finance ministry
Latest from finance ministry
RBI deputy governor T Rabi Sankar appointed member of 16th Finance Commission
The 16th Finance Commission is a constitutional body to provide suggestions on centre-state financial relations.

Hyderabad luxury car dealer arrested in ₹25 crore customs duty evasion fraud
Basharat Khan, one of the biggest importers involved in this commercial fraud, alone imported 8 luxury cars involving evasion of more than ₹7 crore.

Arvind Shrivastava takes charge as revenue secretary of India
Shrivastava is a civil engineer by education and has done post-graduation in economics from Mysore and finance from University of London.

CBIC issues new instructions to reduce compliance burden for GST registration
The government also refuted reports in a section of the media that it is considering levy of GST on Unified Payment Interface (UPI) transactions above ₹2,000

Central government raises excise duty on petrol and diesel by ₹2 per litre
The excise duty on petrol was increased to ₹13 per litre and that on diesel to ₹10, as per the department of revenue's order.
