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Latest Articles in Minister of State for Finance

India's Fintech Market To Triple To Rs 6.2 Lakh Cr By 2025: Bhagwat Karad

He said that India is a leader when it comes to adopting financial technology in emerging markets. He also said that India had an 87 per cent adoption rate in March 2020, if we compared it to the global average of 64 per cent

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Nearly 72 % Of Financial Transactions Of PSBs Done Through Digital Channels: MoS Finance

PSBs have recovered an amount of Rs 4.52 lakh crore during the past five financial years from defaulters in NPA and written-off accounts, and have made aggregate recovery of Rs 20,334 crore from wilful defaulters till March 2021

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GST Officers Detect Rs 4,000 Cr Of ITC Fraud In Apr-Jun

In reply to a separate question, Chaudhary said the mechanism for claiming Goods and Services Tax (GST) refund by exporters is a streamlined process.

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Higher Q1 Tax Mop-Up Shows Economy On Recovery Path: Govt

Net direct tax collection in the April-June quarter of the current fiscal is over Rs 2.46 lakh crore, as against more than Rs 1.17 lakh crore during the same period of the previous fiscal.

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Govt's Net Tax Collection Rises 86% To Rs 5.57 Lakh Cr In Q1

The net indirect tax collection in the first quarter of FY 2021-2022 was Rs 3,11,398 crore as against Rs 1,82,862 crore during the same period a year ago, representing a growth of 70.3 per cent.

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Banks NPAs Decline To Rs 8.34 Lakh Cr At March-End 2021: Minister

Ability of PSBs to further increase lending is evident through Capital to Risk Weighted Assets Ratio which stood at 14.04 per cent as of March 31, 2021, as against regulatory requirement of 10.875 per cent

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Sebi, DRI Probing Adani Group Firms: Minister

Adani Group is a responsible corporate citizen and strongly believes in compliance of appliable laws and adheres to prudent corporate governance framework

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India Open For Stronger Trade Relations With EU: Thakur

Portugal's Minister of State for Internationalization Eurico Brilhante Dias called on Thakur ahead of the 5th Joint Economic Commission India-Portugal meeting in Delhi.

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Indian economy is witnessing V-shaped recovery, says Anurag Thakur

Indian economy is witnessing V-shaped recovery, says Anurag Thakur

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PMC Bank Crisis 'Eye Opener', RBI Looking Into Lapses: Thakur

PMC Bank came under stress due to alleged financial irregularities forcing the RBI to impose restriction on it.

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Govt To Take Call On Relief In Income Tax At Appropriate Time: Thakur

There has been a clamour for raising income tax exemption limit to push demand and consumption to boost the economy.

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