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September 3, 2025, 06:42 PM - 2 min read
A committee, which includes representatives from the Finance Ministry, the Department for Promotion of Industry and Internal Trade, the Department of Commerce, the RBI, and the Directorate General of Foreign Trade, will look into quick resolution of tax and export-related issues of the manufacturing sector
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August 19, 2025, 02:24 PM - 2 min read
The Finance Ministry has called a high-level meeting with the heads of public sector banks on August 20 to review their performance in the first quarter of 2025-26
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May 24, 2025, 05:47 PM - 2 min read
The ministry of finance has ratified the same rate of interest on EPF for the fiscal year 2024-25 as the preceding year
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April 18, 2025, 08:12 PM - 3 min read
The Finance Ministry has dismissed claims that GST would be imposed on UPI transactions over ₹2,000, calling them baseless. It reaffirmed that there is no such proposal and reiterated its commitment to encouraging low-cost, cashless transactions through digital platforms like UPI.
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March 5, 2025, 11:17 AM - 4 min read
The Central Bureau of Investigation (CBI) has sent a judicial request to the United States seeking information from private investigator Michael Hershman, who has previously expressed willingness to share crucial details about the Rs 64-crore Bofors bribery scandal of the 1980s.
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February 5, 2025, 01:15 PM - 2 min read
The Indian Finance Ministry has issued an advisory instructing its employees to refrain from using artificial intelligence tools such as ChatGPT and DeepSeek for official work.
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January 30, 2025, 04:46 PM - 3 min read
The scheme would provide 60 per cent guarantee coverage by National Credit Guarantee Trustee Company Limited (NCGTC) to member lending institutions (MLIs) for credit facility upto Rs 100 crore, sanctioned to eligible MSMEs under MCGS-MSME for purchase of equipment/machinery, according to the Ministry of Finance.
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January 16, 2025, 02:40 PM - 3 min read
The Ministry of Finance on Thursday gave a report card on the key 2024-25 Union Budget initiatives, including simplifying taxation, reducing litigation, and improving tax certainty, with reforms such as the Vivad Se Vishwas Scheme and changes to capital gains taxation.
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January 12, 2025, 05:37 PM - 2 min read
The Finance Ministry has called a meeting of Public Sector Bank (PSB) heads on Wednesday, including representatives from private sector banks, to review the progress of various financial inclusion schemes, such as Jan Suraksha and Mudra Yojana, chaired by Financial Services Secretary M. Nagaraju.
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January 10, 2025, 04:27 PM - 3 min read
The Union Government has released tax devolution of ₹1,73,030 crore to State Governments today, as against the devolution of ₹89,086 crore in December 2024.
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January 7, 2025, 02:45 PM - 5 min read
During the in-person consultations, more than 100 invitees from nine stakeholder groups participated, including experts and representatives from farmer associations, agricultural economists, trade unions, the education and health sectors, MSMEs, trade and services, industry, economists, the financial sector and capital markets, as well as the infrastructure, energy, and urban sectors.
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January 1, 2025, 03:59 PM - 3 min read
With the growth versus inflation debate leaving the finance ministry and RBI on different pages, all eyes will also be on possible interest rate cuts in February when the central bank's monetary policy panel meets for the first time under the new Governor Sanjay Malhotra.
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