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Tag "finance minister Nirmala Sitharaman"

Government slashes 2021-22 sports budget by Rs.230 crore

Government slashes 2021-22 sports budget by Rs.230 crore

🕔17:44, 1.Feb 2021

New Delhi, Feb 1  In the Union budget presented in Parliament on Monday, the Central government allocated Rs.2,596.14 crore to sports budget for the next financial year 2021-22, less by Rs.230.78 crore — or, 8.16 per cent — allocated in

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Budget proposals for start-ups to boost ‘ease of doing business’

Budget proposals for start-ups to boost ‘ease of doing business’

🕔17:41, 1.Feb 2021

New Delhi, Feb 1  With the Union government deciding to extend tax holiday claim for start-ups by one more year and incentivise the incorporation of one-person companies (OPCs), stakeholders in the industry have welcomed the moves, saying they will promote

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No rise in retail petrol/diesel prices despite new cess in Budget

No rise in retail petrol/diesel prices despite new cess in Budget

🕔17:40, 1.Feb 2021

New Delhi, Feb 1  The government on Monday imposed agriculture and infrastructure development cess at the rate of Rs 2.5 per litre on petrol and Rs 4 per litre on diesel to mobilise additional resources required for massive investment required

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Modi congratulates Sitharaman for Budget presentation

Modi congratulates Sitharaman for Budget presentation

🕔17:39, 1.Feb 2021

New Delhi, Feb 1  Prime Minister Narendra Modi on Monday congratulated Finance Minister Nirmala Sitharaman for her marathon 110-minute Budget speech and also inquired about her health soon after she completed her presentation. The Finance Minister began her Budget speech

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Soma Mondal, Chairman, SAIL on Union Budget 2021-2022

Soma Mondal, Chairman, SAIL on Union Budget 2021-2022

🕔17:31, 1.Feb 2021

The Budget for 2021-22 has put emphasis on accelerating the growth momentum of the country by targeting infrastructural growth including road, rails, urban, power, ports, shipping etc. The National Infrastructure Pipeline (NIP) incorporates 500 more new projects. The creation of

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Statement of CH S. S. Mallikarjuna Rao, MD & CEO, Punjab National Bank for Union Budget 2021-22

Statement of CH S. S. Mallikarjuna Rao, MD & CEO, Punjab National Bank for Union Budget 2021-22

🕔17:29, 1.Feb 2021

We welcome the measures announced by Finance Minister in Union Budget 2021-22. The budget rightly strikes a reasonable balance between addressing the key pillars of Health & Well-being, Inclusive Development, Human Capital, Innovation and R&D, apart from laying the path

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RECORD OUTLAY OF ` 1,10,055 CRORE FOR RAILWAYS – CAPEX at Rs 1,07,100 CRORE

RECORD OUTLAY OF ` 1,10,055 CRORE FOR RAILWAYS – CAPEX at Rs 1,07,100 CRORE

🕔14:31, 1.Feb 2021

By TN Ashok New Delhi, Feb 01 , 2021 : The Indian Railways has received a record outlay of ` 1,10,055 crore, of which ` 1,07,100 crore is for capital expenditure, Union Minister of Finance and Corporate Affairs Ms . Nirmala Sitharaman said while presenting

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CAPEX Increase of 34.5 % Totaling Rs. 5.54 LAKH CRORE

CAPEX Increase of 34.5 % Totaling Rs. 5.54 LAKH CRORE

🕔14:30, 1.Feb 2021

By TN Ashok New Delhi , Feb 01 29021 : Union Minister for Finance & Corporate Affairs, Ms. Nirmala Sitharaman announced a sharp increase in capital expenditure with BE(Budget Estimate) of Rs 5.54 lakh crore which is 34.5% more than

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DISINVESTMENT OF BPCL, AIR INDIA, SCI, CCi, IDBI, BEML, PAWAN HANS, TO BE COMPLETED IN 2021-22

DISINVESTMENT OF BPCL, AIR INDIA, SCI, CCi, IDBI, BEML, PAWAN HANS, TO BE COMPLETED IN 2021-22

🕔14:29, 1.Feb 2021

PRIVATISATION OF TWO PUBLIC SECTOR BANKS AND ONE GENERAL INSURANCE COMPANY TO BE TAKEN UP IN FY 2021-22 IPO OF LIC TO BE BROUGHT IN THROUGH REQUISITE AMENDMENTS Rs. 1,75,000 CRORES ESTIMATED AS RECEIPTS FROM DISINVESTMENT : FINANCE MINISTER By

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No fresh income taxes, customs duties upon host of items

No fresh income taxes, customs duties upon host of items

🕔14:28, 1.Feb 2021

Massive revenue-raising effort of Rs 2.8 billion to meet post-COVID pandemic challenges FDI in Insurance sector up to 74% from 49%, Big-ticket LIC IPO coming, and disinvestment in Air India and BPCL to be completed in FY 2021-22 to raise

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GOVERNMENT TO INTRODUCE SINGLE SECURITIES MARKETS CODE

GOVERNMENT TO INTRODUCE SINGLE SECURITIES MARKETS CODE

🕔14:27, 1.Feb 2021

CAPITAL INFUSION OF Rs 1,000 CRORE TO SOLAR ENERGY CORPORATION OF INDIA AND Rs 1,500 CRORE TO INDIAN RENEWABLE ENERGY DEVELOPMENT AGENCY By TN Ashok New Delhi, Feb 01 2021: The Union Minister for Finance & Corporate Affairs, Smt. Nirmala

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WELLBEING ALONG WITH HEALTH FORMS ONE OF THE 6 CRUCIAL PILLARS OF AATMA NIRBHAR BHARAT

WELLBEING ALONG WITH HEALTH FORMS ONE OF THE 6 CRUCIAL PILLARS OF AATMA NIRBHAR BHARAT

🕔14:26, 1.Feb 2021

JAL JEEVAN MISSION (URBAN) ANNOUNCED WITH AN OUTLAY OF Rs. 2,87,000 CRORE Rs. 1,41,678 CRORE ALLOCATED TO URBAN SWACHH BHARAT MISSION 2.0 Rs. 2,217 CRORE TO TACKLE THE BURGEONING PROBLEM OF AIR POLLUTION VOLUNTARY VEHICLE SCRAPPING POLICY ANNOUNCED By TN

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CONCILIATION MECHANISM FOR QUICK RESOLUTION OF CONTRACTUAL DISPUTES

CONCILIATION MECHANISM FOR QUICK RESOLUTION OF CONTRACTUAL DISPUTES

🕔14:25, 1.Feb 2021

By TN Ashok New Delhi, Feb 01 2021 :  The Finance Minister Ms. Nirmala Sitharaman today outlined plans for reforms in ease of doing business for those who deal with Government or CPSEs, and carry  out contracts, by setting up a

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Dividend payments to REITs, InvITs exempted from TDS

Dividend payments to REITs, InvITs exempted from TDS

🕔14:24, 1.Feb 2021

New Delhi, Feb 1  The government has decided to exempt dividend payments to Real Estate Investment Trusts (REITs) and Infrastructure Investment Trusts (InvITs) from tax deduction at source (TDS). Presenting the Union Budget FY22, Finance Minister Nirmala Sitharaman said that

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3 new DFCs announced in budget worth Rs 1.78 lakh crore: Officials

3 new DFCs announced in budget worth Rs 1.78 lakh crore: Officials

🕔14:23, 1.Feb 2021

New Delhi, Feb 1  The three new dedicated corridors for railways announced by Union Finance Minister Nirmala Sitharaman in the Union Budget 2021-22 are valued at Rs 1.78 lakh crore, officials related to the development said. The Railways Minister last

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Budget Boost: Sensex jumps 2,000 points

Budget Boost: Sensex jumps 2,000 points

🕔14:23, 1.Feb 2021

Mumbai, Feb 1  The BSE Sensex soared over 2,000 points on Monday afternoon after Finance Minister Nirmala Sitharaman completed her first digital presentation of the Union Budget for FY21-22. Around 1.50 p.m., Sensex was trading at 48,346.88, higher by 2,061.11

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Agriculture Infra Fund to be available for APMC mandis: FM

Agriculture Infra Fund to be available for APMC mandis: FM

🕔14:22, 1.Feb 2021

New Delhi, Feb 1  Union Finance Minister Nirmala Sitharaman made a major announcement in the Union Budget 2020-21 related to the agriculture sector on Monday, saying that the Agriculture Infrastructure Fund would also be available for Agricultural Produce Market Committee

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Customs duty up 2.5% on mobile parts, phones to get expensive

Customs duty up 2.5% on mobile parts, phones to get expensive

🕔14:21, 1.Feb 2021

New Delhi, Feb 1  In another bid to boost domestic manufacturing, the government on Monday announced a 2.5 per cent increase in customs duty on mobile chargers and some sub-parts of phones, a move that will make phones more expensive.

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Barring tourism, Goa business, industry stakeholders laud budget

Barring tourism, Goa business, industry stakeholders laud budget

🕔14:20, 1.Feb 2021

Panaji, Feb 1  Barring travel and tourism industry stakeholders, small, medium and big business and industry stakeholders in Goa welcomed the announcements made in the budget for 2021-22, underlining no major fresh tax levies and focus on infrastructure and health

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Sitharaman proposes 3 new dedicated freight corridors in Budget

Sitharaman proposes 3 new dedicated freight corridors in Budget

🕔14:19, 1.Feb 2021

New Delhi, Feb 1  With focus on the industry and better connectivity for freight transportation, Union Finance Minister Nirmala Sitharaman on Monday announced three new Dedicated Freight Corridors (DFCs) of approximately 4,000 km. While presenting the Union Budget for 2021-22,

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