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Union Finance Ministry News

18 Feb 2022

World Bank offers $115 million loan for rejuvenating watersheds in India

The $115 million (Rs 869 crore) loan has a maturity of 15 years, including a grace period of 4.5 years, the Finance Ministry said. The Government of India has announced a plan to restore 26 million hectares of degraded land by 2030 and double farmers` income by 2023. It will also help the participating and other states to adopt new approaches to watershed development," the Finance Ministry said in a statement.

28 Apr 2020

3 IRS officers chargesheeted for report proposing hike in taxes for super rich

The Union Finance Ministry on Monday (April 27) chargesheeted three Internal Revenue Service (IRS) officers for "misguiding" young taxmen and "unauthorisedly" making public a report that proposed for a steep hike in taxes to tackle the economic crisis caused due to the coronavirus COVID-19 pandemic.

Goods and Services Tax (GST)

01 Mar 2020

Gross GST collection in February at Rs 1,05,366 crore, says Finance Ministry

According to the Union Finance Ministry, the GST revenues during the month of February 2020 from domestic transactions has shown a growth of 12 per cent over the revenue during February last year.

Union Finance Ministry

08 Aug 2016

Centre considering proposal to merge Rail, General Budgets

The Union Finance Ministry has said it has started the process of examining the proposal from the Railway Ministry to merge the Rail Budget with the General Budget, 92 years after the separation took place.

Union Finance Ministry

11 Feb 2016

Union Finance Ministry puts Hanumanthappa's photo on its twitter handle

As a mark of respect to the brave soldier who died on Thursday, Union Finance Ministry made a picture of Lance Naik Hanumanthappa Koppad as its cover photo on its twitter handle.

Chief Minister Devendra fadnavis

16 Oct 2015

Central Bank of China awaits nod to set up branch in Mumbai

Maharashtra Chief Minister Devendra Fadnavis has asked the Union Finance Ministry to resolve technical issues that are delaying approvals to Central Bank of China to open a branch in Mumbai.

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