Finance ministry

The death toll from China’s coronavirus (COVID-19) epidemic climbed to 1,665 on Saturday after 142 more people died, mostly in the worst-hit Hubei Province, and the confirmed cases jumped to 68,500. read more

The former Goldman Sachs banker is 39 and has been viewed as a rising star in the Conservative Party. read more

Sanyal said economic growth was set to accelerate to 6% in the financial year beginning in April, compared with estimated growth of 5.0% in the current one. read more

After the Budget on Saturday there was confusion about the tax liability of Non-Resident Indians (NRIs) on their global income. read more

The government’s budget for the 2020-21 financial year was presented by Union finance minister Niramala Sitharaman. read more

India’s average aggregate technical and commercial (AT&C) losses are at 21.4%, pushing up the dues of discoms to power generating companies to Rs 72,938 crore at the end of November. read more

In line with the proposed new simplified personal income tax regime, the tax rate on income in the range of \u20B95-7.5 lakh per year will be halved to 10%. read more

If the defence spending allocated for 2020-21 is calculated against last year’s revised estimates of Rs 3.31 lakh crore, the increase is not even 2%. Finance minister Nirmala Sitharaman’s budget speech in Parliament on Saturday made no mention of defence... read more

Finance ministry on Friday paid homage to the exceptional devotion to work demonstrated by Kuldeep Kumar Sharma, Deputy Manager of the government press, responsible for printing reams of budget documents. read more

The government is expected to widen its fiscal deficit target for the year through March to 3.8% of gross domestic product from a planned 3.3%. read more

It seems to suggest that the worst is over. Is it? read more

The singular agenda for the budget should be to boost human capital for higher consumption and create avenues for their meaningful accommodation in the life of an economy read more

The Economic Survey is prepared by a panel headed by the Chief Economic Advisor (CEA) Krishnamurthy V Subramanian. read more

Despite an allocation of 1.84 trillion rupees for the current fiscal year to March, a resource crunch could again force the government to cut the payout to Food Corp. read more

Union finance minister Nirmala Sitharaman is being helped by five key officials in preparing the Union Budget for 2020-21. read more