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Page 181 - Nirmala Sitharaman

Expense planning: Budgetary allocations likely to maintain status quo

The numbers in aggregate mean the Government of India will not let the fiscal deficit run away in FY22

Expense planning: Budgetary allocations likely to maintain status quo
Updated On : 12 Jan 2021 | 12:49 PM IST

Budget should reduce income tax rates, invest in infrastructure: CEOs to FM

The Budget will be presented in the backdrop of a revival of the economy and expectations of good corporate earnings in the December quarter

Budget should reduce income tax rates, invest in infrastructure: CEOs to FM
Updated On : 12 Jan 2021 | 12:48 PM IST

LIVE: Biden says fastest way to remove Trump is to inaugurate him

Lakhvi pleaded before the court that he was falsely implicated in this case. Stay tuned for Latest LIVE news

LIVE: Biden says fastest way to remove Trump is to inaugurate him
Updated On : 09 Jan 2021 | 2:03 AM IST

Covid slump may cause 7.7% GDP contraction in FY21: First Advance Estimate

The government's First Advance Estimate suggests the worst performance ever for the Indian economy in the wake of the slowdown caused by the coronavirus pandemic

Covid slump may cause 7.7% GDP contraction in FY21: First Advance Estimate
Updated On : 07 Jan 2021 | 6:35 PM IST

FM reviews progress of projects under national infrastructure pipeline

Finance Minister Nirmala Sitharaman reviewed the progress of projects worth Rs 3.6 trn under the national infrastructure pipeline

FM reviews progress of projects under national infrastructure pipeline
Updated On : 06 Jan 2021 | 7:29 PM IST

Finmin move to catch fake GST bills to hit genuine taxpayers too: industry

Says ministry's new curbs will impact businesses that usually have accumulated credits, as they will have to discharge output tax liability in cash instead of available credit balance

Finmin move to catch fake GST bills to hit genuine taxpayers too: industry
Updated On : 06 Jan 2021 | 4:06 PM IST

Union Budget on Feb 1, Parliament session starts Jan 29, say reports

The Budget session will be held in two parts: from January 29 to February 15 and then from March 8 to April 8

Union Budget on Feb 1, Parliament session starts Jan 29, say reports
Updated On : 05 Jan 2021 | 5:48 PM IST

Vivek Singh appointed OSD to FM Sitharaman for a period of 4 years

Currently, Singh is serving as additional private secretary to the finance minister

Vivek Singh appointed OSD to FM Sitharaman for a period of 4 years
Updated On : 04 Jan 2021 | 10:39 PM IST

Beyond Budget Headlines with AKB: Economic recovery and the tax challenge

What should Budget do to boost investment and spur economic recovery? Don't underestimate the importance of increasing investment, says Business Standard's in-house policy expert A K Bhattacharya

Beyond Budget Headlines with AKB: Economic recovery and the tax challenge
Updated On : 04 Jan 2021 | 1:34 PM IST

Beyond Budget Headlines: Govt should standardise income-tax rates, widen base

The year 2020 was no ordinary year and so the Budget 2021 will also not be an ordinary budget. We have had enough indication from the government that the public spending momentum will continue and fiscal deficit will not be a big cause of worry for the Finance Minister. But what should Budget do to boost investment and spur economic recovery? Don't underestimate the importance of increasing investment, says Business Standard's in-house policy expert A K Bhattacharya, as the demand recovery will require more investment to be made. Watch the fourth episode of our special pre-Budget video series, Beyond Budget Headlines with AKB, to also learn why shrinking tax base is a huge challenge and bank recapitalisation is the need of the hour.

Icon YoutubeBeyond Budget Headlines: Govt should standardise income-tax rates, widen base
Updated On : 04 Jan 2021 | 11:36 AM IST

2020, the year that was: Coronavirus shadow may not go anytime soon

Achieving a vaccine roll-out on a scale that social-distancing norms can be dispensed with can't be expected for most of 2021

2020, the year that was: Coronavirus shadow may not go anytime soon
Updated On : 31 Dec 2020 | 6:10 AM IST

In search of a new fiscal road map

Budget 2021 must overhaul the existing FRBM Act to set feasible targets on deficit and debt

In search of a new fiscal road map
Updated On : 29 Dec 2020 | 10:57 PM IST

Beyond Budget Headlines with AKB: Why bad banks are a bad, bad idea

What does FM Sitharaman's 'never-before Budget' assertion mean? Are there more relief measures in store or should we prepare for some shock in Budget 2021? A K Bhattacharya explains what we can expect

Beyond Budget Headlines with AKB: Why bad banks are a bad, bad idea
Updated On : 28 Dec 2020 | 10:07 AM IST

GDP contraction to job losses amid Covid-19: 2020, the year of new lows

The economy floundered, manufacturing contracted and job losses mounted across sectors and skill levels. The urban work force was hit the hardest.

GDP contraction to job losses amid Covid-19: 2020, the year of new lows
Updated On : 27 Dec 2020 | 10:05 PM IST

Traders urge Finance minister, GST council to modify new GST notification

Trading community urged FM Nirmala Sitharaman and GST Council to withdraw certain provisions of the new GST notification issued a few days back

Traders urge Finance minister, GST council to modify new GST notification
Updated On : 27 Dec 2020 | 6:53 PM IST

CAIT urges FM Nirmala Sitharaman to defer rollout of Rule 86B in GST

This restriction will not apply where the managing director or any partner has paid more than Rs 1 lakh as income tax

CAIT urges FM Nirmala Sitharaman to defer rollout of Rule 86B in GST
Updated On : 26 Dec 2020 | 1:24 AM IST

Govt may have to apply brakes on existing fiscal consolidation road map

Centre may have to amend FRBM Act once again to achieve this, which isn't an issue as such an amendment does not require a two-third or three-fourth majority

Govt may have to apply brakes on existing fiscal consolidation road map
Updated On : 26 Dec 2020 | 1:06 AM IST

FIDC seeks liquidity support for smaller NBFCs in upcoming budget

FIDC has written to the Finance Minister Nirmala Sitharaman seeking measures to improve liquidity support for small and mid-sized NBFCs in the FY22 Union Budget

FIDC seeks liquidity support for smaller NBFCs in upcoming budget
Updated On : 25 Dec 2020 | 3:55 PM IST

Banking on Budget: Some key indirect tax measures govt should focus on

Having multiple GST rates not only leads to complexities in compliance and tax structure, but also does not optically make India tax-friendly and competitive globally

Banking on Budget: Some key indirect tax measures govt should focus on
Updated On : 24 Dec 2020 | 11:30 AM IST

FM Nirmala Sitharaman told to extend ITRs, tax audit and AGM time frame

The Direct Taxes Professionals Association (DTPA) has urged Finance Minister Nirmala Sitharaman for extension of date of furnishing of tax audit report under section 44AB to February 28

FM Nirmala Sitharaman told to extend ITRs, tax audit and AGM time frame
Updated On : 24 Dec 2020 | 1:30 AM IST