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The Latest Breaking News from Finance

Tax talk turns negative as Labor gears for relief

Changes to tax cuts that increase the returns of lower to middle-income earners have spurred speculation about whether negative gearing changes are next.

AAP

Tax bill overcomes objections from left and right, passes House - Roll Call

The House on Wednesday night passed a $79 billion family and business tax break bill after several days of uncertainty.

Roll Call

Union Budget 2024 live streaming: When and where to watch Finance Minister Nirmala Sitharaman’s Budget speech

Union Budget 2024: When and where to watch Budget live? The Budget session is set to take place on February 1. Here’s a guide on where you can access FM Nirmala Sitharaman’s speech

The Hindu

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Liquor, fuel cesses cannot meet social security pension payments in full: Balagopal

Insufficient cesses on liquor and fuel in Kerala's budget lead to delayed social security pension payments.

The Hindu

Wages of anganwadi workers hiked

Thiruvananthapuram government increases wages of Anganwadi workers by up to ₹1000 per month, benefiting over 60,000 individuals.

The Hindu

Private investment should pick up to boost production sector: K. N. Balagopal

Finance Minister K. N. Balagopal on Saturday stressed the need for private investment to go up for revving up the economy.

The Hindu

Nirmala Sitharaman to become the second Finance Minister to present the Union Budget six times in a row

Finance Minister Nirmala Sitharaman to present sixth consecutive budget, focusing on immediate fiscal needs before elections.

The Hindu

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Days before Sony called off Zee merger, Chandra wrote to Sitharaman questioning SEBI intent

Nearly a week before Sony Pictures Entertainment announced that it had called off its merger with Zee Entertainment Enterprises Ltd, ZEEL promoter Subhash Chandra reportedly wrote to Finance Minister Nirmala Sitharaman while accusing SEBI of operating with a motive to sabotage the deal.

Newslaundry

Brickbat: Don't Touch

Police in Ontario have dropped charges against a reporter arrested while trying to ask Finance Minister Chrystia Freeland a question, saying "no credible security threat existed." Video showed Freeland was walking down a public sidewalk when David Menzies approached her with a microphone and began walking alongside her, asking about…

Reason

Modi govt.’s attempt to cut revenue share of States shocking, says Balagopal

The report that the Narendra Modi government, on coming to power in 2014, had tried to cut funds allocated to the States is “shocking” and a “cause for concern,” Finance Minister K.N. Balagopal has said.

The Hindu

ED issues fresh notice to Isaac on KIIFB fund utilisation

The Directorate of Enforcement (ED) has issued a fresh summons to former Finance Minister T.M. Thomas Isaac asking him to appear before the investigators at its Kochi office on January 22.

The Hindu

MEDISEP: Finance department issues new orders on deducting ‘arrears on premium’

Newly joined government employees must pay premiums from the launch date to enjoy full coverage under the medical insurance scheme.

The Hindu

IMF Grants Kenya New $941 Million Loan

The International Monetary Fund said it has granted Kenya a new loan of more than $941 million to help buttress the finances of the cash-strapped East African nation.

International Business Times

Environmental conservation a priority: K.N. Balagopal

Finance Minister K.N. Balagopal emphasizes timely completion of development projects and environmental conservation in Kollam, Kerala.

The Hindu

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The Hindu

Finance dept. issues directives for insurance coverage for govt. vehicles

The State government has directed government departments and institutions to obtain third party insurance policy for government vehicles through the State Insurance department.

The Hindu

Need united stand against Centre’s unfriendly policies, says K.N. Balagopal

Finance Minister K.N. Balagopal welcomes Opposition UDF's decision to discuss Centre's neglect of Kerala, emphasizing the need for cooperation.

The Hindu

Interim Budget may see measures to boost consumption demand, push agri economy

Finance Minister Nirmala Sitharaman is likely to step up efforts to boost consumption and rural economy while keeping inflation under check when she presents her sixth straight Budget on February 1

The Hindu

Top Kerala news developments today

Here are the important developments in Kerala to watch out for today

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Roll Call

Chief tax writers working to broaden appeal of tentative accord - Roll Call

A bipartisan, bicameral $70 billion tax agreement taking shape on the Hill is drawing mixed reviews, pointing to potential challenges ahead.

The Hindu

Naidu making false claims on State’s debt, says Buggana

Finance Minister Buggana Rajendranath Reddy refutes TDP's allegations of state finances in disarray and debts of ₹13 lakh crore.

The Hindu

IFSC needs to ready platform where green credits can be traded: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on January 11 said India has a $10.1 trillion funding gap to meet its net zero commitment and asked IFSC to set up a platform where green credits can be traded.

The Hindu

Telangana yet to get Centre’s permission to raise market borrowings for Q4

The Telangana government has apparently landed in a piquant situation in raising resources through open market borrowings for the January-March quarter of the current financial year

The Hindu

Tamil Nadu continues to be the second largest State economy: Finance Minister

Ahead of the Global Investors’ Meet, Finance Minister Thangam Thennarasu dismissed claims that Uttar Pradesh had overtaken Tamil Nadu as the second largest State economy

The Hindu

Kerala for ‘innovative measures’ to raise additional resources

In the run-up to the 2024-25 State Budget, the State government is looking at “innovative measures” for mobilising the much-needed additional resources.

The Hindu

NITI Aayog Vice Chairman holds meeting with Chief Minister, Finance Minister

Pinarayi Vijayan seeks NITI Aayog's intervention to resolve Kerala's financial issues.

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