Finance Ministry

The CBIC has put in place a COVID-19 Vaccine Response Team (CVRT) at air cargo/courier terminals which will function as a single point of contact for all such clearances and ensure that vaccines are given instant delivery upon arrival, the…

(This story originally appeared in on Jul 12, 2021)Mumbai: The government last week notified amendments to regulations for the insurance sector that enabled an increase in foreign investments — up to 74% from 49% earlier. The revised norms…

Finance Minister Nirmala Sitharaman on Saturday urged G20 nations for aligning economic recovery strategies with climate concerns. Participating virtually in the Third G20 Finance Ministers and Central Bank Governors (FMCBG) Meeting under…

The Finance Ministry on Friday said the economy has started showing signs of revival from the impact of the second wave of the COVID-19 pandemic on the back of targeted fiscal relief, monetary policy and a rapid vaccination drive. "The…

The government has brought Department of Public Enterprises (DPE) under the Finance Ministry in a bid facilitate its ambitious disinvestment programme. Earlier, DPE was part of Ministry of Heavy Industries and Public Enterprises. "Ministry…

Goods and services tax collections for June grossed Rs 92,849 crore, dropping below Rs 1 lakh crore mark for the first time this year. Collections spanning from June 5 to July 5 due to compliance deadline relaxations, show the impact of…