Sat, Jan 27, 2024
With a common purpose of ease of doing business for nation building during India's 'Amrit Kaal', all the stakeholders need to come together and contribute for benefits to citizen of India, the Finance Minister said.
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Fri, Jan 26, 2024
Finance Minister Nirmala Sitharaman had on February 1 last year while presenting the annual Budget for 2023-24 fiscal (April 2023 to March 2024) announced equity infusion of Rs 30,000 crore in Indian Oil Corporation (IOC), Bharat Petroleum Corporation Ltd (BPCL) and Hindustan Petroleum Corporation Ltd (HPCL) to support the three state-owned firms' energy transition plans.
Budget 2024: Grant Thornton Bharat’s Dr Abhinav Akhilesh discusses the need for increased budget allocation to rural healthcare, medical colleges, and wellness initiatives. He also provides insights on Ayushman Bharat, rural healthcare challenges, and the importance of R&D funding in India.
Thu, Nov 12, 2020
The finance minister Nirmala Sitharaman on Thursday afternoon announced the Atmanirbhar Bharat Rozgar Yojana with an aim to create more employment opportunities as the nation continues to recover from COVID-19 pandemic.
The Union Cabinet on Wednesday approved a production-linked incentive scheme worth around Rs 1.45 lakh crore for 10 sectors – a move that has been welcomed by companies around segments.
Tue, Nov 10, 2020
In a big breaking news today, FM Nirmala Sitharaman has passed on a warning to all those people whose bank accounts are not linked to their Aadhaar cards. Speaking today, FM virtually seems to have given a deadline to banks or the bank account holders.
Sat, Nov 07, 2020
Finance Minister Nirmala Sitharaman on Friday said increased digitisation will help in making better assessment of the country's economic growth and nudged tax practitioners to suggest their clients to shift towards digital modes of payments.
Fri, Nov 06, 2020
FM said that India’s sustained GDP growth and controlled inflation has boosted investor confidence
Wed, Oct 28, 2020
Union Finance Minister Nirmala Sitharaman on Wednesday said that we have moved ahead a lot but post-pandemic can't say this
Tue, Oct 27, 2020
Finance Minister Nirmala Sitharaman on Tuesday indicated that contraction in the economy due to COVID-19 may come down to near zero this fiscal amid the ongoing economic revival and next year India will be one of the fastest-growing economies.
Sitharaman said that bio fuel effective usage and production of ethanol for being environmentally friendly is also being incentivised.
Sun, Oct 25, 2020
The government on October 12 announced the LTC cash voucher scheme under which central government employees can purchase any goods or services with GST rate of 12 per cent or above to avail the benefit.
Tue, Oct 20, 2020
Just a week after announcing measures to boost consumer demand and provide liquidity to states, Finance Minister Nirmala Sitharaman on Monday said that the government has not closed the option of coming out with another round of stimulus with a view to support the economy amid the pandemic
Wed, Oct 14, 2020
Ministry of Finance has issued a statement on misinterpretation of Leave Travel Concession (LTC) stimulus and its benefits.
Tue, Oct 13, 2020
In a major development, Modi government has announced new measures of Rs 73,000 crore to stimulate consumer spending before end of this Financial Year in fight against COVID-19.
Mon, Oct 12, 2020
Under consumer spending, she announced proposals within two components--LTC cash voucher scheme and special festival advance scheme.
Finance Minister Nirmala Sitharaman on Monday morning launched a new LTC cash voucher scheme with an aim to boost consumer spending across categories. The FM also announced Special Festival Advance Scheme while announcing new relief measures on the economic front.
Union Finance Minister Nirmala Sitharaman and MoS Finance and Corporate Affairs Anurag Thakur is addressing a press conference on Economic issues and the state of economy.
Mon, Oct 05, 2020
Here are other things FM Sitharaman said on 42nd GST Council meeting:-
Tue, Sep 22, 2020
In a bid to promote ease of doing business in India, the Parliament today passed Companies Amendment Bill 2020, which will decriminalise various offences under 48 sections of the companies act 2013. A new chapter on producer organisations will also be introduced in the legislation to help especially those in the agriculture sector
Here are the top points from her address in the Upper House of Parliament:-
Sat, Sep 19, 2020
The Rajya Sabha on Saturday passed the Insolvency and Bankruptcy Code (Second Amendment) Bill, 2020, whereby fresh insolvency proceedings will not be initiated for at least six months starting from March 25 amid the coronavirus pandemic.
Finance Minister Nirmala Sitharaman on Saturday said law provides for carrying out insolvency and bankruptcy proceedings against corporate debtors as well personal guarantors together.
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