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Latest from ministry of finance

Banks may soon use your digital footprint to give home loans, here's how

Banks are working on a new framework to give home loans using a person's spending patterns, mirroring the policy for MSME loans as seen in the Union Budget 2024

Banks will consider consumption or spending patterns of individuals while making their credit assessment (iStock/Hindustan Times Archive)
Published on Jul 27, 2024 12:47 PM IST

Direct tax collections for FY 2024-25 surge by over 20%

The increase in both personal income and corporate tax collections points towards a growing corporate sector and higher income levels among individuals.

Representational
Published on Jun 18, 2024 07:58 PM IST
ANI |

Rithala-Narela Metro line gets nod from finance ministry

While the entire project is estimated to cost ₹6,231 crore to construct, Delhi and Haryana portions are estimated to cost around ₹5,685.22 cr and ₹545.77 cr.

The officials said that they expect this extension of the existing Shaheed Sthal – Rithala red line corridor of Delhi metro to boost local economy in Narela. (HT Photo)
Updated on Jun 15, 2024 11:41 PM IST

In a first, Hindu stakeholders included in Canada’s budget preparation

On April 2, the Canadian Hindu Chamber of Commerce (CHCC) received an exclusive invitation to a restricted-access, embargoed budget reading in Ottawa, marking the inaugural participation of a community organisation in this procedure

Canada's Prime Minister Justin Trudeau and Finance Minister Chrystia Freeland pose for a picture holding the 2024-25 budget, on Parliament Hill in Ottawa, Ontario, Canada, on Tuesday. (REUTERS)
Published on Apr 18, 2024 03:27 PM IST

I-T dept informs taxpayers on certain transactions this fiscal. What it means?

The I-T department is carrying out an e-campaign to intimate such individuals or entities of significant financial transactions through email and SMSes.

The I-T department identified such persons or entities where the taxes paid is not ‘commensurate’ with the financial transactions (Representative Image)
Updated on Mar 10, 2024 04:38 PM IST
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