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Articles for Ministry of Finance

Government Received 18.6% Of Its Budget Estimate Revenue In First Two Months Of FY25

The ministry stated that the government received Rs 3,19,036 crore from Tax Revenue (Net to Centre), Rs 2,51,722 crore from Non-Tax Revenue, and Rs 2,087 crore from Non-Debt Capital Receipts

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Gross Direct Tax Collections For FY 2024-25 Surge By 22.19%

According to the data released by by the Union Ministry of Finance, Net Direct Tax collections for FY 2024-25 have also seen significant growth, registering a 20.99 per cent increase to Rs. 4,62,664 crore

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FM Sitharaman To Hold Pre-Budget Consultations With Industry Leaders On 20 June

The forthcoming full-fledged Budget, likely to be presented in the second fortnight of July, is widely anticipated to outline the economic vision of the Modi-led Government for the next five years

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Centre Releases Rs 1,39,750 Cr Installment Of Tax Devolution To States

The Interim Budget 2024-25 has a provision of Rs 12,19,783 crore towards devolution of taxes to States

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FDI Inflow To Increase In Domestic Manufacturing Sector: Ministry of Finance

The Ministry of Finance monthly review says that the approach of western economies involves diversifying supply chains to reduce dependence on China by incorporating other countries

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Despite External Headwinds, India Closed 2023-24 Fiscal Strongly: Ministry of Finance

Fixed investment is gathering pace on the back of the focus of the government on capital spending and the resultant crowing in of private investment

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Indian Economy Remains In Bright Spot: MoF

"The optimism regarding growth prospects is also reflected in consumer and investor perceptions," according to the Monthly Economic Review report of the Department of Economic Affairs under the Finance Ministry

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Indian Economy Remains In Bright Spot: Ministry Of Finance

On inflation, it said the government's efforts in managing retail inflation in 2023-2024 have been highly successful.

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