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finance ministry

Tensions Over NBFC Liquidity Package Led to Internal Rift Within Finance Ministry During Budget Preparation

A behind-the-scenes account of high-level differences within the Finance Ministry during the formulation of a financial package for Non-Banking Financial Companies (NBFCs) reveals serious...

Govt. Notifies GST Rate Reduction On Cancer Drugs Reduced From 12% To 5%

The Ministry of Finance has notified the GST rate reduction on cancer drugs from 12% to 5%. In exercise of the powers conferred by section...