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Ministry of Finance

Articles tagged “Ministry of Finance” on GK24.

Articles

Economy
Centre Releases Rs 1,09,019 Crore Tax Devolution Early
The Union Government released a tax devolution instalment of Rs 1,09,019 crore to 28 states on 5 November 2026, five days ahead of the usual date, for the festive season.
5 November 2026 · 2 min read
Economy
Centre Releases Rs 1,09,019 Crore Tax Devolution to States
The Union Government released an extra tax devolution instalment of Rs 1,09,019 crore to 28 state governments on 31 October 2026 before the festive season.
31 October 2026 · 2 min read
Economy
Cotton Import Duty Exemption Extended to 31 December 2026
The Centre has extended the customs duty exemption on cotton imports by two months, up to 31 December 2026, to ease raw material supply for the textile industry.
31 October 2026 · 2 min read
National
DRI Seizes 55,000 E-Cigarettes at Kolkata's SMP Port
The DRI seized around 55,000 smuggled e-cigarettes worth Rs 13.50 crore from two containers at Syama Prasad Mookerjee Port, Kolkata, on 24 October 2026.
28 October 2026 · 2 min read
National
DRI Seizes 7.1 Kg Amphetamine and 3.1 Kg Cocaine, Three Held
The Directorate of Revenue Intelligence seized about 7.1 kg amphetamine and 3.1 kg cocaine in three operations at Bengaluru, Nagpur and Delhi, arresting three people.
19 October 2026 · 2 min read
Banking & Finance
IDBI Bank Stake: Ministry Cites 2003 Repeal Act and Court Ruling
The Finance Ministry said on 17 October 2026 that the IDBI (Repeal) Act, 2003 carries no bar on the Government reducing or divesting its stake in IDBI Bank.
17 October 2026 · 2 min read
National
DRI Seizes 7.8 kg Smuggled Gold in Eastern Region, Six Held
The Directorate of Revenue Intelligence seized about 7.8 kg of foreign-origin gold worth over Rs 11.50 crore in the eastern region and arrested six persons.
11 October 2026 · 2 min read
Summits & Conferences
Fifth Kautilya Economic Conclave Concludes in New Delhi
The fifth Kautilya Economic Conclave, on the theme Resilience in an Age of Flux, ended in New Delhi after three days of talks on India's economic priorities.
10 October 2026 · 2 min read
Summits & Conferences
5th Kautilya Economic Conclave: Resilience in an Age of Flux
The 5th Kautilya Economic Conclave will be held in New Delhi from 3 to 5 October 2026 on the theme Resilience in an Age of Flux, said the Finance Ministry.
1 October 2026 · 2 min read
Economy
DRI Seizes 6.61 kg Smuggled Gold Worth Rs 10.36 Crore, 11 Held
The Directorate of Revenue Intelligence broke up a pan-India gold smuggling syndicate, seizing 6.61 kg of foreign gold worth about Rs 10.36 crore and arresting 11.
28 September 2026 · 2 min read
Economy
NLMC Board Clears Assets Worth Over Rs 5,000 Crore
The National Land Monetization Corporation's board has recommended surplus land and buildings valued at over Rs 5,000 crore for monetisation at its 21st meeting.
19 September 2026 · 2 min read
Banking & Finance
Bankers' Books Evidence Act 2026 in Force from 1 October
The Finance Ministry says the Bankers' Books Evidence Act, 2026, which replaces the 1891 law, will come into force on 1 October 2026 under a notification of 10 September.
11 September 2026 · 2 min read
Economy
DRI Seizes 41 kg Smuggled Gold Worth Rs 62 Crore Across India
The Directorate of Revenue Intelligence seized about 41 kg of foreign-origin gold in six operations across India and arrested 24 people, three of them foreigners.
10 September 2026 · 2 min read