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Latest Articles in ministry of finance

India Imposes Anti-dumping Duty On Chinese Steel For 5 Years

An anti-dumping duty of USD 613 per tonne has been imposed on flat-base steel wheels from China, according to a notification on Monday

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GST Collection Rises 11% To Rs 1.59 Lakh Cr In August YoY

Monthly GST collection was Rs 1.65 lakh crore in June, which was the same as the average monthly GST revenue expected by policymakers for this fiscal

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Lok Sabha Passes GST Amendment Levying 28% Tax On Online Gaming

With 28 per cent GST now officially imposed, the tax liability on online gaming grow as well. Lay offs expected.

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Over 5.25 Cr Subscribers Enrolled In APY In 8 Years: Centre

The total assets under management (AUM) in APY is over Rs 28,434 crore and the scheme has generated an investment return of 8.92 per cent so far

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FM Urges ADB For Support In Concessional Climate Finance

The minister is in South Korea to take part in the annual meeting of ADB

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RVNL Gets Upgraded As Navratna By Finance Ministry

By becoming a Navratna CPSE, RVNL, which is under the Ministry of Railways, will have more autonomy in terms of investment, setting up joint ventures and other financial decisions

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Centre Collects Rs 1,49,577 Cr GST Revenue In February: FinMin

The revenues for February 2023 are 12 per cent higher than the GST revenues in the same month last year, which was Rs 1,33,026 crore

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Direct Tax Collections Up 24.09% To Rs 15.67 Lakh Cr In FY23

The provisional figures of direct tax collections up to 10 February 2023 continue to register steady growth, as per the Ministry of Finance

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Centre Raises Rs 4,06,000 Cr Via Dated Securities In Q2FY23

The weighted average maturity of new issuances of dated securities was lower at 15.62 years in Q2 of FY23 as compared to 15.69 years in Q1 of FY23

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Union Budget 2023-24: FM Holds Meeting With Agricultural Experts

Finance Minister Nirmala Sitharaman on Monday chaired the first pre-budget 2023 consultation with the first group of captains from industry and experts in infrastructure and climate change

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Govt Does Not Interfere In Functioning Of ED: Sitharaman

Nirmala Sitharaman said, ED knows its responsibilities and the government does not interfere in its work.

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Financial Inclusion Is Enabler For Inclusive Growth: MoS Karad

Karad said that PMJDY has become the foundation stone for the government's people-centric economic initiatives

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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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Centre Collects Rs 1,48,995 Cr GST Revenue In July 2022

The GST revenue collection for July second highest ever and 28 per cent higher than the revenues in the same month last year

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Govt Exempts Excise Duty On ATF Purchases By Indian Carriers For International Flights

In a notification, the ministry said that ATF supplied as fuel to domestic carriers on international routes would continue to be exempted from basic excise duty from July 1

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