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Finance Ministry

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Union Finance Minister Nirmala Sitharaman.
Finance Ministry outlines Strait of Hormuz closure could trigger inflation surge, poses biggest external threat to India

Finance Ministry flagged increasing inflation risks, pointing to a widening gap between retail and wholesale inflation that signals building upstream…

May 31, 2026 09:35 IST
Restraint on anti-dumping duties costing India dear: Report

India’s rising reluctance to impose anti-dumping duties despite DGTR recommendations is hurting domestic industry, threatening investments and increasing imports, according…

May 26, 2026 19:31 IST
FM Sitharaman's '3Fs' formula to shield India from West Asia crisis
Fuel, fertiliser, forex: FM Sitharaman’s ‘3Fs’ formula to shield India from West Asia crisis

Speaking at the SIDBI Foundation Day programme in Mumbai, Sitharaman said PM Modi’s recent appeal to conserve foreign exchange has…

May 25, 2026 14:10 IST
FinMin asks PSU banks, insurers to adopt austerity measures
FinMin’s latest austerity push: Banks and financial institutions asked to shift to EVs, virtual meet

The Finance Ministry has asked PSU banks, insurers and financial institutions to adopt austerity measures, reduce travel expenses, conduct virtual…

May 18, 2026 18:28 IST
Pakistan announces austerity measures as crisis deepens amid Iran war, Islamabad markets to shut by 8 pm (Photo: PTI)
Centre imposes Rs 3 per litre windfall tax on petrol exports, cuts diesel and ATF levy amid crude oil surge

The announcement came mere hours after petrol and diesel prices were hiked by Rs 3 per litre in the domestic…

Updated: May 16, 2026 09:27 IST
'India economy resilient, faces rising risks from Mideast war': Finance Ministry's economic review reveals
‘India economy resilient, faces rising risks from Mideast war’: Finance Ministry’s economic review reveals

According to recent data up to April 22, 2026, continued resilience in goods movement registered 13.7 per cent YoY growth,…

April 29, 2026 21:57 IST
Income Tax deadline pressure? Why March 31 won’t be a holiday for tax offices
Income tax offices to stay open on March 31 despite holiday – here’s why

Income Tax offices across India will remain open on March 31, 2026—even on Mahavir Jayanti—as the government pushes to wrap…

March 27, 2026 17:55 IST
Trump-proofing India for budget 2026
‘Trump-proofing’ India: How Budget 2026 plans to tackle US tariffs & trade wars

In a world redefined by fragmented supply chains and the transactional diplomacy of a “Trump 2.0” administration, India’s fiscal strategy…

Updated: January 21, 2026 15:36 IST
Govt Launches Unified ‘Composite Salary Account’ for Central Employees with ₹2 Cr Insuranc
DFS launches composite salary account package for Central government staff

The Department of Financial Services (DFS) has unveiled a unified Composite Salary Account Package for Central government employees.

January 15, 2026 06:24 IST
Rupee Stages Record Recovery from All-Time Low
RBI to auction T-bills worth Rs 3.84 lakh crore in Q4 

As per the official notification, the government and RBI retain flexibility to adjust the notified amounts, timing, or auction schedules…

December 30, 2025 13:09 IST
FM directs Ministries to carry sunset clause in all schemes, says will help assess fiscal burden on exchequer
FM directs Ministries to carry sunset clause in all schemes; extends deadline to early January

Ministries were earlier supposed to submit reports by end-December, but they got an extra week because of these new requirements,…

December 10, 2025 11:01 IST
FM calls for improved tax data sharing among countries

The minister  also noted that over the past decade, India has witnessed visible strengthening of voluntary compliance.

December 2, 2025 21:31 IST
Re-introduce 15% concessional tax for new manufacturing cos: PHDCCI

For early disposal of appeals by the Commissioner of Income Tax (Appeals), PHDCCI recommended that a statutory period should be…

December 2, 2025 21:21 IST
The government is not considering any proposal to raise the foreign direct investment
Govt not considering hike in FDI limit to 49% for public sector banks: MoS Finance

The government has ruled out raising the FDI limit in public sector banks to 49%, maintaining the cap at 20%.…

December 2, 2025 18:12 IST
FinMin Report Highlights Easing Inflation, Consumption Boost from GST Cuts
H2 growth outlook stable amid easing inflation, firm demand: Finance Ministry

The report credits the recent GST rate rationalisation for a “measurable boost” to consumption, with Q2 GDP growth expected to…

November 27, 2025 18:48 IST
Indian banks sanctioned loans worth Rs 34 lakh crore under the Pradhan Mantri MUDRA Yojana
Indian Banks sanctioned Rs 34 lakh crore under MUDRA Yojana to 55 crore beneficiaries: Govt

MUDRA loans sanctioned have reached Rs 34 lakh crore across 55 crore beneficiaries, as the government expands nominee limits and…

November 27, 2025 17:49 IST
China Tightens Rare Earth Export Controls, Challenging India's Advanced Manufacturing Ambitions. (Image Source: Reuters)
Cabinet nod to ₹7,300-crore rare earth magnet scheme soon

India imports almost all its REPM requirements. Domestic demand is estimated at around 4,010 tonnes annually and is projected to…

November 25, 2025 20:03 IST
labour codes, new labour code, labour laws, gratuity rules, labour rules, new labour rules, labour rules india, labour ministry, ctu. central trade unions, ctus
I-T compliance forms for charitable entities may be eased

PHDCCI Direct Taxes Committee Chair Mukul Bagla highlighted digitization efforts such as mandatory filing of Form 10DD for donations under…

November 25, 2025 19:53 IST
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Uttar Pradesh: Gadkari approves new road projects worth Rs. 50,000 cr
Uttar Pradesh: Gadkari approves new road projects worth Rs. 50,000 cr
Business37 min ago

Uttar Pradesh is set for a major infrastructure boost with the approval of new road works worth ₹50,000–60,000 crore. The state will see the construction of several highways, including the Ayodhya–Gonda four-lane road project and the Agra–Gwalior greenfield six-lane Expressway. The government also plans to expand the National Highway network and develop service roads along Lucknow’s Kisan Path.

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