Page 79 - Latest Updates on Nirmala Sitharaman
State-owned LIC presents dividend cheque of Rs 1,831 crore to FM Sitharaman
Despite two decades of opening up of the insurance sector, LIC continues to be the market leader in the Indian life insurance market, the company said
 "State-owned LIC presents dividend cheque of Rs 1,831 crore to FM Sitharaman")
Capex by large CPSEs touches 42.5% of budget target in April-August
NHAI and Railways drive robust growth in capex
 "Capex by large CPSEs touches 42.5% of budget target in April-August")
From FTA to FinTech: Highlights from India-UK Economic Financial Dialogue
Union Finance Minister Nirmala Sitharaman and UK's Chancellor of the Exchequer Jeremy Hunt discuss collaborations in financial services, infrastructure, and trade
 "From FTA to FinTech: Highlights from India-UK Economic Financial Dialogue")
Govt may relook at allowing Indian companies to list overseas: FM
Under current regulations, Indian firms are not allowed to list directly on overseas exchanges. They can only list on foreign exchanges through instruments such as depository receipts
FM Sitharaman discusses capital adequacy framework with World Bank, ADB
Sitharaman and Banga stated that they look forward to Volume 2 of the report that will be submitted during the 4th FMCBG meeting in Morocco in October
 "FM Sitharaman discusses capital adequacy framework with World Bank, ADB")
FM Sitharaman meets China's Liu Kun; discusses G20-related issues
It is to be noted that China President Xi Jinping decided to not attend the G 20 Summit. China was represented by its Prime Minister Li Qiang
 "FM Sitharaman meets China's Liu Kun; discusses G20-related issues")
India's external debt-service ratio at 5.3% within comfort zone: FM
The long-term debt constituted 79.4% of total external debt, while short-term debt, which is 20.6% of the total external borrowing, is basically incurred to finance imports, she said
 "India's external debt-service ratio at 5.3% within comfort zone: FM")
FM Sitharaman exchanges pleasantries with UK PM Sunak at G20 dinner
They both discussed the issues of mutual interest and areas of collaboration to further enhance the friendship between the two nations
 "FM Sitharaman exchanges pleasantries with UK PM Sunak at G20 dinner")
Indian G20 presidency has walked the talk on MDBs, inclusion: FM Sitharaman
Expert group report on MDB reforms, IMF-FSB synthesis note on crypto to be taken up in next finance track meeting in Marrakesh
 "Indian G20 presidency has walked the talk on MDBs, inclusion: FM Sitharaman")
G20 Summit 2023: Major developments that happened on September 8
Here is a recap of the events that happened on September 8 ahead of the G20 Summit
 "G20 Summit 2023: Major developments that happened on September 8")
28% GST on deposit refunds issued by online gaming portals, casinos
Once a given amount is deposited with the platform, tax will be imposed on the whole amount, irrespective of the part of the deposit returned to the player at a later point
 "28% GST on deposit refunds issued by online gaming portals, casinos")
Tax filing will have to double every nine years to meet FY47 target
Growth rate to achieve target would be over 8% per annum
 "Tax filing will have to double every nine years to meet FY47 target")
ITR filings increased threefold in each tax bracket: FM Sitharaman
Taxable workforce will be 85.3% by 2047 against 22.5% now
 "ITR filings increased threefold in each tax bracket: FM Sitharaman")
FM Sitharaman asks financial entities to ensure customers nominate heirs
As per a report, the banking system alone has over Rs 35,000 crore of unclaimed deposits, while the overall quantum of the unclaimed money is said to be more than Rs 1 trillion
 "FM Sitharaman asks financial entities to ensure customers nominate heirs")
Discussions on global framework to regulate crypto underway: FM Sitharaman
Sitharaman added that cryptocurrencies can not be regulated efficiently without the cooperation of all countries
 "Discussions on global framework to regulate crypto underway: FM Sitharaman")
Focus on digital capability upgrade, FM Sitharaman tells rural banks
The Centre has a 50 per cent stake in RRBs while sponsor banks and state governments own 35 per cent and 15 per cent, respectively
FM Sitharaman to launch 'Mera Bill Mera Adhikar' scheme on Sep 1: Chautala
Chautala said that under this scheme, the consumers will have to upload the receipt of the purchase of the goods on a portal
 "FM Sitharaman to launch 'Mera Bill Mera Adhikar' scheme on Sep 1: Chautala")
Nirmala Sitharaman asks RRBs to remove duplication of PMJDY accounts
Finance Minister Nirmala Sitharaman on Wednesday asked Regional Rural Banks to make efforts to remove duplication of Pradhan Mantri Jan Dhan Yojana (PMJDY) accounts.
Inflation will remain steady in coming months, growth on track: FinMin
Food price inflation rose to 11.5% in July, its highest in more than 3-1/2 years, while India is set to receive its sparsest monsoon rains in eight years
 "Inflation will remain steady in coming months, growth on track: FinMin")
Centre likely to infuse capital in certain regional rural banks in FY24
Union Finance Minister Nirmala Sitharaman will hold a meeting with chairpersons and senior officials of RRBs from the Northern region in New Delhi on Wednesday