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Nirmala Sitharaman News
Cases should be taken to logical conclusion expeditiously, FM Nirmala Sithraman tells DRI
Sat, Dec 04, 2021
Finance Minister Nirmala Sitharaman on Saturday urged officials of intelligence wings to take every case to logical conclusion expeditiously, so that it can deter perpetrators of economic crime like smuggling
FM Nirmala Sitharaman underlines commitment to make GIFT City a global FinTech hub as government clears 2 proposals of IFSCA
Sat, Nov 20, 2021
Narendra Modi Government has formally cleared two proposals of International Financial Services Centres Authority (IFSCA), Finance Minister Nirmala Sitharaman announced on Saturday. One of the proposals is related to the Rs 269.05 cr supervisory technology fund for It Infrastructure and the other is Rs 200 cr for headquarter building
Atmanirbhar Bharat: FM Nirmala Sitharaman to lead delegation of secretaries to Gujarat for discussion on India's first International Financial Services Centre
Fri, Nov 19, 2021
IFSC has been set up to facilitate as gateway to global financial services for Indian corporates within India. It will also attracting global financial business to India and pave way for growth as Fintech global hub.
Need India Inc to be a lot more risk taking, build capacity and understand what India is looking for: FM Nirmala Sitharaman
Wed, Nov 17, 2021
Exhorting India Inc to take more risks the FM said, “I want India Inc to be a lot more risk taking, build capacity and understand what India is looking for. We want the Indian Industry to come forward and expand.”
FM Nirmala Sitharaman discusses issues of anti-money laundering, terror financing with US Treasury Secretary
Fri, Oct 15, 2021
Union Finance Minister Nirmala Sitharaman and US Treasury Secretary Janet Yellen met on Thursday here for the 8th ministerial meeting of the India-USA Economic and Financial Partnership and had productive discussions on various subjects, including recovery from the pandemic and climate finance
India on path of swift recovery, says Finance Ministry report
Mon, Oct 11, 2021
India's foreign exchange reserves comfortably stood at $638.65 billion as on September 27, 2021.
Power generation as integral to economy as blood donation to saving lives: FM Nirmala Sitharaman
Thu, Oct 07, 2021
Union Finance Minister Nirmala Sitharaman on Thursday underscored the need for power generation and its distribution, asserting that these are as integral to economy as blood donation is to saving lives. WATCH | Click on Zee Business Live TV Streaming Below:
India in last stage of finalising details on global minimum tax
Wed, Oct 06, 2021
A total of 130 countries had in July agreed to a overhaul of global tax norms to ensure that multinationals pay taxes wherever they operate and at a minimum 15 per cent rate.
Many districts lack banking presence despite high level of economic activities: FM
Sun, Sep 26, 2021
Addressing banking industry lobby grouping Indian Banks' Association (IBA), Union Finance Minister Nirmala Sitharaman asked lenders to augment efforts of deepening presence
Big GST decision for cloud kitchens, food delivery platforms like Zomato and Swiggy but no extra tax burden on end consumer
Sat, Sep 18, 2021
What it means is that from January 1, food delivery apps will have to collect and deposit 5 per cent GST with the government, in place of restaurants, for deliveries made by them.
45th GST Council Meeting Outcome: Top decisions you should know - Check highlights
Sat, Sep 18, 2021
-The panel also decided to continue keeping petrol and diesel out of the GST purview as subsuming the current excise duty and VAT into one national rate would impact revenues.
Cabinet clears proposal for govt guarantee for bad bank, informs Finance Minister Nirmala Sitharaman
Thu, Sep 16, 2021
The proposed bad bank or NARCL will pay up to 15 per cent of the agreed value for the loans in cash and the remaining 85 per cent would be government-guaranteed security receipts.
Ahead of GST Council meet tomorrow, FM Nirmala Sitharaman to address press conference at 5 pm today – CATCH LIVE UPDATES here
Thu, Sep 16, 2021
Union Finance Minister Nirmala Sitharaman will be addressing a press conferencing at 5 pm today. The press conference can be viewed on the official twitter handle of PIB @PIBMumbai. You can also catch it on the youtube link youtu.be/kbT0WxX1AFE
Trust between govt, industry critical to leverage opportunities created by COVID, says Finance Minister Nirmala Sitharaman
Mon, Sep 13, 2021
Elaborating on the government's strategy for handling the pandemic, the minister said that on one hand the focus is on ramping up vaccination as that was the biggest protection against the pandemic while on the other hand the government is working on ramping up health infrastructure, including in the tier 2 and tier 3 cities, by supporting the private sector
TURNAROUND STORY! Public Sector Banks record profit of Rs 31,820 cr after 5 years; FM Sitharaman says Modi government’s 4R strategy worked wonders
Thu, Aug 26, 2021
The outperformance of PSBs has continued in the April - June quarter 2021 as well. Overall profits in this quarter have been at Rs 14,012 crore and operational profits, fee income as well as treasury income has continued to see robust growth.
FM launches National Monetisation Pipeline; estimates Rs 6 lakh cr via core assets of Centre
Mon, Aug 23, 2021
The NMP has been developed by NITI Aayog, in consultation with infrastructure line ministries, based on the mandate for ‘Asset Monetisation’ under Union Budget 2021-22
Nirmala Sitharaman Birthday: See PM Modi and other ministers' WISHES on Finance Minister's birthday
Wed, Aug 18, 2021
Prime Minister Narendra Modi and other union ministers wish Union Finance Minister Nirmala Sitharaman on her birthday.
Income Tax Return: Billionaires in India - All you need to know
Tue, Aug 10, 2021
Number of individuals disclosing a gross total income of more than Rs 100 crore (one billion rupees) in a year in his/her return of income filed with the Income Tax Department during 2018-19 stood at 77, she said in a reply to the Rajya Sabha
Govt gets 61% revenue boost from excise in FY21
Mon, Aug 02, 2021
Centre's total revenue (tax and non tax, and after adjusting state's share in central taxes) for financial year 2020-21 stood at Rs 16,32,094, crore a marginal 3.09 fall over the non-Covid year 2019-20 when total revenue stood at Rs 16,84,059 crore
Cabinet clears amendment to LLP Act to decriminalise various provisions
Wed, Jul 28, 2021
The government on Wednesday cleared amendments to the Limited Liability Partnership (LLP) Act, with an aim to decriminalise various provisions under the law and foster the ease of doing business in the country.