PUBLIC NOTICE FROM FINANCE MINISTRY – SUGGESTIONS / IDEAS ARE INVITED ON UNCLAIMED AMOUNT REMAINED IN PPF, POST OFFICE & BANKS DEPOSITS

Finance Ministry today published an important public notice on its portal that suggestions and ideas are invited on the proper utilization of the deposits remained unclaimed in various small Savings Schemes with Post Offices and Banks for welfare and protecting financial interest of Senior Citizens. Interested persons/organizations may submit their suggestions/ideas to the Joint Director National Savings […]

Purchase of Lap-Top Computer by Ministries/ Departments – Finance Ministry Orders

Finance Ministry issued revised guidelines regarding purchase of Note Book/Lap-Top, notepad, ultra pad, netbook or devices for higher officials… F. No. 8(25)/2012-EII (A) Government of India Ministry of Finance Department of Expenditure New Delhi, the 19th September, 2014 OFFICE MEMORANDUM Subiect: Purchase of Note Book, Lap-Top, etc., by Ministries/ Departments – revision of guidelines reg. […]

Setting up of a Committee to examine un-claimed amount remained in PPF, Post Office Savings Schemes etc.

A large amount of money is estimated to be lying as unclaimed amounts with PPF, Post Office, Savings Schemes etc. these are mostly out of investments belonging to the senior citizens and on their demise… No.13/20/2014-NS.II Government of India Ministry of Finance Department of Economic Affairs (Budget Division) 236, North Block, New Delhi-110001 Dated the 03rd September, […]

What difference between FDI and FII

What difference between FDI and FII While presenting the Union Budget for 2013-14, the Finance Minister announced as follows: “In order to remove the ambiguity that prevails on what is Foreign Direct Investment (FDI) and what is Foreign Institutional Investment (FII), I propose to follow the international practice and lay down a broad principle that, […]

Public Notice – Fake Emails attaching forged certificates issued by Ministry of Finance

Ministry of Finance Department of Economic Affairs Administration Division North Block, New Delhi Dated 18th July,2011 ADVISE It has come to the notice of Department of Economic Affairs that some Organisations / People are sending e-mails attaching forged certificates issued by Ministry of Finance by using the names of the officers of this Department, to […]

Finance Minister Releases New Series of Coins in the Denomination of 50 Paise and Rupees 1,2,5 And 10

Ministry of Finance Finance Minister Releases New Series of Coins in the Denomination of 50 Paise and Rupees 1,2,5 And 10 The Finance Minister Shri Pranab Mukherjee today released a new series of coins with improved design and revised size in the denomination of 50 paise, Rs. 1, 2, 5, and 10. Speaking on the […]

URGENT PUBLIC NOTICE FROM FINANCE MINISTRY

URGENT PUBLIC   NOTICE It has come to the notice of the Ministry of Finance, Department of Revenue that some unscrupulous persons are sending e-mail messages to innocent internet users calling upon the recipient  to deposit/remit a facilitation money of Rs.38,892/- in order to obtain the prize money of US $ 491000 from the Canadian Coco-Cola […]