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Thursday, November 6, 2025
TopicFinance ministry

Topic: finance ministry

GST revenue collection at Rs 1.04 lakh crore in November, says finance ministry

The collection in November 2020 is 1.4% higher than in November 2019, when the GST mop-up was Rs 1,03,491 crore.

PM Modi to chair virtual global investor roundtable on 5 November

The roundtable will focus on discussions around India’s economic & investment outlook, and the government’s vision for the path to a $5 trillion economy, the PMO said.

Bank of Baroda withdraws order reducing free cash transactions due to ‘Covid situation’

Finance ministry says other PSBs have also intimated that they do not propose to raise bank charges in the near future 'in view of the Covid pandemic’.

Govt extends deadline for filing income tax return till 31 December

Earlier in May, the govt had extended the date for filing ITR for FY2019-20 from 31 July to 30 November to give compliance relief to taxpayers.

States won’t move court over GST compensation, but want higher payout

The softened stance comes after the Centre agreed to borrow up to Rs 1.1 lakh crore to meet part of the GST compensation shortfall.

Centre to borrow up to Rs 1.1 lakh crore on behalf of states to bridge GST shortfall

The Finance Ministry says the amount borrowed will be passed on to the States as a back-to-back loan in lieu of GST Compensation Cess releases.

Govt open to announcing more measures to boost demand, finance ministry says

Govt has been stressing on the need for a fiscally prudent approach at a time when economists have suggested the Centre should increase spending to revive the economy.

No power at Finance Ministry & what may happen if Amit Shah’s post-poll ‘conscience’ awakens

The best cartoons of the day, chosen by the editors at ThePrint.

India may have crossed Covid peak, stage set for economic recovery, says finance ministry

In its economic outlook for September, finance ministry claims economic recovery may have gained momentum on account of govt’s economic package as well as Unlock. 

GST collections rise by 4% to Rs 95,480 crore in September

The tax collections from import of goods and domestic transaction were 102% and 105% respectively, of the revenues during the same month last year.

On Camera

Why Supreme Court’s AGR relief for Vodafone Idea can trigger questions of fair play in telecom

Uniformity of rules should be the playbook across sectors. Different rules, whether for telecom players, retail entities or online businesses, would invariably trigger the level-playing questions.

What does NCLAT order mean for data-sharing ban, penalty imposed by CCI on Meta & WhatsApp

On 4 November 2025, NCLAT bench, comprising Chairperson Justice Ashok Bhushan and Member Arun Baroka, noted that WhatsApp and Meta are distinct legal entities.

‘Let them see’: Putin says new nuclear-powered missiles in the making, in message to Washington

At a ceremony felicitating Russian military engineers, Putin highlights Moscow’s 'parity' in defence technologies for the next century.

Trump’s trade wars have rewritten powerplay, but India didn’t get the memo

This world is being restructured and redrawn by one man, and what’s his power? It’s not his formidable military. It’s trade. With China, it turned on him.