Addressing the media here, Finance Minister Nirmala Sitharaman also said that banks will pass on RBI rate cut benefits to borrowers through MCLR reduction
In future, all GST refunds of micro, small and medium enterprises will be paid within 60 days from the date of application
Sitharaman said surcharge on long and short term capital gains arising from transfer of equity shares has been withdrawn
FM Nirmala Sitharaman is expected to announce steps to revive India's economic growth. Catch all LIVE updates here
Govt to infuse upfront Rs 70,000 crore into public sector banks to enable release of Rs 5 trillion liquidity in the market
Finance Minister Nirmala Sitharaman said reform is a continuous process for her government and it tops the agenda
Nirmala Sitharaman had proposed increasing the effective tax rate on individuals with taxable annual income of above Rs 2,000 cr by about 3%, and for those earning above Rs 5,000 cr by 7%
Adi Godrej and ITC Chairman Sanjiv Puri were in Delhi this month to meet Finance Minister Nirmala Sitharaman as part of an outreach programme to tackle the slowdown
Calls for a fiscal boost from the government for sectors like automobiles have been growing in the past few weeks after the budget from Nirmala Sitharaman failed to provide support
Income tax payers earning up to Rs 55 lakh per annum may end up with a major tax relief
The DTC task force recommendations will reduce litigation
Finance Minister Nirmala Sitharaman had already held consultations with various stakeholders, including industry, banks, homebuyers, real estate players and capital market participants
We require a drastic change in rhetoric backed by major policy change. Policy must reward enterprise and assume honesty
Sitharaman says govt heard concerns of five sectors; does not seem too convinced on issue of subsidising gold imports
The government has allowed the NBFCs and HFCs to buy back their assets 'after a specified period of 12 months' as a repurchase transaction, on a right of first refusal basis
There are worries that Asia's third-biggest economy may come under pressure during bouts of risk aversion, especially given the current backdrop of slowing global growth
To chair another meeting to discuss stalled projects
FM Sitharaman meets representatives of MFs, investment banks, FPIs
Promises simplifying tax laws
At no point and on no score, the government wants to make it difficult for the industry, the Finance Minister said