Tag: Finance Ministry

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India Imposes Three-Year Import Tariff on Steel to Protect Domestic Industry

The Union Finance Ministry has announced a three-year safeguard duty on certain steel imports, aimed at protecting domestic manufacturers from a surge in cheap...

Union Budget 2025-26: Borrowing Leads Government Revenue, Income Tax Second Largest Contributor

Budget breakdown shows 24% reliance on borrowings, 22% from income tax, and major allocations to states, interest payments, and development programs.