Centre exempts E22, E25, E27 and E30 petrol blends from excise duty in biofuel push
The Finance Ministry notification covers E22, E25, E27 and E30 fuel variants, provided they follow BIS specifications and composition rules.
The Finance Ministry notification covers E22, E25, E27 and E30 fuel variants, provided they follow BIS specifications and composition rules.
The Centre has dismissed viral claims linking temple gold reserves to a proposed monetisation scheme, saying no such policy has been approved.
The Centre has revised customs duty rates for jewellery findings and tightened import compliance norms for precious metal recovery and recycling materials from May 13.
The Budget comes at a time when India remains one of the fastest-growing major economies, even as global growth moderates due to geopolitical uncertainties, tight financial conditions and slowing demand in key markets.
In response to rising reports of fake summons being circulated in the name of the Enforcement Directorate (ED) for cheating and extortion, the ED has implemented new measures to help citizens verify the authenticity of summons notices, the Finance Ministry’s official account announced today.
Union Finance Minister Nirmala Sitharaman will lead the Indian delegation on an official visit to Spain, Portugal, and Brazil from June 30 to July 5, according to the Finance Ministry release on Monday.
As per reports, nearly 15 subsidiaries and joint ventures of PSBs are being evaluated for potential initial public offerings (IPOs) or stake dilution in the coming years.
High-frequency indicators for the first two months of FY26 indicate resilient performance of the domestic economy amid the heightened geopolitical situation, Finance Ministry’s ‘Monthly Economic Review for May 2025’ said on Friday, adding that overall, the outlook for the Indian economy remains positive.
In a significant move to crack down on economic offenders, a coordination meeting between officials of the CBI, the Banking Securities Fraud Investigation Zone, the Finance Ministry's Department of Financial Services, and Chief Vigilance Officers of Public Sector Banks was held here on Tuesday, an official statement said.
The Finance Ministry’s Department of Economic Affairs on Wednesday invited expert comments on the draft framework to develop India's Climate Finance Taxonomy to facilitate greater resource flow for climate-friendly technologies and activities to achieve the country’s vision of being net zero by 2070.
