scorecardresearch
Monday, August 18, 2025
TopicFinance ministry

Topic: finance ministry

GST revenue collection drops below Rs 1 lakh crore in June after 8 months

Finance ministry said the GST revenue for June stood at Rs 92,849 crore, a 2% increase over the same month a year ago.

What is global minimum tax 130 countries agreed to be part of & why it’s important for India

ThePrint explains the fine print of global minimum tax, what is India’s stance on the issue, and what will its implementation mean.

Over 54,400 GST payers to get appreciation certificates from finance ministry

The beneficiaries were identified by the Central Board of Indirect Taxes and Customs 'for making a substantial contribution' in payment of GST in cash and timely filing of returns.

GST increased tax compliance, over 66 cr returns filed in 4 years, finance ministry says

With the GST completing four years on 1 July, the finance ministry asserted that the tax regime was both 'consumer and taxpayer-friendly'.

Nirmala Sitharaman announces new Covid recovery package, expands credit relief

Among other measures, Sitharaman also extended Rs 23,220 crore of funding for setting up paediatric care at hospitals and also waived visa fee for foreign tourists.

Finance ministry seeks details on Indians’ funds in Swiss banks from Switzerland authorities

The ministry said the Indian customer deposits in Swiss banks have fallen since 2019 and recent figures don't indicate the quantum of much-debated alleged black money held by Indians.

Growth will be hit in April quarter but impact will be less than first wave: Finance ministry

Earlier this week, RBI had also put out an optimistic statement saying the impact on economic activity from the Covid second wave will be minimal.

Selling defence land seen as only way to raise money for new modernisation fund

Draft cabinet note based on ministry’s comments is undergoing inter-ministerial consultations, but Department of Military Affairs had said selling land alone wouldn’t be enough.

Finance ministry is ‘insensitive’, allots less funds to cow mission, says panel of MPs

Standing Committee report says against proposed allocation of Rs 2,243.87 cr for 2021-22, animal husbandry department was given Rs 502.00 cr by finance ministry for Rashtriya Gokul Mission. 

Why Modi govt is expected to struggle to sell stakes in 2 listed insurance companies

New India Assurance and General Insurance Corporation were listed in 2017. SEBI norms mandate the govt to now raise public shareholding to 25% from the existing 15%.

On Camera

Postcards from Hyderabad—stories Europeans told about the city

For all their colonial underpinnings, postcards from Hyderabad also inadvertently preserve a trace of local memory: a glimpse of a street, a face, a forgotten name.

Navigating Trump’s tariffs is no child’s play. Indian toymakers are losing out on orders, enquiries

Indian toymakers are now exploring new markets, but they want govt to negotiate a trade deal with US soon, introduce incentives and subsidies to make the industry more competitive.

What is Project Sudarshan Chakra, announced by Modi from ramparts of Red Fort

The project is meant to be a ‘protective shield that will keep expanding’, the PM said. It is on the lines of the ‘Golden Dome’ announced by Trump, it is learnt.

War of IAF, PAF doctrines: As Pakistan obsesses over numbers, India embraces risk, wins

Now that both IAF and PAF have made formal claims of having shot down the other’s aircraft in the 87-hour war in May, we can ask a larger question: do such numbers really matter?