Search For "ministry of finance"
Steady increase in private gross fixed capital formation over last five ye
Updated : 1 year, 11 months ago IST
The minister's response provided a comprehensive overview of private capital expenditure (capex), corporate bond issuances, bank credit flows, and gross fixed capital formation (GFCF).
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51 lakh, or 7.5% more Indians filed income tax returns this year; 72% of t
Updated : 1 year, 11 months ago IST
The total number of ITRs for assessment year 2024-25 filed till July 31, 2024 is more than 7.28 crore, which is 7.5 per cent more than the total ITRs for assessement 2023-24 (6.77 crore) filed, a Ministry of Finance release stated on Friday. Out of the total ITRs of 7.28 crore filed, 5.27
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Centre receives 27.1 pc of total receipts budgeted for 2024-25 by June
Updated : 1 year, 11 months ago IST
The central government has received Rs 834,197 crore, amounting to 27.1 per cent of corresponding budget estimates of 2024-25 of total receipts, upto June, the Ministry of Finance said in a release.
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It's a bold and radical Budget: NITI VC Suman Bery
Updated : 1 year, 11 months ago IST
I would describe this budget as bold and radical, focusing on three key areas said Suman K Bery, Vice Chairman NITI Aayog in an exclusive interview with ANI.
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Land reforms and actions to be incentivized for completion within next 3 y
Updated : 1 year, 11 months ago IST
While presenting the Union Budget 2024-25 in Parliament on Tuesday, the Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman said land-related reforms and actions, both in rural and urban areas, will be incentivized for completion within the next three years through appropria
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Mudra loan limit enhanced to encourage good borrowers: Secretary, Financia
Updated : 1 year, 11 months ago IST
Vivek Joshi, Secretary to the Department of Financial Services, Ministry of Finance said in an interaction with ANI that the intention of the extension is to incentivize those to were quick in repaying the earliar loans.
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Fiscal consolidation being done meeting all priority expenditure: Secretar
Updated : 1 year, 11 months ago IST
Ajay Seth, Secretary at Department of Economic Affairs under Ministry of Finance said fiscal consolidation by way of gliding down on fiscal deficit path is being done while meeting all essential expenditure.
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Industry leaders hail Union Budget as roadmap of Viksit Bharat
Updated : 1 year, 11 months ago IST
The industry leaders said that the continued capital expenditure-led growth, like spending on infrastructure, and housing will spur growth. The industry leaders further added that the budget also provides some degree of demand stimulus by giving certain tax reliefs, particularly the middle c
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Startups laud Budget announcement for abolishing angel tax, a long-pending
Updated : 1 year, 11 months ago IST
The abolition of the angel tax has brought relief to startups amidst the persistent funding winter.
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Union Budget 2024-25 focuses on jobs, MSMEs, agriculture sector and startu
Updated : 1 year, 11 months ago IST
According to a press release by the Ministry of Finance, India's inflation remains low and stable, progressing towards the 4 per cent target, with core inflation (excluding food and fuel) at 3.1 per cent. Measures are being taken to ensure adequate market supply of perishable goods.
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Finance Minister Nirmala Sitharaman reaches Ministry ahead of Union Budget
Updated : 1 year, 11 months ago IST
Minister Sitharaman is set to present the Union Budget 2024 in Parliament today, marking her seventh consecutive budget and eclipsing the late Moraji Desai's record of six consecutive budgets, which is likely to focus on changes in the income tax structure and improving the ease of doing
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Healthcare has become increasingly affordable, accessible in recent years:
Updated : 1 year, 11 months ago IST
According to a press release by the Ministry of Finance, the Survey indicates that the latest National Health Accounts (NHA) estimates for FY20 reveal an increase in both the share of Government Health Expenditure (GHE) in the total GDP and the share of GHE in Total Health Expenditure (THE).
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