New Delhi, July 28 (IANS) With the Union Cabinet approving amendments to the Limited Liability Partnership Act, experts and industry stakeholders have lauded the move and said that decision is a major development towards ease of doing business. “Amendment in LLP
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,
New Delhi, July 13 As part of the plans to extend its digital footprint in the neighbouring countries, India on Tuesday launched the BHIM-UPI-led services in Bhutan. The launch was carried out virtually by Union Finance and Corporate Affairs Minister,
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,
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
New Delhi, May 4 Finance and Corporate Affairs Minister Nirmala Sitharaman, who is the Asian Development Bank’s (ADB) Governor for India, on Monday participated in the Governors’ Seminar on “Cooperation for a Resilient Future”, held as part of ADB’s annual
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
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
New Delhi, Feb 27 Union Finance and Corporate Affairs Minister Nirmala Sitharaman has participated virtually in the First G20 Finance Ministers and Central Bank Governors (FMCBG) meeting under the Italian Presidency to discuss policy actions for transformative and equitable recovery.
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
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
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
New Delhi, Nov 12 Finance Minister Nirmala Sitharaman on Thursday said the Indian economy was witnessing a strong recovery. Addressing the media here, Sitharaman cited several data, including the growth in Composite Purchase Managers Index (PMI), GST collections, FDI inflow
New Delhi, Oct 26 Centre will seek the Parliament’s approval for additional spending of Rs 37,000 crore on infrastructure development in the second batch of supplementary demands for grant. Finance Minister Nirmala Sitharaman had earlier in the month announced that
New Delhi, Aug 28 Union Finance Minister Nirmala Sitharaman on Thursday hit back at the opposition for “unnecessarily trying to politicise” the GST compensation issue when their previous government was to be blamed for “building an environment of mistrust” between
New Delhi, Aug 8 Finance Minister Nirmala Sitharaman on Friday said that scrutiny of tax return filers has declined since 2014, and only 0.25 per cent of the total number of filers were scrutinised in 2018-19. In her address at
New Delhi, July 25 Finance Minister Nirmala Sitharaman has reserved words of praise for the Income Tax department, complementing officers for being responsive to the needs of the taxpayers during the pandemic times by relaxing various compliance requirements and addressing the
New Delhi, July 2 Finance Minister Nirmala Sitharaman on Wednesday said that the GST administration will have a major role to play in the objective of ‘Aatma Nirbhar Bharat’ or self-reliant India and it must foresee the challenges faced by
New Delhi, June 15 The government is going all out to ensure that liquidity concerns of the MSME sector are addressed on priority under its Emergency Credit Line Guarantee Scheme (ECLGS). As part of this, Finance Minister Nirmala Sitharaman on
New Delhi, May 28 Finance Minister Nirmala Sitharaman on Thursday chaired a meeting of the Financial Stability and Development Council (FSDC) through video conference to review the measures to maintain financial stability amid the coronavirus pandemic. In a tweet, the
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