Search For "the ministry of finance"
Centre releases Rs 1.16 lakh crore as tax devolution to states
Updated : 3 years, 7 months ago IST
New Delhi [India], August 10 (ANI): The central government on Wednesday released two instalments of tax devolution to states amounting to Rs 1,16,665.75 crore as against the normal monthly devolution of Rs.58,332.86 crore, the Ministry of Finance said.
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DRI cracks down on illicit manufacturing; seizes drugs worth Rs 245 crore
Updated : 3 years, 7 months ago IST
New Delhi [India], August 3 (ANI): The Directorate of Revenue Intelligence (DRI) has seized drugs worth Rs 245 crore in crackdowns on illicit manufacturing of drugs including at a clandestine factory in Yamunanagar, Haryana, the Ministry of Finance said on Wednesday.
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CBDT observes 163rd anniversary of Income Tax
Updated : 3 years, 8 months ago IST
New Delhi [India], July 24 (ANI): The 163rd anniversary of Income Tax Day was observed by the Central Board of Direct Taxes (CBDT) and all its field offices across India on Sunday, the Ministry of Finance said.
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Notes in circulation in India increased 5 pc in 2021-22
Updated : 3 years, 8 months ago IST
New Delhi [India], July 18 (ANI): The volume of notes in circulation in India increased by nearly five per cent, making it 1,30,533 in million pieces during the financial year 2021-22, said the Minister of State in the Ministry of Finance, Pankaj Chaudhary in a written reply to Lok Sabha.
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Income Tax Dept conducts searches on premises of hospitality group
Updated : 3 years, 8 months ago IST
New Delhi [India], July 15 (ANI): Income Tax Department carried out a search operation on 18 premises across Delhi, Mumbai and Daman of a hospitality group also engaged in other businesses, said the Ministry of Finance on Friday.
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India's services sector saw recovery on improved demand: Finance Ministry
Updated : 3 years, 8 months ago IST
New Delhi [India], July 15 (ANI): India's services sector has witnessed a broad-based recovery in sales revenues in both nominal and real terms during the January-March 2022 quarter 2022, the Ministry of Finance said in its latest Monthly Economic Review report.
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India's current account deficit expected to deteriorate in FY23: Finance M
Updated : 3 years, 8 months ago IST
New Delhi [India], July 15 (ANI): India's current account deficit, meaning a shortfall between the imports and exports, is expected to deteriorate in 2022-23 if recession concerns do not lead to a sustained and meaningful reduction in the prices of food and energy commodities, the Ministry o
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Government issues SOP for e-commerce exports of jewellery through courier
Updated : 3 years, 8 months ago IST
New Delhi [India], July 14 (ANI): The Central Board of Indirect Taxes and Customs (CBIC) has issued a standard operating procedure (SOP) for e-commerce exports of jewellery through courier mode, the Ministry of Finance said on Thursday.
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Cyprus inflation hits 40-year record in June
Updated : 3 years, 8 months ago IST
Nicosia [Cyprus], July 7 (ANI/Xinhua): The annual inflation rate in Cyprus stood at 9.6 per cent in June, the highest level in nearly 41 years, the Statistical Service (Cystat) of the Ministry of Finance said here on Thursday.
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Wingsure partners with AICIL to provide Curated Insurance Products and Dig
Updated : 3 years, 8 months ago IST
New Delhi [India], July 7 (ANI/PRNewswire): Agriculture Insurance Company of India Limited (AICIL), a nationalised insurance company under the Ministry of Finance, Government of India, has signed a three-year agreement with Wingsure, an insurtech company that leverages artificial intelligenc
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CCI approves acquisition of Citrix Systems by Vista and Elliott managed fu
Updated : 3 years, 8 months ago IST
New Delhi [India], July 5 (ANI): The Competition Commission of India (CCI) has approved the acquisition of Citrix Systems Inc (Citrix) by funds managed by Vista Equity Partners Management (Vista) and funds and investment vehicles managed by Elliott Investment Management (Elliott), the Minist
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Tata Steel acquires strategic stake in Neelachal Ispat Nigam for Rs 12,100
Updated : 3 years, 8 months ago IST
New Delhi [India], July 4 (ANI): Tata Steel Long Products Limited, a unit of Tata Steel, has acquired a strategic stake in Odisha-based Neelachal Ispat Nigam Limited (NINL) for Rs 12,100 crore, the Ministry of Finance said on Monday.
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