Tag: finance ministry
National Highway builders ask Finmin to clarify arbitration order
The National Highway Builders Federation (NHBF) has requested the finance ministry to issue sector-specific clarification or guidance regarding the ministry’s order of 2024 to end…
Union Budget 2026: Centre’s dividend kitty may beat budget estimates in FY26
New Delhi: The government’s dividend collections from non-financial central public sector enterprises (CPSEs) and entities where it holds minority stakes may exceed the budgeted target…
Finance ministry to take a relook at crop insurance plan
The finance ministry has begun a review of the cup-and-cap model under the government’s flagship crop insurance programme, Pradhan Mantri Fasal Bima Yojana (PMFBY), amid…
A step forward: 83 GSTAT members allotted benches
NEW DELHI: The finance ministry has allotted benches to 83 newly appointed members of the Goods and Services Tax Appellate Tribunal (GSTAT), a key step…
Budget 2026: Budget 2026: States may get bigger capex push as Centre plans higher interest-free loans
The central government is considering raising long-term interest-free loans to states in the budget for 2026-27 for their capital asset creation, expecting the high multiplier…
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…