Tag: finance ministry
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…
Govt set to borrow Rs 6.77 lakh crore in H2, stay near FY26 target
The central government will borrow ₹6.77 lakh crore from the market through dated securities in the second half of this fiscal, the finance ministry said…
Recent GST rate cuts to help lower inflation by next year: Finance Ministry report
Recent GST rate cuts will help lower inflation over the next year and also bring a further upside bias to the country’s growth prospects, the…
Govt allows physical forms for UPS, sets September 30 deadline
New Delhi: Government employees unable to submit requests for the Unified Pension Scheme (UPS) online due to technical glitches can file a physical form with…
Govt urges employees to opt for UPS before September 30, allows physical submission of opt in request
The Finance Ministry on Thursday asked government employees to opt for shifting to the Unified Pension Scheme (UPS) well before the September 30 deadline and…
PMO seeks India Inc’s inputs on impact of additional US tariff
New Delhi: The Prime Minister’s Office (PMO) has reached out to large corporations, seeking their inputs on blunting the impact of the additional US tariff…
GST may limit tariff blow to 30 bps of GDP: Chief economic adviser
New Delhi: Chief economic adviser V Anantha Nageswaran on Wednesday said the goods and services tax (GST) breather announced this month will soften the US…
GST 2.0: Govt to monitor GST rate cuts to ensure relief reaches common man: Minister
The finance ministry, in coordination with other ministries, will closely monitor the implementation of the reduced goods and services tax (GST) rates to ensure that…
gst revenue: August GST revenue collection up 28% YoY at Rs 1.44 lakh cr
The gross GST revenue collected in the month of August 2022 stood at Rs 1,43,612 crore, up 28% on a year-on-year basis, the Finance Ministry…