Page 130 - Nirmala Sitharaman

CBI has made 'substantial progress' in NSE co-location case probe: FM

CBI has made substantial progress in the investigation into the NSE co-location case where markets regulator Sebi has found violations of norms by exchange, Finance Minister Nirmala Sitharaman said

Land special purpose vehicle on fast track as board structure finalised

The board of NLMC would have 13 directors, of which seven would be government officials and six would be from the private sector

GDP growth projections in Budget not credible, says P Chidambaram

He urged Finance Minister Nirmala Sitharaman that she must reassess these growth projections and tell the House about the more realistic nominal and real GDP growth numbers

India's FY23 fiscal deficit likely to hit 6.7% on free grains move

Finance Minister Nirmala Sitharaman has pegged the Centre's capex for FY23 at Rs 7.5 trillion

Micro, small and medium enterprises staring at enduring financial distress

The RBI's guidelines on TReDS categorically state that an invoice has to be accepted by buyers before they can be financed by banks

Old pension scheme likely to be revived, MLA fund hiked: Jharkhand CM

The scheme for government employees was discontinued from April 1, 2004, and the new National Pension Scheme (NPS) was implemented

Russia-Ukraine war behind fuel price rise, says FM Nirmala Sitharaman

Says India probably only country that didn't resort to new taxes to fund recovery

Corporate tax reduction helped economy: FM Nirmala Sitharaman

Besides, Sitharaman pointed out that the Central government did not increase taxes last year or this year

Govt did not raise taxes to fund economic recovery, focused on capex: FM

Sitharaman said the Modi Government's belief in lowering taxes and reduction in corporate tax have started yielding results with corporate tax collection touching Rs 7.3 lakh crore so far this fiscal

Lok Sabha passes Finance Bill; completes budgetary exercise for FY23

The Finance Bill was approved by the Lower House after accepting 39 official amendments moved by Finance Minister Nirmala Sitharaman

FinMin proposes changes to Finance Bill for crypto assets' taxation

FM Sitharaman is expected to move an amendment clarifying that no tax deduction or set off would be available in place of mining cost of crypto assets and other VDAs or losses from their transfer

FinMin proposes amendments, seeks to tighten norms for crypto taxation

The government on Thursday proposed to tighten the norms for taxation of cryptocurrencies by disallowing set off of any losses with gains from other virtual digital assets

Why did Nehru internationalise Kashmir issue by taking it to UN: FM in RS

FM Nirmala Sitharaman on Wednesday accused the country's first PM Jawaharlal Nehru of internationalising the Kashmir issue by taking it to UN and said India's neighbour was still misusing it

EPFO interest rate reflects reality; is still better than other schemes: FM

The central board has proposed to slash the PF rate to 8.1 per cent for FY22 from 8.5 per cent in FY21 and FY20, the lowest in four decades

FM Sitharaman to present J&K budget for 2022-23 in Rajya Sabha

On March 14, the union territory's budget was presented and passed by the Lok Sabha

How battery swapping is propelling India's shift to e-scooters

The pivot to battery swapping was a centerpiece of Finance Minister Nirmala Sitharaman's budget speech last month

Sitharaman, Rijiju to attend BJP MLAs' meeting in Manipur on Sunday

Union Finance Minister Nirmala Sitharaman and Union law and justice minister Kiren Rijiju will travel to Imphal on Sunday to attend the meeting of the newly-elected BJP MLAs in Manipur

Sebi chief Madhabi Puri Buch calls on FM Nirmala Sitharaman

Earlier, Buch had held a number of top positions in the private sector, including at ICICI Bank

Maharashtra, other states delayed CBI probe in ABG Shipyard case: FM

The government on Tuesday said investigations in the ABG Shipyard case were delayed because some state governments including Maharashtra had withdrawn the agency's power to probe and their approval for the case came much later. Replying to a query in Rajya Sabha, Finance Minister Nirmala Sitharaman said there was no delay by the Centre in taking action after identification of fraud by the State Bank of India following the forensic report from Ernst & Young. The minister also took a dig at the previous UPA government and said eight times money was given to ABG Shipyard, a company that was going through restructuring. "There was not one credit enhancement after 2014," she said, adding it is the "biggest fraud perpetrated". Sitharaman's reply came in support of Minister of State for Finance Bhagwat Karad, who was replying to a question from SP member Sukhram Singh Yadav, over delay in the CBI investigations in the ABG Shipyard matter. Yadav also wanted to know the action taken ...

GST Council should not be politicised, says FM Nirmala Sitharaman

Sitharaman said that the GST Council should not be politicised as it is a body in which every finance minister from every state sits and decides on how the disbursements happen.