Finance Ministry Asks Banks to Increase Credit Flow to Aspiring Districts
On Friday, the finance ministry asked state banks to further increase credit penetration in all 112 desirable districts across the country and ensure that all...
Tag : Finance ministry
Finance Ministry Finalises Framework for Sovereign Green Bonds
According to people familiar with the matter, Finance Ministry has finalised the framework for issuing sovereign green bonds that meet global standards. The government intends...
Govt to Buy Vodafone Idea Stake When Share Price Hits Rs 10 or Higher
The government is reportedly set to buy a stake in telecom operator Vodafone Idea after its share price stabilised at Rs 10 or higher after...
FinMin Approves Converting Rs 16,100 Crore Dues of Vodafone Idea to Government Equity
Finance Ministry has cleared a proposal to convert Vodafone Idea‘s accrued interest on dues worth Rs 16,130 crore into equity. The telecom department will likely...
Bajaj Finserv Shares Fall After FinMin Says No Fees for UPI Transactions
Shares of Bajaj Finserv fell nearly 3% a day after the Finance Ministry said it would not consider charging any fees for transactions made through...
UPI Transactions to Remain Free, Modi Govt Clears
The Ministry of Finance has clarified that the government is not considering any charges on UPI services. The concerns of the UPI (Unified Payment Interface)...
GST Collection Soars 28% YoY, 2nd Highest Since Introduction
GST collection in July rose 28% on year to Rs 1.49 lakh crore, marking the second highest revenue collection since the introduction of the GST...
Govt Notifies GST Compensation Cess Extended Till March 2026
The government has extended the Goods and Services Tax (GST) compensation tax until March 2026. On June 25, the Finance Ministry confirmed the extension through...
Centre, States Collect Record Rs 1.68 Trillion in GST in April
In April, both central and state governments collected a record of Rs 1.68 trillion in good and services tax; this decision was taken by Finance...
FM Sitharaman, CEA Nageswaran to Attend IMF-World Bank Spring Meeting
FM Nirmala Sitharaman will attend the International Monetary Fund (IMF) and World Bank Spring Meeting, which begin on Monday in Washington DC. She will also...