Ministry of Finance

UPI records 22.35 billion transactions in April 2026, continues digital payments momentum #google_vignette" target="_blank" rel="nofollow noopener">mid-day.com/news/india-new… via NaMo App

The Union Cabinet has approved Emergency Credit Line Guarantee Scheme 5.0 to provide credit guarantee coverage through National Credit Guarantee Trustee Company Limited to Member Lending Institutions for extending additional credit support to eligible business borrowers in view of the #WestAsia situation. By providing timely liquidity, the scheme will sustain the businesses & prevent job losses. Read more: pib.gov.in/PressReleasePa… #CabinetDecisions

Credit Lifeline For Businesses Strengthened! A timely boost for businesses in challenging global conditions. Cabinet approves ECLGS 5.0, offering a strong credit lifeline to help industries manage cash flow amid the West Asia situation. This Rs 2.55 lakh crore initiative strengthens economic resilience and safeguards growth. #CabinetDecisions

The Emergency Credit Line Guarantee Scheme (ECLGS) 5.0 approved by the Cabinet reflects our commitment to supporting India’s businesses, especially the MSME sector in challenging global times. By enabling additional credit flow with strong guarantee coverage, this initiative will help a wide range of sectors. Our focus remains on empowering enterprises, sustaining growth momentum and safeguarding livelihoods. pib.gov.in/PressReleasePa…

Union Minister for Finance and Corporate Affairs Smt @nsitharaman and Ms. @RachelReevesMP, Chancellor of the Exchequer of United Kingdom @hmtreasury, interacted virtually today. Both leaders discussed various economic issues concerning both countries, including current global macroeconomic scenario, strengthening India and UK economic and financial partnership in areas of mutual interest.

Data on Gross Direct Tax (DT) collections, Refunds and Net Direct Tax (DT) collections for FY 2025-26 as on 31.03.2026 has been released. The data is available on the national website of Income Tax Department at the following link: incometaxindia.gov.in/documents/d/gu… @nsitharamanoffc @officeofPCM @FinMinIndia @PIB_India

#QuantumAI SCAM ALERT! A viral claim is doing the rounds on the internet, promoting a 'Quantum AI' investment scheme in the name of Union Finance Minister @nsitharaman , and is promising a return of ₹40 Lakh on an investment of ₹22,000 with no risks and a 100% government guarantee. #PIBFactCheck: ❌ This claim is #FAKE. ✅ No such scheme exists or is being endorsed by the Finance Minister or the Government of India. ➡️ Beware! Always verify from official sources for authentic information. ➡️If you come across any such misleading content related to the Government of India, report it immediately: 📲 WhatsApp: +91 8799711259 📩 Email: factcheck@pib.gov.in

CCIT (International Taxation) North Zone, Smt. Pallavi Agarwal organised a Mega Outreach Programme titled ‘Bridging Borders, Building Trust’ at New Delhi on 28th April, 2026. The outreach aimed to raise awareness among stakeholders of the provisions of the new Income-tax Act, 2025, the Income-tax Rules, 2026, and the new forms, with an emphasis on International Taxation, Transfer Pricing, and Advance Pricing Agreements. ➡️Member (Legislation), CBDT, Sh. Prasenjit Singh, in his keynote address, emphasized upon simplification, decriminalization of the Act & ongoing efforts towards trust-based, data-driven compliance. ➡️Pr.CCIT (International Taxation), Ms. Monica Bhatia highlighted certainty, consistency & credibility in tax administration. The outreach event was also graced by Pr.CCIT, Delhi, Sh. Anand Jha. ➡️Session on creating awareness regarding the new Income-tax Act, 2025 and the Income-tax Rules 2026 was conducted by Smt. Kalpana Singh, CIT (HQ) O/o Pr.CCIT (International Taxation). ➡️Over 150 stakeholders participated in the outreach which included tax professionals & practitioners, industry experts including Tax Heads of MNEs and officers of the Department. There was enthusiastic participation in the Open House discussion, and a number of inputs & suggestions were shared. ➡️Highlights included release of International Taxation brochures, demo of “Kar Sathi” platform, and technical sessions on IT, TP & APAs. ➡️The Department reaffirmed its commitment to a transparent, stable & non-adversarial tax regime. ...(1/2) Details in Press Release: pib.gov.in/PressReleasePa… @nsitharamanoffc @officeofPCM @FinMinIndia @PIB_India

Shri Anand Kumar Pal, Chief Adviser (Cost), Department of Expenditure - Ministry of Finance (@FinMinIndia), calls on Smt @nsitharaman.

#QuantumAI SCAM ALERT! A viral claim is doing the rounds on the internet, promoting a 'Quantum AI' investment scheme in the name of Union Finance Minister @nsitharaman, and is promising a return of ₹25.5 Lakh on an investment of ₹25,000 in just 30 days. #PIBFactCheck: ❌ This claim is #FAKE. ✅ No such scheme is being endorsed by the Finance Minister or the Government of India. ➡️ Beware! Always verify from official sources for authentic information. 🛑 Help STOP misinformation If you come across any such misleading content related to the Government of India, report it immediately: 📲 WhatsApp: +91 8799711259 📩 Email: factcheck@pib.gov.in

Sh. Surjit Bhujabal, Special Secretary, GoI & Member, CBIC visited Bomdila and held a detailed interaction with stakeholders, including members of the trade and industry. 👉Various GST-related compliance issues and grievances were discussed at length and guidance was provided to facilitate smoother compliance and strengthen taxpayer services.

Economic offenders are being brought to justice with firm action. With 809 prosecution complaints filed, 21 fugitive offenders declared and ₹1,930 crore in assets confiscated, ED continues to safeguard India’s financial system, reinforcing transparency, accountability and trust in the nation’s economic future. #EDDay #70YearsOfED @dir_ed @FinMinIndia

The Ministry of Finance @FinMinIndia releases Monthly Economic Review #MER for April 2026. For full report ➡️ dea.gov.in/files/monthly_… Key highlights 👇

🚨FAKE NEWS! An order circulating on social media claims to be issued by the Ministry of Petroleum and Natural Gas, stating that petrol and diesel prices have been increased by ₹10 and ₹12.50, respectively. #PIBFactCheck: ❌ This order is #FAKE . ✅ The Government of India has NOT issued any such Order. ▶️ Always VERIFY such news only through official government sources. 🛑 Help STOP misinformation. Flag suspicious content to @PIBFactCheck 📲 WhatsApp: +91 8799711259 📩 Email: factcheck@pib.gov.in

Watch Live: Smt @nsitharaman’s address at NITTE (Deemed to be University) - @aboutnitte, Mangaluru, Karnataka. twitter.com/i/broadcasts/1…

Smt @nsitharaman felicitated trainees who successfully completed training at the Indian Institute of Gems & Jewellery, Udupi. ​​ಶ್ರೀಮತಿ @nsitharaman ಅವರು ಉಡುಪಿಯ 'ಇಂಡಿಯನ್ ಇನ್ಸ್ಟಿಟ್ಯೂಟ್ ಆಫ್ ಜೆಮ್ಸ್ ಅಂಡ್ ಜ್ಯುವೆಲ್ಲರಿ'ಯಲ್ಲಿ ಯಶಸ್ವಿಯಾಗಿ ತರಬೇತಿ ಪೂರೈಸಿದ ಅಭ್ಯರ್ಥಿಗಳನ್ನು ಸನ್ಮಾನಿಸಿದರು.

ಕರ್ನಾಟಕದ ಉಡುಪಿಯಲ್ಲಿ ಇಂಡಿಯನ್ ಇನ್‌ಸ್ಟಿಟ್ಯೂಟ್ ಆಫ್ ಜೆಮ್ಸ್ ಅಂಡ್ ಜ್ಯುವೆಲ್ಲರಿ (ಐಐಜಿಜೆ) ಸಂಸ್ಥೆಯ ನೂತನ ಆವರಣದ ಉದ್ಘಾಟನಾ ಸಮಾರಂಭದಲ್ಲಿ ಶ್ರೀಮತಿ ನಿರ್ಮಲಾ ಸೀತಾರಾಮನ್ ಅವರು ಸಭೆಯನ್ನು ಉದ್ದೇಶಿಸಿ ಮಾತನಾಡಿದರು. ಈ ಸಂದರ್ಭದಲ್ಲಿ ಗೌರವಾನ್ವಿತ ಲೋಕಸಭಾ ಸಂಸದರಾದ ಶ್ರೀ ಕೋಟ ಶ್ರೀನಿವಾಸ ಪೂಜಾರಿ ಮತ್ತು ಶಾಸಕರಾದ ಶ್ರೀ ಯಶ್‌ಪಾಲ್ ಆನಂದ್ ಸುವರ್ಣ ಅವರು ಉಪಸ್ಥಿತರಿದ್ದರು.

ಲ್ಯಾಬ್-ಗ್ರೋನ್ ಡೈಮಂಡ್ (LGD) ತಂತ್ರಜ್ಞಾನದಲ್ಲಿ ವಿಶೇಷವಾದ ಮತ್ತು ಉದ್ಯಮ ಆಧಾರಿತ ಪ್ರಮಾಣೀಕೃತ ಕೋರ್ಸ್ ಅನ್ನು ಆರಂಭಿಸಲು, ಇಂಡಿಯನ್ ಇನ್ಸ್ಟಿಟ್ಯೂಟ್ ಆಫ್ ಜೆಮ್ಸ್ ಅಂಡ್ ಜ್ಯುವೆಲ್ಲರಿ (IIGJ) ಮತ್ತು ಐಐಟಿ ಮದ್ರಾಸ್ ನಡುವೆ ಇನ್ಸೆಂಟ್ (InCent) ಎಲ್ಜಿಡಿ ವೇದಿಕೆಯಡಿ ನಡೆದ ಒಡಂಬಡಿಕೆಗೆ ಶ್ರೀಮತಿ ನಿರ್ಮಲಾ ಸೀತಾರಾಮನ್ ಅವರು ಸಾಕ್ಷಿಯಾದರು. ಈ ತರಬೇತಿ ಕಾರ್ಯಕ್ರಮವು ಕೌಶಲ್ಯದ ಕೊರತೆಯನ್ನು ನೀಗಿಸಲು, ಉದ್ಯೋಗಕ್ಕೆ ಸನ್ನದ್ಧರಾದ ವೃತ್ತಿಪರರನ್ನು ಸೃಷ್ಟಿಸಲು ಮತ್ತು ಮೌಲ್ಯವರ್ಧಿತ ಉತ್ಪಾದನೆಯನ್ನು ಉತ್ತೇಜಿಸಲು ಸಹಕಾರಿಯಾಗಲಿದೆ. ಇದು ಜಾಗತಿಕ ಎಲ್ಜಿಡಿ ಮೌಲ್ಯ ಸರಪಳಿಯಲ್ಲಿ ಭಾರತದ ಸ್ಥಾನವನ್ನು ಬಲಪಡಿಸುವುದಲ್ಲದೆ, 'ಮೇಕ್ ಇನ್ ಇಂಡಿಯಾ', 'ಸ್ಕಿಲ್ ಇಂಡಿಯಾ' ಹಾಗೂ ಸ್ವಾವಲಂಬಿ ಮತ್ತು ಜಾಗತಿಕವಾಗಿ ಸ್ಪರ್ಧಾತ್ಮಕವಾದ ಎಲ್ಜಿಡಿ ವ್ಯವಸ್ಥೆಯನ್ನು ಬಲಪಡಿಸುವ ಗುರಿಯನ್ನು ಹೊಂದಿದೆ. 2023-24ರ ಕೇಂದ್ರ ಬಜೆಟ್ನಲ್ಲಿ ಐಐಟಿ ಮದ್ರಾಸ್ನಲ್ಲಿ ಎಲ್ಜಿಡಿ ಸಂಶೋಧನೆಗಾಗಿ ಘೋಷಿಸಲಾದ ₹242 ಕೋಟಿ ಅನುದಾನವು ವಿಶ್ವದರ್ಜೆಯ ಪರಿಸರ ವ್ಯವಸ್ಥೆಯನ್ನು ನಿರ್ಮಿಸಲು ನೆರವಾಗುತ್ತಿದೆ. ಇನ್ಸೆಂಟ್ ಉಪಕ್ರಮದ ಅಡಿಯಲ್ಲಿ, ಭಾರತದ ಮೊದಲ ಸ್ವದೇಶಿ ವಿನ್ಯಾಸದ 'ಹೈ ಪ್ರೆಶರ್ ಹೈ ಟೆಂಪರೇಚರ್' (HPHT) ಎಲ್ಜಿಡಿ ಯಂತ್ರದ ಮಾದರಿಯನ್ನು ಅಭಿವೃದ್ಧಿಪಡಿಸಿ, ಐಐಟಿ ಮದ್ರಾಸ್ನಲ್ಲಿ ಅಳವಡಿಸಲಾಗಿದೆ. ಇದರೊಂದಿಗೆ, ಗುಣಮಟ್ಟದ ಮಾನದಂಡಗಳನ್ನು ಪರೀಕ್ಷಿಸಲು, ಆಮದು ಮಾಡಿಕೊಳ್ಳಲಾದ ವಾಣಿಜ್ಯ ಬಳಕೆಯ ಯಂತ್ರಗಳನ್ನೂ ಸಹ ಅಲ್ಲಿ ಸ್ಥಾಪಿಸಲಾಗಿದೆ.

Smt @nsitharaman witnessed the signing of an MoU between the Indian Institute of Gems & Jewellery and IIT Madras under the InCent LGD platform for a specialised, industry-oriented certification programme in lab-grown diamond technologies. The programme will help bridge critical skill gaps, create job-ready professionals, boost value-added manufacturing and strengthen India’s position in the global LGD (lab-grown diamond) value chain, aligned with Make in India, Skill India and the goal of a self-reliant, globally competitive LGD ecosystem. The ₹242 crore grant announced in the Union Budget 2023–24 for lab-grown diamond research at IIT Madras is helping build a world-class ecosystem. Under the InCent initiative, India’s first indigenously designed scaled prototype of a High Pressure High Temperature LGD machine has been developed and installed at IIT Madras, while imported commercial HPHT machines have also been installed for benchmarking.

Smt @nsitharaman addressed the gathering at the inauguration ceremony of the new premises of the Indian Institute of Gems & Jewellery (IIGJ) in Udupi, Karnataka. Shri Kota Srinivas Poojary (@KotasBJP), Hon’ble MP (LS) and Shri Yashpal Anand Suvarna (@YashpalBJP), MLA, were also present on the occasion.