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The Latest Breaking News from Finance

Windfall profits tax, consumer rebate options under discussion

WASHINGTON — Senate Finance Committee Democrats are discussing ways to tax large oil and gas companies’ excess profits that could be tied to the recent spike in global crude oil prices and use the revenue to provide financial support to consumers impacted by higher costs at the pump.

Tribune News Service

‘Reforms being undertaken for transparency and enhanced administration’

They include a beneficiary-centric form of governance, says Finance Minister

The Hindu

AIADMK stages walkout, boycotts proceedings in the Assembly

Palaniswami tries to speak during Finance Minister’s reply, but Speaker refuses to allow him

The Hindu

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Windfall profits tax, consumer rebate options under discussion - Roll Call

Driven by sharply higher gas prices, Democrats are discussing ways to tax large oil and gas companies' excess profits and return the money to consumers.

Roll Call

JOB OF THE WEEK: Finance Manager with Shell

The latest job from our sister site GAAPweb

Birmingham Post

Wana Brands Names Finance And Business Leader Sandy Li Chief Financial Officer

Wana Brands, of cannabis edibles fame, announced it has appointed Sandy Li as its new chief financial officer, as the company continues its expansion into new markets as well as innovating an ever-growing list of new products.

Benzinga

30,453 vacant posts notified

The Finance department on Wednesday gave its nod for recruitment of 30,453 posts in different departments on Wednesday and this was followed by issuance of orders from the respective departments within a short while. Finance Minister T. Harish Rao convened a meeting with senior officials headed by Chief Secretary Somesh…

The Hindu

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Kollam dairy farmers’ meet begins today

The Dairy Development department will organise a two-day district-level dairy farmers’ meet at Nedumankavu in Kollam on March 23 and 24. Minister for Animal Husbandry and Dairy Development J. Chinchurani will inaugurate the meet and Finance Minister K.N. Balagopal will inaugurate the Ksheera Gramam project. A workshop for dairy farmers,…

The Hindu

Ukraine needs a 'Marshall Plan' - German finance minister

Ukraine needs a Marshall Plan to deal with the consequences of Russia's invasion, German Finance Minister Christian Lindner said on Tuesday.

Reuters

Finance Secretary urges Chancellor to provide more support amid rising living costs

Kate Forbes writes to Rishi Sunak urging him to match the 6% uprate on social security benefits

Insider UK

399 candidates recruited, 1,897 shortlisted at job fair

Minister inaugurates ‘Pratheeksha’ mega job fair at FMNC

The Hindu

Huge expenditure on welfare schemes by Modi government hitting public finances: Yashwant Sinha

Mr. Sinha in an interview said the shocking thing is nobody seems to be worried about the state of government finances, including those in the government.

The Hindu

Pandemic, floods impacted State’s Own Tax Revenue in 2021-22

Finance Minister announces incremental reforms to plug revenue leakages

The Hindu

Kerala Assembly adjourns sine die

Balagopal introduces Finance Bill

The Hindu

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The Hindu

T.N. will fight for legitimate rights of all States: Finance Minister

‘We are concerned about attempts to erode federal structure in polity’

The Hindu

TN Budget: Technology hub, start-up hub centre to be set up in Chennai

Regional start-up hubs will be set up in Erode, Madurai and Tirunelveli; a corpus of ₹30 crore will be provided to TANSIM to support start-ups by SC and ST entrepreneurs, the Finance Minister announced

The Hindu

TN Budget: Fiscal deficit falls to 3.80% from 4.61%, revenue deficit too declines

The government is laying a fiscal path to reduce the revenue deficit in a phased manner, TN Finance Minister Palanivel Thiaga Rajan says

The Hindu

TN Budget: Govt. proposes major plans to decongest vehicular traffic in Chennai

It is keen on reviving Maduravoyal-Chennai Port elevated corridor project, says Finance Minister Palanivel Thiaga Rajan

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Reuters

French Ukraine crisis resilience plan will cost 25-26 billion euros - minister

French Finance Minister Bruno Le Maire on Wednesday put at between 25 billion euros and 26 billlion euros the total cost of measures to help mitigate the impact on the French economy of sanctions against Russia.

The Hindu

More than ₹53,600 crore GST compensation yet to be released to states this fiscal: Finance Minister

So far this fiscal, ₹96,576 crore has been released to the States on account of GST compensation

The Hindu

LS nod for J&K Budget amid spat over Pandits’ exodus

Finance Minister accuses Congress of abandoning community

The Hindu

Sixth State Finance Commission submits report to Tamil Nadu Chief Minister

It was constituted in March 2020 to examine the financial situation of rural and urban local bodies

Reuters

EU members should keep budgets 'reactive' over Ukraine crisis - France

EU governments need to keep their fiscal stances "reactive" in the face of the current Ukraine crisis with targetted measures for households and firms, French Finance Minister Bruno Le Maire.

Reuters

Exclusive-Chile tax reform to focus on individuals, natural resources, finance minister says

Chile's tax reform, a key plank of new President Gabriel Boric's economic plan, will focus on individuals, natural resources and environmental levies more than corporations, Finance Minister Mario Marcel told Reuters in his first interview in office.

The Hindu

Kerala budget 2022 highlights

Kerala Finance Minister K.N. Balagopal presented the budget in the Assembly at 9 am

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