Page 191 - Nirmala Sitharaman

States seek 7 days on options as Centre says GST collection impacted

The coronavirus pandemic was an "act of God" that may even lead to contraction in the economy, says Finance Minister.

GST Council meet: States to push for borrowing by Centre on Thursday

Our worst fears are now coming true, Amit Mitra writes to Sitharaman

Bajaj Auto, TVS Motor, Hero MotoCorp: How to trade news-driven auto stocks

Two-wheeler stocks look good on the charts from a medium-term perspective. Here are the key levels you need to keep a tab on.

Two-wheeler makers' shares surge after Sitharaman's comment on GST cut

Shares of two-wheeler majors Hero MotoCorp, Bajaj Auto and TVS Motor Company soared after Nirmala Sitharaman's comment that the GST Council will consider the proposal to cut GST on two-wheelers

Lower GST will help entire auto supply chain: TVS Motor's Sudarshan Venu

Govt would look into the auto industry's demand for lowering the tax rate on two-wheelers, said Sitharaman

Two-wheelers merit GST rate revision, says FM Nirmala Sitharaman

Council to take up issue; SoPs for hotels, tourism, aviation may be tweaked

Banks sanction loans of Rs 1.56 trn to MSMEs under credit guarantee scheme

The loan amounts sanctioned by PSBs increased to Rs 76,765 crore, of which Rs 58,230 crore has been disbursed as of August 24, Sitharaman said

Finance Ministry remembers Jaitley's legacy by recounting GST benefits

The Finance Ministry on Monday said GST has reduced the rate at which people have to pay tax, helped increase compliance and doubled taxpayer base to 12.4 million

GST has reduced the rate at which people have to pay tax: Finance Ministry

GST has helped increase compliance and doubled taxpayer base to 12.4 million, the ministry said in a series of tweets

CAG report on defence offset performance in next Par session: Sitharaman

Finance Minister Nirmala Sitharaman on Saturday said the CAG report on defence offset performance will be tabled in the forthcoming session of Parliament. The report of the Comptroller and Auditor General of India (CAG) on offset performance was scheduled to be tabled in the last session of Parliament but could not be done as the session had to be curtailed following the outbreak of coronavirus pandemic. "The C&AG Report No 20 of 2019...Defence Offset Performance was scheduled to be tabled in Parliament during the budget session (2020). The session ended, before date, due to COVID. Now the report will be placed in the next session. The contents will be known only after that, Sitharaman said in a series of tweets. Observing that the first Rafale fighter jet was handed over to India in October 2019, the minister said, There is a year-wise phasing of how much offset obligation the companies/OEMs have to fulfill. MoD informs me that claims of such obligations being fulfilled are ...

PM chairs meet to review preparations for economic zones connectivity plan

Finance Minister Nirmala Sitharaman, Railway, and Commerce and Industry Minister Piyush Goyal and Civil Aviation Minister Hardeep Singh Puri were among those who attended the meeting

FM seeks investment from UAE for Rs 111 trn National Infra Pipeline

During the meeting, both the leaders agreed to cooperate on areas like financial technology

FM Sitharaman asks tax officers to make faceless appeal system a success

The faceless appeal system was also unveiled by prime minister Narendra Modi on Thursday

FM Nirmala Sitharaman asks seven CPSEs to spend 50% capex in H1

This is because the government looks to maintain the pace of capital and infrastructure projects in a bid to soften the economic blow from the Covid-19 pandemic

FM thanks I-T officers for working towards starting faceless assessment

Finance Minister Nirmala Sitharaman on Friday met officers of the income tax department and thanked them for their efforts towards starting faceless assessment, sources said

Sitharaman pushes large CPSEs to meet half of FY21 capex target by Sept

She held a virtual meeting with secretaries of the ministries of shipping, road transport and highways, housing and urban affairs, defence and telecom, an official statement said

RBI's payout unlikely to plug the huge govt revenue hole created by Covid

Last year the RBI's board approved a record payment of Rs 1.76 trillion ($23.5 billion) to the government, which included Rs 1.23 trillion as dividend and Rs 526.4 billion from its surplus capital

How Social Stock Exchange will help raise funds, regulate social sector

NPOs looking to raise funds will have to list themselves on the exchange, but to do so they will have to meet minimum standards of reporting

Faceless tax scrutiny will ease compliance burden, increase fairness: FM

In a series of tweets, the Finance Ministry said the I-T department has taken up several reforms to make tax compliance easier for taxpayers

PM Modi announces charter for 'fair, courteous' tax collection

"With faceless assessment, the taxpayer is assured of fair, courteous and rational behavior. Taxpayers charter is also a big step in the country's development journey," PM said