Finance Ministry News
Fund transfers to states under 15th Finance Commission declined 52% over 3 years
The Centre’s revenue deficit grants to states, intended to cover post-devolution revenue shortfalls, declined 80% between 2021-22 and so far in 2024-25.
3 min read25 Mar 2025Young India Moving Household Deposits To ’High Risk, High Return’ Tools Worry Finance Ministry & RBI
Last week the finance ministry informed the Parliament that a shift in household deposits from banks to market-linked financial products in search of higher returns may expose the households to significant market risks. All these homes which are now moving their savings to Financial instruments like debt, equities may face financial losses during market corrections or volatility due to inadequate assessment of risks and financial literacy. #donaldtrump #india #narendramodi #loan #debt #gdp #nse #bse #sensex #nirmalasitharaman #savings #fixeddeposit #fd #mutualfunds #abhinavtrivedi #mint #news #sharemarket #stockmarket #debate #investing #investment #rbi #finance #financeminister #sanjaymalhotra
24 Mar 2025SEBI to boost transparency, including on board conflicts, says new chairman Tuhin Kanta Pandey
Veteran finance ministry bureaucrat Tuhin Kanta Pandey last week replaced Madhabi Puri Buch as the chief of the Securities and Exchange Board of India (SEBI).
1 min read7 Mar 2025Mint Explainer: Can capital gains make you ineligible for a tax rebate?
Say you make ₹12 lakh a year but earn ₹1 lakh from capital gains on your investments, pushing your total income above the rebate threshold. Will you still receive a rebate or will your entire income be taxed? Nobody seems to know.
4 min read20 Feb 2025Budget 2025: ITDC, Lemon Tree, other stocks spike up to 8% as FM announces plans to develop top 50 tourism sites
Shares of ITDC, ITC Hotels, and Lemon Tree rose by up to 8% on February 1, following the Finance Minister’s announcement of measures to enhance the tourism sector in the Budget speech.
1 min read1 Feb 2025India’s 2025-26 budget should aim to engineer an economic transformation
The target of Viksit Bharat requires it to balance immediate challenges with long-term development goals. Maintain fiscal prudence while pushing for sustainable growth and job generation, with reforms and policies implemented swiftly and effectively.
4 min read5 Jan 2025Growth slowdown: Why lay a deeper economic malaise at RBI’s door?
The monetary policy of India’s central bank isn’t a big reason for the economy’s slowdown. The big problem is that private investment hasn’t picked up. RBI cutting interest rates isn’t likely to help.
4 min read15 Dec 2024Income tax: Refunds surge 46.31% to ₹3.08 lakh cr; 1.62 crore ITR filings processed in a day, says Finance Ministry
At its peak, the income tax return portal handled over 900 filings in a second and close to 70 lakh ITR filings a day, as tax refunds rose 46.32 per cent year-on-year.
1 min read12 Dec 2024From North Block to Mint Street: Sanjay Malhotra has his task cut out as RBI’s next governor
The Governor-designate of the Reserve Bank of India will need to tread a fine line on the question of monetary-fiscal policy coordination to arrive at an optimal balance that favours India’s economy
2 min read10 Dec 2024The resolution of disputes over public procurement: Let’s strengthen reforms
Finance ministry guidelines and a Supreme Court ruling made 2024 a pivotal year for process reforms, but bolder moves are needed for India to stake a global leadership claim in this field.
3 min read27 Nov 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