Community & General News
FM Sitharaman Inaugurates New DRI Headquarters in New Delhi: Calls for Smarter, Dharma-Rooted Enforcement
05 June 2025 at 09:25Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman and Union Minister of State for Finance Shri Pankaj Chaudhary inaugurate Directorate of Revenue Intelligence (DRI) headquarters building, in New DelhiView enforcement and facili
Finance Ministry Calls for Streamlining of Central Schemes Ahead of 2026 Deadline
05 June 2025 at 09:23The Finance Ministry has called for a stricter and outcome-driven approach to reappraise all Central Sector Schemes (CSs) and Centrally-Sponsored Schemes (CSSs) that are set to end by March 31, 2026.
Rs 500 Note Not Being Discontinued: PIB Fact Check Debunks Viral Claim
04 June 2025 at 09:19In the age of viral misinformation, yet another baseless rumour is doing the rounds-this time claiming that the Reserve Bank of India (RBI) will discontinue the circulation of Rs 500 currency notes by March 2026.
Ministry of Finance appoints Punjab National Bank as Official Liquidator for 32 Defunct Banks
04 June 2025 at 09:05The Ministry of Finance (Department of Financial Services) has officially appointed Punjab National Bank (PNB) as the official liquidator for the winding-up proceedings of 32 defunct banking companies, as per a notification dated June 3, 2025.
Indian Civil Accounts Service Rules, 2025 Released
31 May 2025 at 08:32In a significant administrative reform, the Ministry of Finance (Department of Expenditure) has notified the Indian Civil Accounts Service (Group 'A') Rules, 2025, replacing the older 2006 rules.
Retired Central Govt Employees Can Now Claim Extra Pension Benefits Under UPS
31 May 2025 at 08:32Retired Central Government NPS Subscribers with minimum 10 years of qualifying service can claim additional benefits under Unified Pension Scheme (UPS)
India's GDP Records 6.5% Growth in FY 2024-25, Q4 Outpaces with 7.4%
30 May 2025 at 16:19PROVISIONAL ESTIMATES OF ANNUAL GROSS DOMESTIC PRODUCT FOR 2024-25 AND QUARTERLY ESTIMATES OF GROSS DOMESTIC PRODUCT FOR THE FOURTH QUARTER (JANUARY-MARCH) OF 2024-25
Centre Begins 5-Year Review and Approval Process for CSS and CS Schemes
30 May 2025 at 09:23Central Government kickstarts the five-yearly process of appraisal and approval of Centrally Sponsored Schemes (CSSs) and the Central Sector Schemes (CSs)
KYC Update in Bank Accounts to Get Simpler: RBI Draft Guidelines
26 May 2025 at 11:01The Reserve Bank of India (RBI) has invited public and stakeholder feedback on a draft circular proposing revised guidelines for the updation and periodic updation of Know Your Customer (KYC) details.
RBI Eases Process to Reactivate Inoperative Bank Accounts and Claim Unclaimed Deposits
26 May 2025 at 09:16The Reserve Bank of India (RBI) has released a draft circular titled "Inoperative Accounts/ Unclaimed Deposits in Banks - Revised Instructions (Amendment), 2025", which proposes modifications to the earlier guidelines issued on January 1, 2024.
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