Page 154 - Latest Updates on Nirmala Sitharaman
Avg annual revenue collection from tobacco products at Rs 53,750 cr: FM
Finance Minister Nirmala Sitharaman on Tuesday told the Rajya Sabha that the average annual revenue collection, including GST and excise duty, from tobacco products, stands at about Rs 53,750 crore.
 "Avg annual revenue collection from tobacco products at Rs 53,750 cr: FM")
Sitharaman as FM: Some positive surprises, a few works in progress
Tax, revenue and macroeconomic trends are encouraging, but more needs to be done on privatisation, clean-up of banking mess, anti-protectionism, and de-politicisation of govt bodies, writes T N Ninan
Rahul urges FM to extend moratorium on repayment of short-term crop loans
Congress leader Rahul Gandhi on Thursday wrote to Finance Minister Nirmala Sitharaman urging the Centre to extend the moratorium on repayment of short-term crop loans of farmers to December 31
 "Rahul urges FM to extend moratorium on repayment of short-term crop loans")
Rahul writes to FM seeking relief to farmers on repayment of crop loans
Congress leader Rahul Gandhi on Thursday wrote to Finance Minister Nirmala Sitharaman urging her to extend the moratorium on repayment of short-term.crop loans by farmers to December 31, 2021.
 "Rahul writes to FM seeking relief to farmers on repayment of crop loans")
Factoring Regulation Bill to open more credit facilities for MSMEs: FM
The amendments approved by Rajya Sabha Thursday will give an impetus to the economy by providing an efficient working capital cycle for MSMEs, Sitharaman said.
 "Factoring Regulation Bill to open more credit facilities for MSMEs: FM")
Finance Ministry invites entries for new DFI's name, tagline and logo
The finance ministry on Wednesday invited entries from citizens for name, tagline and logo for the new Development Financial Institution
 "Finance Ministry invites entries for new DFI's name, tagline and logo")
Issues with new income tax portal to be resolved soon, says FM
Sitharaman said Infosys had done trial runs before the June 7 launch but users faced technical issues in accessing the portal.
 "Issues with new income tax portal to be resolved soon, says FM")
Number of wilful defaulters rises to 2,494: FM informs Parliament
Banks are required to take steps to initiate the legal process, wherever warranted, against the borrowers or guarantors for recovery dues, she said.
 "Number of wilful defaulters rises to 2,494: FM informs Parliament")
No plan to print currency notes to tide over economic crisis: Sitharaman
Many economists and experts have suggested the government to resort to printing more currency notes to support the economy
 "No plan to print currency notes to tide over economic crisis: Sitharaman")
Rationalise Customs duty
Besides removing exemptions, overall simplification is necessary
 "Rationalise Customs duty")
Nirmala Sitharaman introduces IBC (Amendment) Bill 2021 in Lok Sabha
Sitharaman is in charge of both finance and corporate affairs ministries.
 "Nirmala Sitharaman introduces IBC (Amendment) Bill 2021 in Lok Sabha")
Honest taxpayers deserve to be recognised for paying due share of taxes: FM
Finance Minister Nirmala Sitharaman on Saturday said honest taxpayers deserve to be recognised for dutifully paying their due share of taxes
Govt seeks Parliament nod for net additional Rs 23,675 crore spending
The extra spending is on top of the budgeted Rs 34.83 trillion announced for the 2021/22 fiscal year in February
 "Govt seeks Parliament nod for net additional Rs 23,675 crore spending")
Creditors got Rs 2.45 trn from 394 resolution cases under IBC: FinMin
Amount realised in top 100 CIRPs is Rs 2.37 trillion, over 36% of admitted claims
Strong fundamentals, market size will attract foreign investments: FM
India's strong fundamentals and market size will continue to attract market-seeking greenfield investments, Finance Minister Nirmala Sitharaman said in a written reply to Lok Sabha
Wide-ranging reforms make India attractive destination for investment: FM
India's continuous wide-ranging reforms make the country an attractive destination for foreign investments, Finance Minister Nirmala Sitharaman said while addressing executives of top US companies.
Real winners of the reshuffle
New responsibilities for the finance minister and the home minister indicate the government's focus on privatisation and cooperatives
 "Real winners of the reshuffle")
Bhutan first country to adopt UPI; FM hails platform's role during lockdown
Sitharaman says platform facilitated 22 billion transactions worth Rs 41 trillion in 2020-21
 "Bhutan first country to adopt UPI; FM hails platform's role during lockdown")
India sets up bad bank to reduce debt burden, free up lenders
National Asset Reconstruction Company Ltd's paid-up capital is Rs 74.6 crore
 "India sets up bad bank to reduce debt burden, free up lenders")
Glitches continue to mar I-T portal functioning even after review: Report
A month after its launch and two weeks after the finance minister reviewed its functioning, technical glitches continue to mar the functioning of the new income tax portal
 "Glitches continue to mar I-T portal functioning even after review: Report")