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Page 187 - Nirmala Sitharaman

Higher capital expenditure could help states deal with projects: Experts

The central allocation of Rs 25,000 crore, in addition to Rs 4.13 trillion given in the Union Budget, would be provided to states for capital expenditure

Higher capital expenditure could help states deal with projects: Experts
Updated On : 13 Oct 2020 | 6:06 AM IST

GST Council meet ends without reaching consensus on compensating states

This was the third meeting in a row that discussed compensation shortfall without a decision

GST Council meet ends without reaching consensus on compensating states
Updated On : 12 Oct 2020 | 10:23 PM IST

No consensus on borrowing for shortfall in GST compensation cess, says FM

The GST Council meeting is underway. FM Nirmala Sitharaman is expected to address the media sooon

No consensus on borrowing for shortfall in GST compensation cess, says FM
Updated On : 12 Oct 2020 | 10:00 PM IST

Top headlines: Govt announces Rs 73k cr stimulus, power returns to Mumbai

From Nirmala Sitharaman announcing schemes worth Rs 73,000 cr to boost consumer demand to FB appointing Sunil Abraham for tech policy, Business Standard brings you top headlines of the day

Top headlines: Govt announces Rs 73k cr stimulus, power returns to Mumbai
Updated On : 12 Oct 2020 | 6:07 PM IST

Govt trains guns on boosting consumer & capital demand with Rs 73K cr push

The govt estimates that today's announcements will give a Rs 73,000 cr boost to demand in the economy in this financial year

Govt trains guns on boosting consumer & capital demand with Rs 73K cr push
Updated On : 12 Oct 2020 | 2:54 PM IST

Central govt employees to get Rs 10,000 interest-free festival advance: FM

Finance Minister Nirmala Sitharaman said festival advance was discontinued from 6th Pay Commission for central government employees

Central govt employees to get Rs 10,000 interest-free festival advance: FM
Updated On : 12 Oct 2020 | 1:55 PM IST

GST Council to discuss compensation issue for third time in a row on Monday

The projected total compensation shortfall in current fiscal stands at Rs 2.35 trillion

GST Council to discuss compensation issue for third time in a row on Monday
Updated On : 11 Oct 2020 | 2:35 PM IST

Taxpayers have to show only FY19 transactions in annual GST return: FinMin

The ministry said certain representations have been received stating that certain tables in the auto populated GSTR-9 for the year 2018-19 also include the data for the financial year 2017-18

Taxpayers have to show only FY19 transactions in annual GST return: FinMin
Updated On : 09 Oct 2020 | 8:37 PM IST

33 housing projects worth Rs 4,197 cr accorded final approval under SWAMIH

A total of 33 housing projects with an investment of Rs 4,197 crore have been accorded final approval under SWAMIH fund which will lead to the completion of 25,048 home units, FM Sitharaman said

33 housing projects worth Rs 4,197 cr accorded final approval under SWAMIH
Updated On : 08 Oct 2020 | 3:42 PM IST

TCS makes buyback buzz but other Indian IT firms unlikely to follow suit

Buyback tax provision and steep valuations may deter companies still playing safe in the coronavirus pandemic, say analysts

TCS makes buyback buzz but other Indian IT firms unlikely to follow suit
Updated On : 07 Oct 2020 | 12:01 AM IST

No question of withdrawing MSP, it is all rumour mongering, assures FM

Sitharaman says the recent agricultural reforms were designed for the welfare of farmers

No question of withdrawing MSP, it is all rumour mongering, assures FM
Updated On : 06 Oct 2020 | 5:21 PM IST

GST council meet: Compensation cess for states and other key announcements

The Goods and Services Tax (GST) Council meeting on compensation for the states remained inconclusive on Monday, with 20-21 states opting for the Reserve Bank of India (RBI) window of Rs 1.10 trillion (earlier it was Rs 97,000 crore) and around 10 states insisting the Centre borrow and disburse the money. The next meeting is now scheduled for October 12. Watch video for more

Icon YoutubeGST council meet: Compensation cess for states and other key announcements
Updated On : 06 Oct 2020 | 4:22 PM IST

Top headlines: TCS crosses Rs 10 trn m-cap; GST deadlock continues

From deadlock over GST compensation dominating council meeting to DoT looking for more spectrum to meet 5G demand, here are top headlines this morning

Top headlines: TCS crosses Rs 10 trn m-cap; GST deadlock continues
Updated On : 06 Oct 2020 | 7:21 AM IST

Faltering federalism: GST Council meeting failure is not a good sign

States don't issue their own currency, and are by definition a more fragile borrowing construct than the Union. The final solution must reflect this asymmetry

Faltering federalism: GST Council meeting failure is not a good sign
Updated On : 06 Oct 2020 | 6:48 AM IST

Oppn states object as Centre favours Option 1 at GST Council meet

After high drama at GST Council meet, FM Sitharaman agreed to reconvene to reach consensus

Oppn states object as Centre favours Option 1 at GST Council meet
Updated On : 06 Oct 2020 | 2:04 AM IST

No breakthrough in GST compensation deadlock; next Council meet on Oct 12

About two thirds of states opt for RBI-window of Rs 1.10 trillion, rest still want the Centre to borrow instead

No breakthrough in GST compensation deadlock; next Council meet on Oct 12
Updated On : 05 Oct 2020 | 11:27 PM IST

GST deadlock remains, compensation for tax collected to be released tonight

GST Council meeting, conducted via videoconference, was held to consider the two borrowing options offered to states in August to meet their shortfall in GST collections

GST deadlock remains, compensation for tax collected to be released tonight
Updated On : 05 Oct 2020 | 8:19 PM IST

Nirmala Sitharaman to chair stormy 42nd GST Council meeting today

Union Finance Minister Nirmala Sitharaman will chair the 42nd Goods and Services Tax (GST) Council meeting at 11 am on Monday

Nirmala Sitharaman to chair stormy 42nd GST Council meeting today
Updated On : 05 Oct 2020 | 9:46 AM IST

FM not averse to providing further economic stimulus, says source

Asserts that recent trends of economic recovery are testimony to government's intervention

FM not averse to providing further economic stimulus, says source
Updated On : 03 Oct 2020 | 1:25 AM IST

Union Budget 2021: Finance Ministry to start budgetary exercise from Oct 16

The Finance Ministry issued a Budget circular on Thursday evening, which contains necessary instructions and deadline for submission of details by different central ministries and departments

Union Budget 2021: Finance Ministry to start budgetary exercise from Oct 16
Updated On : 02 Oct 2020 | 8:23 AM IST