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Centre's Covid-Era Response Strategy To Shield Sectors Hit By War: Sources
Iran War Impact: MSMEs are seen as the most exposed. They are highly sensitive to interest rates and demand disruptions.
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Nirmala Sitharaman, Finance Ministry Officials To Brainstorm Ideas In Hampi
Over 150 officials from the Finance Ministry led by Nirmala Sitharaman will visit Karnataka's Hampi for two days beginning tomorrow to brainstorm India's economic agenda, sources said.
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Government's Big Move To Check Inflated Hospital Bills Due To Insurers: Report
India plans to bring an existing health insurance claims portal under the finance ministry and insurance regulator to curb overcharging by healthcare providers, a government source told Reuters.
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China Rolls Over $3.4 Billion Of Commercial Loans To Pakistan: Report
China has rolled over $3.4 billion in loans to Islamabad, which together with other recent commercial and multilateral lending will boost Pakistan's foreign exchange reserves to $14 billion, a finance ministry source said.
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Scenarios Where New Long-Term Capital Gains Tax Structure Is Beneficial
One of the benefits of simplification of any tax structure is that it removes differential rates for various classes of assets, Finance Ministry sources said, responding to feedback from the public on the changes in LTCG tax.
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Ministry's Clarification On Tax On Overseas Spending Through Credit Cards
The government on Friday said no TCS will be levied on international spending of up to Rs 7 lakh a year by using debit or credit cards.
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Japan Said to Step Up Efforts in Issuing Digital Yen With Creation of New Panel, Start of Pilot Programme
Japan is stepping up efforts toward issuing a digital yen with the creation of a government advisory panel and the launch of a pilot programme, joining a growing number of countries exploring a central bank digital currency (CBDC). The finance ministry is said to set up a panel of experts as early as April to discuss the feasibility of issuing a di...
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Rupee At All-Time Low, Finance Ministry Sources Say Not Due To Economy
Despite the decision to extend the free ration scheme for the seventh time, the fiscal deficit will still meet the budget target of 6.4 per cent of the GDP for this year, a Finance Ministry official added.
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Russia To Spend $600 Billion On Defence And Security By 2025: Report
Russia is planning to spend a total of 34 trillion roubles ($600 billion) on national defence, security and law enforcement between 2022 and 2025 under its latest expenditure plan, a source familiar with finance ministry calculations told Reuters.
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Huawei Said to Be Accused of Tax Evasion in India
An Indian tax investigation on China's Huawei has found that the telecom equipment maker manipulated account books to reduce its taxable income in the country, an Indian government source said.
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Centre's Covid-Era Response Strategy To Shield Sectors Hit By War: Sources
Iran War Impact: MSMEs are seen as the most exposed. They are highly sensitive to interest rates and demand disruptions.
-
Nirmala Sitharaman, Finance Ministry Officials To Brainstorm Ideas In Hampi
Over 150 officials from the Finance Ministry led by Nirmala Sitharaman will visit Karnataka's Hampi for two days beginning tomorrow to brainstorm India's economic agenda, sources said.
-
Government's Big Move To Check Inflated Hospital Bills Due To Insurers: Report
India plans to bring an existing health insurance claims portal under the finance ministry and insurance regulator to curb overcharging by healthcare providers, a government source told Reuters.
-
China Rolls Over $3.4 Billion Of Commercial Loans To Pakistan: Report
China has rolled over $3.4 billion in loans to Islamabad, which together with other recent commercial and multilateral lending will boost Pakistan's foreign exchange reserves to $14 billion, a finance ministry source said.
-
Scenarios Where New Long-Term Capital Gains Tax Structure Is Beneficial
One of the benefits of simplification of any tax structure is that it removes differential rates for various classes of assets, Finance Ministry sources said, responding to feedback from the public on the changes in LTCG tax.
-
Ministry's Clarification On Tax On Overseas Spending Through Credit Cards
The government on Friday said no TCS will be levied on international spending of up to Rs 7 lakh a year by using debit or credit cards.
-
Japan Said to Step Up Efforts in Issuing Digital Yen With Creation of New Panel, Start of Pilot Programme
Japan is stepping up efforts toward issuing a digital yen with the creation of a government advisory panel and the launch of a pilot programme, joining a growing number of countries exploring a central bank digital currency (CBDC). The finance ministry is said to set up a panel of experts as early as April to discuss the feasibility of issuing a di...
-
Rupee At All-Time Low, Finance Ministry Sources Say Not Due To Economy
Despite the decision to extend the free ration scheme for the seventh time, the fiscal deficit will still meet the budget target of 6.4 per cent of the GDP for this year, a Finance Ministry official added.
-
Russia To Spend $600 Billion On Defence And Security By 2025: Report
Russia is planning to spend a total of 34 trillion roubles ($600 billion) on national defence, security and law enforcement between 2022 and 2025 under its latest expenditure plan, a source familiar with finance ministry calculations told Reuters.
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Huawei Said to Be Accused of Tax Evasion in India
An Indian tax investigation on China's Huawei has found that the telecom equipment maker manipulated account books to reduce its taxable income in the country, an Indian government source said.
