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finance ministry

Finance Ministry assures Centre’s debt profile is secure and reasonable; external debt-to-GDP ratio shows improvement

by Craig Fedirighi
Finance Ministry assures Centre’s debt profile is secure and reasonable; external debt-to-GDP ratio shows improvement

The Central government’s debt profile remains safe and the share of its external debt in the country’s gross domestic product dropped to 2.7% in FY23 from 3.3% in FY14 at …

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Categories Business

Government Expected to Increase Dearness Allowance to 45 Per Cent, a Likely 3 Per Cent Hike

by Craig Fedirighi
Government Expected to Increase Dearness Allowance to 45 Per Cent, a Likely 3 Per Cent Hike

Home Business Centre to Increase Dearness Allowance by 3% to 45% | Important Information You Should Know The dearness allowance is expected to be increased from the current 42% to …

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Categories Business

Finance Ministry report shows India’s growth prospects remain strong in FY24, while food inflation sees a rise in June

by Craig Fedirighi
Finance Ministry report shows India’s growth prospects remain strong in FY24, while food inflation sees a rise in June

India’s growth prospects remain intact in FY24 on the back of improved monsoon showers, solid fiscal performance, continued expansion in manufacturing and services sectors, and vigorous capital expenditure spending by …

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Categories Business

Finance Ministry: HUFs Claim Tax Deductions Worth Rs 3,803 Crore in 2022-23

by Craig Fedirighi
Finance Ministry: HUFs Claim Tax Deductions Worth Rs 3,803 Crore in 2022-23

Over 8.75 lakh Hindu Undivided Families (HUFs) have filed income tax returns (ITRs) and claimed deductions worth Rs 3,803 crore during 2022-23, the Finance Ministry said on Tuesday. Minister of …

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