Page 118 - Nirmala Sitharaman

RBI took steps to promote rupee as preferred currency for global trade: FM

RBI asked banks to put in place additional arrangements for export and import transactions in Indian rupees in view of increasing interest of the global trading community in the domestic currency.

AAP MP lauds Centre's decision to waive off GST from religious places

Punjab Rajya Sabha MP Vikramjit Singh Sahney on Friday thanked Union Finance Minister Nirmala Sitharaman after waiving off Goods and Services Tax (GST) from religious places including Sarais in or around Gurdwaras.Earlier today, the central government cleared the air regarding doubts about GST on Sarais (accommodations) run by religious or charitable trusts, saying it is not true."I am happy to inform all the Punjabis and Sikh devotees that this morning honourable finance minister and GST council CBIC allowed GST Exemption to precincts of a religious place including Sarai even if it is located outside the boundary wall of a complex of a religious place, in the surrounding area, and managed by the same trust & management," Vikramjit told ANI."I thanked Nirmala Sitharaman for accepting our demands and waiving off GST from Sarai's," Sahney told ANI.Punjab MP Vikramjit Singh Sahni said that this is a big relief for the devotees after the waiving off GST charges from religious places

Bumper GST collections could lead to compensation windfall for states

Extending compensation is a topic that has remained a sticking point in India's federal structure, with not only opposition states but also BJP-governed states speaking about it

Foreign tourist arrivals pick up, but still a long way behind 2019 levels

Govt spells out two-pronged strategy to improve numbers; but industry warns of low interest in India

Panel led by cabinet secy seeks more info on Central Electronics sale

Privatisation of state-owned firm held up after money laundering case against top bidder

Aiming for cooperative federalism, govt created Centre-states mistrust

There is no love lost between the Centre and the states, particularly those ruled by the Opposition parties on various issues

Looking through supply-side inflation is a flawed approach: Viral Acharya

Financial market dominance over central banks is a huge problem and challenge, former RBI deputy governor says

No GST on chequebooks for customers, only on bank buying from printer: FM

Also, there is no GST on crematorium, funeral, burial, or mortuary services, the minister said and explained the Goods and Service Tax has been levied on the construction of new crematoriums.

No collapse, rupee taking its natural course, says FM Nirmala Sitharaman

Sitharaman informed the Rajya Sabha that the RBI is continuously monitoring the local currency and intervening only if there is volatility.

FM defends handling of inflation, says GST regime hasn't raised tax burden

In Rajya Sabha, Sitharaman said GST tax on food items such as rice, wheat flour and curd was agreed to by all states and that such a levy pre-existed on one or the other daily essentials in 22 states

States taxed items consumed by poor in pre-GST era: FM Sitharaman

She also said the government has contained prices of tomato, onion, and potato, while comparing rates with those prevailing in November 2013.

Notices issued to three Chinese mobile companies for tax evasion: FM

FM Sitharaman was replying to supplementaries during Question Hour

Taking action against dubious digital loan apps, says FM Sitharaman

Most of the dubious apps are originating from one particular country and as a result a lot of borrowers are harassed and money is being extorted from by these apps, she said

Notices issued to 3 Chinese mobile companies for tax evasion: FM Sitharaman

The government is looking into cases of alleged tax evasion by three mobile companies of China and notices have been given to them, FM Nirmala Sitharaman informed Rajya Sabha

Top Headlines: Debate on RBI rate hike, Zomato biz structure change & more

Zomato is on an internal rebranding exercise by moving to a multiple chief executive structure for its businesses that will be housed under a larger organisation called Eternal

No question of recession or stagflation in India, says FM Sitharaman

FM says govt making efforts to bring inflation below 7%

No question of India getting into stagflation or recession: FM in Lok Sabha

India remains fastest growing economy in assessment of global agencies, says Nirmala Sitharaman

NDA govt brought in fundamental change under PM Modi: Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Saturday said the ruling NDA has brought in a fundamental change at the Centre under the leadership of Prime Minister Modi through its developmental schemes

Delete tweets on Smriti Irani's daughter: Delhi HC to Congress leaders

The leaders have deleted the tweets but have said they will respond to the summons and fight the case in court

Fiscal deficit expected to follow previous years' trend in June quarter

Centre's capex outlay may touch 20 per cent of full-year target in Q1 at Rs 1.5 trillion