India’s plan to tighten rules on its fast-growing e-commerce market has run into internal government dissent, memos reviewed by Reuters show, with the ministry of finance describing some proposa...

The finance ministry will kick-start the exercise to prepare the annual Budget for 2022-23 from October 12 amidst signs of revival of the Indian economy hit hard by the Covid-19 pandemic. The budget ...

The government is working on setting up a “backstop facility” as announced in the Union budget in a bid to deepen the corporate bond market, a senior government official said on Friday. A...

The Tatas and SpiceJet promoter Ajay Singh have submitted financial bids to buy troubled national carrier Air India. The last date for submitting the bids was Wednesday. “Financial bids for Air...

  The Finance Ministry has permitted 11 states to borrow an additional amount of Rs 15,721 crore after these states achieved the capital expenditure target set for the June quarter. These state...

The commerce ministry should engage with its finance counterpart for additional allocation under the recently notified tax rebate scheme for exporters — RoDTEP — as the budgeted Rs 12,500 ...

A directive from the Narendra Modi government issued in August has come as a stumbling block for one of Mamata Banerjee’s pet projects, the students' credit card scheme. The Union finance m...

The finance ministry on Tuesday said income taxpayers can file applications before the interim board for settlement of pending tax cases at the Income Tax Settlement Commission (ITSC) level by Septemb...

The government plans to come out with a relief package for the telecom sector, burdened by huge dues in adjusted gross revenues that threaten to turn the industry into a duopoly even as a relief packa...

The government on Sunday extended by a month the deadline to make payments under direct tax dispute resolution scheme Vivad Se Vishwas till September 30. In a statement, the finance ministry said, &l...