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Latest Articles in Minister of State for Finance
General Govt Debt Moderates To 80.9% In FY23
The report emphasised the concerted effort taken by the Centre and States to limit borrowing. It eventually helped to bring down the fiscal deficit and debt level from FY 2022 onward
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PMMY Has Brought Unserved, Under-served Sections Within Institutional Credit Framework: Karad
More than 40.82 crore loans amounting to Rs 23.2 lakh crore sanctioned under Pradhan Mantri MUDRA Yojana (PMMY) since inception
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I Was Always Inclined To Contribute To Society: MoS Karad
The idea is to ensure maximum penetration of the schemes and ensure maximum people can gain benefit from it. I am glad to announce that a lot of good work is being done under these schemes across states.
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Amount Involved In Bank Fraud Declines To Rs 3,785 Cr In FY22: Karad
As per the RBI data, frauds involving the amount of Rs 11,800 crore were detected in 2020-2021, the Minister of State for Finance said in a written reply to the Lok Sabha
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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.
Read MoreIndian 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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