Search For "ministry of finance"
Ministry of Finance debunks falsehoods: New tax regime clarified, no chang
Updated : 2 years, 3 months ago IST
Ministry of Finance posted, "Ministry of Finance posted on X, "It has come to notice that misleading information related to new tax regime is being spread on some social media platforms. It is therefore clarified that: There is no new change which is coming in from 01.04.2024....."
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Centre's tax devolution to states up by Rs 2.25 lakh crore in FY24
Updated : 2 years, 3 months ago IST
A total amounting to Rs 10.3 lakh crore has been transferred to state governments as devolution of share of taxes by central government, which is Rs 2.25 lakh crore higher than it had done the previous year, the Ministry of Finance said in a release on Thursday.
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Centre plans to borrow Rs 7.5 trillion from market in H1-2024-25
Updated : 2 years, 3 months ago IST
The central government plans to raise Rs 7.5 trillion through market borrowing in the first half of 2024-25 (April-September), an official release from finance ministry said on Wednesday.
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Gross Direct Tax collections for financial year 2023-24 register growth of
Updated : 2 years, 3 months ago IST
The provisional figures of Direct Tax collections for the financial year 2023-24 (as on March 17, 2024) show that net collections are at Rs. 18,90,259 crore, compared to Rs. 15,76,776 crore in the corresponding period of the preceding financial year 2022-23, representing an increase of 19.88
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Over Rs 27.75 lakh crore of loans disbursed under MUDRA loan scheme
Updated : 2 years, 3 months ago IST
The objective of Pradhan Mantri Mudra Yojana (PMMY) is to provide access to institutional finance to new or existing micro unit/ enterprise up to Rs. 10 lakh.
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Israel: New program expected to reduce home mortgage costs
Updated : 2 years, 3 months ago IST
The ministry called this "an important step aimed at removing barriers to the entry of additional players into the housing credit market."
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Government of India, ADB sign USD 23 million loan agreement to strengthen
Updated : 2 years, 3 months ago IST
The Government of India and the Asian Development Bank (ADB) today signed a $23 million loan agreement to enhance access to quality fintech education, research, and innovation at the Gujarat International Finance Tec-City (GIFT-City), Ministry of Finance said in a press release.
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Government of India, ADB join forces to enhance livability and mobility in
Updated : 2 years, 3 months ago IST
According to a press release by the Ministry of Finance, the agreement for the Ahmedabad Peri-urban Livability Improvement Project was formalized by Juhi Mukherjee, Joint Secretary, Department of Economic Affairs, Ministry of Finance for the Government of India, and Rajesh Vasudevan, Officer
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Public sector banks asked to reassess gold loan process amid debt risk con
Updated : 2 years, 3 months ago IST
The Ministry of Finance has written to public sector banks to reassess their gold loan procedures amid concerns over risky debt as gold prices surge, informed a senior official.
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Israel extends mandatory retirement age
Updated : 2 years, 3 months ago IST
The Pensions Administration at Israel's Ministry of Finance reported that the retirement age is now 67 and that an employees who lost a child can continue to work until the age of 71 without the employer being able to oblige them to retire.
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Israel sells USD 8 billion in new bonds, first issue since start of war
Updated : 2 years, 4 months ago IST
Israel's Ministry of Finance announced that the Accountant General, Yehli Rotenberg, completed a public issue of dollar bonds in the international markets Wednesday with a total volume of USD 8 billion. This was the first such issue since the start of the war against Hamas in Gaza began five
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Pakistan likely to hold crucial talks with IMF next week
Updated : 2 years, 4 months ago IST
The Pakistan ministry of Finance is expected to hold crucial talks with the International Monetary Fund (IMF) review mission of the USD 3 billion Standby Arrangement (SBA) programme, from next week, as reported by The News International.
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