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"ministry-of-finance"

  • Govt approves interest rate at 8.25 per cent on employees’ provident fund for FY25

    "Ministry of Finance has given concurrence to 8.25 per cent rate of interest on the EPF for 2024-25 fiscal year and labour ministry sent a communication regarding this to the EPFO on Thursday," a labour ministry official said
  • Gold smuggling case: Actress Ranya Rao, Tarun Raju get bail

    In a major development, the Special Court for Economic Offences in Bengaluru has granted conditional bail to jailed actress Ranya Rao on Tuesday
  • These are fake notes. No Rs 5,000 note has been released by RBI

    A photo was recently shared on Facebook claiming that Rs 5,000 currency note was about to be released by the Reserve Bank of India. The caption, originally in Hindi, read: “New note of five thousand rupees to be released very soon; RBI gave information”
  • IT dept freezes Congress’ four main accounts on ‘flimsy grounds’, says treasurer

    The accounts were frozen on an Income Tax demand of Rs 210 crore for 2018-19, an election year, Maken said.
  • Union Finance Minister Nirmala Sitharaman’s 3-Day Sri Lanka Visit | India-Sri Lanka Business Summit

    Union Finance Minister Nirmala Sitharaman is set to embark on a three-day visit to Sri Lanka, as announced by the Ministry of Finance.
  • India imposes anti-dumping duty on Chinese steel for 5 years

    India has imposed an anti-dumping duty on some Chinese steel for a period of another five years
  • CBI takes control of Delhi Police’s Surya Vinayak Industries Ltd loan fraud case investigation

    The firm is accused of sending the money to Singapore on the pretext of purchasing agricultural goods through a Singapore-based firm.
  • Indian banking system less prone to SVB-like incidents: Ministry of Finance report

    The review report by Ministry of Finance put on Tuesday categorically stated that India's banking system is considerably less prone to such incidents
  • PM Modi to launch portal for credit-linked govt schemes on June 6

    New Delhi: Prime Minister Narendra Modi will launch the national portal for credit-linked government schemes – Jan Samarth Portal on Monday. The portal will be launched during the ‘Iconic Week Celebrations’ of the Ministry of Finance and the Ministry of Corporate Affairs on Monday at Vigyan Bhawan, New Delhi. This week is being celebrated as […]
  • No resumption of DA, DR from July 1 for govt employees, clarifies FM

    Taking to Twitter, the Finance Ministry said a fake document is doing rounds on social media claiming resumption of DA to Central Government employees and Dearness Relief to Central Government pensioners.
  • GST dues of states not cleared as claimed by FM: Chidambaram

    GST collection for the month of May stood at Rs 1,02,709 crore, as per the Ministry of Finance, its eighth month in a row when GST revenue has stayed above the Rs 1 lakh crore mark.
  • Paper industry seeks increase in import duty

    According to AS Mehta, President of IPMA, high cost of raw material coupled with significant increase in fuel cost and other inputs has resulted in a substantial increase in the cost of manufacture of paper and paperboard.
  • 5 States completed stipulated reforms in ‘Ease of Doing Business’

    Five states have so far completed the stipulated reforms in the Ease of Doing Business. These States have been granted permission to mobilize additional financial resources to the tune of Rs 16,728 crore
  • Finance ministry directs lenders to implement interest waiver on loans

    The ex-gratia benefit will be routed through lending institutions, the Finance ministry said in a notification directed to banks and other lending institutions on Saturday.

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