Finance Ministry

Centre may set up 16th Finance Commission by November

August 21, 2023

Centre may set up 16th Finance Commission by November

Finance Commission is a constitutional body that gives suggestions on Centre-state financial relations

July 01, 2023
GST mop-up rises 12% to over Rs 1.61 lakh cr in June

The gross GST collection has crossed Rs 1.60 lakh crore mark for the fourth time since the roll-out of the indirect tax regime six years ago on July 1, 2017.
June 30, 2023
Govt approves 27th tranche of electoral bonds; sale from July 3

The decision comes ahead of assembly elections of Rajasthan, Madhya Pradesh, Chhattisgarh, Telangana and Mizoram.
June 09, 2023
Borrowing dispute: Centre makes bewildering claims, refuses to take Kerala into confidence

The ministry's last communication with Kerala was a letter sent on May 26. On the basis of this, Kerala officially holds that it could borrow only Rs 15,390 crore.
May 26, 2023
Finance Ministry issues notification for Rs 75 coin to mark new parliament building inauguration

The new parliament building is to be inaugurated on May 28 by PM Narendra Modi.
May 16, 2023
Kerala’s borrowing limit set at Rs 32,440 crore; Centre yet to issue official order

The state is awaiting clearance from the Centre for availing credit for the nine months till December.
May 16, 2023
Kerala's finances still in deep water; social security pensions to be delayed

The government has to pay Rs 2,800 crore as arrears to service pensioners as a result of the revision of pension and Rs 1,400 crore as Dearness Allowance

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