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Latest Articles in finance ministry

Govt Proposes Reduction In Import Duty On Cut & Polished Diamonds & Gemstones To 5%

To disincentivize import of undervalued imitation jewellery, the customs duty on imitation jewellery is being prescribed in a manner that a duty of at least Rs 400 per kg is paid on its import

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Govt To Promote Kisan Drones, Chemical-Free Natural Farming In 2022-23: FM

The government will also facilitate a fund with blended capital raised under the co-investment model through Nabard to finance agri start-ups and rural enterprises

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Union Budget - 2022-23: What Edtech And Agritech Sector Is Expecting From Budget

Here's what Ed-Tech and Agri-tech startups are expecting from Finance Minister this year.

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Banks Sanction Additional Rs 15,571Cr To MSMEs Under ECLGS 2.0 Says Finance Ministry

The finance ministry said the Indian government announced ECLGS 1.0 to provide financial support to MSMEs and ECLGS 2.0 to guarantee credit support for stressed sectors

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Finance Ministry Releases Rs 6,000 Cr To States In Order To Meet GST Compensation Shortfall

The Ministry of Finance in a statement said it has released the tenth weekly instalment of Rs 6,000 crore to the states to meet the GST compensation shortfall.

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Finance Ministry Releases Weekly Instalment Of Rs 6,000Cr For States To Meet GST Compensation Shortfall

The Centre had set up a special borrowing window in October 2020 to meet the estimated shortfall of Rs 1.10 lakh crore in revenue, arising on account of implementation of GST.

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Indian Economy Witnessing V-shaped Recovery: Finance Ministry Report

The decline in the GDP narrowed to 7.5 percent in the second quarter of this financial year, over 23.9 percent in April-June quarter.

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Finance Ministry Sanctions Loans Worth Rs 1,61,017 Crore Under ECLGS For MSME's.

The scheme is the biggest fiscal component of the Rs 20 lakh crore Aatmanirbhar Bharat Abhiyan package announced by Finance Minister Nirmala Sitharaman in May to mitigate the distress caused due to COVID-19.

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KNOW ALL ABOUT THE NEW FACELESS TAX ASSESSMENT

Prime Minister Modi also said, “Faceless assessment and taxpayers charter come in force from today, whereas faceless appeal service will be available from September 25.” He also said “faceless teams across India”will be examining IT returns and will amend grievances.

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Government Likely To Announce Measures To Help SME Businesses On Nov 2 - Finance Ministry

Prime Minister Narendra Modi will launch a programme to support the businesses in New Delhi tomorrow, the finance ministry said

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