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UNBELIEVABLE: 4 - The Untold Story

33 loss-making firms donated electoral bonds worth ₹582 crore, 75% went to BJP | Data

At least 45 companies that donated electoral bonds to the BJP have suspect funding sources. Thirty-three companies which had negative or near zero profit after tax donated to the ruling party

The Hindu · Apr 3, 2024

India's outlook for next fiscal positive: Finance Ministry

The Finance Ministry's Monthly Economic Review said with an uptick in private investment and inflation trending down, India’s outlook for the next fiscal looks positive

The Hindu · Mar 22, 2024

SBI’s arguments for extension of time to provide details on electoral bonds are flawed: Congress

Congress criticizes SBI for delaying disclosure of electoral bond details, accusing PM Modi of hiding corporate donors.

The Hindu · Mar 7, 2024

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Pension concerns: On the EPFO recommendation

The doubling of minimum pension will not result in a strain

The Hindu · Feb 14, 2024

The dispute on India’s debt burden

To avoid worst-case scenarios, the need for fiscal correction is all the more vital this election year

The Hindu · Jan 3, 2024

Debt debate: On the IMF’s latest India consultation details, Finance Ministry’s response

Despite the Finance Ministry’s views, in the broader picture, IMF staff’s perceptions of India’s fiscal position have actually improved over the past year

The Hindu · Dec 25, 2023

Revenue rebound: On GST collections

The entire bump up in October’s GST revenues, stemming from transactions undertaken in September, may not be ascribed to a consumption spike at the onset of the festive season

The Hindu · Nov 5, 2023

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MGNREGS is a demand-driven scheme, no question of deficit in it: Rural Development Minister Giriraj Singh

Union Minister Giriraj Singh says MGNREGS is demand-driven, no scope of deficit. Finance Ministry has given blank cheque to meet shortfall. Govt. has shifted to DBT & Aadhaar seeding of job cards to bring transparency.

The Hindu · Oct 20, 2023

Finance Ministry seeks applications for post of whole-time member at IRDAI

Finance Ministry invites applications for IRDAI Whole-Time Member (Distribution). Must have 25+ yrs exp. & min. 3 yrs at senior level. Last date for applications: Oct. 30, 2023. Salary: Rs. 4 lakh/month. Age limit: 60 yrs. No person can hold office after 62 yrs. Led by Chairman Panda & 5…

The Hindu · Sep 18, 2023

Ahead of festive season, Nepal to import 20,000 MT sugar from India

Nepal imports at least 70% sugar from India.

The Hindu · Sep 14, 2023

Ahead of Joe Biden visit, India drops tariff hikes on U.S. almonds, lentils

India raised import duties on 28 American products including almonds in June 2019, after the U.S. had hiked its customs duties on certain steel and aluminium products. In a notification issued on September 5, the Finance Ministry dropped some of these tariff hikes.

The Hindu · Sep 6, 2023

Inflation pressures may linger, but food prices to cool soon: FinMin

India's inflation woes may be transitory due to global uncertainties and domestic disruptions. The Finance Ministry noted the 11.5% food inflation rate and 4.9% core inflation rate, and cautioned that global monetary tightening could hurt stock markets in emerging economies. Government efforts to reduce food inflation expected to materialise in…

The Hindu · Aug 22, 2023

Update us on money laundering case involving Arunachal Public Service Commission, Gauhati HC tells Finance Ministry and ED

The Gauhati High Court has asked the Finance Ministry and the Enforcement Directorate (ED) to update it on the status of the investigation into a money laundering case involving the Arunachal Pradesh Public Service Commission (APPSC).

The Hindu · Aug 11, 2023

In Telangana, few funds, but many promises

With more welfare schemes likely to be announced in Telangana, the government would do well in making sure that its finances are in place before any announcement is made

The Hindu · Aug 6, 2023

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The Hindu · Aug 1, 2023

GST revenues register three-month high in July

India’s gross revenues from the Goods and Services Tax (GST) hit a three-month high to cross ₹1.65 lakh crore in July. However, at 10.8%, it was the slowest uptick in collections since July 2021 compared to revenues from the same month last year. Overall GST Compensation Cess levies, which will…

The Hindu · Jul 31, 2023

Interest of national security from Defence perspective is more important than public interest: Karnataka High Court

The interest of national security from the Defence perspective assumes greater national significance than the public interest, the High Court of Karnataka has said while quashing a tender awarded by the BHEL to a private company, having consortium agreement with a Chinese company, contrary to the Union government’s restriction imposed…

The Hindu · Jul 26, 2023

No review of Uniform Civil Code impact on HUFs: Finance Ministry

Under the Income Tax Act, an HUF is treated as a ‘person’ and is assigned a separate entity for the purpose of assessment. Read more details on The Hindu

The Hindu · Jul 12, 2023

Linking GST, PMLA is road to tax ‘terrorism’, alleges Congress

The Congress alleged that the Narendra Modi government has unleashed “tax terrorism” by surreptitiously bringing the Goods and Services Tax Network under the Prevention of Money Laundering Act, saying that the move will be used to threaten trade and industry leaders

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Bangkok Post · Jul 12, 2023

Premier delay will affect fiscal budget

The implementation of the fiscal 2024 budget, starting on Oct 1, will be delayed if the new prime minister and government are not appointed within this month, according to the Budget Bureau.

The Hindu · Jul 4, 2023

Explained | The changes to the Liberalised Remittance Scheme

The finance ministry deferred the imposition of an increased 20% rate for Tax Collected at Source to October 1, and said transactions with international credit cards overseas will not be subject to the Liberalised Remittance Scheme.

The Japan News/Yomiuri · Jun 29, 2023

Banknotes set to debut in July 2024

The planned issuance of three denominations of new banknotes, including a 10,000 yen bill featuring noted industrialist Eiichi Shibusawa, will begin in the first half of July next year, the Finance Ministry said Wednesday.

Bangkok Post · Jun 27, 2023

Fiscal fundamentals remain 'solid'

Thailand's financial and treasury fiscal fundamentals remained solid in the first eight months of fiscal 2023, with revenue collection exceeding the government's target by up to 122 billion baht.

Zenger · Jun 20, 2023

Intel To Invest $25 Billion In Israel Chip Plant

Tech giant to build third factory in Kiryat Gat, boosting Israeli economy and exports.

The Hindu · Jun 18, 2023

Net Direct Tax receipts up 11.2%

Net direct tax collections have risen 11.2% in the first two and a half months of this financial year, with advance tax inflows for the first quarter of 2023-24 increasing 13.7%, the Finance Ministry said on June 18.

Bangkok Post · Jun 13, 2023

Ministry told to explore diesel tax cut extension

Prime Minister Prayut Chan-o-cha assigned the Finance Ministry and relevant agencies on Tuesday to study the possibility of extending the excise tax cut on diesel of 5 baht per litre, which is scheduled to end on July 20 this year.

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