Page 160 - Nirmala Sitharaman

GST Council meet: Decision on tax cuts on Covid-19 vaccines by June 8

The issue of GST rates on vaccines and other Covid-related supplies will be reviewed by a Group of Ministers (GoM).

GST: Centre to borrow Rs 1.58 trn in FY22 to compensate states, says FM

Nirmala Sitharaman announces a flurry of pandemic-related relief measures after the 43rd GST Council meeting

Rate changes to e-invoicing: 5 things to know about GST council meet today

Meeting is likely to exempt government departments and local authorities from e-invoicing.

NSE's Nifty50 index hits record high ahead of crucial GST Council meeting

Financials and materials stocks gained ahead of the 43rd GST Council meet to be chaired Finance Minister Nirmala Sitharaman later in the day

FM Nirmala Sitharaman to chair 43rd meeting of the GST Council today

The minister is scheduled to chair the meeting through video conferencing on Friday

Punjab FM writes to Sitharaman, says agenda for GST Council meeting mundane

Ahead of the GST Council meeting, Congress leader and Punjab Finance Minister Manpreet Badal has written to Finance Minister Nirmala Sitharaman

How first-time FMs of Kerala, TN, Assam may impact Centre-state relation

Kerala, Tamil Nadu and Assam, all have first-time finance ministers. Aditi Phadnis looks at how they may impact Centre-state relation in terms of revenue and power-sharing

Take extra care, ensure market processes are not undermined: Sitharaman

CCI should take "extra care" and ensure that no "omission or commission" result in undermining of market processes as businesses look for revival after the pandemic, says Nirmala Sitharaman

CCI should help free market thrive and ensure legit claims are heard: FM

Urges antitrust watchdog to evolve with the speed, scale and visionary look needed for the economy to thrive and for fair genuine market practices to flourish

2nd Covid wave delays AI, BPCL divestment timelines by a few months: Report

Worst outbreak of pandemic in India disrupted the timetable of scheduled activities, but the process may get back on track from Sept, say sources with direct knowledge of govt's privatisation plan

Nirmala Sitharaman urges CMs to end police manhandling of bank staff

The FM said that there is a need for banking services to continue uninterrupted, to support the bank customers' needs in these difficult times

Crypto exchanges draw attention of regulators over brand promotions

According to regulatory sources, the brand promotion could mislead retail investors as the legality of cryptocurrency itself is under the scrutiny of the central government

GST Council to meet on May 28, compensation shortfall on agenda

As Covid second wave ravages the country, several states had urged Sitharaman to convene a GST Council meeting at the earliest

Housing revival to boost economic sentiment: FM Nirmala Sitharaman

SWAMIH Fund to benefit 116,000 home buyers, help banks and NBFCs grow

GST exemption on vaccines will lead to high prices: FM Sitharaman

Statement follows West Bengal CM Mamata Banerjee's letter to PM seeking GST exemption

Govt gives bidders data access for $7-billion Bharat Petroleum Sale

The government's 53% stake in the refiner is valued at about Rs 50,900 crore based on Friday's closing price

Chamber asks FM Sitharaman for relief measures for trade, industry

The Indian Chamber of Commerce and Industry on Friday appealed to Union Finance Minister Nirmala Sitharaman for relief measures

MSMEs urge FM Nirmala Sitharaman to review NPA classification norms

In its suggestions to the finance ministry, the Federation of Indian Micro, Small and Medium Enterprises has said the greatest need that has emerged is the flexibility in assigning NPAs

FM Sitharaman says looking at how best to sort out Cairn arbitration

Finance Minister Nirmala Sitharaman on Thursday reiterated that an international arbitration ruling on India's sovereign right to taxation sets the wrong precedent, but said the government is looking at how best it can sort out the issue arising out of New Delhi being ordered to return USD 1.2 billion plus interest and cost to UK's Cairn Energy Plc. The government, which participated in an international arbitration brought by the Scottish firm against being taxed retrospectively, has appealed against The Hague based tribunal's ruling asking the government to return the value of shares expropriated and liquidated, tax refunds withheld and dividend seized to recover a wrongly levied retroactive tax demand. "We don't believe in retrospective taxation," she said at a webinar organised by the Financial Times and The Indian Express. "However, when issues are taken at arbitration... which question India's sovereign right to taxation, we are worried that it sets a wrong precedent." The Indi

2021 will not be about Covid despite second wave: Nirmala Sitharaman

FM says Rs 4,650 crore being given to two vaccine makers in India to ramp up capacity; adds 100% advance paid top them for the next few months