Shaktikanta Das

Government floats idea of country's first gold exchange

Centre Tuesday floated an idea of a gold exchange, a transparent platform where jewellers can buy and sell the precious metal locally instead of depending on the international market.

Dec 01, 2015, 20:24 PM IST

Need genuine climate change financing: FinMin

A day ahead of the crucial climate conference in Paris, Economic Affairs Secretary Shaktikanta Das Sunday pitched for "genuine provision" of climate change finance from developed to developing countries and not "clever accounting".

Nov 29, 2015, 13:48 PM IST

FIPB clears 3 FDI proposals worth Rs 160 crore

The foreign investment promotion board today cleared three FDI proposals worth Rs 160 crore.

Nov 27, 2015, 19:22 PM IST

Relaxing FDI norms to spur investments in country: Das

Finance Ministry on Tuesday said the relaxation of FDI norms in as many as 15 sectors by the government will help open floodgates of investment in the country.

Nov 10, 2015, 19:46 PM IST

Draft bankruptcy law likely within 10 days: Official

The bankruptcy law, a legislation for improving ease of doing business in the country, is one of the major focus areas of the government and its draft was likely to be ready in the next 10 days, Economic Affairs Secretary Shaktikanta Das said on Thursday.

Oct 30, 2015, 03:26 AM IST

Govt to address regulatory, financial issues in infra sector: Shaktikanta Das

The government Monday assured industry stakeholders of resolving regulatory and financing issues to expedite infrastructure projects, including those being promoted under the PPP mode.

Oct 26, 2015, 18:19 PM IST

Govt to discuss infra bottlenecks, PPP with stakeholders on Monday

The Finance Ministry has called a meeting on Monday to discuss with stakeholders various regulatory and financing issues facing the infrastructure sector in the country.

Oct 23, 2015, 22:27 PM IST

IMF-WB appreciative of India's policy steps: FinMin

Finance Ministry Sunday said international agencies like IMF, World Bank and OECD are highly appreciative of India's policy initiatives and measures to deal with tax evasion at global level.

Oct 11, 2015, 17:45 PM IST

Govt to soon decide Monetary Policy Committee structure: Das

The government will soon decide the structure of the Monetary Policy Committee (MPC), which will fix the benchmark interest rate of the RBI and set inflation targets, said Economic Affairs Secretary Shaktikanta Das.

Oct 05, 2015, 18:21 PM IST

Will protect interest of senior citizens while revising rates: Govt

Finance Ministry on Monday said the interest of small savers, especially of senior citizens and girl child, will be kept in mind while reviewing the deposit rates for schemes in light of falling bank interest rates.

Oct 05, 2015, 16:11 PM IST

Those did not take advantage of black money compliance window will regret: Das

Only 638 declarations for a total overseas wealth totalling Rs 3,770 crore were made during the 90-day compliance window under the Black money (undisclosed foreign income and assets) and Imposition of Tax Act, 2015.

Oct 02, 2015, 09:29 AM IST

Govt likely to lower small savings interest rate

Government is likely to lower interest rates on small savings like PPF and post office deposits to bring them in line with market rates.

Sep 29, 2015, 22:51 PM IST

Govt will continue with reforms, GDP to top 7.5% in FY16: Das

The government will not wait for the Budget and will continue with reforms measures to make India an attractive investment destination, Economic Affairs Secretary Shaktikanta Das said while expressing optimism that the growth in the current fiscal will exceed 7.5 percent.

Sep 23, 2015, 20:39 PM IST

RBI to soon come out with draft on relaxing ECB norms: Das

Seeking to attract overseas investments, the Reserve Bank will soon come out with a draft paper on liberalising external commercial borrowings (ECB) norms, Economic Affairs Secretary Shaktikanta Das said here today.

Sep 23, 2015, 15:02 PM IST

Shaktikanta Das takes charge as Economic Affairs Secretary

Senior IAS officer Shaktikanta Das has taken charge as the Secretary for Department of Economic Affairs in the Finance Ministry.

Sep 01, 2015, 23:22 PM IST

CBEC must aim at 22% growth in service tax collection: Das

Concerned over low service tax realisation, Revenue Secretary Shaktikanta Das Monday asked the CBEC (Customs, Central Excise and Service Tax) to analyse revenue mop-up sectorally and ensure that it grows by 20-22 percent in the fiscal.

Aug 24, 2015, 23:15 PM IST

Govt to issue 2nd set of FAQs on black money law soon: Das

In a bid to clarify issues related to the black money law the government will soon come out with second set of Frequently Asked Questions (FAQs).

Aug 21, 2015, 18:56 PM IST

No intention of banning P-Notes overnight: Rev Secy

Clearing the air on P-Notes, Revenue Secretary Shaktikanta Das Thursday said the government has no intention of banning these financial instruments overnight and it is examining how to improve the disclosures.

Aug 20, 2015, 19:30 PM IST

GST rate to be 'as reasonable as possible': Govt

"Effort of government is to make tax rate reasonable, as reasonable as possible. High tax rate do not achieve the objective of GST," Revenue Secretary Shaktikanta Das said at an Assocham event here.

Aug 20, 2015, 19:14 PM IST

'Make in India' taking shape, foreign companies showing interest: FinMin

"Sony, Foxconn and many more. Budget booster in indirect taxes silently working for domestic manufacturing. Make in India taking shape," Revenue Secretary Shaktikanta Das said in a tweet.

Aug 06, 2015, 23:14 PM IST