Page 130 - Latest Updates on Nirmala Sitharaman
Many states request GST compensation extension beyond 5 years: FM
Many states have requested extension of the compensation mechanism under the GST beyond June 2022, Finance Minister Nirmala Sitharaman said on Monday.
 "Many states request GST compensation extension beyond 5 years: FM")
CPI leader Binoy Viswam urges FM to reconsider EPFO rate slash
In a letter he wrote to the minister, Viswam accused the BJP-led government of showing its true colours just after the party secured electoral victories in four states
 "CPI leader Binoy Viswam urges FM to reconsider EPFO rate slash")
Digital economy to see exponential growth to $800 bn by 2030: FM
The total number of retail investor accounts has almost doubled, from about 45 million as of March 2016 to 88.2 million by March 31 2021, said Finance Minister Nirmala Sitharaman
 "Digital economy to see exponential growth to $800 bn by 2030: FM")
FM Sitharaman discusses impact of rising commodity prices with IMF chief
Finance Minister Nirmala Sitharaman held a virtual meeting with IMF MD Kristalina Georgieva and discussed various issues, including the impact of rising commodity prices on world economy.
 "FM Sitharaman discusses impact of rising commodity prices with IMF chief")
FM Sitharaman invites Canadian pension funds to invest in infra projects
Finance Minister Nirmala Sitharaman on Friday invited Canadian pension funds to invest in the National Monetization Pipeline and National Infrastructure Pipeline.
 "FM Sitharaman invites Canadian pension funds to invest in infra projects")
Digital technology should reach every nook and corner of India: Sitharaman
Union Minister for Finance and Corporate Affairs Nirmala Sitharaman on Thursday asserted here that the benefits of digital technology should reach every nook and corner of the country
 "Digital technology should reach every nook and corner of India: Sitharaman")
GST compensation cess period already extended till March 2026: FM
The Union Minister was responding to a query on Karnataka Chief Minister Basavaraj Bommai's statement requesting the Centre to extend the GST compensation period, which ends in June.
 "GST compensation cess period already extended till March 2026: FM")
Ukraine war will have impact on Indian economy: FM Nirmala Sitharaman
The ongoing Russia-Ukraine war will certainly have an impact on the Indian economy, Union Finance Minister Niramala Sitaraman said on Tuesday.
We see clear advantages in a central bank driven digital currency: FM
FM Nirmala Sitharaman on Tuesday said the 'Digital Rupee' is a conscious call taken in consultation with the RBI and the government sees clear advantages in a central bank driven digital currency
FM raises concern on rising oil prices; Puri says oil cos to decide on hike
India relies on overseas purchases to meet about 85 per cent of its oil requirement, making it one of the most vulnerable in Asia to higher oil prices
Increased duty on imported goods to add fillip to self-reliance, says FM
Sitharaman said the Atma Nirbhar philosophy is a guiding principle but it is not blindly applied in a manner that it affected the Indian interests.
 "Increased duty on imported goods to add fillip to self-reliance, says FM")
Matter of pride that India has a woman finance minister: PM Modi
PM Modi on Tuesday said it was a matter of pride that a large country like India has a woman finance minister who has presented a progressive Budget this year for Asia's third largest economy.
Industry has a role to play in reducing tax disputes, says FinMin
Two prominent policymakers - finance secretary TV Somanathan and revenue secretary Tarun Bajaj - said on Monday that the larger industry had a big role to play in reducing tax disputes
 "Industry has a role to play in reducing tax disputes, says FinMin")
Sitharaman raps CBDT and CBIC for not addressing tax assessees grievances
Union Finance Minister Nirmala Sitharaman on Monday came down heavily on the tax boards for allegedly not responding to grievances of the tax assessees
 "Sitharaman raps CBDT and CBIC for not addressing tax assessees grievances")
PM Narendra Modi to chair webinars on infrastructure, divestment
The objectives of these meetings will be to brainstorm with experts from the public and private sectors, academia and industry
PM Narendra Modi to chair webinars on infrastructure, divestment
The objectives of these meetings will be to brainstorm with experts from the public and private sectors, academia and industry
 "PM Narendra Modi to chair webinars on infrastructure, divestment")
GST Council may consider raising lowest slab to 8%, rationalise tax slabs
The GST Council in next meet may look at raising the lowest tax slab to 8%, from 5%, and prune the exemption list in the GST regime
COSMOS to democratise learning & ignite inquisitiveness: Sitharaman
Union Finance Minister Nirmala Sitharaman on Sunday laid the foundation stone of a state-of-the-art planetarium in Mysore University's Chamundi Hill Campus.
Russian invasion of Ukraine and Budget 2022
While Russia's invasion of Ukraine doesn't quite throw Budget 2022 out the window yet, it does mean the fiscal maths will need a significant re-look.
E-Bill system will end 'rent seeking' in govt contracts: FM Sitharaman
Nirmala Sitharaman said the new Electronic Bill (e-Bill) processing system will stop any possible 'rent seeking' in the clearance of dues to contractors or suppliers of government departments.