Search For "finance ministry"
G20's first Infrastructure Working Group meeting to be held in Pune on Jan
Updated : 3 years, 2 months ago IST
G20's first Infrastructure Working Group (IWG) meeting under India's G20 Presidency is scheduled to be held on January 16-17 in Pune.
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Gross direct tax collections grow 24.58 pc to Rs 14.71 lakh crore in FY23
Updated : 3 years, 2 months ago IST
According to the statement from the finance ministry, the provisional figures of Direct Tax collections up to January 10, 2023, continue to register steady growth. After adjusting refunds, net direct tax collection was at Rs 12.31 lakh crore, which is 19 per cent higher than the previous yea
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Pakistan's economic woes unlikely to resolve unless it fosters sustainable
Updated : 3 years, 2 months ago IST
According to the economic outlook, Pakistan's overall fiscal deficit stood at 1.5 per cent of GDP during July-October 2022-23 as compared to 0.9 per cent of GDP last year. The Dawn report said the fiscal deterioration was because of higher expenditure growth on the back of higher markup paym
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Inflation to remain high, between 21-23%: PakIstan Finance Ministry
Updated : 3 years, 2 months ago IST
For FY23, economic growth is likely to remain below the budgeted target due to the devastation caused by the floods.
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Pakistan spent Rs 2.2 trillion on interest on debt, defence from July-Nove
Updated : 3 years, 3 months ago IST
In the July-November period of the current fiscal year, an 83 per cent rise was seen in the interest cost on the Rs 50 trillion federal government debt stock. And in which, Finance Ministry paid Rs 1.7 trillion in interest cost, up by Rs 763 billion, sources said.
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DRI seizes 25kg mephedrone drug from clandestine labs in Hyderabad, seven
Updated : 3 years, 3 months ago IST
The Directorate of Intelligence Revenue (DRI) officers have seized about 25 kg of stimulant drug Mephedrone worth about Rs 50 crore from two clandestine manufacturing labs in Hyderabad and arrested seven persons including the 'mastermind', the Finance Ministry said on Monday.
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Lack of tenable answers to the IMF may delay release of funds to Pakistan:
Updated : 3 years, 3 months ago IST
The IMF visit to Pakistan which was scheduled for October has been delayed amidst differences between Pakistan's commitment to the IMF on fiscal consolidation.
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Pakistan's economic condition likely to deteriorate: Report
Updated : 3 years, 3 months ago IST
Pakistan's economic crisis is likely to continue due to political instability, inconsistent government policies, and internal security issues.
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We value the G20 presidency of India, says G20 Deputy of France
Updated : 3 years, 3 months ago IST
The First G20 Finance and Central Bank Deputies Meeting, under the Indian Presidency, was held in Bengaluru, Karnataka, during December 13-14, Finance Ministry said in a press statement. The meeting saw an enthusiastic gathering of over 160 foreign delegates including Deputies from G20 membe
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I-T dept issues 66.92 pc higher refunds till November for FY23
Updated : 3 years, 3 months ago IST
According to the finance ministry, income tax department has sped up the issue of refunds till November in fiscal 2022-23 (FY2022-23) compared to the corresponding period in 2021. Refunds amounting to Rs 2.15 lakh crore were issued between April 1, 2022, and November 30, 2022.
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Talks on Finance Track agenda under Indian G20 Presidency to commence from
Updated : 3 years, 3 months ago IST
The G20 Finance Track, led by Finance Ministers and Central Bank Governors of G20 countries, focuses on economic and financial issues. It provides an effective forum for global economic discourse and policy coordination. The First Finance Ministers and Central Bank Governors Meeting will be
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Bengaluru will host first meeting of the G20 Finance Track under India's G
Updated : 3 years, 3 months ago IST
Bengaluru is all set to host the first meeting of the G20 Finance Track under India's G20 Presidency. First G20 Finance and Central Bank Deputies Meeting are scheduled to be held in Bengaluru on December 13-15 2022, said Ajay Seth, Secretary, Department of Economic Affairs, Ministry of Fi
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