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Hindi News Business India Fuel Duty Cut: Diesel, ATF Export Duty Slashed; Petrol Export Tax Hiked New Delhi53 minutes ago copy link After increasing the prices of petrol and diesel in the country by Rs 3 each, the Central Government on Friday has decided to impose a tax of Rs 3 on the export of…
Gross GST collection in March crossed Rs 2 lakh crore, increasing by 8.8% on an annual basis. This is a 10 month high. Whereas in March 2025 this figure was ₹ 1.83 lakh crore. At the same time, the government’s net GST collection in March increased by 8.2% on annual basis to Rs 1.78 lakh…
Prime Minister Narendra Modi will address the first Post Budget Webinar on “Technology, Reforms and Finance for Viksit Bharat” on February 27 at around 11:30 am via video conferencing. The webinar is expected to focus on the government’s plans to turn key Union Budget 2026-27 announcements into action, with discussions centred on public capital expenditure,…
In the budget, the prices of goods fluctuate slightly due to increase or decrease in import duty. Let us understand what became cheaper and what became expensive from this budget… 1. Cancer medicines became cheaper: Custom duty abolished on 17 life saving drugs. The government has removed the basic custom duty on 17 medicines used…
New Delhi2 hours ago copy link Union Finance Minister Nirmala Sitharaman participated in the traditional ‘Halwa Ceremony’ on Tuesday (January 27). The ceremony marks the final stage of preparations for Budget 2026-27. The budget will be presented in the Lok Sabha on February 1. The special thing is that this time the budget making team…
New Delhi: The government of India on Monday announced the sale (re-issue) of “6.48 per cent Government Security 2035” for a notified amount of Rs 32,000 crore through price-based auction using the multiple price method. The auction will be conducted by the Reserve Bank of India’s Mumbai Office on January 2. The Government will have…
New Delhi9 minutes ago copy link The Finance Ministry has issued a clarification that there is no proposal under consideration to merge DA (Dearness Allowance) and DR (Dearness Relief) into the basic pay. The ministry has given this clarification on the long standing demand of central employees and pensioners. This statement has come at a…
Last Updated:September 23, 2025, 11:10 is FinMin’s directive prohibits the use of public funds for Diwali or other festive occasions as part of efforts to strengthen fiscal discipline Gifts (Representational Image) The Centre has barred ministries, departments, and central public sector enterprises (CPSEs) from spending on festival gifts, The Economic Times reported. The Finance Ministry’s…
The Ministry of Finance will raise Rs 32,000 crore through the sale of two long-term government securities in an auction to be conducted by the Reserve Bank of India (RBI) on September 26 in Mumbai, according to an official statement. Two lots of Rs 16,000 crore each The first lot is the “6.68 per cent…
New Delhi: The Finance Ministry has issued a corrigendum to the Income Tax Bill, 2025, clarifying the interest applicable on short payment of advance tax. The amendment specifies a 3 per cent interest rate on such shortfalls, bringing the clause in line with provisions under the Income Tax Act, 1961. The amendment specifies a 3…