Finance Ministry

Budget 2022: How Union Budget Growth Is Shrinking

The Union Budget for the financial year 2022-23 will be presented on February 1, 2022, before which the Finance Ministry may release its Economic Survey.…

Sitharaman’s Subsidy Challenge in Budget 2022

After the Central Government repealed the 3 Farm Laws in the face of a determined farmers community, the challenge is before the Finance Ministry to…

Budget 2022 Countdown: Economic Survey 2021 Way Off GDP Numbers

India’s Union Budget will be presented on February 1 and before that the Finance Ministry will present its Economic Survey to articulate the state of…

Indian PSUs Market Cap Down To 6.19%, Amidst Rampant Privatization

Today, the Finance Ministry will release an additional list of public companies to be disinvested. Rapid privatization has deepened existing inequalities and has enriched individual…

With Coffers Empty, How Will Centre Pay Rs 1.5 Lakh Crore GST Dues To States?

India’s largest bank the State Bank of India (SBI) estimated in a report that the country's economy has lost Rs 38 lakh crore in the…

Gross NPAs Of 18 Banks Cross Rs 4.6 Lakh Crore; Borrowers Struggle To Pay EMIs

Gross Non-performing Assets (NPAs) of 18 banks crossed Rs 4.60 lakh crore at the end of March 2020, the Finance Ministry said in response to…

Why 3% Tax on Gold But 18% Tax on Hand Sanitiser?

The world is fighting a war against the novel coronavirus. In addition to physical distancing, washing hands repeatedly has been said to be the most…

In FY20, India Faces First Fall In Direct taxes In At Least Two Decades: Report

The slowdown in the country is now deepening. According to the reports, in the year 2019-2020, the direct tax means that the tax on income…

Govt Behind Rs 3 Lakh Cr Of Its GST Target

According to the latest figures of the Finance Ministry, Goods and Services Tax (GST) collection was more than Rs 1 lakh crore in the month…

50% Increase in Banking Frauds In India

New figures presented in Parliament reveal that there has been a 50% increase in frauds related to ATMs, netbanking, debit cards and credit cards in…