In a written reply to the Lok Sabha, Minister of State for Finance Pankaj Chaudhary said about Rs 97,000 crore worth of public assets were monetised in the last fiscal (2021-22)
Currently, businesses with turnover of Rs 20 crore and above are required to generate electronic invoice for all B2B transactions
The production growth of eight infrastructure sectors -- coal, crude oil, natural gas, refinery products, fertiliser, steel, cement and electricity -- was 19.3...
In April, the Manila-headquartered multilateral funding agency had forecast the Indian economy to grow by 7.5 per cent
"Since then, sustained growth momentum has been observed in several High Frequency Indicators (HFIs), indicating that the projected growth path is on course in...
In a notification dated July 7, the finance ministry said the exemption from both basic excise duty and special additional excise duty would be applicable...
The sharp revision is due to depreciation of rupee against dollar following outflow of capital caused by various external factors, including the hardening of...
Amid rise in cotton and yarn prices, the textiles ministry had been pitching for an extension of the duty waiver beyond September
This is the fifth time that the monthly GST collections crossed the Rs 1.40-lakh-crore mark since the inception of GST and the fourth month at a stretch since...
In absolute terms, the total liabilities, including liabilities under the 'Public Account' of the government, jumped to Rs 1,33,22,727 crore at the end of...
The exercise is aimed at triggering competition among states to improve the business climate to attract domestic and global investors
In the recently concluded performance review of PSBs by the Finance Ministry, sources said, lenders were asked to focus on technology and data analytics to...
Near-term challenges need to be managed carefully without sacrificing the hard-earned macroeconomic stability, the Monthly Economic Review said
The Ministry further said that employees should book only one ticket for each leg of intended travel, make bookings even if approval of the tour program is...
The Union Cabinet on June 14 approved a short-term recruitment scheme for the armed forces called Agnipath. The youths selected under this scheme will be known...
Finance Minister Nirmala Sitharaman had in the 2022-23 Budget announced implementation of a simplified regulatory framework to facilitate export of jewellery...
The Finance Ministry said all districts of the country are prepared to entertain customers and the public at large with their queries on the credit facility...
In a series of tweets, the ministry said finance minister Nirmala Sitharaman on Monday reviewed the progress in setting up the NARCL
The states receiving this grant are Andhra Pradesh, Assam, Himachal Pradesh, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Rajasthan, Sikkim, Tripura,...
The tax reduction on petrol and diesel will lead to revenue loss of around Rs 1 lakh crore per year for the government.
US is engaging with India over the issue of Ukraine and this will continue at the Quad summit when President Joe Biden meets PM Modi in Japan next month, White...
Financial Services Secretary Sanjay Malhotra exuded confidence that public sector banks will continue to strive and perform better on all metrics, including...
"Union Finance Minister Smt. @nsitharaman attended Ministerial Dinner for Development Committee members in Washington D.C., today," the Finance Ministry said...