Page 105 - Latest Updates on Nirmala Sitharaman
Ahead of budget, economists demand increase in social security pension
Ahead of the Union Budget, 51 eminent economists have written to Finance Minister Sitharaman and demanded an increase in social security pensions and an adequate provision for maternity benefits
 "Ahead of budget, economists demand increase in social security pension")
Go after big fish, nab global mafia in drug trafficking cases: Sitharaman
Finance Minister Sitharaman on Monday asked enforcement agencies to go after 'big fish' and nab those global mafia who control the operation of sending 'mountains' of illegal drugs into the country
 "Go after big fish, nab global mafia in drug trafficking cases: Sitharaman")
India seized 833 kg gold worth Rs 405 cr in FY22, highest from Myanmar
The highest amount of gold seized was of Myanmar origin, marking a significant shift from 2019-20, when the majority of it was from West Asia
 "India seized 833 kg gold worth Rs 405 cr in FY22, highest from Myanmar")
FinMin rejects provision for tax benefits to SEZs under DESH Bill
Says proposed incentives would "create havoc" for units outside the zones
 "FinMin rejects provision for tax benefits to SEZs under DESH Bill")
Nirmala Sitharaman to address revenue intelligence officers on Monday
Finance Minister Nirmala Sitharaman will on Monday address Revenue Intelligence officers at the DRI foundation day event in the national capital
RSS leaders urge Centre to restore old pension scheme, raise import duty
The demand was made during Union Finance Minister Nirmala Sitharaman's meeting with RSS leaders that took place between Nov 21 and Nov 29
 "RSS leaders urge Centre to restore old pension scheme, raise import duty")
Just when things look…: Beware the surprise that catches you unprepared
As the system emerges from the Covid trauma and India shifts its sights to long-term targets, attention must turn to the underlying weaknesses that may scupper ambitious aspirations, writes T N Ninan
Private consumption edges up in Q2; infra investment almost flat
PFCE, a proxy for household and private sector consumption, was 61.6% of nominal GDP in Q2FY23, as against 61.1% in the previous quarter and 59.5 per cent a year ago
 "Private consumption edges up in Q2; infra investment almost flat")
FM Nirmala Sitharaman confident of strong growth, low inflation in 2023
Sitharaman declined to describe specifics from the letter, but added that the government's top three priorities for 2023 will be "growth, health and education."
Budget 2023: How the finance ministry can kill many birds with one stone
The govt should shift all welfare spending into the capital spending account and call it an investment in social capital
Why do states want a bigger share of GST?
Finance ministers of some states have demanded a 10 percentage point jump in their share of revenue from GST collections. What is behind this demand? What will be its impact if implemented?
 "Why do states want a bigger share of GST?")
Budget 2023-24 should clear confusion over options for personal income tax
From 2020-21 onwards, the Budget gave an option of a lower personal income tax regime to those earning up to Rs 15 lakh, provided they forgo some exemptions
 "Budget 2023-24 should clear confusion over options for personal income tax")
Budget 2023-24: Stay on fiscal glide path, economists advise FM Sitharaman
The Finance Ministry was also urged to continue with long term loans to states to support their capex programs, and give them more leeway to spend, in order to boost growth
 "Budget 2023-24: Stay on fiscal glide path, economists advise FM Sitharaman")
Cut in tax, schemes to generate jobs among demands in pre-Budget meet
Sitharaman held eight rounds of discussions starting with India Inc on November 21 and ending with a round of consultation with economists on Monday
10 major trade unions boycott pre-budget meeting with Sitharaman
Ten major trade unions of the country, including the AITUC, INTUC, and AIUTUC among others, boycotted their pre-budget consultations with Union Finance Minister citing lack of proper time given
 "10 major trade unions boycott pre-budget meeting with Sitharaman")
Going truly federal: Why states should be allowed to levy an income tax
We need to ask why, in India, income tax is levied only by the Centre while in many other federations, the constituent units also levy it
Union Budget 2023-24: Centre invites suggestions, Dec 10 last date
For the union budget 2023-24, which will be unveiled in February next year, the finance ministry has requested public ideas and comments
 "Union Budget 2023-24: Centre invites suggestions, Dec 10 last date")
Trade unions threaten to boycott pre-budget meeting with Sitharaman
10 trade unions of the country in a letter to Nirmala Sitharaman have threatened to boycott their pre-budget meeting scheduled for Nov 28, protesting lack of proper time to put forward their demands
Work to combat climate change, boost millet production: FM urges startups
Union Finance Minister Nirmala Sitharaman on Saturday appealed to startups to touch upon less glamorous areas including climate change, millet production and improving the condition of farmers
 "Work to combat climate change, boost millet production: FM urges startups")
Naveen Patnaik urges Sitharaman to withdraw 18% GST on Kendu leaf
The CM said kendu leaf, a minor forest produce (MFP), is the financial backbone of about eight lakh leaf pluckers, binders, and seasonal workers of Odisha
 "Naveen Patnaik urges Sitharaman to withdraw 18% GST on Kendu leaf")