Tag: finance ministry
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…
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…