterday
willful defaulters; those who have their accounts classified as non-performing assets for one year or more,” said the finance ministry in its tweet. These “persons” also include those who are “unable to settle their overdue amounts including... Read more
16 related articles
1d
Business Standard India
China shares post worst loss in 18 months, cracks 3% on bond selloffa planned issuance on Thursday of bonds worth no more than 10 billion yuan due
Business Standard India / Posted yesterday
a planned issuance on Thursday of bonds worth no more than 10 billion yuan due to "some reasons". EXIM, owned by the finance ministry and central bank, plays a critical role in providing export financing and government-directed lending to... Read more
1d
asianage
Flight tickets to get costlier as govt plans hiking passenger services feesecurity costs will be taken care of by the Consolidated Fund of India (CFI), t
asianage / Posted yesterday
security costs will be taken care of by the Consolidated Fund of India (CFI), the decision to hike the fee came after the finance ministry declined to fund the deficit, reported The Economic Times. According to what sources told the paper, the... Read more
1d
Business Standard India
Modi govt approves 20% cut in National Health Mission funding over 3 yearssaid was needed, according to sources and previously unreported government docu
Business Standard India / Posted yesterday
said was needed, according to sources and previously unreported government documents reviewed by Reuters. The federal finance ministry in August renewed the National Health Mission with $20 billion of funding between 2017-20, against the... Read more
4 related articles
1d
AllAfrica.com
Chinese May Have Greenlighted Military Takeoverblamed for the country's economic collapse, which is still having ripple effect
AllAfrica.com / Posted yesterday
blamed for the country's economic collapse, which is still having ripple effects today. Earlier this month, Zimbabwe's finance ministry warned that this year's budget deficit was slated to hit €1.5 billion, or 11.2 percent of gross domestic... Read more
4909 related articles
1d
asianage
India cuts back funding for National Health Missionsaid was needed, according to sources and previously unreported government docu
asianage / Posted yesterday
said was needed, according to sources and previously unreported government documents reviewed by Reuters. The federal finance ministry in August renewed the National Health Mission with USD 20 billion of funding between 2017-20, against the... Read more
4 related articles
1d
The Trinidad Guardian
JSC disturbed no audits in 5 yearsin its existence, it was still taken to task by a Joint Select Committee for fa
The Trinidad Guardian / Posted yesterday
in its existence, it was still taken to task by a Joint Select Committee for failing to submit annual reports to the Finance Ministry since 2012. This has resulted in the State-owned entity neglecting its statutory obligations. The company’s... Read more
1d
Channel NewsAsia
India pares back planned funding for crucial public health schemesaid was needed, according to sources and previously unreported government docu
Channel NewsAsia / Posted yesterday
said was needed, according to sources and previously unreported government documents reviewed by Reuters. The federal finance ministry in August renewed the National Health Mission with US$20 billion of funding between 2017-20, against the... Read more
4 related articles
1d
EuroNews
India pares back planned funding for crucial public health schemesaid was needed, according to sources and previously unreported government docu
EuroNews / Posted yesterday
said was needed, according to sources and previously unreported government documents reviewed by Reuters. The federal finance ministry in August renewed the National Health Mission with $20 billion (15.00 billion pounds) of funding between... Read more
4 related articles
1d
Business Standard India
Govt sets up Arbind Modi-led panel to overhaul, simplify income tax lawsa new direct tax law in consonance with economic needs of the country, the Gove
Business Standard India / Posted yesterday
a new direct tax law in consonance with economic needs of the country, the Government has constituted a task force," a finance ministry statement said. Other members of the task force include Girish Ahuja (chartered accountant), Rajiv Memani... Read more
7 related articles
1d
dna
Hafiz Saeed 'designated' terrorist leader by UN and US: Trump admin reminds Pakistanof Saeed as Pakistan may face international sanctions," an official requested.\
dna / Posted yesterday
of Saeed as Pakistan may face international sanctions," an official requested.\ He also told the board that the Federal Finance Ministry has 'some important evidence' against Saeed to justify his detention. He further informed that Saeed had... Read more
81 related articles
1d
Business Standard India
'A serious blow' to India: Hafiz Saeed after Pak court orders his releaseof judges from the Lahore High Court rejected a plea from Punjab province to ex
Business Standard India / Posted yesterday
of judges from the Lahore High Court rejected a plea from Punjab province to extend Saeed's detention after a senior Finance Ministry official failed to convince the board that his release would lead to diplomatic and other problems for... Read more
81 related articles
1d
The Indian Express
Insolvency code being changed, wilful defaulters can’t bid for stressed assetsapplicants, the bid amount is expected to go up, resulting in banks realizing t
The Indian Express / Posted yesterday
applicants, the bid amount is expected to go up, resulting in banks realizing the best value for stressed assets,” a senior finance ministry official said. The government had, last year, enacted the IBC and earlier this year empowered the Reserve... Read more
16 related articles
1d
asianage
Centre sets up panel to rewrite income-tax lawMansi Kedia (ICRIER consultant). Dr Arvind Subramanian, chief economic adviser,
asianage / Posted yesterday
Mansi Kedia (ICRIER consultant). Dr Arvind Subramanian, chief economic adviser, will be a permanent special invitee. The finance ministry said the task force will draft the new direct tax legislation keeping in view tax systems in various... Read more
7 related articles
2d
dna
India can do no harm to me, Kashmir will soon get freedom: Hafiz Saeed after his release orderZakiur Rehman Lakhvi in the light of evidence it had provided to Islamabad. Be
dna / Posted 2 days ago
Zakiur Rehman Lakhvi in the light of evidence it had provided to Islamabad. Before the board's decision, a federal finance ministry official appeared before it and submitted "some important evidence" against Saeed to justify his detention.... Read more
25 related articles
2d
The Hindu
New direct tax law cominga task force to review the country’s 56-year old Income Tax law and suggest a n
The Hindu / Posted 2 days ago
a task force to review the country’s 56-year old Income Tax law and suggest a new law to replace it. On Wednesday, the Finance Ministry formed a task force led by Central Board of Direct Taxes Member Arbind Modi to review the Income Tax Act,... Read more
7 related articles
2d
asianage
Winter Session likely from Dec 15; won't overlap with polls, says Jaitley15 till January 5, they said on the condition of anonymity. Later, briefing th
asianage / Posted 2 days ago
15 till January 5, they said on the condition of anonymity. Later, briefing the reporters on the Cabinet decisions, Finance Ministry Arun Jaitley said the Winter Session schedule would be such that it did not overlap with the... Read more
17 related articles
2d
asianage
Govt sets up panel to review income tax lawsa new direct tax law in consonance with economic needs of the country, the Gove
asianage / Posted 2 days ago
a new direct tax law in consonance with economic needs of the country, the Government has constituted a task force," a finance ministry statement said. The task force will submit its report to the government within 6 months. Chief Economic... Read more
7 related articles
2d
EuroNews
Swiss banks need to meet minimum leverage ratio of 3 pctthe government said after a cabinet meeting. The regulations are in line with d
EuroNews / Posted 2 days ago
the government said after a cabinet meeting. The regulations are in line with draft proposals unveiled in April by the finance ministry. Regulators around the world have been working on rules to strengthen banks following the 2007-2009... Read more
2d
Business Standard India
Govt sets up six-member task force to draft new direct tax lawa new direct tax law in consonance with economic needs of the country, the Gove
Business Standard India / Posted 2 days ago
a new direct tax law in consonance with economic needs of the country, the Government has constituted a task force," a finance ministry statement said. The task force will submit its report to the government within 6 months. The panel has... Read more
7 related articles
2d
asianage
Cabinet approves India's membership for EBRDservices, information technology and energy. "Initially, we will take 100 shar
asianage / Posted 2 days ago
services, information technology and energy. "Initially, we will take 100 shares," Jaitley said, adding that the finance ministry will decide on increasing its shareholding through negotiations. An official statement said that the... Read more
More

In this news