The Income Tax Department carried out a nationwide verification exercise on restaurants regarding turnovers, revealing a suppression of sales amounting to approximately Rs 408 crore. According to a Ministry of Finance press statement, the investigation targeted tax evasion patterns within th
Himachal Pradesh Public Works and Urban Development Minister, Vikramaditya Singh, on Monday informed that the Union Ministry of Finance has approved the extension for completion of pending works under PMGSY-I in the remote Dodra Kwar area of Shimla district up to 31 March 2027.
At a time of heightened global uncertainty and shifting economic dynamics, the Union Budget 2026-27 positions India's policy framework around stability, resilience and inclusive growth, according to monthly economic review by Department of Economic Affairs under Ministry of Finance.
Bangkok [Thailand], March 5: Thailand's Ministry of Finance, the Bank of Thailand, and the International Monetary Fund (IMF) today took stock of preparations for the 2026 Annual Meetings of the IMF and the World Bank Group, which Thailand will host from October 12-18, 2026 at the Queen Sirik
Jakarta [Indonesia], March 2: PT Sarana Multi Infrastruktur (Persero) ("PT SMI") celebrate its 17th anniversary on February 26, 2026. In nearly two decades, PT SMI has continued to strengthen its role as a Special Mission Vehicle (SMV) under the Ministry of Finance of the Republic of Indones
A Division Bench comprising Chief Justice DK Upadhyaya and Justice Tejas Karia issued notice to the Union of India through the Ministry of Finance, the Reserve Bank of India (RBI), and the National Payments Corporation of India (NPCI).
After preparation of DPR, sanctioning of the project requires consultation with various stake-holders including State Governments and necessary approvals, viz., appraisal of NITI Aayog, Ministry of Finance, etc. As sanctioning of projects is a continuous and dynamic process, exact timelin
India's 2026-27 Union Budget reinforces a "whole-of-country" approach to industrial development, with a strong emphasis on public-private collaboration in strategic sectors such as semiconductors, rail infrastructure and rare earths, V. Vualnam, Secretary, Department of Expenditure, Minis
A Division Bench comprising Justice Anil Kshetarpal and Justice Amit Mahajan held that contempt powers cannot be invoked to adjudicate disputes on merits or monetary claims once an order has been passed in compliance with judicial directions.
The Economic Survey document, prepared by the Economic Division of the Department of Economic Affairs in the Ministry of Finance and formulated under the supervision of the chief economic adviser, provides insights into the state of the economy and various indicators for 2025-26 (April-Ma