Jaipur, July 27 (IANS) Rajasthan has emerged as one of the leading states in implementing the Pradhan Mantri Jan Dhan Yojana (PMJDY), with more than 3.85 crore Jan Dhan accounts opened across the state. According to the latest data released by the Ministry of Finance, Rajasthan ranks fourth in the country in terms of total deposits in Jan Dhan accounts, reflecting growing financial inclusion and public confidence in the formal banking system.The scheme has played a key role in bringing economica…
Latest Ministry of Finance News & Updates
Kathmandu, July 24 (IANS) Nepal’s public debt has increased more than fourfold over the past decade as the country borrowed heavily to cope with the impact of two major crises — the 2015 earthquake and the COVID-19 pandemic.According to statistics released by the Public Debt Management Office (PDMO), Nepal’s public debt reached NPR 2.974 trillion at the end of fiscal year 2025-26, which ended in mid-July, up from NPR 697.68 billion at the end of fiscal year 2016-17, representing a 4.26-fold in…
Imphal, July 24 (IANS) Manipur Chief Minister Yumnam Khemchand Singh on Friday offered prayers to Lord Jagannath, Lord Balabhadra and Goddess Subhadra for a peaceful and prosperous Manipur, expressing hope that unity, harmony and order would prevail among all communities in the state. Rath Yatra is one of the most celebrated annual Hindu festivals, during which giant wooden chariots carrying Lord Jagannath, his brother Lord Balabhadra and sister Goddess Subhadra are pulled through public streets…
New Delhi, July 7 (IANS) The Union government has extended two additional investment choices, which include the Aggressive Life Cycle Fund (LC-75) and the Balanced Life Cycle Fund (BLC), to employees of Central Autonomous Bodies covered under the National Pension Scheme (NPS), according to a Finance Ministry statement issued on Tuesday. Earlier, these additional investment choices were available only to Central government employees covered under NPS.These investment options have now been extende…
New Delhi, July 7 (IANS) India’s E-way bill generation under the Goods and Services Tax (GST) in June this year registered a robust 14.5 per cent increase to 136.77 million from 119.46 million in the same month of the previous year, reflecting the rising level of economic activity in the country.On a sequential basis, e-way bill generation increased 0.5 per cent from 136.08 million in the previous month.E-way bills are mandatory for the transportation of consignments valued at more than Rs 50,00…
New Delhi, June 30 (IANS) The Centre on Tuesday decided to extend the full Customs Duty exemption on the import of critical petrochemical products by another 15 days, allowing the relief to continue until July 15, 2026. The exemption, which was earlier scheduled to expire on 30 June 2026, will remain applicable to the same list of petrochemical products notified previously.The duty exemption was introduced as a temporary and targeted measure in response to the conflict in West Asia, which disrup…
New Delhi, June 30 (IANS) The government has extended the deadline for filing appeals before the Goods and Services Tax Appellate Tribunal (GSTAT) to July 31 after representations from stakeholders over technical difficulties caused by a surge in filings on the GSTAT portal, the Ministry of Finance said on Tuesday.The extension applies to appeals filed under Section 112(1) read with Section 112(3) of the Central Goods and Services Tax (CGST) Act, it added.According to the Finance Ministry, the d…
Victoria, June 28 (IANS) Prime Minister Narendra Modi and Seychelles President Patrick Herminie on Sunday discussed new opportunities in industries, connectivity, technology, and digital infrastructure during the PM’s state visit to the archipelagic island.”President Herminie and I took stock of the economic partnership between India and Seychelles. We discussed new opportunities in industries, connectivity, technology, digital infrastructure and more. India will keep working with Seychelles i…
Shillong, June 20 (IANS) Union Finance Minister Nirmala Sitharaman on Saturday inaugurated the Jowai-Nartiang-Kdiap-Khanduli (JNKK) Road in Meghalaya’s West Jaintia Hills district and interacted with students, sportspersons and local residents, highlighting the Centre’s commitment to strengthening infrastructure and creating opportunities for youth in the Northeast.The road project, built with funding support from the New Development Bank at an estimated cost of more than Rs 59 crore, was inaugu…
New Delhi, June 19 (IANS) India has launched an anti-dumping investigation against imports of a chemical, used in tyre and rubber products, from China and Japan which are allegedly being exported by these countries at prices that are below the fair market value of these goods, according to a notification issued by the Ministry of Commerce on Friday. The investigation follows a complaint lodged by Atul Limited to the Directorate General of Trade Remedies (DGTR) which alleged the flood of cheap im…