The RBI's guidelines on TReDS categorically state that an invoice has to be accepted by buyers before they can be financed by banks
The scheme for government employees was discontinued from April 1, 2004, and the new National Pension Scheme (NPS) was implemented
Says India probably only country that didn't resort to new taxes to fund recovery
Besides, Sitharaman pointed out that the Central government did not increase taxes last year or this year
Sitharaman said the Modi Government's belief in lowering taxes and reduction in corporate tax have started yielding results with corporate tax collection touching Rs 7.3 lakh crore so far this fiscal
The Finance Bill was approved by the Lower House after accepting 39 official amendments moved by Finance Minister Nirmala Sitharaman
FM Sitharaman is expected to move an amendment clarifying that no tax deduction or set off would be available in place of mining cost of crypto assets and other VDAs or losses from their transfer
The government on Thursday proposed to tighten the norms for taxation of cryptocurrencies by disallowing set off of any losses with gains from other virtual digital assets
FM Nirmala Sitharaman on Wednesday accused the country's first PM Jawaharlal Nehru of internationalising the Kashmir issue by taking it to UN and said India's neighbour was still misusing it
The central board has proposed to slash the PF rate to 8.1 per cent for FY22 from 8.5 per cent in FY21 and FY20, the lowest in four decades
On March 14, the union territory's budget was presented and passed by the Lok Sabha
The pivot to battery swapping was a centerpiece of Finance Minister Nirmala Sitharaman's budget speech last month
Union Finance Minister Nirmala Sitharaman and Union law and justice minister Kiren Rijiju will travel to Imphal on Sunday to attend the meeting of the newly-elected BJP MLAs in Manipur
Earlier, Buch had held a number of top positions in the private sector, including at ICICI Bank
The minister also took a dig at the previous UPA government and said eight times money was given to ABG Shipyard, a company that was going through restructuring
Sitharaman said that the GST Council should not be politicised as it is a body in which every finance minister from every state sits and decides on how the disbursements happen.
Chinese banks have written to Finance Minister Nirmala Sitharaman on the delays in the implementation of the Resolution Plan for Reliance Infratel Limited.
Sitharaman also presented the supplementary demands for the year 2021-22 totalling Rs 18,860.32 crore for the Union Territory
This is down from Rs 1.57 trillion worth of loans guaranteed in 2020-21
Some of the big items include Rs 14,902 crore for fertiliser subsidy and Rs 30,170 crore for credit-linked subsidy scheme houses for economically weaker sections