Finance Bill 2023: Debt funds with less than or equal to 35 per cent invested in equity shares will be taxed at the investors' income tax slab and treated as short-term capital gains
While moving the bill for passage and consideration, finance minister Sitharaman also announced the setting up of a committee under finance secretary to look into pension issues of government employee
Employees from several states have been demanding a change in the current pension system. Some states, including Rajasthan, Chhattisgarh, Jharkhand have already switched back to the old pension scheme
Union Finance Minister Nirmala Sitharaman on Friday, will move the Finance Bill 2023, to give effect to the financial proposals of the central government
World Bank presidential nominee Ajay Banga has tested positive for Covid during routine testing in New Delhi where he was travelling on the last leg of his world tour, and is currently quarantining
These discussions will focus on India's development priorities, the World Bank, and global economic development challenges, the Treasury said in a statement
About 60 per cent of banks' investment book is in the HTM portfolio, analysts at Macquarie Research wrote
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Regularly scheduled meeting could discuss banking troubles in the US and Europe
Finance minister Niramala Sitharaman is scheduled to meet managing directors of public sector banks on March 25 for performance review in the backdrop of failure of few banks in the US
Banks make their own assessment of amount and denominational requirement for ATMs on the basis of past usage, consumer requirement, seasonal trend, etc," she said
India needs legislation on cryptos
The government informed the Rajya Sabha that it is taking steps to make India a $5 trillion economy earlier than the International Monetary Fund's forecast year of 2026-27
Union Finance Minister Nirmala Sitharaman will today present Supplementary Demands for Grants in respect of the Union Territory of Jammu and Kashmir for 2022-23 in Rajya Sabha
Nine banks, viz., State Bank of India, Bank of Baroda, Union Bank of India, HDFC Bank, ICICI Bank, Kotak Mahindra Bank, Yes Bank, IDFC First Bank and HSBC
Finance Minister Nirmala Sitharaman on Monday will present the budget for 2023-24 for the union territory of Jammu and Kashmir in the Lok Sabha
While Minister of State for Parliamentary Affairs V Muraleedharan will move a motion for appointment of members in the Public Accounts Committee and public sector undertakings
Union Finance Minister Nirmala Sitharaman on Friday discussed opportunities for deepening New Delhi-Canberra economic cooperation with Australian Trade and Tourism Minister Don Farrell
US Commerce Secretary Gina Raimondo discussed key areas of shared interests including the Indo-Pacific region in her meetings with top Indian leadership including Finance Minister Nirmala Sitharaman
"Of this, Rs 1.7 trillion can come from public sector enterprises and Rs 1.8 trillion from public sector financial institutions," the report stated