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Tag: Ministry Of Finance

7th pay
7th Pay Commission: Additional DA For Central Govt Employees, DR For Pensioners; Latest Updates

New Delhi/Bhubaneswar: The Ministry of Finance had last year on April 23 informed that the Central government employees will not get the additional installments of Dearness Allowance (DA) and Dearness…

GST Compensation Shortfall: 8th Tranche Of Rs 6K Cr Released To States

New Delhi: Ministry of Finance has released the 8th weekly instalment of Rs 6,000 crore to the states to meet the GST compensation shortfall. Out of this, an amount of Rs 5,516.60 crore has been released to 23 States and an amount of Rs 483.40 crore has been released to the three Union Territories (UT) […]

Cost Cutting: No More New Posts In Central Ministries, Departments

New Delhi: Moving ahead with its cost-cutting measures amid a slowing economy and falling revenues, the Department of Expenditure has banned creation of new posts in all Central ministries, departments and statutory bodies. In an office memorandum on Friday, the department, which comes under the Ministry of Finance, said that the ban will cover all […]

GST evasion of Rs 12,766 cr detected in April-November

New Delhi: A total of 3,196 cases of Goods and Services Tax (GST) evasion amounting to Rs 12,766 crore have come to light in the first eight months of the current financial year, the Ministry of Finance said on Tuesday. Also, more than Rs 7,900 crore has been recovered during April-November 2018. “During the current […]

Jaitley launches mobile-friendly webpage of Finance Ministry

New Delhi: Union Finance Minister Arun Jaitley on Friday launched a mobile-friendly common landing webpage of the Ministry of Finance (www.finmin.nic.in) to provide a single-point access to all websites of five departments under the ministry. “The website is mobile format friendly across all platforms viz. Android, Windows, and iOS. The new website also has features of […]