finance

  1. Goa seeks Rs 700 crore for water projects, Rs 300 crore for exhibition of St Xavier's relics

    Goa seeks Rs 700 crore for water projects, Rs 300 crore for exhibition of St Xavier's relics

    Panaji, Goa Chief Minister Pramod Sawant has sought a grant of Rs 700 crore from the Center for water conservation projects and Rs 300 crore for the decennial exhibition of the relics of St Francis Xavier scheduled later this year, officials said on Sunday.Sawant was attending the pre-budget...
  2. Pre-budget meeting: Rajasthan Deputy Chief Minister seeks support from Center for rail, road and energy sectors

    Pre-budget meeting: Rajasthan Deputy Chief Minister seeks support from Center for rail, road and energy sectors

    In view of the upcoming Union Budget 2024-25, the consultation meeting was chaired by Union Finance Minister Nirmala Sitharaman.Deputy CM Diya Kumari urged for early resolution of the East Rajasthan Canal Project (ERCP). He also proposed to further strengthen the 'Jal Jeevan Mission' and...
  3. Approve Chennai Metro Rail Phase 2 project and allocate funds: TN Finance Minister

    Approve Chennai Metro Rail Phase 2 project and allocate funds: TN Finance Minister

    Thennarasu, speaking at the pre-budget meeting of state Finance Ministers convened by Sitharaman in Delhi, said that Phase 2 of the Chennai Metro Rail was announced by the Union Finance Minister in his 2021 budget speech. 22 as a central sector project for Rs 63,246 crore."While this project...
  4. Chhattisgarh Finance Minister advocated the state's priorities in the pre-budget meeting

    Chhattisgarh Finance Minister advocated the state's priorities in the pre-budget meeting

    New Delhi [India], Chhattisgarh Finance Minister OP Choudhary on Saturday attended the pre-budget meeting and presented a comprehensive set of proposals in the interest of the state, including quantum of special assistance to states, development of the state capital region and Expansion of the...
  5. Haryana seeks special grant-in-aid for projects in NCR

    Haryana seeks special grant-in-aid for projects in NCR

    Chandigarh, Haryana Finance Minister Jai Prakash Dalal on Saturday sought special grant from the Center for implementation of various projects in the National Capital Region (NCR).Dalal raised this issue during a meeting of finance ministers of all states chaired by Union Finance Minister...
  6. TN urges Nirmala Sitharaman to provide Rs 63,000 crore for CMRL Phase II in Union Budget

    TN urges Nirmala Sitharaman to provide Rs 63,000 crore for CMRL Phase II in Union Budget

    NEW DELHI: The Tamil Nadu government on Saturday urged Union Finance Minister Nirmala Sitharaman to make provisions in the upcoming Union Budget and sanction Rs 63,246 crore for the Chennai Metro Rail Phase II project, the foundation stone of which was laid in November 2020.Tamil Nadu Finance...
  7. Odisha wants allocation of more funds from Center for infrastructure development

    Odisha wants allocation of more funds from Center for infrastructure development

    Bhubaneswar, the new BJP government in Odisha has submitted a memorandum to the Center seeking expansion of Paradip port, a second AIIMS at Sambalpur and increased allocation of funds to further accelerate infrastructure development in the state, according to an official statement from the...
  8. Center intends to impose GST on petrol, diesel; States will have to decide the rate: FM

    Center intends to impose GST on petrol, diesel; States will have to decide the rate: FM

    New Delhi Finance Minister Nirmala Sitharaman said on Saturday that the central government's intention has always been to bring petrol and diesel under GST, and it is now up to states to sit down and decide the rate.She said former Finance Minister Arun Jaitley had already made a provision by...
  9. Announce special package of Rs 24 thousand crore for Kerala: Minister Balagopal tells Center

    Announce special package of Rs 24 thousand crore for Kerala: Minister Balagopal tells Center

    New Delhi/Thiruvananthapuram, Kerala Finance Minister K N Balagopal on Saturday urged the Center to announce a special package of Rs 24,000 crore for the southern state in the Union Budget 2024-25 "to overcome the current tension liquidity" that the state faces.Balagopal made the request at...
  10. Government launching pan-India biometric authentication to prevent GST fraud

    Government launching pan-India biometric authentication to prevent GST fraud

    The Finance Minister said at a press conference that two pilot projects for biometric authentication have already been successfully run and now this facility will be rolled out across the country in a phased manner.He said that to facilitate GST registration, Aadhaar biometric authentication...
  11. Platform tickets and essential railway services exempted from GST

    Platform tickets and essential railway services exempted from GST

    In New Delhi [India], Finance Minister Nirmala Sitharaman announced that the next meeting of the Goods and Services Tax (GST) Board is tentatively scheduled for mid to late August.The GST Council proposes an exemption for specific services offered by Indian Railways to the general public as...
  12. GST Council sets monetary limit for filing appeals before various legal forums

    GST Council sets monetary limit for filing appeals before various legal forums

    New Delhi: To reduce government litigation, the GST Council has set a monetary limit for filing appeals by the tax department before various appellate authorities, Union Finance Minister Nirmala Sitharaman said on Saturday.He said after the 53rd meeting of the GST Council that the department...
  13. Railway services, students' hostels exempted from GST

    Railway services, students' hostels exempted from GST

    Addressing the media after the council meeting, the Finance Minister said that purchase of railway tickets and payment of waiting room and clock room charges have been exempted from GST.Similarly, no GST will be levied on services like battery operated vehicles and intra-railway services.The...
  14. GST Council approves uniform 12 percent GST on milk cans, cartons, water sprinklers

    GST Council approves uniform 12 percent GST on milk cans, cartons, water sprinklers

    The Finance Minister said that to avoid ambiguity, milk cartons will be governed by a standard measurement and not by the material they are made of.These are called milk cans, but wherever they are used, the same rate will be applicable so that it does not create any controversy, he said.The...
  15. GST Council sends cross panel request to Group of Ministers for GST cut on fertilizers

    GST Council sends cross panel request to Group of Ministers for GST cut on fertilizers

    New Delhi: Andhra Pradesh Finance Minister P Keshav on Saturday said the GST Council has sent its recommendation to exempt the fertilizer sector from the current 5 per cent GST to the Group of Ministers to rationalize the rates.The Council discussed the recommendations made by the Standing...
  16. Sitharaman meets state finance ministers for pre-budget consultations, Rajasthan seeks funds for ERCP

    Sitharaman meets state finance ministers for pre-budget consultations, Rajasthan seeks funds for ERCP

    In New Delhi [India], Union Finance Minister Nirmala Sitharaman on Saturday chaired a meeting with finance ministers of states and union territories in the national capital.The pre-budget meeting was called by the Finance Ministry to receive suggestions for the upcoming Union Budget 2024-25...
  17. Sitharaman outlines Centre's support to states through timely tax transfer, GST compensation dues

    Sitharaman outlines Centre's support to states through timely tax transfer, GST compensation dues

    New Delhi Finance Minister Nirmala Sitharaman on Saturday underlined the Centre's support to states through timely tax refund and GST compensation arrears to spur growth.In the pre-budget meeting with state finance ministers, Sitharaman also urged states to take advantage of the scheme under...
  18. Finance Minister Nirmala Sitharaman held a pre-budget meeting with the finance ministers of the states.

    Finance Minister Nirmala Sitharaman held a pre-budget meeting with the finance ministers of the states.

    The meeting was attended by Union Minister of State for Finance Pankaj Chaudhary, Chief Ministers of Goa, Meghalaya, Mizoram, Nagaland and Sikkim; Deputy Chief Ministers of Bihar, Madhya Pradesh, Odisha, Rajasthan and Telangana; The Finance Minister and other Ministers of State; and senior...
  19. Union Finance Minister Sitharaman chairs pre-budget meeting with finance ministers of states, union territories; GST Council meeting will be held later today

    Union Finance Minister Sitharaman chairs pre-budget meeting with finance ministers of states, union territories; GST Council meeting will be held later today

    In New Delhi [India], Union Finance Minister Nirmala Sitharaman chaired a pre-budget meeting with Finance Ministers of all states and Union territories on Saturday morning.The pre-budget meeting is organized by the Ministry of Finance and Corporate Affairs with the Finance Ministers of all...
  20. Pakistan: PML-N finds itself 'isolated' amid dispute over budget, facing criticism from its own MLAs

    Pakistan: PML-N finds itself 'isolated' amid dispute over budget, facing criticism from its own MLAs

    Islamabad [Pakistan], The ruling Pakistan Muslim League-Nawaz (PML-N) faced an unprecedented backlash in the National Assembly with lawmakers even from the treasury benches joining their opposition counterparts in lashing out at the government over the federal budget, Dawn reported.Lawmakers...
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