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Finance Ministry

Public sector banks and RRBs will remain open on September 27 ahead of a three-day strike over the five-day working week and PLI scheme.

PIB Fact Check debunks the claim that RBI and the Finance Ministry asked banks to stock ATMs with cash before the UPI fee rollout.

PM Modi praised Jan Dhan Yojana as it completed 12 years, highlighting its role in financial inclusion and formal banking access.

The government said UPI payments will remain free for consumers, while any future MDR would apply only to select merchant transactions.

The government has proposed allowing MDR on high-value UPI and RuPay transactions through amendments to the Payment and Settlement Systems Act.

Fuel export duties have changed again, with fresh revisions in petrol, diesel and ATF taxes likely to draw attention across sectors.

FM Sitharaman said LIC independently makes investments, stressing that Adani-related decisions followed strict due diligence and established regulatory procedures.

The Finance Ministry sent a proposal to the GST Council for a new two-tier GST structure with rates of 5% and 18% for all goods.

Home Minister Amit Shah will lead talks with states and ministries to fast-track the long-pending GST overhaul.

India’s business aviation sector has urged the government to scrap high aircraft import duties and adopt an operations-based tax model.