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Tag "finance ministry"

FM likely to try and pull fiscal deficit below 6% in 2023-24

FM likely to try and pull fiscal deficit below 6% in 2023-24

🕔17:22, 28.Jan 2023

New Delhi, Jan 28 (IANS) As Union Finance Minister Nirmala Sitharaman prepares to present the last full budget of the NDA government before the 2024 Lok Sabha elections, she may try to focus on fiscal consolidation and bringing the fiscal deficit

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FM participates in ‘Halwa’ ceremony to mark final stage of budget preparations

FM participates in ‘Halwa’ ceremony to mark final stage of budget preparations

🕔17:12, 26.Jan 2023

New Delhi, Jan 26 (IANS) Finance Minister Nirmala Sitharaman and two junior ministers Bhagwat Karad and Pankaj Chaudhary along with senior officials of the finance ministry as well as members of budget press on Thursday participated in the ‘Halwa’ ceremony, which

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Union Budget 2023 might be presented in new Parliament building

Union Budget 2023 might be presented in new Parliament building

🕔10:46, 20.Jan 2023

New Delhi, Jan 20 (IANS) During the upcoming budget session of the Parliament, Finance Minister Nirmala Sitharaman might present the Union Budget 2023-24 at the new Parliament building on February 1. Preparations for presenting this year’s Budget is going on in

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Direct tax collections rise 24% year-on-year to Rs 14.71 lakh crore

Direct tax collections rise 24% year-on-year to Rs 14.71 lakh crore

🕔05:30, 12.Jan 2023

New Delhi, Jan 12 (IANS) Direct tax collections stood at Rs 14.71 lakh crore till January 10, 24.58 per cent higher than the corresponding period of last year. Direct tax collection, net of refunds, stood at Rs 12.31 lakh crore which

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Govt announces auction of sovereign green bonds in two tranches

Govt announces auction of sovereign green bonds in two tranches

🕔07:22, 7.Jan 2023

New Delhi, Jan 7 (IANS) The government on Friday announced the auction of Rs 16,000 crore of sovereign green bonds (SGrBs) in two tranches. “As announced in the Union Budget 2022-23, the government of India, as part of its overall market

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Dec 2022 GST collections stand at Rs 1,49,507 crore: Govt

Dec 2022 GST collections stand at Rs 1,49,507 crore: Govt

🕔19:43, 1.Jan 2023

New Delhi, Jan 1 (IANS) The GST collections for December 2022 stood at Rs 1,49,507 crore — 2.5 per cent more than Rs 1,45,867 crore collected in November 2022, according to figures released by the Finance Ministry on Sunday. However, on

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Govt raised Rs 4,06,000 cr through dated securities in July-Sept: Debt management report

Govt raised Rs 4,06,000 cr through dated securities in July-Sept: Debt management report

🕔16:00, 27.Dec 2022

New Delhi, Dec 27 (IANS) The Government raised Rs 4,06,000 crore through dated securities as against notified amount of Rs 4,22,000 crore in the borrowing calendar, according to the quarterly report on debt management for July-September released by the finance ministry

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Despite global headwinds, Indian economy among fastest growing in the world: Finance Ministry

Despite global headwinds, Indian economy among fastest growing in the world: Finance Ministry

🕔07:06, 27.Dec 2022

New Delhi, Dec 27 (IANS) Despite global economy experiencing several challenges, including the Russia-Ukraine conflict, the slowdown in China, persistently high inflation and tightening financial conditions, India continues to be one of the fastest growing economies in the world, sources in

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Finance Minister Nirmala Sitharaman admitted to AIIMS

Finance Minister Nirmala Sitharaman admitted to AIIMS

🕔14:30, 26.Dec 2022

New Delhi, Dec 26 (IANS) Union Finance Minister Nirmala Sitharaman was admitted to the All India Institute of Medical Sciences (AIIMS) here on Monday, said a source. The Minister has been admitted into the private ward. However, more details are awaited.

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Government keeping watch on inflation: Sitharaman

Government keeping watch on inflation: Sitharaman

🕔07:16, 22.Dec 2022

New Delhi, Dec 21 (IANS) Finance Minister Nirmala Sitharaman on Wednesday said that the government is keeping an eye on price rise, which, she said, currently is “extraneous” due to prices of fuel and fertiliser. Responding to a discussion on Supplementary

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Sanjay Malhotra takes over as Revenue Secretary

Sanjay Malhotra takes over as Revenue Secretary

🕔18:18, 1.Dec 2022

New Delhi, Dec 1 (IANS) Senior IAS officer Sanjay Malhotra on Thursday took charge as Secretary in the Department of Revenue of the Finance Ministry. Prior to this assignment, Malhotra was Secretary in the Department of Financial Services. He is a

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Rationalising income tax, lowering Customs duties among suggestions to Centre

Rationalising income tax, lowering Customs duties among suggestions to Centre

🕔11:05, 29.Nov 2022

New Delhi, Nov 28 (IANS) Rationalisation of income tax, fiscal consolidation, lowering of Customs duties, developing a mechanism for green certification to help micro small and medium enterprises (MSMEs) and introduction of an urban employment guarantee programme to boost employment generation

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Trade unions seek hike in budget allocation for MGNREGA, higher tax on corporates

Trade unions seek hike in budget allocation for MGNREGA, higher tax on corporates

🕔06:33, 28.Nov 2022

New Delhi, Nov 28 (IANS) Trade unions have urged Finance Minister Nirmala Sitharaman to take measures in the forthcoming Union budget so that the economy can be revitalised. In a letter to her, 10 major unions have sought an increased budget

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Trade representatives seek greater support for export sector from Finance Minister

Trade representatives seek greater support for export sector from Finance Minister

🕔17:27, 24.Nov 2022

New Delhi, Nov 24 (IANS) Increase in personal tax exemption and deduction limits and greater support for the exports sector were some of the key demands which were made before Finance Minister Nirmala Sitharaman by the trade and service sector representatives,

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Farmers’ groups urge Finance Minister to allow global trading of carbon credits from farms

Farmers’ groups urge Finance Minister to allow global trading of carbon credits from farms

🕔20:30, 22.Nov 2022

New Delhi, Nov 22 (IANS) Farmers’ bodies and agro industry representatives on Tuesday urged Finance Minister Nirmala Sitharaman to allow voluntary carbon credits from farms to be traded globally to enable farmers to get highest value. These views were expressed by

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Finance Minister to begin pre-budget consultations from Monday

Finance Minister to begin pre-budget consultations from Monday

🕔06:26, 21.Nov 2022

New Delhi, Nov 21 (IANS) Finance Minister Nirmala Sitharaman will begin pre-budget consultations with different stakeholder groups from Monday. On Monday, she will hold consultations with the industry captains and experts on infrastructure and climate change in two groups. On November

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US Treasury Secretary Janet Yellen visiting India to bolster ties

US Treasury Secretary Janet Yellen visiting India to bolster ties

🕔11:19, 11.Nov 2022

New Delhi, Nov 11 (IANS) Finance Minister Nirmala Sitharaman and US Treasury Secretary Janet Yellen will lead the ninth meeting of India-US Economic Financial Partnership (EFP) on Friday. During the India-US EFP meeting, both sides will discuss issues of mutual interest

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SBI to issue electoral bonds through 29 branches between Nov 9-15

SBI to issue electoral bonds through 29 branches between Nov 9-15

🕔07:17, 8.Nov 2022

New Delhi, Nov 8 (IANS) The Finance Ministry has authorised the country’s largest lender State Bank of India (SBI) to issue and encash electoral bonds through its 29 authorised branches between November 9 and November 15. The bonds shall be valid

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Finance minister lauds state-owned banks for recording profits

Finance minister lauds state-owned banks for recording profits

🕔07:16, 8.Nov 2022

New Delhi, Nov 8 (IANS) Finance Minister Nirmala Sitharaman on Monday lauded all 12 public sector banks for recording combined net profits worth Rs 25,685 crore in the second quarter of the current fiscal. In a series of tweets, she said,

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Centre notifies scheme for funding PPP projects’ development

Centre notifies scheme for funding PPP projects’ development

🕔15:25, 4.Nov 2022

New Delhi, Nov 4 (IANS) The Finance Ministry has notified India Infrastructure Project Development Fund Scheme (IIPDF Scheme) for the financial support of project development expenses of public private partnership (PPP) projects. It was notified on Thursday. As a central sector

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