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Union Finance Ministry

Government Extends Date To Link Aadhaar With PAN, Check Deadline Here

Aadhaar-PAN Card Linking: From 1st July, 2023, the PAN of taxpayers who have failed to intimate their Aadhaar, as required, shall become inoperative

28 March 2023

Finance Ministry

Finance Ministry Holds Webinar On Financial Services For Better Implementation Of Various Budget Proposals

Besides ministers and secretaries of central government ministries, stakeholders from the financial sector like regulators, market participants and industry representatives would attend these webinars

08 March 2023

Nirmala Sitharaman

Nirmala Sitharaman Seeks Multilateral Coordination To Tackle Debt Vulnerabilities

The minister was speaking at the first session of the G20 Finance Ministers and Central Bank Governors (FMCBG) meeting on international financial architecture, sustainable finance and infrastructure

25 February 2023

Finance Ministry

Finance Ministry Tightens Definition Of Beneficial Owners Under PMLA

Under the anti-money laundering law, 'reporting entities' are banks and financial institutions, firms engaged in real estate and jewellery sectors

09 March 2023

Fiscal deficit (representative image)

FY'23 Fiscal Deficit: Finance Ministry Monitoring Daily Receipts, Expenses In March

According to officials, the daily monitoring of tax and non-tax revenue collections will help the government in taking timely corrective actions, wherever needed

05 March 2023

Nirmala Sitharaman

Finance Minister Holds Bilateral Meetings With G-20 Ministers, Pitches For Global Framework To Regulate Crypto

The minister so far has held separate bilateral meetings with the US Treasury Secretary Janet Yellen, Finance Minister of Japan Shunichi Suzuki, and Italian Minister of Economy and Finance Giancarlo Giorgetti ahead of the...

23 February 2023

India Imposes Anti-Money Laundering Provisions On Cryptocurrencies

The government has imposed anti-money laundering provisions on cryptocurrencies or virtual assets as it looks to tighten oversight of digital assets

09 March 2023

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The tax calculator is live on the income tax department's portal

Finance Ministry Puts Income Tax Calculator Live On Income Tax Department Portal

An Income-tax calculator is an online tool that helps to evaluate taxes based on a person’s income based on Union Budget 2023-24 announcement

21 February 2023

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16 February 2023
Budget Prepared Keeping Mind External Challenges Also: Finance Minister Nirmala Sitharaman

Budget Prepared Keeping Mind External Challenges Also: Finance Minister Nirmala Sitharaman

In an interactive session on the Budget, she said the focus was on the common man and weaker sections and to ensure that their businesses are supported, their...


15 February 2023
Petroleum Products Can Be Included In GST Framework Once States Agree: Finance Minister Sitharaman

Petroleum Products Can Be Included In GST Framework Once States Agree: Finance Minister Sitharaman

Five petroleum products viz. petroleum crude, motor spirit (petrol), high speed diesel, natural gas and aviation turbine fuel have temporarily been kept out of...


13 February 2023
GST Compensation To Some States Delayed Due To Lack Of Accountant General Certificate: Nirmala Sitharaman

GST Compensation To Some States Delayed Due To Lack Of Accountant General Certificate: Nirmala Sitharaman

The finance minister said if there is any delay of getting the AG's authentication, it is a matter between the AG and the state government concerned, and they...


13 February 2023
After Hindenburg Issue, SEBI To Update Finance Ministry On Adani Probe This Week: Report

After Hindenburg Issue, SEBI To Update Finance Ministry On Adani Probe This Week: Report

Hindenburg vs Adani: SEBI will reportedly update the Finance Ministry on its investigation into the Adani Group’s follow-on public offer (FPO) worth Rs...


11 February 2023
 FM Rejects 'Green Budget For Adani' Charge; Says Allocation Not With Anyone In Mind

 FM Rejects 'Green Budget For Adani' Charge; Says Allocation Not With Anyone In Mind

Finance Minister Nirmala Sitharaman on Friday rejected Opposition charges of the Budget allocations for green and clean energy being made keeping the Adani...


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11 February 2023
Nirmala Sitharaman Says Govt Washing 'Sins' Of Oil Bonds, Weak Bank Balance Sheets Left Behind By UPA

Nirmala Sitharaman Says Govt Washing 'Sins' Of Oil Bonds, Weak Bank Balance Sheets Left Behind By UPA

Replying to a discussion on Budget in the Rajya Sabha, she said the UPA government issued oil bonds to oil companies in lieu of losses they incurred on not...


10 February 2023
New Tax Regime To Leave Higher Disposable Income In Hands Of People: Finance Minister Nirmala Sitharaman

New Tax Regime To Leave Higher Disposable Income In Hands Of People: Finance Minister Nirmala Sitharaman

Sitharaman said the new tax regime announced in the Budget is "very attractive" as the tax exemption limit has been hiked to Rs 3 lakh, from Rs 2.5 lakh...


10 February 2023
Decoding Union Budget 2023: An Anti Bahujan Budget In The Amrit Kaal?

Decoding Union Budget 2023: An Anti Bahujan Budget In The Amrit Kaal?

While the 2021 NCRB data shows an evident increase in crimes to 50,013 crimes against Dalits and Adivasis, the budget allocation is reduced to Rs. 500 Crores...


09 February 2023
Finance Minister Urges IMF To Develop Globally Coordinated Approach To Crypto Asset Regulations

Finance Minister Urges IMF To Develop Globally Coordinated Approach To Crypto Asset Regulations

Sitharaman stressed the need to ensure food and energy security for all and asked the IMF for support to the Indian Presidency in the form of detailed...


07 February 2023
Government To Come Out With Discussion Paper For Settlement Of Contractual Disputes

Government To Come Out With Discussion Paper For Settlement Of Contractual Disputes

The government will come out with a discussion paper on a scheme detailing the percentage of amount which could be paid for expeditious resolution of...


03 February 2023
Budget 2023-24: Next-Gen Common Income Tax Return Form To Be Rolled Out For Taxpayers. Details Here

Budget 2023-24: Next-Gen Common Income Tax Return Form To Be Rolled Out For Taxpayers. Details Here

In her Budget speech, Union Finance Minister Nirmala Sitharaman said the government would make the tax compliance process easy for taxpayers


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01 February 2023
Budget 2023: EdTech Sector Welcomes Digital Initiatives, Focus On AI In Education

Budget 2023: EdTech Sector Welcomes Digital Initiatives, Focus On AI In Education

Aarul Malviya, the founder of Zamt, said Union Budget 2023-24 reflects the government's profound interest in bringing a digital revolution in the education...


01 February 2023
Television Prices To Be Reduced By Rs 3,000 As Government Cuts Down Custom Duty On Imported Parts: Budget 2023-24

Television Prices To Be Reduced By Rs 3,000 As Government Cuts Down Custom Duty On Imported Parts: Budget 2023-24

Locally manufactured television sets will become cheaper by up to Rs 3,000 with finance minister Nirmala Sitharaman on Wednesday announcing reduction in basic...


01 February 2023
SEBI To Be Empowered To Enforce Norms, Standards For Education At NISM: FM

SEBI To Be Empowered To Enforce Norms, Standards For Education At NISM: FM

While presenting the Union Budget for 2023-24, Finance Minister Nirmala Sitharaman said, "Sebi will be empowered to develop, regulate, maintain and enforce...


01 February 2023
Budget Proposals Will Help India Achieve Goal Of Becoming USD 5 Trillion Economy: Rajnath

Budget Proposals Will Help India Achieve Goal Of Becoming USD 5 Trillion Economy: Rajnath

Singh said the budget proposals will lead the country towards achieving its goal of becoming a USD 5 trillion economy and "top three" economies globally within...


01 February 2023
Nirmala Sitharaman Takes Tablet In Red Pouch To Parliament To Present Paperless Budget 2023     

Nirmala Sitharaman Takes Tablet In Red Pouch To Parliament To Present Paperless Budget 2023    

The finance minister posed for the traditional 'briefcase' picture outside her office along with her team of officials before heading to meet the President


31 January 2023
FDI Inflows Expected To Rebound In India: Economic Survey 2023 

FDI Inflows Expected To Rebound In India: Economic Survey 2023 

Uncertainty arising from the Russia-Ukraine war and monetary tightening at the global level has restricted the FDI equity inflows to India


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