Page 160 - Latest Updates on Nirmala Sitharaman
DFI goes back to the future: Will changes boost infra funding in India?
The Bill suggests that the government has learned from past mistake
 "DFI goes back to the future: Will changes boost infra funding in India?")
Sebi to set up fund to buy stressed corporate bonds: FM Sitharaman
The new fund will be set up as an alternative investment fund
 "Sebi to set up fund to buy stressed corporate bonds: FM Sitharaman")
We got India as part of fragile 5, now among fastest-growing economies: FM
FM targeted the UPA over management of the economy during its rule and said NDA government had inherited India as part of "fragile five" and it has since become one of the fastest-growing economies
 "We got India as part of fragile 5, now among fastest-growing economies: FM")
Retro changes to Google Tax will hurt foreign investment: Industry
The government widened the scope to impose 2 per cent tax on non-resident e-commerce players with a turnover of Rs 2 crore from April 1, 2020
 "Retro changes to Google Tax will hurt foreign investment: Industry")
Amendments to the Finance Bill 2021 plug tax loophole in slump sale
Amendments to the finance Bill, 2021, say that fair market value (FMV) will be taken as consideration of the sale
 "Amendments to the Finance Bill 2021 plug tax loophole in slump sale")
Duty revisions after Oct to come with sunset clause, says FM Sitharaman
Government will rationalise customs duties after consultations, says finance minister
 "Duty revisions after Oct to come with sunset clause, says FM Sitharaman")
Rejig wage structure to benefit from EPF rule change, say analysts
If employer contribution is low, get salary restructured to enjoy higher tax-free interest
 "Rejig wage structure to benefit from EPF rule change, say analysts")
Finance Bill has amendments to improve ease of doing business: Sitharaman
Sitharaman on Wednesday said that the Finance Bill,2021 has some amendments aimed at achieving a reduction in compliance and improving ease of doing business
 "Finance Bill has amendments to improve ease of doing business: Sitharaman")
Do not see India's rating downgrade because of higher spending: FM
Finance Minister Nirmala Sitharaman on Wednesday said India enjoys an investment grade rating
Let states come and discuss tax on fuel in GST Council meeting: FM
I would be glad to be having this on the agenda and discuss it. I have no issues. Let the states come and discuss it, she said in the Lok Sabha.
 "Let states come and discuss tax on fuel in GST Council meeting: FM")
Finance Bill gives relief on digital tax, provident fund threshold
Tax breaks for DFIs; way for LIC listing cleared
In spite of the pandemic
The Budget for 2021 makes a fresh beginning in dealing with numbers and estimates
 "In spite of the pandemic")
Ready to discuss bringing petrol, diesel under GST at next Council meet: FM
State levies and central excise duty account for more than half of the retail selling prices of petrol and diesel
Tax-free investment limit in PF at Rs 5 lakh if employers don't contribute
The government on Tuesday raised the deposit threshold limit to Rs 5 lakh per annum in provident fund for which interest would continue to be tax exempt.
 "Tax-free investment limit in PF at Rs 5 lakh if employers don't contribute")
DFI to get direct access to Reserve Bank of India's funding facilities
Govt may guarantee bonds, debentures and loans issued by the new institution
 "DFI to get direct access to Reserve Bank of India's funding facilities")
Govt introduces NaBFID Bill in Lok Sabha to support funding infra projects
Finance Minster Nirmala Sitharaman on Monday introduced the National Bank for Financing Infrastructure and Development (NaBFID) Bill 2021 in the Lok Sabha
 "Govt introduces NaBFID Bill in Lok Sabha to support funding infra projects")
FM asks advanced economies to scale up climate change financing commitments
Sitharaman on Friday urged advanced economies to scale up their climate change financing commitments and help emerging countries build climate resilient infrastructure
Drug for spinal muscular atrophy already exempt from import duty: FM
Finance Minister Sitharaman said imported life-saving drugs including those for spinal muscular atrophy disease for personal use are exempted from basic customs duty but they attract 5 per cent GST
RBI Dy Guv Kanungo may get extension; interviews to find successor nixed
The move comes at a time when the central bank is working on digital currency
 "RBI Dy Guv Kanungo may get extension; interviews to find successor nixed")
FM promises safeguards; Rajya Sabha passes Bill to hike FDI in insurance
Bill provides that no insurer shall invest policyholders' funds outside India, says government