Page 3 of Finance Ministry

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

MSME delayed payments: 45-day payment rule endorsed by MSME associations as beneficial, says FinMin

In April this year, a new clause (h) was inserted in Section 43B of the Income-tax Act 1961 to provide…

November 26, 2024 13:56 IST

VA Tech Wabag, order, waste water treatment, green energy

Co-lending: Outstanding advances jump 7x under agri, MSME segments

RBI in 2020 had permitted scheduled commercial banks (SCBs) to co-lend with all registered NBFCs including housing finance companies to…

November 25, 2024 13:44 IST

Gross Non-Performing Assets, GNPA, RBR, finance ministry, Regional Rural Banks, Banking

Govt kick-starts 4th round of RRB consolidation

As per the guiding principles suggested, the RRB with largest business among the amalgamating RRBs in the state would be…

November 6, 2024 02:00 IST

MSP, Minimum Support Price, Kharif Crop, Economy, Urban Demand, Inflation

Evidence of slowdown in urban demand: Finance Ministry report

The outlook for the Indian economy was underpinned by a stable external sector, a positive agricultural outlook, expected improvements in…

October 29, 2024 05:30 IST

Mudra Yojana: FinMin notifies increase in loan limit to Rs 20 lakh for micro, small enterprises

In a notification on Thursday, the ministry said it has added a new category Tarun Plus for loans above Rs…

October 25, 2024 13:51 IST

Finance Minister Nirmala Sitharaman in Mexico

India’s Finance Minister Takes Tech Diplomacy Global: Major Moves in Mexico’s IT Hub!

Finance Minister Nirmala Sitharaman began her official visit to Mexico in Guadalajara, highlighting India’s focus on enhancing technological partnerships and…

October 19, 2024 09:55 IST

FinMin, Finance Ministry, Inflation, Economy, Food

Food inflation to turn milder, low oil prices a bright spot: FinMin

On September 18, the US Fed lowered its benchmark interest rate by 50 basis points, for the first time in…

September 27, 2024 01:30 IST

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