Finance Ministry Seeks Supreme Court’s Guidance on Online Gaming Tax Notices

By Editor - News Desk January 10, 2025

Government Policies

The Finance Ministry has approached the Supreme Court seeking clarification regarding the issuance of tax notices to online gaming companies. This exclusive development was first reported by CNBC-TV18, highlighting the government’s efforts to resolve ambiguities in the Goods and Services

Finance

Finance Ministry to Review Flagship Schemes with Public Sector Banks Ahead of Budget

By Editor - News Desk January 9, 2025

In preparation for the Union Budget for the financial year 2025-26, the Finance Ministry has scheduled a meeting on January 15 with the Managing Directors and Chief Executive Officers of public sector banks (PSBs). The session, to be chaired by M. Nagaraju, Secretary of the Department of Financial Services (DFS), aims to evaluate the progress […]

Finance

Finance Ministry Blames RBI Policies for Economic Slowdown

By BPN News Desk December 27, 2024

The Finance Ministry has pointed to the Reserve Bank of India’s (RBI) monetary policies as a contributing factor to the recent economic slowdown. In its latest report, the ministry highlighted that restrictive measures, including successive interest rate hikes, have dampened credit growth and suppressed domestic demand. Policy Tightening and Its Impact The ministry’s

National

Fake ₹500 Notes Surge by 317% in 5 Years: Finance Ministry

By BPN News Desk November 26, 2024

The Finance Ministry has revealed a significant surge in the circulation of fake ₹500 notes, with a staggering 317% increase over the last five years. The alarming data highlights growing challenges in curbing counterfeit currency in India, despite ongoing measures by the government and Reserve Bank of India (RBI). Counterfeit ₹500 Notes on the Rise […]