UPI Continues to Remain Free for Peer to Peer Transactions and 96% of Merchant Transactions
The new UPI framework introduced has no impact on any person to person transactions. UPI will continue to remain completely […]
Finance Ministry – Press Release
Bankers’ Books Evidence Act, 2026 to Come into Force from 1 October, Modernising and Simplifying the Use of Banking Records as Evidence in Legal Proceedings
The Government has consistently pursued reforms to strengthen the banking and financial sector, promote ease of doing business and modernise
Financial Intelligence Unit-India (FIU-IND) issues notices for non-compliance to 15 Virtual Digital Assets Service providers (VDA SPs) under Section 13 of the Prevention of Money Laundering Act (PML) Act, 2002
As part of compliance action against non-compliant entities, the Director, Financial Intelligence Unit-India (FIU-IND) has issued notices for non-compliance to
Government Signs Strategic MoUs with Industry Leaders to Strengthen India’s Startup Ecosystem and Support Digital, Cloud, AI and Entrepreneurial Innovation
The Department for Promotion of Industry and Internal Trade (DPIIT), Ministry of Commerce and Industry, has announced a series of
Union Government releases tax devolution of ₹1,09,019 crore to State Governments, as one advance instalment to accelerate their capital and developmental expenditure
The Union Government has released additional instalment of tax devolution to State Governments amounting to Rs. 1,09,019 crore on 01st
ECLGS 5.0 Crosses 4.11 Lakh Guarantees Worth Over ₹1.55 Lakh Crore, with 98% of Beneficiaries Being MSMEs and Businesses Gaining Stronger Liquidity Support
The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0, approved by the Union Cabinet on 5th May 2026, is delivering fast,
FM Nirmala Sitharaman Calls for Coordinated Global Action at the Global Convergence for Growth Summit, Highlighting the Disproportionate Impact of Conflicts on Developing Nations and the Global South, and Emphasizing the Need for Resilient, Diversified and Geographically Distributed Supply Chains to Sustain Inclusive Global Growth
Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman participated in the virtual meeting on Global Convergence for Growth
FIU-India and I4C Forge Landmark MoU to Strengthen Fight Against Cyber Fraud, Safeguard Digital Transactions, and Enhance Financial Crime Investigations & Asset Recovery in India
In a significant step towards strengthening India’s fight against cyber-frauds and financial crimes, the Financial Intelligence Unit-India (FIU-IND) and the
Redefining Growth: India’s Revised GDP Estimates and the New Measurement Framework
Key Takeaways Real GDP growth for 2025-26 is estimated at 6%, higher than the 7.1% recorded in 2024-25 Base year for
Launch of New Gross Domestic Product (GDP) Series with Revised Base Year 2022–23 by MoSPI
The Ministry of Statistics and Programme Implementation (MoSPI) is releasing the New Series of Annual and Quarterly National Accounts Estimates with
