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Topic result for finance-ministry

The Entire Team Has To Work Together: CJI Ramana
Finance Ministry to challenge Ex-CJI Ramana's verdict on Benami Property Act

The amendment was predominantly an anti-black money measure under which any transaction which is Benami was illegal and the property could be confiscated.

Finance Ministry
Govt releases revenue deficit grant instalment to 14 states

The recommended grant is released by the Department of Expenditure in 12 equated monthly instalments.

Rupees
Rs 1.62 lakh cr likely to be monetised in current FY 2022-23 under NMP: Finance Ministry

During FY 21-22, transactions with an aggregate monetisation value of about Rs 97,000 crore in terms of accruals or private investments were completed under the National Monetisation Pipeline (NMP).

Odishas state GST collection up 45% in June
GST collection in July second highest ever

For five months in a row, the monthly GST revenues have been more than Rs 1.4 lakh crore

4 arrested over Rs 124 Crore GST Evasion in Odisha
GST collections up 56 pc to Rs 1.44 lakh cr in June

Goods and Services Tax (GST) collections in June, 2021 stood at Rs 92,800 crore.

Seven states among top achievers, Odisha in achiever category in 'ease of doing business' ranking
Seven states among top achievers, Odisha in achiever category in 'ease of doing business' ranking

Himachal Pradesh, Madhya Pradesh, Maharashtra, Odisha, Uttarakhand and Uttar Pradesh have been categorised as Achievers in the ranking.

GST
GST collection touches all-time high in April at Rs 1.68 lakh cr

The gross GST collection has crossed the Rs 1.5 lakh crore-mark for the first time in April 2022 and Rs 1 lakh crore-mark for the 10th month in a row.

FM assures investors of addressing pain points to encourage investments
FM assures investors of addressing pain points to encourage investments

Addressing a roundtable on 'Investing in India's Digital Revolution' in San Francisco, the minister encouraged constant engagement with investors to understand and address their concerns.

GST Collection At All-Time High Of Rs 1.42 Lakh Crore In March
GST Collection At All-Time High Of Rs 1.42 Lakh Crore In March

The revenues for March 2022 are 15 per cent higher than the GST revenues in the same month last year.

Govt To Borrow Rs 8.45 Lakh Crore From Market During April-September Period
Govt To Borrow Rs 8.45 Lakh Crore From Market During April-September Period

Weekly borrowing under treasury bills in the first quarter of 2022-23 is expected to be Rs 33,000-34,000 crore, with net borrowing of Rs 2.40 lakh crore during the quarter.

Dept Of Sports Requests Finance Ministry To Fix GST Rates For Sports Goods At 5%
Dept Of Sports Requests Finance Ministry To Fix GST Rates For Sports Goods At 5%

Pramanik was replying to a question on whether GST on sports equipment is very high and if so, the steps being taken to reduce it under the Fit India initiative

GST
GST Collection Up 18% At Over Rs 1.33 Lakh Cr In Feb

The revenues for February 2022 are 18 per cent higher than the GST revenues in the same month last year and 26 per cent higher than the GST revenues in February 2020.

India Economy To Grow At Quickest Pace Among Large Nations: Finmin Report
India Economy To Grow At Quickest Pace Among Large Nations: Finmin Report

Observing that the IMF in its January 2022 update has lowered its global growth estimate for 2022, it said India is yet the only large and major country listed by the IMF whose growth projection has been revised upwards in 2022-23.

India's Covid Vax Campaign
India's Covid Vax Campaign, Teeming Festivities Lend Renewed Optimism To Economic Recovery: FinMin

Armed with necessary macro and micro growth drivers, the stage is set for India's investment cycle to kickstart and catalyse its recovery towards becoming the fastest growing economy in the world.

India's Sep Wholesale Price Inflation Eases To 10.66%
India's Sep Wholesale Price Inflation Eases To 10.66%

"The high rate of inflation in September 2021 is primarily due to rise in prices of mineral oils, basic metals, non-food articles, food products, crude petroleum and natural gas, chemicals and chemical products etc, as compared to the corresponding month of the previous year," the ministry said

Finance Ministry Releases Rs 9,871 Cr Grant To 17 States
Finance Ministry Releases Rs 9,871 Cr Grant To 17 States

The states which will receive money from the grant as recommended by the 15th Finance Commission are Andhra Pradesh, Assam, Haryana, Himachal Pradesh, Karnataka, Kerala, Manipur, Meghalaya, Mizoram, Nagaland, Punjab, Rajasthan, Sikkim, Tamil Nadu, Tripura, Uttarakhand and West Bengal.

National Pension System
National Pension System: Here's How You Can Get Rs 1 Crore On Retirement

Want to be a Crorepati by the time you retire? Well, if you have any such plan, then National Pension System (NPS) is something you should not miss out on.

FinMin
FinMin Gives Nod To 11 States To Borrow Additional Rs 15,721 Cr

These states are Andhra Pradesh, Bihar, Chhattisgarh, Haryana, Kerala, Madhya Pradesh, Manipur, Meghalaya, Nagaland, Rajasthan and Uttarakhand.

Public Sector Banks
Pension Of Bank Employees To Go Up, Employers’ Contribution Also Hiked From 10 To 14%

The Central government has given a much-needed relief to families of bank employees. Recently, the Finance Ministry approved a proposal of Indian Banks' Association (IBA) to increase the family pension to 30 per cent of last drawn salary.

GST Revenue Collection Crosses Rs 1 Lakh Cr In Oct
GST Revenue Collection For July At Over Rs 1.16 Lakh Cr

The government has settled Rs 28,087 crore to CGST and Rs 24,100 crore to SGST from IGST as regular settlement. The total revenue of Centre and the states after regular settlement in the month of July 2021 was Rs 50,284 crore for CGST and Rs 52,641 crore for the SGST.