Finance Minister News
Italy Targets €4 Billion From Firms Via Tax Rates, Deductions
Italy’s government is targeting €4 billion ($4.4 billion) from companies by adjusting some tax thresholds and eliminating certain tax deductions, according to people familiar with its budget plans.
2 min read15 Oct 2024Tito Mboweni, South Africa’s First Black Central Bank Chief, Dies at 65
Tito Mboweni, who was the first Black governor of the South African Reserve Bank was heralded by financial markets and business for keeping tight fiscal controls on the nation’s public spending, has died. He was 65.
1 min read13 Oct 2024France unveils a more right-wing government after deadlock
FRANCE-POLITICS/ (UPDATE 2, PIX, TV):UPDATE 2-France unveils a more right-wing government after deadlock
2 min read22 Sep 2024Key ministers in France’s new government line-up
FRANCE-POLITICS/MINISTERS (FACTBOX, PIX, TV):FACTBOX-Key ministers in France’s new government line-up
2 min read22 Sep 2024Macron Appoints Armand as France’s New Finance Minister
French President Emmanuel Macron appointed Antoine Armand as finance minister, thrusting a 33-year-old with limited political experience into an urgent budget battle in which he must bring fiscal discipline while maintaining tacit support from the far right to avoid government collapse.
2 min read22 Sep 2024Brazil’s government to end 2024 within fiscal target tolerance band, finance minister says
BRAZIL-ECONOMY/HADDAD (UPDA
1 min read31 Aug 2024Brazil’s Lula to nominate Galipolo as central bank chief, says finance minister
BRAZIL-BANK/ (UPDATE 3, PIX):UPDATE 3-Brazil’s Lula to nominate Galipolo as central bank chief, says finance minister
2 min read29 Aug 2024Modi Can’t Build India’s Military This Way
The government is spending too little, and relying too much on inefficient state-owned companies, to produce a world-class fighting force.
4 min read2 Aug 2024Modi’s Tax Plan Is Squeezing the Middle Class
Tweaks announced in the budget aren’t going down well with the Indian prime minister’s loyal voter base.
4 min read30 Jul 2024Zimbabwe Throws Weight Behind Gold-Backed ZiG to Spur Demand
Zimbabwean Finance Minister Mthuli Ncube announced new measures to help spur demand for the nation’s bullion-backed currency, including ordering government services be paid for in the unit.
1 min read26 Jul 2024Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared