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.
Sat, Jul 11, 2020
Emergency Credit Line Guarantee Scheme: The government is going all out to ensure that liquidity concerns of the MSME sector are addressed on priority under its ECLGS.
Sat, Jul 04, 2020
Government departments and agencies will have to pay interest on late payment to vendors, largely MSMEs, for products procured through the Government e-Martketplace (GeM), starting October 1.
Fri, Jun 26, 2020
FM Nirmala Sitharaman on Thursday said the government is discussing with the Reserve Bank of India (RBI) for loan restructuring of companies which are stressed owing to the Covid-19 pandemic.
Tue, Jun 23, 2020
In a major push for self-reliant India, the government has made it mandatory to mention ‘country of origin’ on products for GeM platform. The decision would also give a major boost to Make in India products. GeM or Government e-Marketplace is the online trading platform for state-run agencies.
Fri, Jun 19, 2020
Finance Minister Nirmala Sitharaman has said that the Narendra Modi Government is closely monitoring transmission of repo rate cuts by the banking sector and recognising efforts in scripting India’s growth story.
Thu, Jun 18, 2020
Finance Minister Nirmala Sitharaman has shared details of Prime Minister (PM) Garib Kalyan Rojgar Abhiyaan (GKRA) today via a press conference.
Mon, Jun 15, 2020
Under the scheme, 100 per cent guarantee coverage are being provided by National Credit Guarantee Trustee Company (NCGTC) for additional funding of up to Rs 3 lakh crore to eligible MSMEs and interested Micro Units Development and Refinance Agency (MUDRA) borrowers in the form of a guaranteed emergency credit line (GECL) facility.
Sat, Jun 13, 2020
The GST Council may consider at the next meet levying cess on commodities like pan masala and bricks at the manufacturing stage itself.
Fri, Jun 12, 2020
In the 40th GST Council Meeting held today through video conferencing, Finance Minister Nirmala Sitharaman led Goods and Services Tax (GST) Council took five decisions that have brought huge relief to small traders.
GST Council meeting: Finance Minister Nirmala Sitharaman has announced several relief measures for small tax payers on Friday, following the GST Council meeting.
Wed, Jun 10, 2020
Millions of PAN cards face the danger of becoming inoperative after June 30 if holders fail to link them with their Aadhaar cards. The initial deadline to complete the process was March 31, 2020.
Fri, Jun 05, 2020
The GST Council is scheduled to meet later this month on June 12 and is likely to discuss the impact of the COVID-19 pandemic on tax revenues. The coronavirus outbreak has hit the economy hard and the government has announced several relief measures for different sectors.
Mon, Jun 01, 2020
Finance Minister Nirmala Sitharaman on Monday said that public sector banks (PSBs) sanctioned collateral free loans worth Rs 3,200 crore to the MSME sector in a single day on June 1.
Sat, May 30, 2020
India's finance minister Nirmala Sitharaman while speaking exclusively to WION's Executive Editor Palki Sharma said that the coronavirus pandemic has triggered multiple challenges in India.
Fri, May 29, 2020
In a WION exclusive, FM Nirmala Sitharaman today revealed that her ministry and the entire government along with Prime Minister Narendra Modi are fully ready to extend the required support that national economy needs post-COVID-19 pandemic.
Aatmanirbhar Bharat: In a bid to strengthen 'Aatmanirbhar Bharat Abhiyan' post Coronavirus lockdown, Nirmala Sitharaman has said that Centre will address issues of SC-ST entrepreneurs regarding relief package announced earlier this month.
In line with the announcement made in the Union Budget, Union Minister for Finance & Corporate Affairs Nirmala Sitharaman formally launched the facility for instant allotment of PAN (on near to real time basis) in New Delhi today.
Do you have an Aadhaar card? It will make life a lot easier as now you can get a PAN card instantly. All thanks to a new scheme by the government. Finance Minister Nirmala Sitharaman on Thursday launched a facility for instant allotment of online PAN on furnishing Aadhaar details.
Thu, May 28, 2020
The launch of the Instant PAN facility is yet another step by the Income Tax Department towards Digital India, thereby creating further ease of compliance to the taxpayers.
Sun, May 24, 2020
Modi government is leaving no stone unturned to revive the economy.
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