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Latest Articles in finance ministry

FinMin Releases Rs 45,000 Cr To States As Add'l Devolution On Buoyant Q4 Revenue Mop-Up

The 15th Finance Commission has recommended that the states be given 41 per cent of the divisible tax pool of the Centre during the 2020-21 fiscal.

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Centre Releases Rs 30,000 Cr To States As GST Compensation

The Centre has also settled Integrated GST (IGST) of Rs 28,000 crore, of which Rs 14,000 crore has been shared equally between states and the Centre.

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Permission For New Pvt Banks To Participate In Govt Biz Will Be Based On RBI Guidelines: FM

The minister was responding to a query about whether the government will adopt any criteria to permit new banks for taking up government-related business.

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More Than 50% Account Holders Under PMJDY Women: FinMin

Stand Up India Scheme was launched on April 5, 2016, to promote entrepreneurship at the grass-root level for economic empowerment and job creation.

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Strive For Seamless Digital Payments, Lessons To Be Learnt From NSE's Tech Glitch: FM

The minister suggested that the CGA should move towards being more paperless and user friendly in its functioning and also aim for greater integration with the Department of Expenditure and states.

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Centre releases 17th installment of Rs 5,000 cr GST compensation shortfall to states

Centre releases 17th installment of Rs 5,000 cr GST compensation shortfall to states

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Govt To Appeal Against Cairn Tax Award; No Mention Of Appeal In Talks Between FinMin & Co CEO

Cairn on its part remained tight-lipped on the parleys it has initiated with an aim to avert the company having to take legal recourse to recover the amount including through seizure of Indian assets overseas.

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Income tax dept recovers Rs 300 crore during search operation in Kolkata

Income tax dept recovers Rs 300 crore during search operation in Kolkata

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New agriculture cess will fund farm infrastructure, says FM Sitharaman

New agriculture cess will fund farm infrastructure, says FM Sitharaman

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FinMin To Clarify On Residency Status Of NRIs Stranded In India This Fiscal Due To COVID

Commercial international flights were suspended when the nationwide lockdown was imposed on March 25, 2020. Later, such flights were allowed in a restricted manner under bilateral Air Bubble agreements and the services are yet to resume fully.

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Kolkata-based group concealed Rs 309 crore income, says I-T dept

Kolkata-based group concealed Rs 309 crore income, says I-T dept

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Budget no constraint as athletes are training in full swing ahead of Olympics, says Rijiju

Budget no constraint as athletes are training in full swing ahead of Olympics, says Rijiju

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FinMin Releases Rs 12,351 Cr To 18 States For RLB grant

This amount is the second instalment of basic grants released in the financial year 2020-21, the ministry said in a statement.

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Govt may increase customs duty on certain components in Union Budget 2021: Sources

Govt may increase customs duty on certain components in Union Budget 2021: Sources

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13th instalment of Rs 6,000 crore released for states to meet GST compensation shortfall

13th instalment of Rs 6,000 crore released for states to meet GST compensation shortfall

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