Finance Ministry

Money

GPF interest rates: How much are the latest interest rates on General Provident Fund? What Finance Ministry said

General Provident Fund or GPF is the provident fund meant exclusively for government employees. Under this compulsory savings scheme, every government employee must contribute a portion of their pay to save towards their future.

2 min read10 Apr 2026
Companies

Bill seeking to ease corporate compliance norms sent to JPC after introduction in Lok Sabha

Some opposition members opposed the bill, alleging that it sought to dilute provisions related to companies setting aside 2% of their profit towards corporate social responsibility, which the finance minister refuted.

2 min read23 Mar 2026
Money

Finance Ministry notifies new Income-Tax Rules 2026 — Here's what changes for you from 1 April

The Finance Ministry on 20 March notified the Central Board of Direct Taxes' new Income-Tax Rules 2026. Here's what this means for taxpayers and how the changes impact you with effect from 1 April 2026.

3 min read20 Mar 2026
News

New unified code to overhaul India’s securities market rules

The Securities Markets Code 2025 Bill proposes to merge three key laws into a unified statute, increase accountability of Sebi officials and improve investor protection. The legislation has been referred to the parliamentary finance committee.

4 min read18 Dec 2025
Money

Income Tax dept cracks down on bogus claims linked to donations, SMS and emails sent to taxpayers as ‘friendly measure’

The Income Tax department is alerting taxpayers via SMS and email to update their returns and withdraw incorrect claims, following a crackdown on fraudulent tax claims linked to Registered Unrecognised Political Parties (RUPPs) or charitable institutions.

2 min read13 Dec 2025
Economy

Nirmala Sitharaman calls for a coordinated global effort to strengthen economic governance

When individuals and enterprises pay their fair share, and when evasion is effectively deterred, societies become stronger and more equitable, says finance minister Nirmala Sitharaman

3 min read2 Dec 2025
News

Finance ministry rejects Washington Post's claims of influence on LIC investments in Adani firms

LIC's investment decisions are taken by the insurer alone following strict due diligence, risk assessment, and fiduciary compliance, finance minister Nirmala Sitharaman tells Parliament

2 min read1 Dec 2025
Economy

Mint Explainer | Why the 16th Finance Commission’s report matters for states?

The 16th Finance Commission will recommend reallocation of tax revenues among states until FY31. Why are some states advocating for increased shares?

6 min read12 Nov 2025
Economy

GIFT City funds want tax at source removed to bring home HNI money going to Dubai, Singapore

The GIFT City regulator has channeled a demand from fund companies to the Union finance ministry that investments from Indian investors be exempt from tax collected at source (TCS). Fund managers argue that removing TCS would simplify compliance and attract more investments to GIFT City.

3 min read21 Oct 2025
Companies

JSW Steel eyes strong H2 as domestic demand and policy support bolster outlook

On Friday, India’s largest steelmaker by domestic capacity reported a more than threefold jump in consolidated net profit for the September quarter, powered by higher volumes and lower input costs that offset weaker metal prices.

4 min read17 Oct 2025