Oil India Upgraded to Maharatna, ONGC Videsh to Navratna by Finance Ministry: The Finance Ministry of India promoted two large oil sector businesses, Oil India and ONGC Videsh, to the prestigious Maharatna and Navratna categories, providing them greater autonomy for investment, joint venture ...

Finance Ministry appoints SEBI ED Pramod Rao to IFSCA Board: Pramod Rao, Executive Director of SEBI, has been appointed to the Board of the International Financial Services Centre Authority (IFSCA) by the Finance Ministry. Rao has replaced Sujit Prasad, Executive Director SEBI, who was appointed ...

Gross GST Collection in June Reaches ₹1.61 Trillion, Marking Fourth Occurrence Above ₹1.60 Trillion: According to the Ministry of Finance, India's Goods and Services Tax (GST) collection for the month of June was $1.61 trillion. This is a remarkable 12% increase above GST income collected in the ...

GAIL Achieves Authorized Economic Operator (AEO) T3 Status: The Central Board of Indirect Taxes and Customs, Ministry of Finance, has granted GAIL India Limited, a leading natural gas firm in India, the renowned Authorised Economic Operator (AEO) T3 designation. This recognition marks the highest ...

Journalist A.K. Bhattacharya authored a new book titled “India’s Finance Ministers”

Net direct tax collections at Rs 16.6 lakh crore in 2022-23, up 160% from 2013-14: The Finance Ministry has revealed time series data demonstrating a huge growth in net direct tax revenues, which increased by 160% from Rs 6,38,596 crore in 2013-14 to Rs 16,61,428 crore in 2022-23. Gross direct tax ...

FM Nirmala Sitharaman presented Budget 2023-24: Finance Minister, Nirmala Sitharaman presented Union Budget for 2023-24 in Parliament on 1st Feb 2023. Seven priorities: Inclusive development, Reaching the last mile, Infrastructure and investment, Unleashing the potential, Green growth, ...

Finance ministry releases Rs 1,764 crore grant to four states : Ministry of Finance released an amount of one thousand 764 crore to four States for providing grants to Million Plus Urban Cities. Of the total amount, 136 crore rupees was released to Andhra Pradesh, 109 crore rupees to Chhattisgarh, ...

Union Finance Minister Nirmala Sitharaman has launched the National Securities Depository Limited’s (NSDL) investor awareness programme for students named ‘Market Ka Eklavya’. Aim: To introduce the basics of the securities market and also impart training on financial ...

The Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman launched the e-Bill system for Central Government Ministries on the 46th Civil Accounts Day i.e March 02, 2022. The objectives of the system are to: a) Provide convenience to all vendors/suppliers of the ...