Finance Ministry

New Delhi, Sept 14: Banks and payment system providers cannot levy direct or indirect charges on UPI transactions of up to Rs 2,000, providing greater certainty over the cost of small-value digital payments, the government has said. The…
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New Delhi, Sept 4:  In change of rules, the Union Finance Ministry has allowed foreign-funded e-commerce companies to maintain inventory for exports, opening a new route for platforms to build and sell stocks of Indian-made goods in…
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New Delhi, Aug 1: The Central government today released an additional Rs 1.09 lakh crore as tax devolution to state governments, over and above the regular monthly transfer scheduled later this month. The advance release will provide…
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New Delhi, July 16: The windfall gains tax on exports of diesel and ATF has been raised while levy on petrol has been lowered for the fortnight beginning today. The rate of Special Additional Excise Duty (SAED) on diesel exports has been…
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New Delhi, June 6: The Government of India has promulgated the Income-tax (Amendment) Ordinance, 2026, granting tax exemption to Foreign Institutional Investors (FIIs) on Capital Gains and Interest Income arising from investments in…
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New Delhi, May 14: India is considering a major reduction in taxes imposed on foreign investors investing in government bonds as policymakers look to attract overseas capital, stabilise the rupee and align India’s taxation…
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