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Indian Government to Offer Up to $5 Billion in Incentives for Electronics Production, Weaning Off China
India will offer up to $5 billion in incentives to companies to make components locally for gadgets from mobiles to laptops, two government officials said, in a bid to bolster the burgeoning industry and wean off supplies from China.
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Prabowo Subianto Takes Oath As Indonesia President, Swears In New Cabinet
Prabowo Subianto's cabinet has 48 ministries with over 100 ministers and deputies, including re-appointments of Sri Mulyani Indrawati as finance minister and Bahlil Lahadalia as energy minister.
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LGBTQ Persons Can Open Joint Bank Account: Finance Ministry
The finance ministry on Thursday said there are no restrictions for persons of the LGBTQ community to open a joint bank account and to nominate a person in a queer relationship as a nominee.
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I&B Ministry Asks Finance Ministry To Exempt Digital News Subscriptions From GST
The Information & Broadcasting (I&B) Ministry has urged the Ministry of Finance to either exempt the GST on digital news subscriptions or reduce it to five per cent.
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Finance Ministry Exempts Aadhaar Body UIDAI From Payment Of Income Tax
The finance ministry has exempted the income of Unique Identification Authority of India (UIDAI) from payment of income tax for five years till fiscal 2027-28.
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"Debt Must Be Reduced Without Affecting Growth": Nirmala Sitharaman On Fiscal Deficit
For a growing economy to meet its needs and aspirations, borrowing is a must, but the focus of the finance ministry under her is to ensure that debt is reduced without affecting growth, Nirmala Sitharaman has told NDTV.
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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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Budget 2024: A Look At Nirmala Sitharaman's Budget Day Attire Through The Years
Dressed in a white silk saree with a purple and gold border, Finance Minister Nirmala Sitharaman walked out of the Finance Ministry with the "bahi-khata" tablet in her hand containing Union Budget 2024-25 on Tuesday.
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Finance Minister Nirmala Sitharaman Presents Economic Survey In Lok Sabha: Updates
The Monsoon Session of the Parliament commenced today amid issues ranging from the NEET paper leak case to railway safety.
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Watch: Nirmala Sitharaman Takes Part In Pre-Budget 'Halwa' Ceremony
The traditional 'halwa' ceremony, marking the final stage of the preparation process for Union Budget 2024, was held this evening at the Union Finance Ministry headquarters at North Block in Delhi.
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IRS Officer Makes History, Gets Name And Gender Changed In Official Records
In a historic decision, the Ministry of Finance has allowed the request of a senior Indian Revenue Service (IRS) officer to change her name and gender in all official records. This is the first time this has happened in the Indian civil services.
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Union Budget 2024: Significance Of The Halwa Ceremony Week
The Halwa Ceremony is a customary event held about a week before the budget presentation at the Ministry of Finance’s basement in North Block, New Delhi.
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Israel Okays New Payment Of Over $140 Million To Palestinian Authority
Israel has approved a new payment of more than $140 million to the Palestinian Authority after announcing it had also unblocked some funds frozen because of the Gaza war, a finance ministry spokesperson told AFP on Thursday.
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Turkey Removed From Money Laundering Grey List
The global financial crime watchdog Financial Action Task Force (FATF) had removed Turkey from its "grey list" of countries that require special scrutiny, the country's Finance and Treasury Ministry said.
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India, US Extend Digital Tax On E-Commerce Supplies Till June 30
India and the US have decided to extend a 2 per cent equalisation levy or digital tax on e-commerce supplies until June 30, the finance ministry said on Friday.
-
Indian Government to Offer Up to $5 Billion in Incentives for Electronics Production, Weaning Off China
India will offer up to $5 billion in incentives to companies to make components locally for gadgets from mobiles to laptops, two government officials said, in a bid to bolster the burgeoning industry and wean off supplies from China.
-
Prabowo Subianto Takes Oath As Indonesia President, Swears In New Cabinet
Prabowo Subianto's cabinet has 48 ministries with over 100 ministers and deputies, including re-appointments of Sri Mulyani Indrawati as finance minister and Bahlil Lahadalia as energy minister.
-
LGBTQ Persons Can Open Joint Bank Account: Finance Ministry
The finance ministry on Thursday said there are no restrictions for persons of the LGBTQ community to open a joint bank account and to nominate a person in a queer relationship as a nominee.
-
I&B Ministry Asks Finance Ministry To Exempt Digital News Subscriptions From GST
The Information & Broadcasting (I&B) Ministry has urged the Ministry of Finance to either exempt the GST on digital news subscriptions or reduce it to five per cent.
-
Finance Ministry Exempts Aadhaar Body UIDAI From Payment Of Income Tax
The finance ministry has exempted the income of Unique Identification Authority of India (UIDAI) from payment of income tax for five years till fiscal 2027-28.
-
"Debt Must Be Reduced Without Affecting Growth": Nirmala Sitharaman On Fiscal Deficit
For a growing economy to meet its needs and aspirations, borrowing is a must, but the focus of the finance ministry under her is to ensure that debt is reduced without affecting growth, Nirmala Sitharaman has told NDTV.
-
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.
-
Budget 2024: A Look At Nirmala Sitharaman's Budget Day Attire Through The Years
Dressed in a white silk saree with a purple and gold border, Finance Minister Nirmala Sitharaman walked out of the Finance Ministry with the "bahi-khata" tablet in her hand containing Union Budget 2024-25 on Tuesday.
-
Finance Minister Nirmala Sitharaman Presents Economic Survey In Lok Sabha: Updates
The Monsoon Session of the Parliament commenced today amid issues ranging from the NEET paper leak case to railway safety.
-
Watch: Nirmala Sitharaman Takes Part In Pre-Budget 'Halwa' Ceremony
The traditional 'halwa' ceremony, marking the final stage of the preparation process for Union Budget 2024, was held this evening at the Union Finance Ministry headquarters at North Block in Delhi.
-
IRS Officer Makes History, Gets Name And Gender Changed In Official Records
In a historic decision, the Ministry of Finance has allowed the request of a senior Indian Revenue Service (IRS) officer to change her name and gender in all official records. This is the first time this has happened in the Indian civil services.
-
Union Budget 2024: Significance Of The Halwa Ceremony Week
The Halwa Ceremony is a customary event held about a week before the budget presentation at the Ministry of Finance’s basement in North Block, New Delhi.
-
Israel Okays New Payment Of Over $140 Million To Palestinian Authority
Israel has approved a new payment of more than $140 million to the Palestinian Authority after announcing it had also unblocked some funds frozen because of the Gaza war, a finance ministry spokesperson told AFP on Thursday.
-
Turkey Removed From Money Laundering Grey List
The global financial crime watchdog Financial Action Task Force (FATF) had removed Turkey from its "grey list" of countries that require special scrutiny, the country's Finance and Treasury Ministry said.
-
India, US Extend Digital Tax On E-Commerce Supplies Till June 30
India and the US have decided to extend a 2 per cent equalisation levy or digital tax on e-commerce supplies until June 30, the finance ministry said on Friday.
