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Ministry of Finance
Trends
- 1Russia raises taxes to fund growing military budget●Russia's finance ministry raises taxes to bolster military budget
Russia's finance ministry has announced tax increases aimed at strengthening the country's military budget as the war in Ukraine continues to strain public finances. The move shifts more of the funding burden onto Russian businesses and households, and has drawn attention from analysts watching how long Moscow can sustain elevated defence spending without deeper economic consequences.
- 2Sitharaman Announces Economic and Startup Measures at IIT Madras Dialogue in Bengaluru▼Union Finance Minister Smt. Nirmala Sitharaman Makes Key Announcements on India's Economic Growth, Technology, and Startups at IIT Madras Dialogue in Bengaluru
Union Finance Minister Nirmala Sitharaman addressed an IIT Madras dialogue in Bengaluru, making announcements on India's economic growth, technology development and support for startups. The finance ministry's press bureau released details of her remarks, which focused on policy measures aimed at strengthening the innovation ecosystem and sustaining India's growth momentum.