Ministry of Finance

No GST on UPI transactions over Rs 2000, clarifies Ministry of FinanceNo GST on UPI transactions over Rs 2000, clarifies Ministry of Finance

No GST on UPI transactions over Rs 2000, clarifies Ministry of Finance

The claims that the government is considering levying Goods and Services Tax (GST) on UPI transactions over Rs 2,000 are…

2 days ago
PM Gati Shakti: Rs11.17 lakh crore mega push with 434 projects to transform India’s logisticsPM Gati Shakti: Rs11.17 lakh crore mega push with 434 projects to transform India’s logistics

PM Gati Shakti: Rs11.17 lakh crore mega push with 434 projects to transform India’s logistics

In a push to strengthen India's logistics infrastructure, the Ministry of Finance has announced the identification of 434 projects under…

3 months ago
Finance Ministry highlights Rs 1.52 lakh cr investment, 85,000 jobs under Semicon India ProgrammeFinance Ministry highlights Rs 1.52 lakh cr investment, 85,000 jobs under Semicon India Programme

Finance Ministry highlights Rs 1.52 lakh cr investment, 85,000 jobs under Semicon India Programme

As the Union Budget 2025-26 nears, the Ministry of Finance has highlighted the significant Union Budget announcements, particularly focusing on…

3 months ago
Indian Micro Finance sector grows by over 2,100% in 12 yrsIndian Micro Finance sector grows by over 2,100% in 12 yrs

Indian Micro Finance sector grows by over 2,100% in 12 yrs

The business of Micro Finance Institutions (MFIs) industry has risen from Rs 17,264 crores in March'12 to Rs. 3.93 lakh…

3 months ago
Government utilised 37.28 % of budgeted effective capex in H1FY25Government utilised 37.28 % of budgeted effective capex in H1FY25

Government utilised 37.28 % of budgeted effective capex in H1FY25

The central government has utilized only 37.28 per cent of the budgeted Effective Capital Expenditure (ECE) in the first half…

4 months ago
Nirmala Sitharaman highlights India’s process, governance reforms for more investor-friendly engagementsNirmala Sitharaman highlights India’s process, governance reforms for more investor-friendly engagements

Nirmala Sitharaman highlights India’s process, governance reforms for more investor-friendly engagements

Union Finance Minister Nirmala Sitharaman has said that India has undertaken a host of process and governance reforms over the…

6 months ago
With 2.31 lakh crore deposits and over 53 cr accounts, PM Jan Dhan Yojana completes ten yearsWith 2.31 lakh crore deposits and over 53 cr accounts, PM Jan Dhan Yojana completes ten years

With 2.31 lakh crore deposits and over 53 cr accounts, PM Jan Dhan Yojana completes ten years

After a decade of its commencement, the Pradhan Mantri Jan Dhan Yojana (PMJDY) has achieved a milestone of a total…

8 months ago
51 lakh, or 7.5% more Indians filed income tax returns this year; 72% of taxpayers opted new regime51 lakh, or 7.5% more Indians filed income tax returns this year; 72% of taxpayers opted new regime

51 lakh, or 7.5% more Indians filed income tax returns this year; 72% of taxpayers opted new regime

The taxpayers and tax professionals made their compliances in time, leading to a surge in filing of Income-tax Returns (ITRs),…

9 months ago
FATF recognises India’s efforts to combat money laundering, terrorist financingFATF recognises India’s efforts to combat money laundering, terrorist financing

FATF recognises India’s efforts to combat money laundering, terrorist financing

India has achieved an "outstanding outcome" in the 2023-24 Mutual Evaluation conducted by the Financial Action Task Force (FATF). The…

10 months ago
Union Finance Minister Sitharaman chairs pre-budget meeting with finance ministers of states, UTs; GST Council to meet later todayUnion Finance Minister Sitharaman chairs pre-budget meeting with finance ministers of states, UTs; GST Council to meet later today

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 on Saturday morning chaired a pre-budget meeting with Finance Ministers of all States and Union…

10 months ago
PM Modi to flag off Finance Ministry’s Iconic Week celebrations todayPM Modi to flag off Finance Ministry’s Iconic Week celebrations today

PM Modi to flag off Finance Ministry’s Iconic Week celebrations today

<p> Prime Minister Narendra Modi will inaugurate the 'Iconic Week Celebrations' of the Ministry of Finance and Ministry of Corporate…

3 years ago
Watch: Finance Minister Nirmala Sitharaman gets up to bring water for speaker at Mumbai event in act of humilityWatch: Finance Minister Nirmala Sitharaman gets up to bring water for speaker at Mumbai event in act of humility

Watch: Finance Minister Nirmala Sitharaman gets up to bring water for speaker at Mumbai event in act of humility

<p> Union Finance Minister Nirmala Sitharaman has won praise on social media for her humility in getting up from her…

3 years ago
FM summons Infosys chief Parekh for failing to fix flaws in portal for e-filing income tax returnsFM summons Infosys chief Parekh for failing to fix flaws in portal for e-filing income tax returns

FM summons Infosys chief Parekh for failing to fix flaws in portal for e-filing income tax returns

<p> The finance ministry has directed Infosys chief Salil Parekh to submit an explanation tomorrow to Finance Minister Nirmala Sitharaman…

4 years ago