Finance Ministry

The Indian Finance Ministry Denies Reports of GST On UPI Transactions Over Rs 2,000

The Ministry of Finance has categorically denied recent claims that the government is planning to impose Goods and Services Tax (GST) on Unified Payments Interface (UPI) transactions over Rs 2,000. In an official statement released Friday, the ministry stated that such reports are "completely false, misleading, and without any basis."...

Who Is Madhabi Puri Buch? As Her Term Nears End, Finance Ministry Begins Search For New SEBI Chairperson

The Ministry of Finance has initiated the process of appointing a new chairperson for the Securities and Exchange Board of India (SEBI), with the term of the current chairperson, Madhabi Puri Buch, set to conclude on February 28, 2024. The finance ministry has published a vacancy notice inviting applications for...