Finance Ministry

New Delhi: As a result of the initiatives taken by the Government, there has been a paradigm shift in digital transactions in India. This was stated by Union Minister of State for Finance Dr Bhagwat Kisanrao Karad in a written reply to a…

New Delhi: The Finance Ministry on Wednesday said that India and the US have agreed to a transitional approach on equalisation levy or digital tax on e-commerce supplies beginning April 1. India and United States have agreed that the…

Mumbai: In a bid to provide relief to families of bank employees, the Government has approved the Indian Banks' Association’s (IBA) proposal to increase the family pension to 30% of the last salary drawn. This move would make family…

New Delhi: Union Minister of State for Finance Pankaj Chaudhary in a written reply to a question in the Rajya Sabha Tuesday said that the Government is taking various measures to ease out liquidity and steep increase in commodity prices and…

New Delhi: Sources close to Finance Ministry said that the government is considering reducing excise duties on petrol and diesel to  bring down the prices. Taxes and duties account for nearly 60 per cent of the retail price of petrol and…