ministry of finance

The government has increased the export duty on diesel from 21.5 rupees per litre to 55.5 rupees per litre. The Ministry of Finance has also announced an increase in the duty on Aviation Turbine Fuel, from 29.5 rupees per litre to 42 rupees per litre. Meanwhile, the export duty on petrol will...

New Delhi, April 2 All central government employees have been mandated to complete competency-linked courses relevant to their role or level on a dedicated online platform annually, which will be reflected in their annual performance appraisal reports, the Rajya Sabha was informed on Thursday...

New Delhi, March 31 Senior IAS officer Chanchal Kumar has been appointed as Secretary of Information and Broadcasting as part of a major bureaucratic reshuffle effected by the Centre on Tuesday.Kumar, a 1992 batch Indian Administrative Service (IAS) officer from the Bihar cadre, is currently...

New Delhi, March 30 The government has appointed Aparna Sinha as an ex-officio member of the Insolvency and Bankruptcy Board of India (IBBI), according to an official notification.Sinha, who is currently serving as an Adviser (FSRL) in the Department of Economic Affairs, Ministry of Finance...

The National Housing Bank has launched the Gruh Sugam Portal to promote a cost-effective housing finance system. The portal enables Defence and Government personnel to easily obtain home loans from their place of posting. The Ministry of Finance stated that this portal will accelerate the...

New Delhi, March 24 The National Human Rights Commission (NHRC) has taken cognizance of a complaint alleging that individuals with hearing and speech disabilities are being denied access to life insurance benefits due to the refusal of insurance companies to extend coverage to them.According...

New Delhi, March 21 The Ministry of Finance said on Saturday that the Mutual Credit Guarantee Scheme for MSMEs (MCGS-MSME) has been modified to support manufacturers and exporters, allowing a 5 per cent upfront contribution in installments after the fourth year.According to the revised scheme...

The government has announced the Income Tax Rules, 2026, which will come into effect from the first day of next month. The new rules aim to improve compliance through stricter disclosure requirements while simplifying tax procedures by reducing the number of rules.These rules represent a major...

New Delhi, March 19 The United Forum of Bank Unions (UFBU) on Thursday expressed serious concern and objected to the directive issued by the Department of Financial Services (DFS), Ministry of Finance, advising public sector banks to pay Performance Linked Incentive (PLI) to eligible officers...

New Delhi, March 15 The Ministry of Finance has amended the rules for minimum public offers floated by companies to get listed on stock exchanges and linked it with post-issue capital.The Securities Contracts (Regulation) Amendment Rules, 2026, notified on March 13, states that companies with...

New Delhi, March 12 India has started an investigation into alleged circumvention of countervailing duties imposed on saccharin—used in various industries such as food, beverage, and pharmaceuticals—imported from China, according to a notification.The investigation was initiated by the...

New Delhi, March 10 The government on Tuesday sought approval from the Lok Sabha for an additional expenditure of over Rs 2.81 lakh crore in the current fiscal year.The second batch of Supplementary Demands for Grants was presented in the Lok Sabha by Finance Minister Nirmala Sitharaman...

Shimla, March 9 The Ministry of Finance has approved an extension to complete pending works under the Pradhan Mantri Gram Sadak Yojana (PMGSY-I) in the remote Dodra Kwar area of Shimla district up to March 31, 2027, Public Works Minister Vikramaditya Singh said on Monday.He said this decision...

New Delhi, March 3 A tendency among central ministries and departments to file appeals against court orders as a "default reaction" rather than as a considered policy decision was flagged as a "key challenge" to curb litigation in which the government is a party.At a recent conference on...

New Delhi, March 2 The Employees' Provident Fund Organisation (EPFO), the retirement fund body, announced on Monday that the interest rate on employee provident fund (EPF) deposits for 2025-26 would be 8.25 per cent, maintaining the same rate for the second consecutive year.In February last...

Union Finance Minister Nirmala Sitharaman met with the new President of the Asian Infrastructure Investment Bank (AIIB), Zou Jiayi, in New Delhi today. During the meeting, both sides discussed strengthening the partnership between India and AIIB. In a social media post, the Ministry of Finance...

New Delhi, February 28 A brainstorming session involving over two dozen Union secretaries and top legal officers on Saturday resolved to improve pleadings in courts and resolve divergent stands by central departments as part of efforts to reduce cases in which the central government is a party...

Finance Minister Nirmala Sitharaman launched the second phase of the asset monetization pipeline for central ministries and public sector entities in New Delhi. The second phase of the pipeline, developed by NITI Aayog in consultation with infrastructure-related ministries, is based on the...

Secretary of Financial Services, M. Nagaraju, inaugurated facilitation camps organized to promote Paripoorna Mediclaim Ayush Bima for beneficiaries of the Central Government Health Scheme in New Delhi today. The Ministry of Finance stated that these camps are being organized across various...

Bengaluru, February 14 A two-day Chintan Shivir (brainstorming session) of the Department of Financial Services (DFS), Ministry of Finance, was held in Coorg, Karnataka, on February 13 and 14, 2026.The primary objective of the Chintan Shivir was to encourage fresh perspectives and generate...