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UNION MINISTRY OF FINANCE NEWS

Exclusive: Worried India rating may turn junk, govt pushed ‘narrative management’ strategy

May 10, 2022 12:56 pm

In June 2020, then Principal Economic Advisor in the Ministry of Finance, Sanjeev Sanyal, prepared a presentation — “Subjective Factors that impact India’s Sovereign Ratings: What can we do about it?” — for internal circulation within the government. Sanyal is now a member of the Prime Minister’s Economic Advisory Council.

Rs 1.68 lakh crore in April, GST collection soars to all-time high

May 02, 2022 8:40 am

This marks a 20 per cent increase from the April 2021 level on the back of improved compliance, enforcement action against tax evaders and pick-up in economic activity.

Union Finance Ministry asks Admn to curb expenditure

December 04, 2013 2:45 am

The Union Ministry of Finance,in a communication to the UT Administration,has directed that the expenditure under the non-plan budget head be reduced by 10 per cent.

DRI busts Rs 1000-cr hawala racket in Ludhiana

February 06, 2014 4:26 pm

The Directorate of Revenue Intelligence claims to have busted a hawala racket in Ludhiana in Punjab,allegedly involving laundering of at least Rs 1,000 crore