ministry of finance

A US treasury official has concluded his visit to India that included meetings among others with Union Finance Minister Nirmala Sitharaman, with discussions on issues like energy prices and Ukraine. On August 26, Deputy Treasury…

After multiple reports emerged of possible levy on Unified Payments Interface (UPI) transactions in the wake of a Reserve Bank of India (RBI) report, India's Finance Ministry has tweeted a clarification saying there will be no levy on…

The Ministry of Finance on Wednesday informed that the Centre has released two instalments of tax devolution to the state governments amounting to Rs 1,16,665.75 crore as against the normal monthly devolution of Rs 58,332.86 crore. "This…

New Delhi: The Comptroller and Auditor General of India, in its follow-up report on the performance audit of the preservation and conservation of monuments and antiquities, has pulled up the Archaeological Survey of India for its low…

NEW DELHI: The import of newsprint dipped by 50 per cent during the pandemic years, according to data shared by the government in the Lok Sabha. While the newspaper industry imported 12,96,354 kg of newsprint in 2019-2020, the figure…

Kerala Finance Minister K N Balagopal has requested Union Finance Minister Nirmala Sitharaman to exclude balances in the public account of the states and borrowings by entities run by them while determining their net borrowing capacity,…

Finance Minister Nirmala Sitharaman on Monday said the borrowing by state public sector undertakings or their special purpose vehicles (SPVs) will be considered as borrowing by the state government needing consent. Instances of borrowing…

NEW DELHI: The ministry of statistics and programme implementation, the government department that monitors and implements the MP Local Area Development (MPLAD) scheme, has told Lok Sabha in a written response that it does not have any…

Prime Minister Narendra Modi said India's recovery from the pandemic is reflective of people-centric policy and not populist impulse, which helped it to handle Covid-19 better. In his address at the first Arun Jaitley Memorial Lecture on…

The government is considering transferring the administration of the Narcotic Drugs and Psychotropic Substances Act, 1985 and Prevention of Illicit Traffic in Narcotic Drugs and Psychotropic Substances Act, 1988 from the finance ministry…