Sat, Feb 24, 2024
The Petroleum Ministry had sought budgetary support to drill four stratigraphic wells in Category II and Category III basins in India’s offshore region to obtain critical data for a robust modelling of petroleum reserves.
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Tue, Feb 20, 2024
During the current financial year, the Indian economy is estimated to grow at 7.3 per cent. This would be the third year in the row when the GDP would grow in excess of 7 per cent.
Sat, Feb 17, 2024
The meeting was attended by Chairpersons of Debt Recovery Appellate Tribunals (DRATs) and Presiding Officers of Debt Recovery Tribunals (DRTs).
Thu, Mar 31, 2022
The Union government is looking to raise Rs 8.45 lakh crore through borrowing in the first half of 2022-23 to fund the revenue gap for reviving the economy, the Finance Ministry said on Thursday.
Thu, Mar 24, 2022
The government on Thursday proposed to tighten the norms for taxation of cryptocurrencies by disallowing set off of any losses with gains from other virtual digital assets.
Mon, Mar 14, 2022
India aims to launch its $8 billion listing of state-run Life Insurance Corp (LIC) by mid-April, two government sources said, after delaying what will be the country`s biggest ever IPO from this month due to market volatility.
Tue, Feb 01, 2022
Finance Minister Nirmala Sitharaman today announced a slew of measures for the agriculture sector and the Indian farm communities. Use of Kisan Drones to be promoted for crop assessment. Chemical-free Natural farming to be promoted throughout the country, with focus on farmers' lands in 5-km-wide corridors along the river Ganga in the first stage, the FM further said
Fri, Jan 07, 2022
The government has created a trust fund to increase regional connectivity.
Thu, Dec 30, 2021
According to the rules, a successful bidder awarded a government contract has to deposit a performance security of 5-10 per cent of the value of the contract with the government.
Wed, Dec 01, 2021
Goods and Services Tax (GST) collections jumped to over Rs 1.31 lakh crore in November, the second highest since its implementation in July 2017, in line with the trend in economic recovery, the finance ministry said on Wednesday.
Mon, Nov 22, 2021
The finance ministry has notified uniform 12 per cent GST rate on manmade fibre (MMF), yarn, fabrics and apparel, thereby addressing the inverted tax structure in the MMF textile value chain.
Fri, Oct 01, 2021
Zee Business correspondent Anurag Shah had an exclusive conversation with Bhagwat Karad, excerpts from the interview:-
Wed, Sep 29, 2021
External debt to GDP ratio rose marginally to 21.1 per cent from 20.6 per cent as at end-March 2020.
Tue, Jul 06, 2021
The Finance Ministry has extended deadlines for various income tax compliances.
During this month, the government has settled Rs 19,286 crore to CGST and Rs 16,939 crore to SGST from IGST as regular settlement.
Mon, Jul 05, 2021
7th Pay Commission DA News: No order has been issued for payment of increased DA, DR, Finance Ministry had confirmed on June 26.
Mon, Jun 28, 2021
On Monday, while addressing the media at the , Finance Minister Nirmala Sitharaman made an announcement of Rs 23,220 crore more for Public Health. The Finance Minister has also made announcements of certain other initiatives and schemes that will be undertaken.
The Narendra Modi Government today extended its flagship employment scheme - the Atmanirbhar Bharat Rojgar Yojana till 31 March 2022. The scheme was earlier open till 30 June 2021. The announcement was made by the Union Finance Minister Nirmala Sitharaman during a press conference.
Wed, Jun 23, 2021
To discuss the issues on the new ITR e-filing portal, a meeting was held between the senior officials of the Finance Ministry and Infosys, the vendor that provided this solution on Tuesday, June 22, 2021. The meeting was presided over by the Union Minister of Finance and Corporate Affairs Nirmala Sitharaman.
Tue, Jun 22, 2021
Even two weeks after the launch of the much-talked about new income tax return (ITR) e-filing portal, technical glitches continue to trouble the site. This issue will be taken by the officials of the Finance Ministry with Infosys, the vendor that provided this solution at a meeting today at 11 AM.
Sun, May 16, 2021
GST Council meeting date in 2021: In a major development, the GST Council will meet for the first time this year on May 28, through video conferencing.
Fri, Apr 09, 2021
The net direct tax collections for the financial year 2020-21 grew by around five percent , which represent over 104 per cent of the revised estimates of Rs. 9.05 lakh crore as compared to previous year, a Ministry of Finance said in a statement on Friday.
Mon, Mar 22, 2021
Ministry of Finance has issued a statement in which it said that taxpayers are free to utilise Input Tax Credit (ITC) available in their credit ledger as permissible by law to discharge their GST due for March month.
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