Ministry of Finance

Official Account of the Ministry of Finance, Government of India.

[Ministry of Finance @FinMinIndia]

Union Minister for Finance & Corporate Affairs Smt. @nsitharaman participated in the virtual meeting on Global Convergence for Growth Summit, from New Delhi, today.

The Summit was held to bring together leaders of advanced and emerging economies to discuss ways of supporting a balanced growth anchored in an efficient global framework. French President H.E. Mr. @EmmanuelMacron presided over the Summit that witnessed participation of the top leadership from all the G7 nations, India, Brazil, China, Kenya, South Korea and IMF.

During her intervention at the Summit representing India, FM Smt. @nsitharaman said, “In today’s interconnected world, prosperity and challenges are shared, but the consequences of conflicts and uncertainty fall disproportionately on developing countries and the Global South. The situation demands coordinated global action. We must strengthen multilateral cooperation to build resilient economies, accelerate sustainable development, and ensure inclusive growth that benefits all.”

On the issue of global imbalances, the Union Finance Minister said, “Not all imbalances are alike, some reflect differences in demographics, development stages, resource endowments, or economic structures. Our focus should, therefore, remain on excessive and persistent imbalances while recognising that the scale of domestic needs varies significantly across countries.”

Speaking for the Global South, FM Smt. @nsitharaman further said, “The burden of adjustment should not fall disproportionately on countries that are not the drivers of these imbalances. India, like many developing economies, remains largely peripheral to both the origination and propagation of global imbalances; yet, we continue to face their spillover effects.”

Highlighting India's remarkable economic progress in recent years through the visionary leadership of Prime Minister Shri @narendramodi, and India’s commitment to the mantra of Reform, Perform, and Transform, the Union Finance Minister said, “Our growth is primarily domestic-demand led, with a largely market-determined exchange rate. India continues to be among the world’s fastest-growing major economies, with GDP growth projected to remain robust at around 7 percent over the medium term.”

FM Smt. @nsitharaman emphasised the need to strengthen confidence in multilateral institutions and ensure that they remain responsive to the needs of developing countries. She called for better, bigger, more effective and more representative Multilateral Development Banks that can deliver significantly greater financing to developing countries and emerging economies, noting that enhancing their financing capacity, operational agility and responsiveness will be critical.

The Union Finance Minister stated that the recent developments have highlighted the importance of resilient, diversified and geographically distributed supply chains, particularly for critical minerals, and focus on circularity, recycling and urban mining can address some of the sourcing challenges being collectively faced by the world.

India remains committed to working with all partners to build a more resilient, inclusive and prosperous global economy, and to advance shared solutions for shared growth, FM Smt. @nsitharaman said while concluding her remarks.

[Income Tax India @IncomeTaxIndia]

Under India’s chairship of the BRICS YTP Working Group, a virtual meeting on Best Practices on Modern Tax Administration was convened, bringing together experts from Egypt, Brazil, Russia and India to share experiences and innovations shaping modern tax administration. The discussion enabled a meaningful exchange of experiences on advancing more efficient, digital, and taxpayer-centric tax systems.

India presented its experience in modern tax administration, highlighting a shift towards trust-based, technology-enabled governance and taxpayer-centric service delivery. Key initiatives such as the NUDGE campaign and SAKSHAM showcased the use of data-driven, non-intrusive interventions to promote voluntary compliance, alongside broader reforms focused on simplification, digitalization and ease of doing business.

Reaffirming its role in fostering international tax cooperation, India remains committed to promoting knowledge exchange, strengthening collaboration, and supporting capacity building across BRICS countries.

[Nirmala Sitharaman Office @nsitharamanoffc]

Programme details of Smt @nsitharaman's visit to Tamil Nadu & Puducherry on 25th & 26th June, 2026.

[Income Tax India @IncomeTaxIndia]

💠 First Secretary (ITOU & Commerce), Embassy of India, Washington DC conducted an interactive session for Indian diaspora business, professional & community leaders on 23rd June 2026.

💠 The session provided a comprehensive overview of the Income-tax Act, 2025 and the recent taxpayer-centric reforms by CBDT.

💠 The session benefited from active engagement, valuable insights, and constructive feedback from participants, which will contribute to further strengthening India’s economic & tax ecosystem.

[CBIC @cbic_india]

Sh. Yogendra Garg, Special Secretary to the Government of India and Member (Customs) @cbic_india represented India at the 94th Session of the World Customs Organization @WCO_OMD Policy Commission Meeting in Brussels.

👉The policy commission guides the overall direction of the organisation, drives the WCO strategic plan, and oversees the standards setting relating to Customs.

[Income Tax India @IncomeTaxIndia]

💠 The Income Tax Overseas Unit, Embassy of India, Washington DC, in partnership with the US-India Strategic Partnership Forum, hosted a Corporate Briefing & Interactive Seminar on the Income-tax Act, 2025 on 22nd June 2026.

💠 Experts from the Central Board of Direct Taxes highlighted key reforms aimed at enhancing ease of doing business and compliance. PwC joined as knowledge partner for an engaging discussion with industry stakeholders.

[Narendra Modi @narendramodi]

Pleased to meet National Security Advisors and senior security officials of BRICS countries.

In a changing global landscape, BRICS has a vital role in deepening security cooperation and addressing shared challenges, from terrorism and cyber security to emerging technologies.

India’s Chairmanship will seek to advance practical cooperation, support the priorities of the Global South and contribute to a safer, more secure and inclusive world.

@BricsIndia2026

[Income Tax India @IncomeTaxIndia]

💠 The Income Tax Overseas Unit (ITOU) Singapore, under High Commission of India, Singapore participated in the Knowledge Session “Navigating India’s New Income Tax Act and Emerging Tax Jurisprudence” hosted by ICAI Singapore Chapter on 22 June 2026.

💠Mr. Sanyam Joshi, First Secretary (ITOU) spoke about the rationale and philosophy behind India’s new Income-tax Act, 2025 and elaborated the nuances of simplification and consolidation in the new Act.

[Ministry of Finance @FinMinIndia]

Union Minister for Finance & Corporate Affairs Smt. @nsitharaman held discussions with a delegation led by @USTradeRep Mr. Jamieson Greer, in New Delhi, today.

Both sides exchanged views on strengthening bilateral trade and economic cooperation, with a focus on new opportunities for growth and deeper commercial engagement.

[Nirmala Sitharaman Office @nsitharamanoffc]

Shri Neelkanth Mishra, Executive Director - World Bank, calls on Smt @nsitharaman.

[Nirmala Sitharaman Office @nsitharamanoffc]

Shri Dilip Asbe (@dilipasbe), MD & CEO - National Payments Corporation of India (@NPCI_NPCI), calls on Smt @nsitharaman.

[Nirmala Sitharaman Office @nsitharamanoffc]

Admiral Krishna Swaminathan, Chief of the Naval Staff of the Indian Navy, calls on Smt @nsitharaman.

[Nirmala Sitharaman Office @nsitharamanoffc]

Delegation from the Commodity & Capital Market Participants Association of India (CPAI) calls on Smt @nsitharaman.

[CGST Delhi West @cgstdelwest]

CGST & CX, Delhi Zone in collaboration with GSTAT is organising a Workshop on Issues Relating to Filing of Appeals before GSTAT from 10 am to 1 pm on 22.06.2026.
@cbic_india
@finminindia
@nsitharamanoffc
@officeofpcm
@pibindia
@gstatofficial
@Gstatofficial
@NICMeity

[PIB Fact Check @PIBFactCheck]

🚨 SCAM ALERT!

A #fake loan approval letter is circulating , claiming to grant a loan amount worth ₹10 Lakhs under the Pradhan Mantri Mudra Yojana on payment of a processing fee of ₹6,550.

#PIBFactCheck:

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✅ MUDRA does not provide direct loans to individuals or micro-entrepreneurs. It is a refinancing agency.

🔗 For authentic information, visit: https://t.co/SlF0tRbUqI

🛑 Stay cautious. Help STOP misinformation.
Flag misleading content related to the Government of India immediately:

📲 WhatsApp: [phone]
📩 Email: [email protected]

[DD News @DDNewslive]

#WATCH | Union Finance Minister @nsitharaman and Assam Chief Minister @himantabiswa took part in the International Yoga Day programme in Guwahati.

@moayush @pib_India @MIB_India
#InternationalYogaDay2026 #YogaForHealthyAgeing #IDY2026 #Yoga

[PMO India @PMOIndia]

Yoga shows the path from mental well-being to physical well-being.

[PMO India @PMOIndia]

Yoga teaches us the art of living a balanced life.

[PMO India @PMOIndia]

Yoga helps us tune our bodies to be flexible.

It keeps our energy levels high.

[PMO India @PMOIndia]

When yoga becomes a way of life, it becomes the foundation of human unity.

[PMO India @PMOIndia]

Yoga connects us all and brings us together.