Ministry of Finance
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Official government notification — a formal executive order that operationalises policy decisions. Carries legal weight and specifies rules, dates, exemptions, or procedural requirements.
Summary
Gazette notification: Ministry of Finance
Key Facts
Type Notification
Source eGazette of India
Published Wednesday, 6 May 2026
Affected Population 1.4 billion citizens, 63 million MSMEs
Key Numbers
GDP: $3.9 trillion (2025 est.)
Fiscal deficit target: 4.4% of GDP
GST collection: Rs 1.87 lakh crore/month avg
PM-JAY: 55 crore beneficiaries
Key Authorities
Key Stakeholders
Government Context
NDA III BJP-led NDA
Left Centre Right
Amendment History
2 changes recorded for this policy.
Description Saturday, 2 May 2026 via the_hindu_business
These relaxed FDI rules will not apply to entities registered in China or Hong Kong or other countries sharing land borders with India
Description Saturday, 2 May 2026 via the_hindu_business
The cap is 20% for Life Insurance Corporation (LIC)