Finance Ministry

Govt kicks off preparations for Union Budget 2027-28, pre-Budget meetings from Oct 12
Business

Govt kicks off preparations for Union Budget 2027-28, pre-Budget meetings from Oct 12

The government has started preparations for Union Budget 2027-28, with the Finance Ministry issuing the Budget Circular that sets out…
UPI Sustainability Push: Govt Weighs MDR on Select Transactions, Tiered Incentive Plan
Business

UPI Sustainability Push: Govt Weighs MDR on Select Transactions, Tiered Incentive Plan

The government is considering restoring the merchant discount rate (MDR) on select high-value UPI transactions or introducing a tiered incentive…
ECLGS 5.0 crosses 4.11 lakh guarantees as MSMEs receive ₹1.55 lakh crore credit support
News

ECLGS 5.0 crosses 4.11 lakh guarantees as MSMEs receive ₹1.55 lakh crore credit support

The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 has issued 4,11,497 guarantees since its launch, with the guaranteed amount reaching…
Nayara Energy Cuts Petrol Price by Rs 5 and Diesel by Rs 3 as Crude Oil Prices Ease
Business

Nayara Energy Cuts Petrol Price by Rs 5 and Diesel by Rs 3 as Crude Oil Prices Ease

India’s largest private fuel retailer, Nayara Energy on Wednesday announced a petrol price cut of Rs 5 per litre and…
Finance Ministry Approves Rs 1.25 lakh crore outlay for ‘India Semiconductor Mission 2.0’
Technology

Finance Ministry Approves Rs 1.25 lakh crore outlay for ‘India Semiconductor Mission 2.0’

The Finance Ministry’s Expenditure Finance Committee (EFC) has approved an outlay of Rs 1.25 lakh crore for the India Semiconductor…
GST Appellate Tribunal Appeal Deadline Extended to July 31 by Government
News

GST Appellate Tribunal Appeal Deadline Extended to July 31 by Government

The Central Government has extended the GST Appellate Tribunal appeal deadline to July 31, offering relief to taxpayers and businesses…
Foreign firms to meet 4 essential conditions to qualify for tax holiday benefits
News

Foreign firms to meet 4 essential conditions to qualify for tax holiday benefits

As the Union Budget announced tax holiday for data and cloud centre companies, Finance Ministry sources on Wednesday clarified four…
Budget 2026: Finance Ministry reflects on significant announcements
News

Budget 2026: Finance Ministry reflects on significant announcements

As the government nears the presentation of the Union Budget 2026-27 on February 1, the Finance Ministry on Tuesday reflected…
GST reforms boost India’s consumption and demand: Finance Ministry
Business

GST reforms boost India’s consumption and demand: Finance Ministry

The rollout of GST 2.0 has started showing a positive impact on India’s economy, with stronger consumption trends, higher sales…
GST reforms boost India’s consumption and demand; growth outlook revised upward
Business

GST reforms boost India’s consumption and demand; growth outlook revised upward

The rollout of GST 2.0 has started showing a positive impact on India’s economy, with stronger consumption trends, higher sales…
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