According to the Ministry of Finance, coal previously attracted a 5 per cent GST, along with a Compensation Cess of Rs 400/ton, prior to the rate rationalisation.
The Ministry of Electronics and Information Technology (MeitY) has begun work on the next phase of India's semiconductor programme, Semicon 2.0, and is currently holding discussions with the Ministry of Finance and other stakeholders to finalise its contours
The immediate impact of the recently imposed US tariffs on Indian exports may appear limited, but the secondary and tertiary effects on the economy pose significant challenges that must be addressed, highlighted a report by the Department of Economic Affairs under the Ministry of Finance.
The Ministry of Electronics and Information Technology (MeitY) has begun work on the next phase of India's semiconductor programme, Semicon 2.0, and is currently holding discussions with the Ministry of Finance and other stakeholders to finalise its contours.
The sanction has been issued by the Ministry of Finance's "Just-in-Time" fund release mechanism through the Single Nodal Agency (SNA) SPARSH model for Centrally Sponsored Schemes (CSS).
The Directorate of Revenue Intelligence (DRI) has busted a sophisticated, well-orchestrated customs fraud in imports of premium luxury furniture, said a statement from the Ministry of Finance on Tuesday.
The UAE, represented by the Ministry of Finance and the Central Bank of the UAE, is participating in the 3rd meeting of G20 Finance Ministers and Central Bank Governors (FMCBG), held under the presidency of South Africa for the year 2025.
New Delhi [India], July 1: India has officially taken a significant step forward in modernising travel documentation with the rollout of chip-based ePassports, a landmark initiative supported by Colorplast Systems Pvt. Ltd. in collaboration with the Ministry of Finance and the Ministry of Ex
The central government has kept the interest rates unchanged on various small savings schemes for the July-September quarter, according to an official notification from the Ministry of Finance.
According to the Ministry of Finance, as part of her visit to Seville, Spain, the Union Finance Minister will attend the 4th International Conference on Financing for Development (FFD4) organised by the United Nations, and deliver a statement on behalf of India.
India's private consumption has shown strong growth, reaching the highest share in the country's GDP in the past two decades, according to the latest monthly report released by the Ministry of Finance.
The positive trajectory in the Indian economy appears to be continuing in 2025-26, with initial high-frequency indicators suggesting that economic activity has remained resilient, according to the Ministry of Finance's monthly report, released on Friday.