The opposition party also said Sitharaman had no moral right to continue as the finance minister
While many contemporary economists seem to have lost interest in economic history altogether, those born before 1980 have turned most unbecomingly partisan
The BJP had gathered opinion from around 50,000 people of Puducherry before preparing the manifesto
The Bill suggests that the government has learned from past mistake
The new fund will be set up as an alternative investment fund
FM targeted the UPA over management of the economy during its rule and said NDA government had inherited India as part of "fragile five" and it has since become one of the fastest-growing economies
The government widened the scope to impose 2 per cent tax on non-resident e-commerce players with a turnover of Rs 2 crore from April 1, 2020
Amendments to the finance Bill, 2021, say that fair market value (FMV) will be taken as consideration of the sale
Government will rationalise customs duties after consultations, says finance minister
If employer contribution is low, get salary restructured to enjoy higher tax-free interest
Sitharaman on Wednesday said that the Finance Bill,2021 has some amendments aimed at achieving a reduction in compliance and improving ease of doing business
Finance Minister Nirmala Sitharaman on Wednesday said India enjoys an investment grade rating
I would be glad to be having this on the agenda and discuss it. I have no issues. Let the states come and discuss it, she said in the Lok Sabha.
Tax breaks for DFIs; way for LIC listing cleared
The Budget for 2021 makes a fresh beginning in dealing with numbers and estimates
State levies and central excise duty account for more than half of the retail selling prices of petrol and diesel
The government on Tuesday raised the deposit threshold limit to Rs 5 lakh per annum in provident fund for which interest would continue to be tax exempt. This would be applicable to those cases where no contribution is made employers to the retirement fund. In her Budget presented to Parliament on February 1, Finance Minister Nirmala Sitharaman had provided that interest on employee contributions to provident fund over Rs 2.5 lakh per annum would be taxed from April 1, 2021. Replying to the debate on the Finance Bill 2021 in the Lok Sabha, Sitharaman made the announcement regarding raising the limit to Rs 5 lakh in cases where employers do not make contributions to the provident fund. The Finance Bill, which gives effect to tax proposals for 2021-22, was approved by voice vote. The bill was passed after acceptance of 127 amendments to the proposed legislation. The minister also stressed that tax on interest on provident fund contribution affects only 1 per cent of the contributor
Govt may guarantee bonds, debentures and loans issued by the new institution
Finance Minster Nirmala Sitharaman on Monday introduced the National Bank for Financing Infrastructure and Development (NaBFID) Bill 2021 in the Lok Sabha
Sitharaman on Friday urged advanced economies to scale up their climate change financing commitments and help emerging countries build climate resilient infrastructure