Big Finance Ministry Move Soon On Property Transaction Amid Indexation Discontent | Real Estate News

In relief for property owners, the Finance Ministry is mulling to bring relief for transactions held before July 23, 2024, the date on which the Budget was presented. In the budget, Finance Minister Nirmala Sitharaman has removed the indexation rule on property transactions. The move led to significant discontent with experts pointing out that after […]

ABHISEK RAJPUT

August 7, 2024

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Big News For LGBTQ Community: Finance Ministry Allows Joint Bank Accounts And Queer Beneficiaries | Personal Finance News

New Delhi: In a significant step towards inclusivity, the Finance Ministry announced on Thursday that there are no restrictions preventing individuals from the LGBTQ community from opening a joint bank account or nominating their partners in a queer relationship as nominees. The Finance Ministry, in an advisory dated August 28, clarified that individuals from the […]

ABHISEK RAJPUT

August 30, 2024

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Finance Ministry Announces Interest Rates For GPF, Other Provident Funds For July-Sept 2024 Quarter | Personal Finance News

New Delhi: The Ministry of Finance has announced the new interest rates for the General Provident Fund (GPF) and similar provident fund schemes which is effective for the July-September quarter. “It is announced for general information that during the year 2024-2025, accumulations at the credit of subscribers to the General Provident Fund and other similar […]

ABHISEK RAJPUT

July 4, 2024

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Govt Bonds Worth Rs 28,000 Crore Coming Up For Sale On Friday | Markets News

New Delhi: The Finance Ministry on Wednesday announced the sale of Government bonds worth Rs 28,000 crore in three lots through auctions to be conducted by the Reserve Bank of India in Mumbai on Friday (July 5). The first lot comprises “7.02 per cent Government Security 2027” for a notified amount of Rs 6,000 crore. […]

ABHISEK RAJPUT

July 3, 2024

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No Restrictions On LGBTQIA+ Couples To Open Joint Bank Accounts; Can Name Partner As Nominee: Read Finance Ministry Advisory | Personal Finance News

New Delhi: In a big boost to widen the ambit of financial inclusion, the Finance Ministry has clarified that there is no restriction on LGBTQIA+ couples to open joint bank account. The finance ministry further said that queer people can also name their partners as the nominee. An advisory issued by the Finance Ministry on […]

ABHISEK RAJPUT

August 30, 2024

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