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Nirmala Sitharaman

Finance Minister Nirmala Sitharaman says every partner needs to collaborate for India to become third-largest economy by 2027-28

Finance Minister Nirmala Sitharaman says every partner needs to collaborate for India to become third-largest economy by 2027-28

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.

Government halves Budget support to oil firms, defers filling strategic oil reserves

Government halves Budget support to oil firms, defers filling strategic oil reserves

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: Dr Abhinav Akhilesh Urges More Funds For Rural Healthcare Infra & Medical Colleges

Budget 2024: Dr Abhinav Akhilesh Urges More Funds For Rural Healthcare Infra & Medical Colleges

Fri, Jan 26, 2024

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.

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FM Nirmala Sitharaman pitches for rationalisation of GST rates once a year, not every 3 months

FM Nirmala Sitharaman pitches for rationalisation of GST rates once a year, not every 3 months

Sun, Feb 09, 2020

Union Finance Minister Nirmala Sitharaman on Sunday pitched for rationalisation of GST rates once a year and not every three months as was the trend so far.

Government plugging loopholes in GST with data analytics, says Finance Minister Nirmala Sitharaman

Government plugging loopholes in GST with data analytics, says Finance Minister Nirmala Sitharaman

Sun, Feb 09, 2020

Finance Minister Nirmala Sitharaman on Saturday said the Central government is plugging the loopholes in the Good and Services Tax (GST) with the use of technology and is working towards eight per cent growth rate.

MSMEs can complain if banks deny loan without reason: FM Sitharaman

MSMEs can complain if banks deny loan without reason: FM Sitharaman

Sat, Feb 08, 2020

Finance Minister Nirmala Sitharaman on Saturday told micro, small and medium enterprises (MSMEs) to make a complaint if banks deny loans without reason.

Income Tax calculator: Confused between new and old tax slabs regime? Use this tool by government

Income Tax calculator: Confused between new and old tax slabs regime? Use this tool by government

Fri, Feb 07, 2020

Income Tax calculator: Ever since Finance Minister Nirmala Sitharaman announced new income tax slabs in Budget 2020 speech, there has been a lot of confusion around it.

There was nothing bad in Budget 2020: Vijay Kedia

There was nothing bad in Budget 2020: Vijay Kedia

Thu, Feb 06, 2020

What is good for the country and the economy will be good for the entire share bazaar. I do not look at the budget only with the perspective of the stock market but how beneficial it is for the overall development and the economy, which is the utmost important thing in life, Vijay Kedia, MD, Kedia Securities said

Budget 2020: What gifts home buyers got from FM Nirmala Sitharaman?

Budget 2020: What gifts home buyers got from FM Nirmala Sitharaman?

Wed, Feb 05, 2020

Budget 2020: The real estate sector had high hopes from Union Budget 2020. Both home buyers as well as developers had their wish-list ready ahead of the Union Budget, but didn't get too many gifts from the Finance Minister.

Income tax: Unorganised sector ought to be in tax net, says CBDT chief

Income tax: Unorganised sector ought to be in tax net, says CBDT chief

Wed, Feb 05, 2020

Income Tax: Central Board of Direct Taxes (CBDT) Chairperson P.C. Mody on Tuesday said that the unorganised sector is ought to be under the tax framework. At a conference organised by FICCI here, the CBDT chief said that having a broader tax base would result in lower tax rates across the board

MF Alert: 10% TDS only on dividend paid by mutual funds, says Tax dept

MF Alert: 10% TDS only on dividend paid by mutual funds, says Tax dept

Wed, Feb 05, 2020

MF Alert: Budget proposal of 10 per cent TDS will be applicable only on dividend payment by mutual funds and not on gain arising out of redemption of units, the tax department clarified on Tuesday

We are telling you where money is going to be spent so that you can plan your investments: FM Nirmala Sitharaman

We are telling you where money is going to be spent so that you can plan your investments: FM Nirmala Sitharaman

Tue, Feb 04, 2020

Finance Minister Nirmala Sitharaman on Monday said the money raised through disinvestment will be used to develop infrastructure, which will have multiplier effect on the economy and not bridging revenue deficit

Shifting to optional new income tax slabs will benefit taxpayers: Official

Shifting to optional new income tax slabs will benefit taxpayers: Official

Tue, Feb 04, 2020

Taxpayers willing to migrate to the new personal income tax regime announced in the Union Budget for 2020-21 will get more benefits than the older system, a senior official said on Monday. Multiple layers of deductions and exemptions add to the complexity of the Income Tax Act, Principal Chief Commissioner of Income Tax (West Bengal and Sikkim) B Jha said

Finance Minister Nirmala Sitharaman's Exclusive interview post Budget 2020

Finance Minister Nirmala Sitharaman's Exclusive interview post Budget 2020

Mon, Feb 03, 2020

Finance Minister Nirmala Sitharaman's Exclusive interview post Budget2020 Finance minister Nirmala Sitharaman presented Union Budget 2020 in Parliament on Saturday. She announced the launch of a new personal income tax regime which can help the middle-class save taxes and also scrapped dividend distribution tax (DDT).

Focus on labour-intensive sectors can help in creating 4 crore jobs by 2025: CEA Krishnamurthy Subramanian

Focus on labour-intensive sectors can help in creating 4 crore jobs by 2025: CEA Krishnamurthy Subramanian

Mon, Feb 03, 2020

"Besides, we have seen certain signs - in the last few months - related to good news like IIP among others. These are certain things that suggest that the trend will change. Therefore, we have projected the growth between 6% and 6.50% not some unrealistic 7.50% or more," Krishnamurthy Subramanian, Chief Economic Advisor of India said in an interview with Zee Business

Budget 2020: Removal of DDT to help these investors to save money

Budget 2020: Removal of DDT to help these investors to save money

Mon, Feb 03, 2020

Budget 2020: Finance Minister Nirmala Sitharaman in her second budget presentation on Saturday abolished the Dividend Distribution Tax (DDT), while making dividends taxable in the hands of the recipients alone.

Bharat Bond ETF: 2nd tranche within this quarter, says FM Nirmala Sitharaman

Bharat Bond ETF: 2nd tranche within this quarter, says FM Nirmala Sitharaman

Mon, Feb 03, 2020

Bond ETF was a part of government's effort to deepen bond market. Sitharaman in her second budget on Saturday again emphasised on deepening of the market and announced new measures. "Certain specified categories of Government securities would be opened fully for non-resident investors, apart from being available to domestic investors as well.

New income tax slabs: Is your pay over Rs 13 lakh a year? You will save more money

New income tax slabs: Is your pay over Rs 13 lakh a year? You will save more money

Mon, Feb 03, 2020

Taxpayers having an annual salary pay of over Rs 13 lakh and availing deductions of up to Rs 2 lakh will save on their tax outgo if they opt for the new tax regime proposed in the Budget, government sources said on Sunday

Budget 2020: 5 money-related changes that will have an impact on your pocket

Budget 2020: 5 money-related changes that will have an impact on your pocket

Mon, Feb 03, 2020

Budget 2020: Finance Minister Nirmala Sitharaman made several tax-related announcements in Budget speech on Saturday that are likely to have an impact on your money. The finance minister said that the budget had provisions to boost the income and purchasing power of taxpayers.

Budget 2020: From GST return filing to refund, all you need need to know from Nirmala Sitharaman's speech

Budget 2020: From GST return filing to refund, all you need need to know from Nirmala Sitharaman's speech

Sun, Feb 02, 2020

Budget 2020: Major reforms have been proposed in the administration of GST regime by Modi government.

Country is moving towards simple & easy to comply taxation system: Nirmala Sitharaman

Country is moving towards simple & easy to comply taxation system: Nirmala Sitharaman

Sun, Feb 02, 2020

This budget gives a good larger picture, which talks about larger sectors like rural development and agriculture. Now, I am not giving a budget, sector-wise. If the economy, its consumption, investment are all driven through the government investment, government's direct benefit transfer (DBT), reduction in income tax, cut in corporate tax, then I expect that the impact to be in every sector of the society

Budget 2020: Do you know where the money comes from and where it goes? Here are all details

Budget 2020: Do you know where the money comes from and where it goes? Here are all details

Sun, Feb 02, 2020

What will be the government's income and its expenses? Zee Business Online explains in a simple way

Budget 2020 Reaction: What Federation Of Automobile Dealers Associations has to say

Budget 2020 Reaction: What Federation Of Automobile Dealers Associations has to say

Sun, Feb 02, 2020

Union Finance Minister Nirmala Sitharaman on Saturday presented the first Union Budget of the third decade of the 21st century.

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