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Latest Articles in ministry of finance

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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Govt Initiatives Since 2014 Helped Economy And People Afloat: FM

"India very smartly raised funds and distributed them not only for infrastructure building but also for livelihood prospects in each region," said Sitharaman

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GST Collection At Rs 1,40,885 Cr In May, Registers 44% YoY Hike

The ministry said that the revenues for May 2022 are 44 per cent higher than the GST revenues in the same month last year of Rs 97,821 crore

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Rs 1,930 Cr Paid For 97,227 Claims Under PMSBY: Govt

Launched on 9 May 2015, Pradhan Mantri Suraksha Bima Yojana is an accidental insurance scheme that provides insurance cover for death or full, partial permanent disability

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Sitharaman Attends FATF Ministerial Meeting In Washington

Sitharaman extended support to the strategic priorities and said that India is committed to providing the necessary resources and support to FATF in its endeavour as a global alliance against money laundering, terrorist financing

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Over 99 Lakh APY Accounts Enrolled During FY 2021-22: Govt

Around 71 per cent of the enrolments are done by public-sector banks, 19 per cent by regional rural banks, 6 per cent by private sector banks and 3 per cent by payment and small finance banks, the ministry said.

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Sitharaman Meets IMF Chief, Discusses Impact Of Geopolitical Developments On Global Economy

Discussing the recent geopolitical developments, Sitharaman and Georgieva raised concerns about its impact on the global economy and the challenges linked to the rising energy prices

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Over 34.42 Cr Loan Accounts Amounting Rs 18.60 lakh Cr Opened Under PMMY: Govt

She said that the scheme has helped in creating an enabling environment, particularly for small businesses and has helped generate large-scale employment opportunities at the grassroots level

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States To Get Additional Borrowing Space For Power Sector Reforms

This was announced by the finance minister in the Budget speech of 2021-22

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Over Rs 30,160 Cr Loans Sanctioned Under Stand-Up India Scheme In 6 Yrs: Govt

“As more and more beneficiaries from the underserved segments of entrepreneurs are targeted for coverage, we would make significant strides towards building an Atmanirbhar Bharat," she added

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Cabinet Approves Setting Up Of NLMC: Centre

Incorporation of NLMC is underway which is being steered by the Department of Public Enterprises, Ministry of Finance, according to him

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At 7.43%, States Pay Highest Interest Rate On Debt At Last Auction Of FY22

In the last auction of FY22, 15 states raised Rs 30,853 crore, 24 per cent more than what was notified, rating agencies Icra and Care said

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PSBs Sufficiently Capitalised: Bhagwat Karad

The government infused about Rs 3 lakh crore in public sector banks between 2017-18 and 2021-22

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