Finance Ministry

4 min read

Rise in incremental spending: Govt stares at a steeper fiscal problem

With three months left for the federal government to current the Budget for the subsequent fiscal, it's watching a fiscal...

3 min read

Taxpayers will not be capable of be a part of APY scheme from 1 Oct. How to open the account

Income taxpayers won't be eligible to hitch Atal Pension Yojana (APY) scheme from October 1, 2022, as per the rules...

2 min read

Compared to different currencies, rupee has held again very properly in opposition to greenback: Sitharaman

Compared to different currencies, the rupee has “held back very well” in opposition to the US greenback, Finance Minister Nirmala...

2 min read

Charges on UPI transactions? What govt stated defined in 10 factors

The Government of India will not levy any fees on Unified Payments Interface (UPI) companies. In a tweet, the finance...

3 min read

India higher positioned on growth-inflation-external stability triangle: FinMin report

India is best positioned on the growth-inflation-external stability triangle for 2022-23 than it was two months in the past, on...

2 min read

Capex push: Rs 1.16L-cr in two instalments launched to states

The Centre on Wednesday launched an advance instalment along with the common month-to-month instalment of tax devolution to states totalling...

4 min read

‘Recovery, better compliance’: Jul GST mop-up 2nd finest ever

Gross Goods and Services Tax (GST) collections surged by 28 per cent year-on-year (y-o-y) to Rs 1,48,995 crore throughout July...

2 min read

‘Undisclosed foreign income: 14.8K cr tax demand raised,’ Finance Minister informs Lok Sabha

Assessments have been accomplished for 368 circumstances, elevating tax demand of Rs 14,820 crore beneath the Black Money (Undisclosed Foreign...

2 min read

No change in small financial savings charges: Amid rising G-Sec yields, economists have been anticipating a hike

The Centre mentioned Thursday it has determined to maintain rates of interest on small financial savings devices unchanged for the...

3 min read

‘Slowing growth likely but low stagflation risk’: Department of Economic Affairs

India is predicted to witness slowing progress and faces an upside danger to the fiscal deficit owing to the current...

5 min read

Indians’ funds in Swiss banks bounce 50% to over Rs 30k crore on surge in securities, institutional holdings; buyer deposits up too

Funds parked by Indian people and corporations in Swiss banks, together with by way of India-based branches and different monetary...

2 min read

In a primary, RBI considers utilizing photos of Rabindranath Tagore, APJ Abdul Kalam on banknotes

Express News Service NEW DELHI: One of Bengal’s biggest icons, Rabindranath Tagore, and India’s eleventh President, APJ Abdul Kalam, also referred...

3 min read

Growth, inflation dangers from rising vitality costs: Finance Ministry

Elevated costs of vitality and different commodities and provide aspect disruptions attributable to Russia-Ukraine battle pose a problem to the...

3 min read

Russia sanctions: RBI, banks huddle up to attract technique

The Reserve Bank of India (RBI) is prone to take inventory of the state of affairs arising from the sanctions...

3 min read

For bond market liquidity, FinMin establishment for purchasing debt

In order to assist in the event of the company bond market, the Finance Ministry plans to arrange an establishment...

2 min read

Union Budget 2022-23: In demand, however MGNREGS will get no hike

There was no hike in allocation for the Mahatma Gandhi Rural Employment Guarantee Scheme (MGNREGS) within the Union Budget 2022-23,...

4 min read

Here’s how the brand new CBDT round has impacted Ulip taxation advantages

Ahead of price range 2022 which might be introduced by the finance minister in a couple of days, let me...

1 min read

Finance Ministry to Ministries: Curb spends inside RE

Issuing pointers for the third batch of supplementary calls for for grants, the Finance Ministry has requested ministries and departments...

3 min read

To deal with insolvency in monetary corporations, modified FRDI Bill up for discussions

The authorities has began discussions to place in place a decision mechanism to cope with insolvency of companies within the...

1 min read

Finance Ministry nod to Rs 22.9K crore for caught housing initiatives

A government-sponsored alternate funding fund (AIF), set as much as lengthen last-mile funding to finish caught housing initiatives, has sanctioned...