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Tag: Ministry of Finance

Govt hikes export duty on diesel to Rs 14/litre, ATF to Rs 12.5/litre; no change in fuel for domestic consumption

Business
NEW DELHI: The Central government on Monday hiked the export duties levied on diesel by Rs 14 per litre and Aviation Turbine Fuel (ATF)...

Nirmala Sitharaman flags global risks, says PM Modi Govt ensuring supply stability amid crude, Hormuz pressures

Business
BENGALURU: Union Finance Minister Smt. Nirmala Sitharaman on Sunday said India faces risks from crude prices, West Asia tensions and Strait of Hormuz disruptions,...

FM Sitharaman meets Suvendu Adhikari, CM of West Bengal, in New Delhi

Business
NEW DELHI : Union Minister for Finance and Corporate Affairs Smt. Nirmala Sitharaman met Shri Suvendu Adhikari, Chief Minister of West Bengal, in New...

Hormuz disruption remains most consequential variable for India’s external, price outlook: Finance Ministry review

Business
NEW DELHI: The duration of the disruption in the Strait of Hormuz remains the "single most consequential variable" for India's external sector and inflation...

Centre notifies levies on exports of petrol, diesel and aviation turbine fuel for fortnight beginning today

Business
NEW DELHI : The Central Government has revised the export levies on petrol, diesel and aviation turbine fuel for the fortnight beginning today. The...

Gold, Silver imports to turn costlier: Govt doubles Duty to 10% after PM Modi’s Forex Warning

COMMERCE
NEW DELHI: The Centre has doubled the import duty levied on gold, silver and platinum to 10%, with effect from the midnight of May...

Finance Ministry flags rising external risks as trade deficit and CAD expand

Economy
NEW DELHI: External sector pressures are building up for the Indian economy amid a volatile global backdrop, with recent data from the Finance Ministry's...

CBIC holds outreach programme on Duty Deferment Scheme for manufacturer importers in New Delhi

Customs
NEW DELHI: In pursuance of the key trade facilitation initiative announced in the Union Budget 2026-27, the Central Board of Indirect Taxes & Customs...

Parliament passes Finance Bill 2026

Business
NEW DELHI: Parliament on Friday passed the Finance Bill, 2026, with the Rajya Sabha giving its nod to the legislation after it was approved...

US tariffs have “no influence” on customs duty overhaul announced in Budget: Sitharaman

Business
NEW DELHI: The Union Finance Minister Smt. Nirmala Sitharaman said that the United States (US) tariffs have "no influence on customs duty overhaul." "Custom duty...
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