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The Latest Breaking News from Finance

'Pattern of secrecy': Libs call for audit on federal infrastructure spend in ACT

The call follows corruption findings involving the CFMEU.

The Canberra Times

Taxation laws amendment bill tabled in Lok Sabha: What the new tax bill changes for foreign investors

Finance Minister Nirmala Sitharaman introduced the Taxation and Other Laws (Amendment) Bill, 2026, proposing simpler rules for offshore investment funds managed from India to claim tax exemptions. The bill removes several eligibility conditions, including investor and corpus limits, while offering tax incentives for electronics, diamond trade and foreign investors.

The Economic Times

UP government presents first supplementary Budget worth Rs 59,019.54 crore amid Samajwadi Party protest

Uttar Pradesh tabled its first supplementary Budget for 2026-27, seeking additional expenditure of over Rs 59,000 crore. Proceedings were disrupted by Samajwadi Party members protesting alleged theft at the Ram temple. The largest allocations are proposed for heavy industries, rural development, and the energy sector. Finance Minister Suresh Kumar Khanna…

The Economic Times

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New savings programme expected in September

The Ministry of Finance is scheduled to roll out the Thailand Individual Savings Account (TISA) by September to further promote household savings following the success of the government retail bond programme dubbed “Aom Plus” (Savings Plus).

Bangkok Post

Taxation laws amendment bill: Government proposes simplified exemption framework for offshore funds

A bill will soon simplify offshore investment fund rules. This aims to attract more foreign capital into India. Tax exemptions will be offered for global income of funds. Foreign companies storing electronic components will also get exemptions. These measures will boost India's position as an investment hub.

The Economic Times

Scott Bessent Says America 'Delivers' for 'Trusted Partners' as US, Japan Confirm Joint Yen Intervention: Economist Says Goal Is to 'Buy Time'

The U.S. Treasury joined Japan’s Ministry of Finance in a coordinated yen-buying operation, with officials from both countries pledging to intervene again if disorderly market conditions continue.

Benzinga

Meet the federal public sector's most influential people

Part 1: the public servants who are steering the ship.

The Canberra Times

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Indian Statistical Institute Bill, Bankers' Books Evidence Bill likely to be introduced in Lok Sabha on Monday

The government plans to advance its legislative agenda during the monsoon session. Two bills are scheduled for introduction in the Lok Sabha next week. The Finance Minister will present Demands for Excess Grants for the previous year. The Registration of Births and Deaths (Amendment) Bill will also be presented. Parliament's…

The Economic Times

UK finance minister John Healey to present first Budget on October 28

Britain's new Finance Minister John Healey will present his first Budget on October 28, pledging to maintain the government's fiscal rules despite growing pressure on public spending.

The Times of India

Thailand seeks to lift investment

Thailand aims to raise total investment to 30% of GDP to escape the middle-income trap and achieve high-income status within the next 12 years, Finance Minister Ekniti Nitithanprapas said.

Bangkok Post

Housing approvals rebound, but still behind targets

The number of dwellings granted approval has hit a five-year high, but national housing levels still lag behind federal targets.

AAP

Bengal govt tables 28 pending CAG reports, accuses TMC of 'constitutional lapse'

West Bengal's BJP government tabled twenty-eight pending CAG reports in the Assembly. The Finance Minister cited a constitutional lapse by the previous TMC government. A special session will convene to discuss the reports' findings and state finances. These reports cover various departments and sectors, detailing financial accounts and audits. The…

The Economic Times

Finance minister Nirmala Sitharaman asks I-T officials to ease burden on honest taxpayers

Finance Minister Nirmala Sitharaman urged tax officials to ensure taxpayer convenience. She stressed firm action against tax evasion and economic certainty. Officials must adopt an empathetic approach while enforcing tax laws. Sitharaman outlined five priorities for the Income Tax Department. She advised officials to exercise their powers with humility and…

The Economic Times

Thailand ‘needs to speed clean energy shift’

Thailand faces growing risks of another surge in global oil prices as geopolitical tensions in the Middle East threaten energy supplies, highlighting the urgent need to accelerate the country’s transition to clean energy, vice-Finance Minister Santitarn Sathirathai said on Friday.

Bangkok Post

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Bangkok Post

Welfare card rules rejigged

The Finance Ministry has revised the eligibility criteria for the state welfare card scheme, allowing owners of older vehicles to retain their benefits while extending the deadline for unsuccessful applicants to appeal until Sept 20.

Bangkok Post

Finance minister vows to raise Thai competitiveness

The government wants Thailand to break into the top 20 in a global competitiveness ranking over the next four years, rising from 26th.

Bangkok Post

Ministry taps public-private projects to ease fiscal strain

The Finance Ministry is fast-tracking public-private partnership (PPP) projects, with total PPP investment expected to exceed 130 billion baht over the next three years.

The National (Scotland)

SNP will not step in to stop cuts to Scottish island flights, Stephen Flynn says

SCOTTISH Transport Secretary Stephen Flynn has said the SNP Government will not step in with funding after flights serving the Highlands and Islands…

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Bangkok Post

Stronger European links needed

Speaking at the National Press Council of Thailand on July 4, Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas gave one of the clearest recent statements of the government's economic thinking: Thailand is being hit by global shocks it cannot control and domestic weaknesses it can no longer defer. Investment,…

Bangkok Post

Ministry seeks to bridge economies at global summit

Thailand will champion its role as a "connected economy", helping to bridge a fragmented world at this October's International Monetary Fund-World Bank Annual Meetings, says Finance Minister Ekniti Nitithanprapas.

The Canberra Times

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The Economic Times

Supreme Court to hear pleas seeking probe into Ram temple donations row on July 13

The Supreme Court will hear pleas concerning alleged Ram temple donation embezzlement on July 13. An Ayodhya court granted police remand for three accused in the theft case. Eight individuals were previously sent to judicial custody by a local court. Petitioners seek a CBI probe and CAG audit of temple…

Bangkok Post

Appeal for energy reforms as oil prices still fluctuate

Global crude oil prices remain highly volatile due to geopolitical factors, underscoring the need for Thailand to urgently address its structural weaknesses, says Finance Minister Ekniti Nitithanprapas.

Bangkok Post

Ekniti: Act swiftly to avoid crisis

Thailand must act quickly to stem its mounting current account deficit before it spirals into a current account crisis, says Finance Minister Ekniti Nitithanprapas.

Bangkok Post

Strong medicine for a sick economy

Listening attentively for 52 minutes to Deputy Prime Minister and Finance Minister Ekniti Nitithanprapas' diagnosis of Thailand's deep economic malaise, one could easily have suffered a heart seizure. Fortunately, he used the analogy of a patient with cancer who must determine what treatments are required to cure the disease in…

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