Rs 75 Coin To Be Launched On May 28, Marking Parliament Inauguration
To commemorate the launch of the new parliament building, the Union Government announced to launch a Rs 75 coin. The Union Finance Ministry issued a notification and confirmed the launch of the coin, which will be of 35 gm, 44 mm in diameter. The front side of the coin will feature the Lion Capital of the Ashoka Pillar with ‘Satyamev Jayate’ written. The coin will be launched on May 28.… read-more
Tags: parliament, rs 75 coin, Union Finance Ministry, Government of India, Launch
Courtesy: The Indian Express
Won't Levy Charges On UPI Transactions, Confirms Union Finance Ministry
In a major relief to UPI users, the Union Finance Ministry confirmed not to levy any charges on UPI transactions in India. On the evening of August 21, the ministry tweeted, " There is no consideration in Govt to levy any charges for UPI services." The clarification came after there were rumours that UPI transactions will now be chargeable, imposed by the Modi-led government.
Tags: Union Finance Ministry, No Levy Charges, UPI Transactions, PM Modi Government, Rumours
Courtesy: India TV News
Ministry Of Finance Releases Post, Confirms IT Raids At 27 Locations
The Income Tax department conducted raids in 27 locations in Mumbai and Delhi NCR on July 5, said Union Finance Ministry on July 26. The search was on a group engaged inagro and textile business, mostly involved in the manipulation of performance of certain group companies on stock markets. Furthermore, the Union Ministry also confirmed unaccounted cash of Rs 1.4 crore has been seized during the search operations.
Tags: Union Finance Ministry, Income Tax, Raids, Mumbai, Delhi-NCR