The FM said taxpayers will not be charged even a single penny.
Sitharaman on Friday said the same persons were raided in 2013 as well, but no issue was made out then as it is being done now.
Even though the FM did not make any direct reference to appealing against the Cairn award, she it's her 'duty' to appeal in cases where the nation's sovereign authority to tax is questioned
Sitharaman made the announcement on Twitter
What do the Budget proposals, as well as the proposed LIC IPO and privatisation of one general insurance company mean for the sector? Nikita Vashisht explains
The NSE had on Wednesday halted trading on the stock exchange for nearly four hours due to a technical glitch.
'Lesson from the tech glitch is that seamless digital payments is something govt officials have to clearly have a roadmap for,' says Sitharaman
Louis Berger is a global infrastructure advisory firm
Finance Minister TM Thomas Issac on Sunday said she should have realized that the dignity of the position eroded when she delivers such speech without understanding
Cite constraints on revenue, already hit by Covid lockdowns; 'ball in Centre's court'
Sitharaman participated virtually in the First G20 Finance Ministers and Central Bank Governors meeting under the Italian Presidency to discuss policy actions for transformative and equitable recovery
Besides, SpiceJet plans to lease seaplanes from India; Hindustan Aeronautics will explore channelising lease agreement--being discussed with Alliance Air for two Dornier aircraft--through IFSC
The Cryptocurrency and Regulation of Official Digital Currency Bill, 2021 (Crypto Bill), which is included in the agenda of the Lower House of Parliament, could be introduced in the monsoon session
Says Budget shows govt trusts wealth creators, marking directional change
On a separate note, Sitharaman says govt's intent is not to shut down PSUs but it wants pvt sector to infuse more capital and bring operational efficiency
She lauded the reform of faceless assessment for direct and indirect taxes, saying that tax terrorism will be a thing of the past, but also warned that "technology terrorism" will now gain ground
Move will spur competition, promote efficiency in customer service standards
Over the years, PSUs have been unsuccessful in selling their land assets due to pending litigation and lease terms
The Reserve Bank of India (RBI) bought about Rs 26,000 crore of bonds from the secondary market anonymously on February 12, a day after it bought Rs 20,000 crore as part of its announced OMOs
Railway ministry denies charge, says divestment planned for next year