Posts Tagged ‘Finance India’

4th India-South Korea Finance Ministers Meeting to Discuss Macro Economic Situation and Policy Responses, Cooperation Among Both Countries in Trade and Investement as Well as in Taxation and Finance Matters Among Others

Comments Off | 01-7-2014

The 4th Indo-Korea Finance Ministerial meeting will be held tomorrow in the national capital. The meeting will be attended by the Finance Minister of India, Mr. P. Chidambaram along with Mr. Sumit Bose, Finance Secretary, Dr. Arvind Mayaram, Secretary, Department of Economic Affairs, and other senior officials on behalf of the Government of India while

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Text of the Intervention made by the Union Finance Minister P. Chidambaram During Session on ‘Financing for Investment’ at G-20 Finance Ministers’ and Central Bank Governors’ Meeting in Washington D.C.

Comments Off | 10-12-2013

Following is the text of the Intervention made by the Union Finance Minister Shri P. Chidambaram on “Financing for Investment” during the G-20 Finance Ministers’ And Central Bank Governors’ Meeting in Washington D.C. today:
Dear Colleagues,
India has repeatedly underscored the critical role that investment, particularly in infrastructure, can play in sustaining the global recovery and rebalancing.

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Fiscal and Financial Incentives for Promotion of Power Generation from New and Renewable Energy Sources

Comments Off | 08-17-2013

The Government is giving various fiscal and financial incentives, such as capital/interest subsidy, generation based incentives, accelerated depreciation, concessional excise and customs duties to promote power generation from new and renewable energy sources in the country.

Incentives/Subsidy available under renewable schemes/programmes for power generation.

1. Wind Power
DEMONSTRATION PROJECTS IN

Special Category States
(NE

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Finance Minister Meets Members of House of Representatives During his Ongoing US Visit; Discussion Covered the Gamut of Indo-US Relations Including Compulsory Licensing, Patent Protection, Preferential Market Access

Comments Off | 07-12-2013

During his visit to Washington D.C., the Union Finance Minister Shri P. Chidambaram met with Members of House of Representatives of the U.S. Congress yesterday. The present were the Co-Chair of House & India Caucus Congressman Joe Crowley from New York, Congressman Sandy Levin from Michigan, Congressman Erik Paulsen from Minnesota, Congressman John Larson from

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A Standing Council of Experts Constituted to Assess and make Recommendations Regarding the International Competitiveness of the Indian Financial Sector

Comments Off | 06-9-2013

In accordance with the announcement made by the Union Finance Minister Shri P.Chidambaram  in his Budget Speech 2013, a Standing Council of Experts is constituted today by the Government in the Department of  Economic Affairs, Ministry of Finance with a view to assess the international competitiveness of the Indian financial sector. The Council will be

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Finance Minister Leaves Today for Five Day Foreign Visit to UK, France and Qatar: to Hold Discussions on Various Bilateral and Investment Related Issues

Comments Off | 05-15-2013

The Union Finance Minister, Shri P. Chidambaram left today for five day three nation tour of UK, France and Qatar. During the first leg of his foreign visit, the Finance Minister will arrive in London today evening. The Finance Minister Shri Chidambaram who is leading the Indian delegation, will participate in the Sixth Ministerial India

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Finance Minister Shri P Chidambaram’s Opening Address at the 46th Annual meeting of the ADB Board of Governors Today

Comments Off | 05-4-2013

Honourable Prime Minister Dr. Manmohan Singh, President Nakao, Fellow Governors of the Asian Development Bank, Management and staff  of member country delegations, Distinguished Guests, Ladies and Gentlemen.
It is a great honour to welcome all of you on behalf of the Government of India to the 46th Annual Meeting of the Asian Development Bank (ADB) in

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Text of the Speech of the Union Finance Minister on “The Rise of the East: Implications for the Global Economy” Delivered at Harvard University

Comments Off | 04-17-2013

Following is the Text of the Speech of the Union Finance Minister, Shri P. Chidamabarm delivered yesterday at the South Asian Institute and Mahendra Humanities Center at Harvard University:
“It is a great pleasure to be back in the grounds of Harvard University and a great honour to be invited to speak by institutions that are

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Finance Minister Calls on Officers of Customs and Central Excise to take Advantage of Technological Advances to Ensure Non-Intrusive Tax Administration and Promoting a Non-Adversarial Tax Environment

Comments Off | 02-5-2013

The Finance Minister Shri P.Chidambaram exhorted the officers of Customs and Central Excise to make every effort to achieve the budgetary target for the collection of indirect taxes for the financial year 2012-13. The Finance Minister Shri Chidambaram called on the departmental officers to take advantage of technological advances towards ensuring a non-intrusive tax administration

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Fourteenth Finance Commission Constituted

Comments Off | 01-3-2013

As mandated by the Article 280 of the Constitution, the Government has constituted the Fourteenth Finance Commission consisting of Dr. Y.V.Reddy, former Governor Reserve Bank of India, as the Chairman and the following four other members, namely: -
1. Prof Abhijit Sen   Member
Member, Planning Commission   (Part Time)
2. Ms. Sushma Nath   Member
Former Union Finance Secretary
3. Dr. M.Govinda

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