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2 mins read
Disability affairs department receives hike of 0.02%, allocated Rs 1,225 crore in budget
The Department of Empowerment of Persons with Disabilities has been allocated a total of Rs 1,225.2…
PTI
2 mins read
Continue 45-day MSME payment rule: Industry body to Finance Minister Nirmala Sitharaman
According to Section 43B(h) of the Income Tax Act, introduced through the Finance Act 2023, if a la…
PTI
2 mins read
India's forex reserves sufficient to cover 11 months of projected imports
India's foreign exchange reserves which have reached an all-time high are sufficient to cover 11 mo…
ANI
1 min read
First draft of new and simplified Income Tax law to be prepared by internal tax dept committee: Revenue Secretary
The exercise is not linked to bringing a new direct taxes code, but a comprehensive review of the i…
PTI
2 mins read
Union Finance Minister Sitharaman chairs pre-budget meeting with finance ministers of states, UTs; GST Council to meet later today
Union finance minister Nirmala Sitharaman will be presiding over the meeting. The state ministers, …
ANI
2 mins read
India to remain fastest growing major economy in 2024-25, says CEA Nageswaran
India is poised to remain the fastest-growing major economy in 2024-25, Chief Economic Adviser V An…
ANI
2 mins read
Budget: Rs 13,539 cr allocated to social justice department, 37% higher than last year
This increase is primarily focused on enhancing welfare programmes for marginalised communities and…
PTI
6 mins read
Union Budget 2024: A handy FAQ guide to decode the upcoming budget
Weeks before the budget presentation, the finance minister also meets representatives from vario…
1 min read
Public sector banks asked to reassess gold loan process amid debt risk concerns
The Ministry of Finance has written to public sector banks to reassess their gold loan procedures a…
ANI
2 mins read
Indian economy likely to grow 7% next financial year: Ministry of Finance
The Indian economy is projected to grow close to 7 per cent in the financial year 2024-25 that star…
ANI
2 mins read
Indian economy remains in bright spot: Ministry of Finance
In contrast to a cautious assessment of the global scenario, the Indian economy continues to exhibi…
ANI
2 mins read
Centre releases ₹1,39,750 crore to states towards tax devolution for June
The biggest chunk of the fund went to Uttar Pradesh at Rs 25,069.88 crore, followed by Bihar at Rs …
ANI
1 min read
I-T dept conducts survey at some entities of Hinduja Group
The Income Tax department on Wednesday conducted a survey operation at some entities of the Hinduja…
PTI
2 mins read
RBI initiates transition plan: Small finance banks to ascend to universal banking status
According to the guidelines, SFBs seeking to transition into Universal Banks must meet specific eli…
ANI
2 mins read
Foreign companies exiting Russia are massively boosting Moscow's finances this year but not by choice
Russia's tough rules for companies departing its market — including the payment of "exit taxe…
Huileng Tan
2 mins read
RBI Monetary Policy Meeting: Central Bank likely to keep rates steady
Reserve Bank of India Governor Shaktikanta Das will announce the outcome of the first Monetary Poli…
ANI
2 mins read
Govt hikes windfall tax on domestic crude, reduces levy on export of diesel
As per the Gazette of India, the Ministry of Finance, Department of Revenue, issued two notificatio…
ANI
2 mins read
U.S. Economy Soars: 3 lakh jobs added in 39th consecutive month of growth, boosting confidence and easing inflation concerns
Economists and market investors alike are finding renewed confidence in the resilience of the U.S. …
ANI
1 min read
Blue Economy 2.0: Five integrated Aqua Parks to be set up
In a bid to boost the fisheries sector, Finance Minister Nirmala Sitharaman has said that five inte…
1 min read
Govt to set up more medical colleges by utilising existing hospital infrastructure: Sitharaman
The government plans to set up more medical colleges by utilising existing hospital infrastructure…