Page 239 - Latest Updates on Nirmala Sitharaman
Gaps in FM Nirmala Sitharaman's Budget 2020 team have experts worried
Budget will be presented in Parliament in early 2020; people joining now will find it difficult to pick up
 "Gaps in FM Nirmala Sitharaman's Budget 2020 team have experts worried")
Budget 2020: Finance ministry seeks suggestions on direct, indirect taxes
The move is estimated to result in Rs 1.45 trillion in revenue loss for the government during 2019-20
 "Budget 2020: Finance ministry seeks suggestions on direct, indirect taxes")
Budget 2020: FinMin seeks industry inputs on direct, indirect tax changes
'Views may be supplemented and justified by relevant statistical information about the production, prices, revenue implication of the changes suggested'
 "Budget 2020: FinMin seeks industry inputs on direct, indirect tax changes")
India's deposit insurance cover lowest among BRIC, says FM Sitharaman
The ratio for China stands at 7.4, and for Russia, it is 2.2
 "India's deposit insurance cover lowest among BRIC, says FM Sitharaman")
Amid slowing economy, corporation tax mop-up contracts 1% in Apr-Nov
The collection numbers are expected to worsen further once the impact of the corporation tax rate cuts becomes visible in the third advance tax collection instalment due on December 15
 "Amid slowing economy, corporation tax mop-up contracts 1% in Apr-Nov")
Govt open to further reforms to attract more investments: FM Sitharaman
India plans to invest about Rs 1 trillion in infrastructure sector in the next five years
 "Govt open to further reforms to attract more investments: FM Sitharaman")
Record Rs 4.9 trillion loans disbursed during Oct-Nov: Sitharaman
Finance Minister Nirmala Sitharaman in September had asked banks to reach out to customers and signal their willingness to lend following all prudential norms
Govt open to further reforms to attract more investment: Sitharaman
The government has taken various steps, including reduction of corporate tax, she said at India-Sweden Business Summit
 "Govt open to further reforms to attract more investment: Sitharaman")
Top business headlines: FM ends MAT confusion, YES Bank shares hit, & more
Finance Minister Nirmala Sitharaman spoke of the challenges in maintaining fiscal discipline, while comparing the Modi government's fiscal record with that of the Manmohan Singh government
 "Top business headlines: FM ends MAT confusion, YES Bank shares hit, & more")
FM Sitharaman ends MAT confusion: Reduced rate to be applicable from FY20
Reduced rate applicable from current FY; final call on fiscal deficit will be taken at Revised Estimate stage
 "FM Sitharaman ends MAT confusion: Reduced rate to be applicable from FY20")
The sound of silence
Rahul Bajaj said nothing new but the govt should listen all the same
 "The sound of silence")
Open to suggestions, criticism from industrialists: FM Nirmala Sitharaman
FM said she stands by her comment that Rahul Bajaj should have sought answers from govt
'Absolutely unfair' to say govt averse to criticism: FM Sitharaman
According to the minister, industry leaders do approach her and she also goes around the country speaking to them.
Corporate tax cut to boost investments; green shoots visible: Sitharaman
The finance minister said "people are approaching" the government for fresh investment which will help in generating more jobs as well as make India a manufacturing hub in the future
 "Corporate tax cut to boost investments; green shoots visible: Sitharaman")
Gross direct tax collection up by 5% till November: Nirmala Sitharaman
Replying to a debate on Taxation Law Amendment Bill, 2019 in the Lok Sabha, the minister categorically said there is no decrease in direct tax collection.
Govt's move to reduce corporation tax has had a 'positive impact': FM
Sitharaman said many countries in South East Asia had reduced their corporate tax to attract investment and cited examples of Thailand, Vietnam and Singapore.
 "Govt's move to reduce corporation tax has had a 'positive impact': FM")
Tax cuts aimed at attracting investment, generating jobs: Sitharaman
The Bill seeks to replace the Ordinance which was promulgated by the President in September
 "Tax cuts aimed at attracting investment, generating jobs: Sitharaman")
78% PMC bank depositors can withdraw entire deposits: Sitharaman
The Finance Minister said that in case of medical emergencies, marriages and other crisis situations, a depositor of the PMC Bank can withdraw up to Rs 100,000
Always better to seek an answer than spreading one's own impression: FM
Kiran Mazumdar- Shaw says India Inc is treated as pariahs
 "Always better to seek an answer than spreading one's own impression: FM")
India Inc is a pariah, feels govt dislikes criticism: Kiran Mazumdar Shaw
Shaw's remarks came a day after veteran industrialist Rahul Bajaj said the people were afraid to criticise the government.
 "India Inc is a pariah, feels govt dislikes criticism: Kiran Mazumdar Shaw")