The Latest Breaking News from Finance

G-20 Sherpa Kant says joint declaration "almost ready"; India able to bring all countries on board with its priorities. Negotiations on finance, climate action, phasing out fossil fuels, and debt restructuring have seen considerable movement. Leaders to discuss declaration and other issues on September 9 and 10; if no agreement,…

The present revision had been taken up against an order passed by an Additional Special Court for MP/MLA cases in Chennai on March 17, 2023.

Finance dept. verifying accusations of IGST evasion by CM's daughter; Congress, BJP using it to campaign for Puthuppally bypoll; CPI(M) defending it as honest biz transaction; Isaac accused Congress of hiding behind smokescreen; Kuzhalnadan invited Isaac to inspect his finances; Satheesan using it to disparage CPI(M); Chandrasekhar accused crony capitalism…

The Finance department wants government departments to cut down unnecessary expenses and put in place belt-tightening measures

The Hindu Evening Wrap on August 20, 2023

The Finance department has further tightened the treasury regulations in view of the financial crunch and the fund requirements during the Onam month. The department has issued orders placing restrictions on the treasury from clearing bills over ₹5 lakh.

The Chief Minister made the announcement on the eve of the Independence Day on Tuesday, fulfilling the promise made by the Telangana Rashtra Samithi (now Bharat Rashtra Samithi) in the manifesto of the previous elections.

Finance Min. Sitharaman introduces bills to amend CGST & IGST laws, allowing 28% tax on full face value of bets in online gaming, casinos & horse race clubs. Amendments provide clarity on taxation of supplies & impose GST liability on offshore entities. GST Council approved levy last week.

UDF Opposition walk out of Assembly, accusing LDF Govt of failing to control food inflation.