Finance Minister News

As per sources, the government on Friday announced that they will not be charging tax on overseas spending of up to Rs 7 lakh in a year using debit or credit cards. The decision came just after a few days when the decision of levying Tax Collection at Source (TCS) on all spend...

The new rules for the use of international credit cards have been changed after the central government issued a late-night notification on Tuesday (May 16), under the Foreign Exchange Management Act, bringing it under the Liberalised Remittance Scheme (LRS). As a result of the...

Prime Minister Narendra Modi while addressing the World Bank’s organised conference “Making it Personal: How behavioural change can tackle climate change” called for people’s participation and collective effort to fight against climate change. He asserted that ...

Union finance minister Nirmala Sitharaman reached Washington on Sunday for a week-long visit to attend the 2023 Spring meetings of the World Bank Group and International Monetary Fund and other G20 meetings. Over 350 delegates from G20 members and 13 invitee countries will als...

Union Finance Minister Nirmala Sitharaman, today will move the financial bill 2023 to give effect to the financial proposals for the central government. The grant was passed in Parliament yesterday. Without discussion, the Lok Sabha passed the Union Budget earlier yesterday as...