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The Latest Breaking News from Finance

Lok Sabha passes Finance Bill 2022; FM blames Russia-Ukraine conflict for rising fuel prices

The discussion on the Bill took place by deferring the time usually allotted for private members’ bills in the House

The Hindu

States yet to receive Rs 53,000 crore from Centre as GST compensation

NEW DELHI: Finance minister Nirmala Sitharaman said on Friday the payment of around Rs 53,000 crore is pending as goods and services tax (GST) compensation to states for the current financial year.

The Times of India

Lok Sabha updates March 25, 2022

House passes Finance Bill 2022.

The Hindu

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No plan to regularise contract staff: FM

AMARAVATI: Finance minister Buggana Rajendranath told the assembly that there was no proposal to regularise contract employees in the state. He said that about 2,602 were working in different departments on contract basis for long.

The Times of India

Windfall profits tax, consumer rebate options under discussion

WASHINGTON — Senate Finance Committee Democrats are discussing ways to tax large oil and gas companies’ excess profits that could be tied to the recent spike in global crude oil prices and use the revenue to provide financial support to consumers impacted by higher costs at the pump.

Tribune News Service

‘Reforms being undertaken for transparency and enhanced administration’

They include a beneficiary-centric form of governance, says Finance Minister

The Hindu

AIADMK stages walkout, boycotts proceedings in the Assembly

Palaniswami tries to speak during Finance Minister’s reply, but Speaker refuses to allow him

The Hindu

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Windfall profits tax, consumer rebate options under discussion - Roll Call

Driven by sharply higher gas prices, Democrats are discussing ways to tax large oil and gas companies' excess profits and return the money to consumers.

Roll Call

JOB OF THE WEEK: Finance Manager with Shell

The latest job from our sister site GAAPweb

Birmingham Post

Wana Brands Names Finance And Business Leader Sandy Li Chief Financial Officer

Wana Brands, of cannabis edibles fame, announced it has appointed Sandy Li as its new chief financial officer, as the company continues its expansion into new markets as well as innovating an ever-growing list of new products.

Benzinga

30,453 vacant posts notified

The Finance department on Wednesday gave its nod for recruitment of 30,453 posts in different departments on Wednesday and this was followed by issuance of orders from the respective departments within a short while. Finance Minister T. Harish Rao convened a meeting with senior officials headed by Chief Secretary Somesh…

The Hindu

Kollam dairy farmers’ meet begins today

The Dairy Development department will organise a two-day district-level dairy farmers’ meet at Nedumankavu in Kollam on March 23 and 24. Minister for Animal Husbandry and Dairy Development J. Chinchurani will inaugurate the meet and Finance Minister K.N. Balagopal will inaugurate the Ksheera Gramam project. A workshop for dairy farmers,…

The Hindu

Ukraine needs a 'Marshall Plan' - German finance minister

Ukraine needs a Marshall Plan to deal with the consequences of Russia's invasion, German Finance Minister Christian Lindner said on Tuesday.

Reuters

EPFO interest rate better than other schemes, reflects today's realities: Finance minister

NEW DELHI: Finance minister Nirmala Sitharaman on Monday defended a proposal to cut interest rate paid on employees' provident fund deposits to over four-decade low of 8.1 per cent, saying the rate is dictated by today's realities where interest rate on other small saving instruments was even lower.

The Times of India

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Insider UK

Finance Secretary urges Chancellor to provide more support amid rising living costs

Kate Forbes writes to Rishi Sunak urging him to match the 6% uprate on social security benefits

The Hindu

399 candidates recruited, 1,897 shortlisted at job fair

Minister inaugurates ‘Pratheeksha’ mega job fair at FMNC

The Hindu

Huge expenditure on welfare schemes by Modi government hitting public finances: Yashwant Sinha

Mr. Sinha in an interview said the shocking thing is nobody seems to be worried about the state of government finances, including those in the government.

The Hindu

Pandemic, floods impacted State’s Own Tax Revenue in 2021-22

Finance Minister announces incremental reforms to plug revenue leakages

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The Hindu

Kerala Assembly adjourns sine die

Balagopal introduces Finance Bill

The Hindu

T.N. will fight for legitimate rights of all States: Finance Minister

‘We are concerned about attempts to erode federal structure in polity’

The Hindu

TN Budget: Technology hub, start-up hub centre to be set up in Chennai

Regional start-up hubs will be set up in Erode, Madurai and Tirunelveli; a corpus of ₹30 crore will be provided to TANSIM to support start-ups by SC and ST entrepreneurs, the Finance Minister announced

The Hindu

TN Budget: Fiscal deficit falls to 3.80% from 4.61%, revenue deficit too declines

The government is laying a fiscal path to reduce the revenue deficit in a phased manner, TN Finance Minister Palanivel Thiaga Rajan says

The Hindu

TN Budget: Govt. proposes major plans to decongest vehicular traffic in Chennai

It is keen on reviving Maduravoyal-Chennai Port elevated corridor project, says Finance Minister Palanivel Thiaga Rajan

Reuters

French Ukraine crisis resilience plan will cost 25-26 billion euros - minister

French Finance Minister Bruno Le Maire on Wednesday put at between 25 billion euros and 26 billlion euros the total cost of measures to help mitigate the impact on the French economy of sanctions against Russia.

The Times of India

Rs 1.3 lakh crore given to poor through DBT, says Andhra Pradesh finance minister Buggana Rajendranath

AMARAVATI: Finance minister Buggana Rajendranath said the state government has transferred over Rs 1.3 lakh crore to the eligible poor through Direct Benefit Transfer (DBT) in the last 34 months.

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