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  Central debt increased by 174% between 2013-14 and 2022-23, external debt by 100%: Finance Ministry

  Business | August 14, 2023 8:29 IST

  The government's external debt, which was 374,484 crore in 2013–14, will increase by 100% to 7,48,895 crore in 2022–23.

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  Direct tax collections rise almost 16 per cent to Rs 6.53 lakh crore so far in current fiscal: CBDT

  Business | August 11, 2023 17:42 IST

  The collection is 32.03 per cent of the total budget estimates of direct taxes for the current fiscal 2023-24.

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  Union finance ministry launches 'Vivad se Vishwas scheme' to settle pending contractual disputes

  Business | August 02, 2023 23:45 IST

  Under the "Vivad se Vishwas" scheme, the contractors will have time till October 31 to submit their claims.

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  FACT CHECK: Finance ministry to grant Rs 3,00,000 loan under PM Mudra Yojana scheme?

  Fact Check | July 27, 2023 17:35 IST

  A letter is being shared on WhatsApp and social media, which states that an amount has to be paid for taking a loan under the Central Government's scheme PM Mudra Yojana.

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  Centre notifies 8.15 pc interest rate on Employees Provident Fund for FY23

  Business | July 24, 2023 18:02 IST

  On March 28 this year, retirement fund body EPFO had marginally raised the interest rate on employees' provident fund (EPF) deposits to 8.15 per cent for 2022-23 for its over 6 crore subscribers.

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  50th GST Council meet: What will be costlier, cheaper | Full list

  Business | July 12, 2023 6:50 IST

  The government has announced key changes in the existing GST tax slabs of various goods and services after the 50th GST Council meeting chaired by Finance Minister Nirmala Sitharaman. Here's what has become cheaper and costlier.

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  Finance Ministry asks IBA to finalise wage revision of bankers of PSU banks by Dec 1

  Business | July 10, 2023 15:01 IST

  The wage revision for employees and officers of the public sector banks is due from November 1, 2022.

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  TCS won't be charged for payments using ICC during overseas visits: Finance Ministry

  Business | July 01, 2023 14:57 IST

  The amendment reverses a May 16 notification by the ministry which omitted Rule 7 from FEM (CAT) Rules, thereby effectively including forex spend through ICCs under LRS.

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  Centre approves Rs.56,415 crore to 16 States under 2023-24 capital investment scheme

  India | June 26, 2023 18:31 IST

  The scheme "Special Assistance to States for Capital Investment 2023–24" was announced in the Union Budget 2023–24 in order to provide a boost to capital spending by States and take into account the fact that capital expenditure has a greater multiplier effect.

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  Direct tax collections for FY23 jump 11 pc YoY, reaching Rs 3.80 lakh cr: Finance Ministry

  Business | June 18, 2023 21:23 IST

  In a statement, the ministry said that the corporation tax (CIT) will be Rs 1,56,949 crore and the personal income tax (PIT) will be Rs 2,22,196 crore, including the Securities Transaction Tax (STT).

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  'Raghuram Rajan used false figures to...': Union Minister

  Business | June 15, 2023 18:13 IST

  In a research paper, titled 'Has India really become a mobile manufacturing giant?' Rajan raised concerns about the government's PLI scheme as well as concerns over India's rising mobile phone exports.

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  GST collections rise 12 per cent to Rs 1.57 lakh crore in May: Finance Ministry

  Business | June 01, 2023 17:31 IST

  The GST collections in May saw a rise of 12 per cent which indicates a bullish trend in the Indian economy amid global challeges.

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  New Parliament building inauguration: Centre to mint Rs 75 coin to mark event

  India | May 26, 2023 8:12 IST

  The new Parliament building will be inaugurated by Prime Minister Narendra Modi on Sunday.

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  Finance Ministry sets up committee to review pension system for govt employees

  India | April 07, 2023 0:03 IST

  The Ministry of Finance on Thursday set up a committee to review the pension system for the government employees.

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  Nirmala Sitharaman on her Budget day saree making it to headlines: 'Would a male minister...'

  India | February 03, 2023 23:51 IST

  Budget 2023: Finance Minister Nirmala Sitharaman wore the famous Ilkal saree with intricate kasuti threadwork while presenting the Union Budget 2023-24.

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  Budget 2023: Finance Minister Nirmala Sitharaman to brief BJP MPs today

  India | February 03, 2023 7:40 IST

  Budget 2023: She will explain the budget to the MPs in the meeting. The briefing will be held at around 9:00 am at the Balayogi Auditorium in Parliament Library Building in the national capital, all MPs have been informed.

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  Budget 2023: Imported cars, toys, bicycles and silver bars | Know what all will become 'COSTLY'

  Budget | February 01, 2023 21:53 IST

  Budget 2023: The government has decided to increase Agriculture Infrastructure and Development Cess on silver bar from the existing 2.5 per cent to 5 per cent and 2.5 per cent to 4.35 per cent on silver dore.

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  Budget 2023: FM announces launch of National Data Governance policy, KYC to get simplified

  Budget | February 01, 2023 12:41 IST

  Budget 2023: FM Sitharaman also said that the process of KYC will be simplified by adopting a risk-based system.

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  Budget 2023: Finance Ministry contemplating sops to benefit country's middle class

  Budget | January 26, 2023 14:19 IST

  Budget 2023: The finance ministry is looking into proposals sent by various government departments on specific steps which may be announced in the Budget, benefitting a large section of the middle class.

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  Delhi: Espionage network busted; One arrested for leaking sensitive info related to Finance Ministry

  India | January 18, 2023 19:32 IST

  Delhi: The timing of the matter is crucial as Union Budget 2023 is set to be presented after two weeks and a leak of any sensitive data may cost huge.