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Ministry of Finance

  • Economy

    No GST on UPI transactions over Rs 2000, clarifies Ministry of Finance

    by ANI April 19, 2025
    by ANI April 19, 2025

    The claims that the government is considering levying Goods and Services Tax (GST) on UPI transactions over Rs 2,000 are completely false, misleading, and without any basis, said the Ministry …

  • Economy

    PM Gati Shakti: Rs11.17 lakh crore mega push with 434 projects to transform India’s logistics

    by ANI January 22, 2025
    by ANI January 22, 2025

    In a push to strengthen India’s logistics infrastructure, the Ministry of Finance has announced the identification of 434 projects under the PM Gati Shakti initiative. Ministry of Finance posted on …

  • India

    Finance Ministry highlights Rs 1.52 lakh cr investment, 85,000 jobs under Semicon India Programme

    by ANI January 20, 2025
    by ANI January 20, 2025

    As the Union Budget 2025-26 nears, the Ministry of Finance has highlighted the significant Union Budget announcements, particularly focusing on the development of the semiconductor and electronics manufacturing ecosystem. In …

  • Economy

    Indian Micro Finance sector grows by over 2,100% in 12 yrs

    by ANI January 9, 2025
    by ANI January 9, 2025

    The business of Micro Finance Institutions (MFIs) industry has risen from Rs 17,264 crores in March’12 to Rs. 3.93 lakh crore as of November’24, M Nagaraju, Secretary, DFS, Ministry of …

  • Economy

    Government utilised 37.28 % of budgeted effective capex in H1FY25

    by ANI December 24, 2024
    by ANI December 24, 2024

    The central government has utilized only 37.28 per cent of the budgeted Effective Capital Expenditure (ECE) in the first half of the financial year 2024-25, according to the data released …

  • India

    Nirmala Sitharaman highlights India’s process, governance reforms for more investor-friendly engagements

    by ANI October 22, 2024
    by ANI October 22, 2024

    Union Finance Minister Nirmala Sitharaman has said that India has undertaken a host of process and governance reforms over the last 10 years for more investor-friendly engagement. While addressing the …

  • Economy

    With 2.31 lakh crore deposits and over 53 cr accounts, PM Jan Dhan Yojana completes ten years

    by ANI August 28, 2024
    by ANI August 28, 2024

    After a decade of its commencement, the Pradhan Mantri Jan Dhan Yojana (PMJDY) has achieved a milestone of a total of 53.13 crores PMJDY accounts out of which 55.6 per …

  • Economy

    51 lakh, or 7.5% more Indians filed income tax returns this year; 72% of taxpayers opted new regime

    by ANI August 2, 2024
    by ANI August 2, 2024

    The taxpayers and tax professionals made their compliances in time, leading to a surge in filing of Income-tax Returns (ITRs), which resulted in a new record of ITRs filed till …

  • India

    FATF recognises India’s efforts to combat money laundering, terrorist financing

    by ANI June 28, 2024
    by ANI June 28, 2024

    India has achieved an “outstanding outcome” in the 2023-24 Mutual Evaluation conducted by the Financial Action Task Force (FATF). The Mutual Evaluation Report, adopted during the FATF plenary held in …

  • Economy

    Union Finance Minister Sitharaman chairs pre-budget meeting with finance ministers of states, UTs; GST Council to meet later today

    by ANI June 22, 2024
    by ANI June 22, 2024

    Union Finance Minister Nirmala Sitharaman on Saturday morning chaired a pre-budget meeting with Finance Ministers of all States and Union Territories. The Pre-Budget Meeting is organised by the Ministry of …

  • Economy

    PM Modi to flag off Finance Ministry’s Iconic Week celebrations today

    by IN Bureau June 6, 2022
    by IN Bureau June 6, 2022

    <p> Prime Minister Narendra Modi will inaugurate the 'Iconic Week Celebrations' of the Ministry of Finance and Ministry of Corporate Affairs today at Vigyan Bhawan in Delhi.</p> <p> The "iconic …

  • Economy

    Watch: Finance Minister Nirmala Sitharaman gets up to bring water for speaker at Mumbai event in act of humility

    by IN Bureau May 9, 2022
    by IN Bureau May 9, 2022

    <p> Union Finance Minister Nirmala Sitharaman has won praise on social media for her humility in getting up from her chair and offering water to the Managing Director of National …

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