Tag: finance ministry
Finance Ministry releases monthly review of accounts of GOI; shows steady revenue growth and higher transfers to states
The Government of India’s fiscal data for the current financial year up to October 2025 shows steady revenue collection and higher fund transfers to states,…
FinMin, RBI working on portal to help citizens claim unclaimed assets: DFS Secy
The finance ministry is working with the Reserve Bank to develop a unified portal to enable savers and retail investors to claim all unclaimed assets…
16th Finance Commission submits reports to President Murmu; to be tabled in Winter Session of Parliament
Chairman of the 16th Finance Commission Arvind Panagariya on Monday submitted to President Droupadi Murmu the panel’s report, recommending the share of states in the…
Centre, states discuss use of AI in governance
NEW DELHI: The Centre Saturday discussed with states various ways in which Artificial Intelligence can be used effectively for decision making and policy formulation in…
Finance ministry rejects hike in food subsidy bill, pushes for open market grain sales
New Delhi: The finance ministry has rejected a proposal to raise food subsidy outlay to ₹2.20 lakh crore from ₹2.03 lakh crore in the revised…
Finmin launches National Cyber Awareness campaign
The Department of Financial Services under the Finance Ministry on Wednesday said it has launched the National Cyber Awareness campaign. The inaugural cyber awareness capacity…
FinMin seeks industry suggestions on tax changes expected in FY27 Budget
The Finance Ministry has called for suggestions from trade and industry on tax rate changes and ease of compliance expected in the Union Budget for…
India starts probe into increased imports of chemical from South Korea
India has initiated a probe to ascertain if a significant spurt in imports of a chemical, used in the plastic industry, from South Korea is…
Niti Aayog CEO says regulations must not stifle fintech innovation
Niti Aayog CEO BVR Subrahmanyam on Tuesday warned that regulations should not stifle innovation, or it will flourish somewhere else. Speaking at the Global Fintech…
SC seeks Finance Ministry’s response on petition challenging constitutional validity of securities transaction tax
The Supreme Court on Monday sought response from the Finance ministry on a petition challenging the constitutional validity of the securities transaction tax (STT), a…