Page 84 - Latest Updates on Nirmala Sitharaman
Govt's battery swapping policy for EVs faces resistance from industry
Finance Minister Niramala Sitharaman first talked about the battery-swapping plan in her budget speech in February 2022
 "Govt's battery swapping policy for EVs faces resistance from industry")
FM Sitharaman's meet with PSBs on July 6 to focus on performance review
Sitharaman on Saturday at an event said the performance of PSBs had improved on account of various initiatives taken by the Modi government since 2014
 "FM Sitharaman's meet with PSBs on July 6 to focus on performance review")
Falling inbound shipments cast a shadow on IGST and cess on imports
Imports were the only exception in the otherwise strong GST numbers in the first three months of the current financial year
 "Falling inbound shipments cast a shadow on IGST and cess on imports")
LIVE: SC protects Setalvad from arrest, stays Gujarat HC order for a week
Catch the latest updates from around the world here
 "LIVE: SC protects Setalvad from arrest, stays Gujarat HC order for a week")
During UPA money was given to not-so-worthy customers resulting in NPAs: FM
Net profits of the Public Sector Banks (PSBs) have almost tripled, increasing from Rs 36,270 crore in FY2014 to Rs 1.04 lakh crore in FY 2022-23, she informed
 "During UPA money was given to not-so-worthy customers resulting in NPAs: FM")
GST added to revenue buoyancy, helped bring down taxes for common man: FM
Before GST was introduced, India's indirect tax system was fragmented, where every state was effectively a distinct market for the industry as well as the consumer
 "GST added to revenue buoyancy, helped bring down taxes for common man: FM")
PSBs should focus on robust asset-liability & risk management: Sitharaman
Profit of public sector banks increased to Rs 1.04 trillion in 2022-23
 "PSBs should focus on robust asset-liability & risk management: Sitharaman")
GST increased states' revenue buoyancy, benefit stands out as exemplary: FM
Giving a comparison of the tax rates pre and post-GST, Sitharaman said, "GST has done justice to the consumers by bringing the rates down compared to the previous regime"
 "GST increased states' revenue buoyancy, benefit stands out as exemplary: FM")
Economy has moved from twin-balance sheet problem, banks now profitable: FM
The twin-balance sheet problem refers to deterioration in financial health of banks and corporates at the same time
 "Economy has moved from twin-balance sheet problem, banks now profitable: FM")
FM Sitharaman interacts with under Rozgar Mela scheme recruits in Chennai
Union Finance Minister Nirmala Sitharaman on Friday met the new recruits who received job offers in various departments under the Government of India's Rozgar Mela.
 "FM Sitharaman interacts with under Rozgar Mela scheme recruits in Chennai")
Go Green, Earn Credits: Govt starts Green Credits scheme under Mission LiFE
Mechanism will be implemented in phases. Initially, 2-3 activities from eight sectors are being considered for piloting the Programme. Later, more activities will be added from the selected sectors
 "Go Green, Earn Credits: Govt starts Green Credits scheme under Mission LiFE")
Odisha CM Patnaik urges FM Sitharaman to withdraw 18% GST on Kendu leaves
He said the tribal people collect the leaves as part of their rights defined under the Scheduled Tribes and Other Traditional Forest Dwellers
 "Odisha CM Patnaik urges FM Sitharaman to withdraw 18% GST on Kendu leaves")
Nirmala Sitharaman slams Obama for remarks on Indian minority rights
Sitharaman made the observation that several Muslim-majority countries had faced bombings orchestrated by the United States during President Barack Obama's tenure
Cleartax forays into crypto tax segment, expects 1 mn filings this year
The online tax filing company has integrated with over 100 crypto exchanges, including Coinbase, CoinDCX, Binance, and WazirX, to provide taxation services at one common platform 'CryptoTax'
 "Cleartax forays into crypto tax segment, expects 1 mn filings this year")
Govt to launch portal for unclaimed shares, dividends by February 2024
Currently, investors have to produce about 24 documents for refunds. As a part of the refund process, these documents are checked multiple times at various stages of the process
 "Govt to launch portal for unclaimed shares, dividends by February 2024")
'Standing on shoulders of UPA': Chidambaram's takes a dig at Modi govt
The Hon'ble Finance Minister has penned an article on the achievements of the Modi Government. Many examples she has cited are true as would be true of EVERY govt that has ruled for 5 or 10 years
 "'Standing on shoulders of UPA': Chidambaram's takes a dig at Modi govt")
Modi's US tour impactful for realising of national goals: Sitharaman
Union minister Nirmala Sitharaman termed Prime Minister Narendra Modi's US tour impactful and said the bilateral decisions taken during his visit have established steps towards greater realisation
FM Sitharaman holds bilateral meetings on sidelines of Paris Summit
Finance Minister Nirmala Sitharaman on Friday held a series of bilateral meetings with her counterparts in France, Brazil and UAE on the sidelines of the Paris summit on the new global financing pact
Digital public infra helped make optimum use of taxpayers' money: FM
Finance Minister Nirmala Sitharaman on Thursday said digital public infrastructure has allowed India to make optimum use of taxpayers' money
MDBs' lending resources to face more pressure: FM Nirmala Sitharaman
Sitharaman says G20 under India's presidency to touch upon all aspects of MDB evolution
 "MDBs' lending resources to face more pressure: FM Nirmala Sitharaman")