Ministry of Finance

India always took lead in bringing emerging market perspective to global forums

According to Ajay Seth, many parts of the globe are using digital identities, making digital payments, using digital utilities for essential services.

published on : 6th March 2023

Inflation signals ease, but worries remain

The RBI began its hike cycle only in May, but the interest cover ratio for some 3,000-odd companies has fallen from 5.41 to 4.6 in H1-FY23, according to a Bank of Baroda study.

published on : 25th November 2022

Panel recommends State-wide permits for OSRTC buses in Odisha

As per the recommendation of the Ministry of Finance, the STU buses should be examined from the payment of MV Tax (Road Tax and Permit fees) to reduce their operational costs.

published on : 1st September 2022

Income Tax Dept raids Jhansi-based real estate firm

So far, the investigation from evidence collected during the search has revealed the quantum of unaccounted receipts aggregating to more than Rs 150 crore, the finance ministry said.

published on : 12th August 2022

Centre releases Rs 1.16 lakh crore as tax devolution to states: Finance Ministry

"This is in line with the commitment of the Government of India to strengthen the hands of States to accelerate their capital and developmental expenditure," the ministry said.

published on : 10th August 2022

Neelachal Ispat Nigam privatisation complete, shares transferred to Tata Steel Long Products

Pandey said that all the pending dues of the employees have been cleared on priority basis and no employees have been retrenched.

published on : 5th July 2022

K Chandrasekhar Rao dispatches Special Chief Secretary, Finance to Delhi

Sources said that the Chief Minister may also go to Delhi next week for a follow-up. Rao is also expected to extend support to the agitating farmers in Punjab.

published on : 19th May 2022