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.
Fri, Apr 07, 2023
Income Tax, Default Tax Regime: Employers will have to take ascent from their employees regarding their choice to opt for new tax regime or the old tax regime.
Mon, Mar 27, 2023
During the two hours meeting with MDs and CEOs of PSBs, an open discussion was held on the global scenario amid the failure of the Silicon Valley Bank (SVB) and Signature Bank (SB), along with the issues leading to the crisis in Credit Suisse.
Stock market traders have got a big blow. The government has increased the Securities Transaction Tax (STT) on futures and options (F&O) deals by up to 25 per cent. Which traders will be affected by the increase in STT? Why the limited market reaction? Know from Anil Singhvi.
Sun, Mar 26, 2023
During the review meeting, Finance Minister Nirmala Sitharaman had an open discussion with the MDs and CEOs of PSBs on the global scenario consisting of the failure of the Silicon Valley Bank (SVB) and the Signature Bank (SB) along with issues leading to the crisis in Credit Suisse.
Sat, Mar 25, 2023
This is the first full review meeting after the presentation of Budget 2023-24 and banks would be asked to focus on the areas highlighted by the Budget, including credit flow to productive sectors. The meeting comes against the backdrop of global concern over the failure of banks due to aggressive monetary tightening.
Thu, Mar 23, 2023
Finance minister Nirmala Sitharaman is scheduled to meet managing directors of public sector banks (PSBs) on March 25 for performance review in the backdrop of failure of fe
Mon, Mar 20, 2023
The finance minister says banks make assessment of amount and denominational requirements for ATMs on the basis of past usage
Sun, Mar 05, 2023
According to the PSE Policy, the four broad strategic sectors are - atomic energy, space and defence; transport and telecommunication; Power, Petroleum, Coal and other minerals; and Banking, Insurance and Financial Services, the finance minister Nirmala Sitharaman said.
Sun, Feb 26, 2023
Finance Minister Nirmala Sitharaman said that side events are proposed on crypto assets at the IMF-World Bank Spring Meetings in April in Washington. Further, in July, the Financial Stability Board's (FSB) paper on crypto assets regulation will be tabled so that it could be discussed at the next meeting of the finance ministers and central bank governors.
Mon, Feb 20, 2023
Union Finance Minister Nirmala Sitharman announced key decisions in the GST Council Meeting on February 18. From setting up GST Appellate Tribunal to announcing tax cuts, know the full list of items that will be costlier and cheaper after GST Council meet
Citing the recent crash in Adani group companies' shares, Rajasthan chief minister Ashok Gehlot had earlier said that the employees of the state government cannot be left at the mercy of the share market where NPS funds are invested.
Sun, Feb 19, 2023
The First Finance Ministers & Central Bank Governors (FMCBG) meeting under the G20 Indian Presidency is scheduled during February 24-25 and will be chaired by Finance Minister Nirmala Sitharaman.
Union Finance Minister Nirmala Sitharaman on Saturday said the GST Council adopted the report of the Group of Ministers on GST Appellate Tribunal with certain modifications, and the final draft amendments will be circulated to state finance ministers for their comments.
Sat, Feb 18, 2023
Finance Minister Nirmala Sitharaman informed that reports of the GoM (Group of Ministers) on checking tax evasion by pan masala and gutkha industry, and on Goods and Services Tax Appellate Tribunals (GSTATs), have been taken on board.
The finance minister Nirmala Sitharaman further said the GST Council has decided to rationalise late fees on filing of annual GST returns after the due date.
Sat, Feb 11, 2023
Under the revamped concessional tax regime, which will be effective from the next fiscal, no tax would be levied on income up to Rs 3 lakh.
Tue, Feb 07, 2023
Sitharaman in her fifth straight budget has raised the capital expenditure by 33 per cent to Rs 10 lakh crore for infrastructure development in 2023-24
Sun, Feb 05, 2023
The basic exemption limit has been hiked to Rs.3 lakh from Rs.2.5 lakh in the new income tax regime. The number of income tax slabs in the new regime has been reduced to 5 from 6.
Being bullish on the long-term growth of the overall sector, the brokerage recommends to Buy Tata Group-backed Indian Hotels and Lemon Tree Hotels for bumper returns with a long-term view.
Sat, Feb 04, 2023
In the last two days alone, USD 8 billion in forex came in, the finance minister said during a post-Budget press conference.
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