Page 3 of Finance Ministry

Law firms, jobs, industry, Wipro, IT, career, non-legal, lawyers, non-lawyer

India mulling stricter rules for foreign owned companies: Report

The Indian government is also reviewing the existing foreign direct investment rules. It seeks to simplify investment and rectify the…

May 19, 2025 18:40 IST

rice, export duty, ministry of finance, exports, food security, government

Govt dismisses reports on imposing 20% export duty on parboiled rice, types of milled rice

Officials have clarified that a recent notification was issued to implement technical updates to the Harmonised System of Nomenclature (HSN)…

Updated: May 2, 2025 18:39 IST

bank holiday, banks, banking sector, banking transaction, RBI, Parshuram Jayanti, bank customers, cash withdrawal, ATM

Bank credit to MSMEs jump to Rs 28 lakh crore in February: RBI data

The deployment in February this year was 15.6 per cent of India’s total non-food credit worth Rs 179.4 lakh crore.

April 23, 2025 16:59 IST

Govt’s steel safeguard duty targets dumping; steadies the field for MSMEs

India’s move to curb cheap steel imports is more than a shield for big producers, it’s a measured boost for…

April 22, 2025 17:21 IST

Finance ministry, pension, money, UPS, Unified Pension Scheme, National Pension System, NPS

Finance ministry seeks faster roll-out of guaranteed pension

Finance Ministry urges faster roll-out of Unified Pension Scheme (UPS) amid slow uptake. Only 1,500 central govt staff opt for…

April 20, 2025 21:27 IST

Government to levy GST on UPI transactions above Rs 2,000? Finance Ministry issues clarification, terms reports ‘false and misleading’

UPI usage has soared, with transaction values surging from Rs 21.3 lakh crore in FY 2019-20 to a staggering Rs…

Updated: April 18, 2025 20:14 IST

finance minister, nimala sitharaman, economic stability, banking sector, banks, cybersecurity, bank employees, UPI, ATMs, internet banking, national security, Pahalgam attack, operation sindoor

Finance Ministry to implement ‘One State-One RRB’ soon to achieve better efficiency

The finance ministry will soon launch the ‘One State-One RRB’ plan to consolidate 43 regional rural banks into 28 for…

April 6, 2025 19:27 IST

digital tax, online ads, gross tax revenue, Rajya Sabha, tax, Trump, tariff

6% digital tax cut not in response to Trump tariff: Finance Minister

Finance Minister Nirmala Sitharaman clarifies that the 6% digital tax cut on online ads is not in response to Trump’s…

March 27, 2025 22:01 IST

growth, risks, tariff war, economy, India-US, Trump Tariff, Union government, finance

Govt sanguine on growth, risks from tariff war could be ‘overpowered’

India’s finance ministry remains confident in short-term growth despite global uncertainties, expecting 6.5% GDP growth in FY25, driven by exports,…

March 26, 2025 20:03 IST

Finance Ministry, RBI, Reserve Bank of India, NHAI, Railways, National Small Saving Fund

Finance Ministry, RBI to announce H1 borrowing calendar

Finance Ministry and RBI to discuss the borrowing plan for H1 FY26. Gross borrowings pegged at Rs 14.82 lakh crore,…

March 25, 2025 21:54 IST

taxpayers, FM, ITR, taxpayers, money, Nirmala Sitharaman, lok sabha

Campaign led to declaration of Rs 29,208 crore foreign assets by taxpayers: FM

A “nudge” campaign led to the declaration of foreign assets worth Rs 29,208 crore and foreign income of Rs 1,089…

March 25, 2025 21:53 IST

New I-T Bill, monsoon session, money, Basic Customs Duty, BCD, tax, income tax

New I-T Bill may get House nod in monsoon session

The new Income Tax Bill, aimed at simplifying direct tax laws, will be discussed in Parliament’s monsoon session. The Finance…

March 25, 2025 21:07 IST

DEA, Ajay Seth, Tuhin Kanta Pandey, Finance Secretary, appointment, central government

DEA Secretary Ajay Seth replaces Tuhin Kanta Pandey as new Finance Secretary

Ajay Seth has been appointed as India’s new finance secretary, an official order released by the Personnel Ministry confirmed.

March 25, 2025 10:01 IST

government, Finance Bill 2025, finance ministry, Finance Minister, digital advertising, tax, tax burden, digital advertising platforms, Google, Meta

Govt proposes lowering tax burden on online ads

The government has proposed the removal of the 6 per cent equalisation levy on online advertising.

March 24, 2025 16:07 IST

USAID funded 7 projects worth $750 million in India in FY24, no link to ‘voter turnout’: Finance Ministry

The report also revealed that USAID committed USD 97 million (around Rs 825 crore) during the fiscal year toward these…

February 23, 2025 18:40 IST

Finance Ministry directs employees to not use of AI tools like ChatGPT, DeepSeek – Here’s the reason why

India’s finance ministry, along with representatives from OpenAI and DeepSeek, did not immediately respond to requests for comment.

February 5, 2025 16:23 IST

finance minister, finance ministry, psb, economy

Finance Ministry to review financial inclusion, fin services secy to meet PSB heads next week

The review meeting will focus on schemes like the Pradhan Mantri Jan Dhan Yojana (PMJDY), Pradhan Mantri Jeevan Jyoti Bima…

January 13, 2025 00:45 IST

Pre-Budget meet: MSME stakeholders seek tech upgrade, PLI benefits, cut in GST

The meeting aimed to seek inputs and suggestions for the Budget for 2025-26, expected to be presented on February 1.

December 7, 2024 21:42 IST

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What is US’ Operation Charlotte’s Web? 81 arrested in crackdown on illegal immigration

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The US Department of Homeland Security has launched ‘Operation Charlotte’ in North Carolina, resulting in 81 arrests on the first day. Immigrant rights groups have protested the operation, with one man attempting to use a vehicle against federal agents. The DHS defends the operation, citing the need to enforce immigration laws and remove violators.

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