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Tag "finance minister"

GST Council meet today: Covid relief, bringing oil and gas indirect tax regime on agenda

GST Council meet today: Covid relief, bringing oil and gas indirect tax regime on agenda

🕔17:26, 17.Sep 2021

New Delhi, Sep 17 (IANS) The GST Council will meet in Lucknow on Friday to take decisions on issues related to duty revision that were put on the back burner in earlier meetings to focus on the Covid relief measures amid

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GST Council meeting in Lucknow on Friday

GST Council meeting in Lucknow on Friday

🕔11:51, 16.Sep 2021

Lucknow, Sep 16  Union Finance Minister Nirmala Sitharaman will preside over the 45th meeting of the Goods and Services Tax (GST) Council in Lucknow on Friday. During the meeting in Lucknow, the GST Council is scheduled to discuss a number

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Global investors upbeat about India, investments growing: FinMin

Global investors upbeat about India, investments growing: FinMin

🕔08:47, 10.Sep 2021

New Delhi, Sep 10  As the economy recovers from the impact of the second wave of the pandemic, the Finance Ministry has said that global investors are optimistic and upbeat about the Indian economy and are coming in with more

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Sitharaman leads delegation in 11th UK-India Economic and Financial Dialogue

Sitharaman leads delegation in 11th UK-India Economic and Financial Dialogue

🕔22:22, 2.Sep 2021

New Delhi, Sep 2  The 11th India-United Kingdom Economic and Financial Dialogue (EFD), virtually chaired by Indian Finance Minister Nirmala Sitharaman and the UK’s Chancellor of the Exchequer Rishi Sunak, was held on Thursday. The Indian delegation included the RBI

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Rules for withdrawal of retrospective taxation to come soon: FM

Rules for withdrawal of retrospective taxation to come soon: FM

🕔21:31, 16.Aug 2021

New Delhi, Aug 16  Finance Minister Nirmala Sitharaman on Monday said that the rules for the recent taxation amendment bill will be framed soon. “We will have to wait for the rules to be framed under the recent taxation amendment

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Expect inflation to remain in range of 2-6%, says Sitharaman

Expect inflation to remain in range of 2-6%, says Sitharaman

🕔21:30, 16.Aug 2021

New Delhi, Aug 16  Finance Minister Nirmala Sitharaman on Monday said that India’s inflation rate is likely to contained in the range of 2 to 6 per cent. In July, the Consumer Price Index (CPI) slipped to 5.59 per cent

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Centre clears DICGC Bill 2021 ensuring Rs 5 lakh for depositors

Centre clears DICGC Bill 2021 ensuring Rs 5 lakh for depositors

🕔07:30, 29.Jul 2021

New Delhi, July 29  The Union Cabinet on Wednesday approved the Deposit Insurance and Credit Guarantee Corporation Bill, 2021 that proposes to provide relief to small depositors by providing guarantees on their life savings. According to Finance Minister Nirmala Sitharaman,

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Amid disinvestment push, FinMin to now house Dept of Public Enterprises

Amid disinvestment push, FinMin to now house Dept of Public Enterprises

🕔19:33, 7.Jul 2021

New Delhi, July 7  As the government plans to go full throttle on disinvesting several public sector assets and enterprises in non-core sectors along with strengthening PSUs in the strategic sectors, it has decided to bring the Department of Public

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GST rates on Covid items slashed; vaccine still taxed at 5%

GST rates on Covid items slashed; vaccine still taxed at 5%

🕔19:13, 12.Jun 2021

New Delhi, June 12  Amid calls for lower levies on items and medicines required in Covid-19 treatment, the GST Council on Saturday decided to slash rates of several Covid-relief items to 5 per cent from existing 12-18 per cent levels,

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No stimulus but more Covid exemptions, easier GST compliance

No stimulus but more Covid exemptions, easier GST compliance

🕔08:37, 29.May 2021

New Delhi, May 29  Finance Minister Nirmala Sitharaman said on Friday that no final call has been taken on a new stimulus package to revive the growth of the economy. Addressing a press conference after the GST Council meeting on

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Centre working with states to protect lives, livelihood: FM

Centre working with states to protect lives, livelihood: FM

🕔12:50, 19.Apr 2021

New Delhi, April 19  Finance Minister Nirmala Sitharaman on Monday said that the Centre is working together with states to protect lives and livelihoods. In a tweet, the Minister said that she has spoken to business leaders and took their

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Economic recovery resilient despite surging Covid cases: FinMin report

Economic recovery resilient despite surging Covid cases: FinMin report

🕔19:12, 5.Apr 2021

New Delhi, April 5  As the country witnesses a rapid resurgence of coronavirus cases, a Finance Ministry report has exuded confidence in the Indian economy and termed the economic recovery as resilient citing improvement in high frequency indicators. The Monthly

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FM clarifies on equalisation levy as LS passes Finance Bill

FM clarifies on equalisation levy as LS passes Finance Bill

🕔06:41, 24.Mar 2021

New Delhi, March 24  Finance Minister Nirmala Sitharaman on Tuesday clarified that the equalisation levy will not be applicable on foreign companies who pay income tax in India. The Lok Sabha on Tuesday passed the Finance Bill, 2021, with Sitharaman

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Finance Minister addresses the Central Board of RBI Directors

Finance Minister addresses the Central Board of RBI Directors

🕔07:10, 17.Feb 2021

New Delhi, Feb 17  The 587th meeting of the Central Board of Directors of Reserve Bank of India was held under the chairmanship of Governor Shaktikanta Das, through video conferencing on Tuesday, an official statement said. The meeting was also

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Budget attempts to provide stimulus for growth: Sitharaman

Budget attempts to provide stimulus for growth: Sitharaman

🕔10:53, 13.Feb 2021

New Delhi, Feb 13  Finance Minister Nirmala Sitharaman on Friday said that the Union Budget for FY21-22 attempts at providing stimulus to the economy. Noting that post the pandemic global economies have witnessed contraction, the Minister, in her reply during

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Govt’s disinvestment policy not akin to ‘selling family silver’: FM

Govt’s disinvestment policy not akin to ‘selling family silver’: FM

🕔18:55, 7.Feb 2021

Mumbai, Feb 7  Union Finance Minister Nirmala Sitharaman on Sunday said the government’s latest disinvestment policy including the proposal to privatise two state-run banks is not akin to “selling the family silver” as alleged by the opposition. Speaking at an

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Govt to give discount to investors using digital mode under gold bond scheme

Govt to give discount to investors using digital mode under gold bond scheme

🕔14:20, 9.Jan 2021

New Delhi, Jan 9  The government will give a discount of Rs 50 per gram under its gold bond scheme to investors who apply online and the payment is made through digital mode. As per a statement from the Finance

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India witnessing V-shaped recovery since June: FinMin Report

India witnessing V-shaped recovery since June: FinMin Report

🕔17:14, 5.Jan 2021

New Delhi, Jan 5  India has been witnessing a ‘V-shaped’ recovery since June with the gradual easing of restrictions on economic activities, said a Finance Ministry report. “The sustained improvement in high frequency indicators ignite optimism of an improved performance

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FM reviews implementation of AatmaNirbhar Bharat package with secys

FM reviews implementation of AatmaNirbhar Bharat package with secys

🕔06:52, 14.Dec 2020

New Delhi, Dec 14 Banks have sanctioned additional credit amounting to Rs 2,05,563 crore to 80,93,491 borrowers under the Emergency Credit Line Guarantee Scheme (ECLGS). The Rs 3 lakh crore ECLGS scheme was announced by the government early this year as

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Govt to allocate Rs 10,000 cr more for PM Garib Kalyan Rozgar Yojana

Govt to allocate Rs 10,000 cr more for PM Garib Kalyan Rozgar Yojana

🕔11:58, 13.Nov 2020

New Delhi, Nov 13  The Centre will allocate an additional amount of Rs 10,000 crore for the Prime Minister Garib Kalyan Rozgar Yojana in a bid to boost rural employment amid the pandemic, Finance Minister Nirmala Sitharaman said on Thursday.

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