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Tag "finance minister"

Govt to decriminalise Income Tax Act, PMLA

Govt to decriminalise Income Tax Act, PMLA

🕔06:52, 21.Jan 2020

New Delhi/Chennai, Jan 21  The NDA government is moving to decriminalise the Income Tax Act and the Prevention of Money Laundering Act (PMLA) as part of steps towards restoring business confidence. These are among the steps being taken to catapult

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Budget 2020 may push back fiscal deficit MTFP target

Budget 2020 may push back fiscal deficit MTFP target

🕔17:48, 20.Jan 2020

New Delhi, Jan 20  The fiscal deficit for FY20 and its roadmap for FY21 could be heading towards a recalibration with the February Budget slated to hint at the targeted 3 per cent fiscal deficit for the next financial year

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FM kicks off 2020 Budget countdown with ‘Halwa’ ceremony

FM kicks off 2020 Budget countdown with ‘Halwa’ ceremony

🕔14:03, 20.Jan 2020

New Delhi, Jan 20  Finance Minister Nirmala Sitharaman on Monday kicked off the countdown to the Union Budget on February 1 by joining the ‘Halwa’ ceremony and with this the the Budget paper printing starts under utmost secrecy. Sitharaman, MoS

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Platform for e-auction of PSB attached assets launched

Platform for e-auction of PSB attached assets launched

🕔06:46, 30.Dec 2019

New Delhi, Dec 30  Finance Minister Nirmala Sitharaman here on Saturday launched a common e-auction platform for assets attached by the public sector banks (PSBs). The platform, equipped with property search features and navigational links to all PSB e-auction sites,

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Budget may provide National Fund for Protection of Children

Budget may provide National Fund for Protection of Children

🕔06:35, 26.Dec 2019

New Delhi, Dec 26  The general budget in February may make provision for a National Fund for Protection of Children under the child budgeting besides seeing moderate increase in the allocation for the overall women and child development. The size

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Sitharaman invites suggetions on ‘GST Feedback Diwas’

Sitharaman invites suggetions on ‘GST Feedback Diwas’

🕔16:46, 7.Dec 2019

New Delhi, Dec 7  Finance Minister Nirmala Sitharaman has invited suggestions on simplifying of return filing process under the Goods and Services Tax (GST) regime as the central and state GST authorities have organised a nationwide ‘GST Stakeholder Feedback Diwas’

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PSBs disbursed Rs 4.91 lakh cr loan during Oct-Nov: FM

PSBs disbursed Rs 4.91 lakh cr loan during Oct-Nov: FM

🕔11:57, 4.Dec 2019

New Delhi, Dec 4  As part of a government-initiated outreach programme, public sector banks have disbursed a record Rs 4.91 lakh crore of loans during October-November, the finance ministry said on Tuesday. Finance Minister Nirmala Sitharaman in September asked banks

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Finmin presents report card on measures to boost economy, claim huge progress

Finmin presents report card on measures to boost economy, claim huge progress

🕔08:05, 1.Nov 2019

New Delhi, Nov 01  In a status report on measures announced to boost economy, the Finance Ministry on Thursday claimed to have fulfilled many, while making significant progress on several others. As per the report card, all public sector banks

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FM may release sops for realty, export sectors

FM may release sops for realty, export sectors

🕔14:39, 14.Sep 2019

New Delhi, Sep 14  Finance Minister Nirmala Sitharaman is scheduled to announce further relief measures for the economy on Saturday to reverse the current economic slowdown. Though the agenda of her conference is not detailed, sources said that the focus

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Fintech firms can use video-based KYC, DigiLocker: Panel

Fintech firms can use video-based KYC, DigiLocker: Panel

🕔07:02, 3.Sep 2019

New Delhi, Sep 3  The Steering Committee on Fintech Related Issues has recommended the usage of video-based KYC and the services of DigiLocker among other options for the KYC (Know Your Customer) registration process by fintech firms. In its report,

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Mega PSB merger: 10 banks amalgamated into 4-entities

Mega PSB merger: 10 banks amalgamated into 4-entities

🕔17:28, 30.Aug 2019

New Delhi, Aug 30  In a major reform measure, the Central government on Friday announced the merger of 10 public sector banks (PSBs) into four entities, which includes the amalgamation of Oriental Bank of Commerce and United Bank of India

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New measures to help economy grow in coming months: CII

New measures to help economy grow in coming months: CII

🕔11:11, 26.Aug 2019

New Delhi, Aug 26  With Finance Minister Nirmala Sitharaman having announced measures to boost demand and improve liquidity, the Confederation of Indian Industry (CII) said on Sunday that economic growth would climb in the coming months. In a statement, the

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Jaitley’s mortal remains reach BJP headquarters

Jaitley’s mortal remains reach BJP headquarters

🕔12:23, 25.Aug 2019

New Delhi, Aug 25  The mortal remains of former Finance Minister Arun Jaitley on Sunday reached the BJP headquarters from his residence in Kailash Colony here for people to pay their tributes. The Bharatiya Janata Party (BJP) stalwart’s mortal remains

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Angel tax for startups removed, industry cheers

Angel tax for startups removed, industry cheers

🕔11:31, 24.Aug 2019

New Delhi, Aug 23 (IANS) In a major relief to registered startups, Finance Minister Nirmala Sitharaman on Friday announced the withdrawal of the “angel tax” provision for them and their investors. Angel tax refers to income tax payable on capital raised

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Sitharaman in Varanasi on Tuesday to allay slowdown fears

Sitharaman in Varanasi on Tuesday to allay slowdown fears

🕔19:00, 19.Aug 2019

New Delhi, Aug 19  Finance Minister Nirmala Sitharaman will be in Varanasi on Tuesday to understand the problems faced by the local industry as well as the taxpayers. She is currently on a multi-city tour to take stock of the

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`Sitharaman’s 1st budget should lay roadmap for PSU general insurers’ merger’

`Sitharaman’s 1st budget should lay roadmap for PSU general insurers’ merger’

🕔17:52, 30.Jun 2019

Chennai, June 30  Finance Minister Nirmala Sitharaman in her maiden budget speech on July 5 should give a short and stern message to the heads of three government-owned general insurers to focus on bottomline growth and outline the roadmap for

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‘India’s foreign trade needs tax sops, support for R&D’

‘India’s foreign trade needs tax sops, support for R&D’

🕔07:34, 19.Jun 2019

New Delhi, June 19  As Finance Minister Nirmala Sitharaman prepares to present her first Union Budget on July 5, trade associations involved in import and export want the government to take several steps to boost India’s cross border trade. Trade

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Nirmala Sitharaman gets Finance Ministry

Nirmala Sitharaman gets Finance Ministry

🕔18:41, 31.May 2019

New Delhi, May 31 Nirmala Sitharaman has been assigned the important portfolio of Finance along with Corporate Affairs. With a slowing economy and rising unemployment, her job is clearly cut out. She would be presenting the Union Budget in July. Since

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RBI Governor calls on Jaitley, terms it courtesy call

RBI Governor calls on Jaitley, terms it courtesy call

🕔09:21, 27.May 2019

New Delhi, May 27  Reserve Bank of India (RBI) Governor Shaktikanta Das called on Union Finance Minister Arun Jaitley here on Sunday. Das, in a tweet, described the visit as a courtesy meeting. The meeting comes amidst reports and speculations

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Finance Minister unveils EASE Index Report

Finance Minister unveils EASE Index Report

🕔18:14, 28.Feb 2019

28th February 2019 – New Delhi: The Indian Banks’ Association (IBA) today organized an Awards program on ‘Reforms Journey for EASE in Public Sector Banks (PSBs). Hon’ble Finance Minister, Shri Arun Jaitley, unveiled the first-ever Enhanced Access and Service Excellence (EASE) Index

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