GST Council meet on May 28; likely to discuss States' Covid-related demands
May 16, 2021, at 06:28 am
New Delhi/UNI: The Goods and Services Tax Council will meet on May 28 after a gap of seven months amid calls from States for policy measures related to COVID-19 pandemic.
May 10, 2021, at 06:06 am
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman has emphasised that a minimum 5 per cent tax on vaccines and 12 per cent tax on medicines and oxygen concentrators is necessary to keep their prices low while replying to West Bengal Chief Minister.
Modi govt rolls back interest rates cut on small savings
Apr 01, 2021, at 04:35 pm
New Delhi/IBNS: The Narendra Modi government on Thursday morning rolled back interest rates cut on small savings schemes announced only last evening.
Nirmala Sitharaman launches Mobile Apps for 'corporate and investor-friendly' ecosystem
Mar 26, 2021, at 01:08 am
New Delhi/UNI: Finance and Corporate Affairs Minister Nirmala Sitharaman on Thursday launched two tech-enabled initiatives of the cororate affairs ministry to create a corporate and investor-friendly ecosystem and strengthen Prime Minister Narendra Modi's vision of a digitally-empowered India.
Lok Sabha passes Insurance Amendment Bill, 2021
Mar 23, 2021, at 12:18 am
New Delhi/UNI: The Lok Sabha on Monday passed the Insurance (Amendment) Bill, 2021 by voice vote.
Not all banks will be privatised, assures Nirmala Sitharaman
Mar 16, 2021, at 11:35 pm
New Delhi: Union Finance Minister Nirmala Sitharaman on Tuesday assured that merging of banks or privatisation of financial institutions will not hurt the interest of the employees.
India witnesses two-day bank strike from today, services hit
Mar 15, 2021, at 07:03 pm
New Delhi/IBNS: The United Forum of Bank Union (UFBU), the umbrella organisation of nine bank unions, have called for a two-day nationwide bank strike beginning Mar 15 in protest against the privatisation of the sector, media reports said.
Nirmala Sitharaman launches the 3rd phase of Chah Bagicha Dhan Puraskar Mela in Guwahati
Feb 07, 2021, at 12:34 am
Guwahati: Union Finance Minister Nirmala Sitharaman on Saturday launched the 3rd phase of Chah Bagicha Dhan Puraskar Mela while ceremonially distributing third tranche of financial assistance to tea garden area beneficiaries under the scheme at a programme held at Assam Veterinary College Playground at Khanapara in Guwahati.
Feb 06, 2021, at 12:06 am
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman said that while the Union Budget 2021-22 provides for enhanced capital expenditure by the Government, it also envisages private sector participation in a big way.
India Inc praises Union Budget 2021 as growth-oriented
Feb 01, 2021, at 11:39 pm
New Delhi: Indian business fraternity on Monday praised FM Nirmala Sitharaman's budget that was presented at a time when the country is still fighting COVID-19 outbreak.
Feb 01, 2021, at 10:40 pm
New Delhi: The Government has taken several measures to protect the weaker and vulnerable sections of the society especially during the COVID-19 pandemic.
Union Budget: FM Nirmala Sitharaman rejoices 75-yr-old elderlies with no tax
Feb 01, 2021, at 10:16 pm
New Delhi/UNI: Union Finance Minister Nirmala Sitharaman on Monday announced exemption of senior citizens 75 years or above in filing income tax, who are dependent on pensions or interests on savings.
Union Budget:National Rail Plan for India to create “Future Ready” Railway System by 203
Feb 01, 2021, at 09:56 pm
New Delhi: Indian Railways has received a record outlay of Rs. 1,10,055 crore, of which ` 1,07,100 crore is for capital expenditure.
Union Budget: Government to introduce single securities markets code
Feb 01, 2021, at 09:48 pm
New Delhi: While presenting the Union Budget 2021-22 in Parliament today the Union Minister for Finance & Corporate Affairs, Nirmala Sitharaman announced that the Government will consolidate the provisions of SEBI Act, 1992, Depositories Act, 1996, Securities Contracts (Regulation) Act, 1956 and Government Securities Act, 2007 into a rationaliszed single Securities Markets Code.
Union Budget: Rs. 3,768 crore allocated for first digital census in the country
Feb 01, 2021, at 09:29 pm
New Delhi: Presenting the Union Budget 2021-22 in Parliament on Monday, the Union Minister for Finance and Corporate Affairs, Nirmala Sitharaman outlined the plans for reforms in one of the six pillars of the budget i.e. of Minimum Government, Maximum Governance.
Union Budget: Rs. 2,23,846 crore allocated to health sector
Feb 01, 2021, at 09:21 pm
New Delhi: The Union Budget 2021-22 presented in Parliament on Monday by the Union Minister for Finance & Corporate Affairs Nirmala Sitharaman clearly reflected the deep imprint the global pandemic of COVID-19 has left on the country’s public health landscape.
Union Budget: Govt proposes Public Private Patnership mode for operational services at major ports
Feb 01, 2021, at 09:16 pm
New Delhi: Seven projects worth more than Rs 2,000 crore will be offered by the major ports on Public private partnership mode in FY21-22.
Feb 01, 2021, at 07:38 pm
New Delhi/IBNS: Amid the pandemic and riding on the call for a self-reliant (Atmanirbhar) India, Union Finance Minister Nirmala Sitharaman presented a budget with substantial focus on healthcare and vaccine, while exempting pensioners above 75 years from filing Income Tax, keeping the personal IT unchanged and announcing infrastructural funds for poll-bound states Tamil Nadu, West Bengal, Kerala and Assam.
Nirmala Sitharaman to present Union Budget today
Feb 01, 2021, at 02:42 pm
New Delhi: Union Finance Minister Nirmala Sitharaman will present the Union Budget on Monday.
India to grow at 11.5 pc in FY 21-22, predicts Economic Survey
Jan 29, 2021, at 09:28 pm
New Delhi/UNI: India's gross domestic product will grow at 11.5 per cent in fiscal 2021-22, projects the Economic Survey 2020-21 that Finance Minister Nirmala Sitharaman tabled in Parliament on Friday.
Jan 23, 2021, at 11:53 pm
New Delhi: The Halwa ceremony, marking the final stage of the Budget making process for Union Budget 2021-22, was held in North Block here today afternoon in the presence of Union Finance & Corporate Affairs Minister Nirmala Sitharaman.
Dec 16, 2020, at 06:55 am
New Delhi/IBNS: Assuring '' vibrancy" in her forthcoming Budget, Union Finance Minister Nirmala Sitharaman Tuesday said the Government would ensure that public spending on infrastructure development would be sustained even as the prospects of vaccine against Covid-19 have brought in additional confidence for revival of the economy.
Govt allocates Rs 900 crore for r & d of Covid-19 vaccine
Nov 13, 2020, at 03:13 am
New Delhi/IBNS: Finance Minister Nirmala Sitharaman on Thursday announced Rs 900 crore for research and development for Covid-19 while also assuring that the funds will be allocated for the cost of vaccine and logistics as per requirement.
Aatmanirbhar Bharat 3.0 will push job creation and stronger recovery of the economy: ASSOCHAM
Nov 13, 2020, at 01:33 am
New Delhi/IBNS: Government’s continuous support and the new announcements under the Aatmanirbhar Bharat Yojana 3.0 will make the road to recovery post-pandemic stronger and facilitate and incentivize job creation, and provide much relief and impetus to housing and infrastructure sector,” said Dr. Niranjan Hiranandani, President ASSOCHAM reacting to the announcement of the 7th major stimulus package to support the economy by the Union Finance Minister, Nirmala Sitharaman today in New Delhi.
Govt announces Rs 29.88 Lakh Crore stimulus package to revive Covid-hit Indian economy
Nov 12, 2020, at 11:50 pm
New Delhi/IBNS: In a bid to ward off the gloom surrounding the Indian economy hit by Covid-19 restrictions, the government today announced a slew of measures, including tax relief for home buyers as well as the real estate developers.
Atma Nirbhar Bharat Rozagar Yojana 3.0 : Govt attempts major boost for job creation
Nov 12, 2020, at 09:35 pm
New Delhi/IBNS: Finance Minister Nirmala Sitharaman on Thursday announced Atma Nirbhar Bharat Rozagar Yojana 3.0 aimed at boosting economic growth amid a GDP drop of 8.3 per cent in July-September.
Another stimulus to support the ailing Indian economy likely before Diwali: Report
Nov 12, 2020, at 04:40 am
New Delhi/IBNS: The Indian government is likely to announce another round of economic stimulus before Diwali, said a media report, adding that it would be linked to job creation and extension of the cabinet's decision to push growth with production-linked incentive.
Modi government to borrow Rs. 1.1 lakh cr on behalf of states for GST compensation
Oct 16, 2020, at 08:51 pm
New Delhi/IBNS: After months of confrontation over the Goods and Services Tax (GST) dues, the Centre has decided to borrow Rs. 1.1 lakh crore on behalf of the states prompting Union Finance Minister Nirmala Sitharaman to explain the reason behind the government's change in stance over the issue, media reports said.
No consensus arrived at GST Council meeting on borrowing options: Nirmala Sitharaman
Oct 13, 2020, at 05:23 am
New Delhi/UNI: Finance Minister Nirmala Sitharaman on Monday said that no consensus could be generated at the GST Council meeting on borrowing options.
Oct 13, 2020, at 12:12 am
New Delhi: Union Minister for Finance & Corporate Affairs Nirmala Sitharaman here on Monday announced measures of Rs 73,000 crore to stimulate consumer spending in the economy in an effort to fight the slowdown due to COVID-19 pandemic following lockdown.