There is no love lost between the Centre and the states, particularly those ruled by the Opposition parties on various issues
Financial market dominance over central banks is a huge problem and challenge, former RBI deputy governor Viral Acharya says
Also, there is no GST on crematorium, funeral, burial, or mortuary services, the minister said and explained the Goods and Service Tax has been levied on the construction of new crematoriums.
Sitharaman informed the Rajya Sabha that the RBI is continuously monitoring the local currency and intervening only if there is volatility.
In Rajya Sabha, Sitharaman said GST tax on food items such as rice, wheat flour and curd was agreed to by all states and that such a levy pre-existed on one or the other daily essentials in 22 states
She also said the government has contained prices of tomato, onion, and potato, while comparing rates with those prevailing in November 2013.
FM Sitharaman was replying to supplementaries during Question Hour
Most of the dubious apps are originating from one particular country and as a result a lot of borrowers are harassed and money is being extorted from by these apps, she said
The government is looking into cases of alleged tax evasion by three mobile companies of China and notices have been given to them, FM Nirmala Sitharaman informed Rajya Sabha
Zomato is on an internal rebranding exercise by moving to a multiple chief executive structure for its businesses that will be housed under a larger organisation called Eternal
FM says govt making efforts to bring inflation below 7%
India remains fastest growing economy in assessment of global agencies, says Nirmala Sitharaman
Finance Minister Nirmala Sitharaman on Saturday said the ruling NDA has brought in a fundamental change at the Centre under the leadership of Prime Minister Modi through its developmental schemes
The leaders have deleted the tweets but have said they will respond to the summons and fight the case in court
Centre's capex outlay may touch 20 per cent of full-year target in Q1 at Rs 1.5 trillion
Kerala Finance Minister K N Balagopal has written to Nirmala Sitharaman asking her not to include borrowings of state entities while fixing their debt limits
Fears of a huge revenue loss from the 2019 reduction in corporation tax rates were exaggerated
Global factors such as the Russia-Ukraine conflict, soaring crude oil prices and tightening of global financial conditions are major reasons for the weakening of the Indian Rupee against the US Dollar
Kerala FM K N Balagopal has requested Nirmala Sitharaman to exclude balances in the public account of the states and borrowings by entities run by them while determining their net borrowing capacity
On questions on money deposited in Swiss banks by Indians, Sitharaman said: "There is no official estimate of amount of money deposited by Indian citizens and companies in Swiss banks".