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FM Nirmala Sitharaman meets Mexican minister, discusses ways to deepen economic ties

FM Nirmala Sitharaman meets Mexican minister, discusses ways to deepen economic ties

Sat, Oct 19, 2024

During the meeting in Mexico City, Sitharaman congratulated Ramirez de la O for being appointed as Secretary of Finance and Public Credit for a second consecutive term, and also commended the strong performance of the Mexican economy in the last six years following prudent fiscal policies.

Finance Minister Nirmala Sitharaman invites Mexican firms to collaborate with startups and academic institutions

Finance Minister Nirmala Sitharaman invites Mexican firms to collaborate with startups and academic institutions

Fri, Oct 18, 2024

Finance Minister Nirmala Sitharaman on Thursday urged Mexican firms to explore collaborations with startups as well as academic institutions and take advantage of India's business-friendly policies.

Over 34.84 lakh income tax audit reports filed on e-filing portal up to Oct 7: Finance Ministry

Over 34.84 lakh income tax audit reports filed on e-filing portal up to Oct 7: Finance Ministry

Wed, Oct 09, 2024

The finance ministry on Wednesday said more than 34.84 lakh audit reports, including about 34.09 lakh Tax Audit Reports (TARs), have been filed for assessment year 2024-25 on the e-filing portal till October 7.

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Must Read: Article on demonetisation by Finance Minister Arun Jaitley

Must Read: Article on demonetisation by Finance Minister Arun Jaitley

Sun, Jan 08, 2017

Sunday morning, Finance Minister, Arun Jaitley penned his thoughts on the demonetisation move by the Modi-led government.

Budget 2017: Tax exemption on interest paid of home loans may increase

Budget 2017: Tax exemption on interest paid of home loans may increase

Wed, Jan 04, 2017

Union Budget 2017 may see an increase in deduction limit for interest paid on home loans by Rs 50,000, a report by Business Standard said on Wednesday.

Govt introduces 8 reforms to push India's 'Ease of Doing Business' ranking to top 50

Govt introduces 8 reforms to push India's 'Ease of Doing Business' ranking to top 50

Tue, Dec 20, 2016

In an effort to improve the ‘Ease of Doing Business’ ranking of India to top 50 countries in the World Bank report, the government announced the formation of Nodal Departments for a ‘reform process.’

Discounts on digital payments of toll, petrol, insurance: Jaitley

Discounts on digital payments of toll, petrol, insurance: Jaitley

Thu, Dec 08, 2016

Key Highlights:

Queues outside banks, ATMs were expected, says FM Jaitley

Queues outside banks, ATMs were expected, says FM Jaitley

Fri, Dec 02, 2016

Speaking at an event in New Delhi, Finance Minister, Arun Jaitley on Friday said that queues outside banks and ATMs were factored in while making plans to ban higher denomination currency.

WPI Inflation rises lower than estimates, at 3.57% in September

WPI Inflation rises lower than estimates, at 3.57% in September

Fri, Oct 14, 2016

Wholesale Price Index (WPI) Inflation rose by 3.57% in September 2016 as against an estimate of 3.90%. Government data show that wholesale inflation in primary articles fell 1.9% from August 2016 whereas food inflation fell 1.6% from August 2016 data.

Jaitley to address BRICS seminar on corporate bond market tomorrow

Jaitley to address BRICS seminar on corporate bond market tomorrow

Mon, Sep 26, 2016

Eyeing deepening of corporate bond market in India, Finance Minister Arun Jaitley will tomorrow address a session on ways to develop it and possibilities of sharing the best practices followed by BRICS countries.

GST Council finalizes exemption limit at Rs 20 lakh

GST Council finalizes exemption limit at Rs 20 lakh

Fri, Sep 23, 2016

In its second meeting, the GST Council finalized the threshold for exemption limit for the application of Goods and Service Tax (GST) for states at Rs 20 lakh.

Cabinet gives approval to set up GST council

Cabinet gives approval to set up GST council

Mon, Sep 12, 2016

Union Cabinet on Monday approved setting up of the GST council following the consent given by President, Pranab Mukherjee last week.

Direct tax collections up 15%, at nearly Rs 2 lakh crore

Direct tax collections up 15%, at nearly Rs 2 lakh crore

Mon, Sep 12, 2016

India's direct tax collections for the current fiscal year (April 1 to August 31) has increased by 15% to reach Rs 1.89 lakh crore.

Arun Jaitley wants a 'world class' BRICS arbitration mechanism

Arun Jaitley wants a 'world class' BRICS arbitration mechanism

Sun, Aug 28, 2016

Finance Minister Arun Jaitley called for a larger economic and trade cooperation including in goods and services amongst the BRICS nations. Jaitley was speaking at the International Arbitration in BRICS, in New Delhi

Merge Rail Budget with Union Budget: Suresh Prabhu demands in Rajya Sabha

Merge Rail Budget with Union Budget: Suresh Prabhu demands in Rajya Sabha

Wed, Aug 10, 2016

When Congress member Jairam Ramesh asked about the time- line for the merger, he said: "I dont know yet".

New amendments for easier loan recovery by banks passed in Rajya Sabha

New amendments for easier loan recovery by banks passed in Rajya Sabha

Tue, Aug 09, 2016

The Rajya Sabha on Tuesday passed a bill that seeks to amend four laws that, among other matters, seek to empower banks to take possession of collateral in the case of loan default, except for farm land.

Money to farmers under interest subvention scheme more than doubles

Money to farmers under interest subvention scheme more than doubles

Mon, Aug 08, 2016

Narendra Modi-led Government has been serious about bringing down debt of farmers in the country.

226 on-going investigations, SFIO convicts 45 cases in 3 years with Rs 1.3 crore fine

226 on-going investigations, SFIO convicts 45 cases in 3 years with Rs 1.3 crore fine

Fri, Aug 05, 2016

Ministry of Corporate Affairs announced on Friday that the number of cases being investigated by the Serious Fraud Investigation Office (SFIO) is currently 226 cases.

16 years in making: Rajya Sabha passes GST Bill, finally

16 years in making: Rajya Sabha passes GST Bill, finally

Wed, Aug 03, 2016

The much awaited GST bill has finally been passed by the Rajya Sabha on Wednesday with a unanimous vote in favour of the bill. The GST bill that seeks to amend the constitution was a matter of long standing debate in the Rajya Sabha.

One nation, one tax; Sachin tweets: looking forward to GST bill

One nation, one tax; Sachin tweets: looking forward to GST bill

Tue, Aug 02, 2016

With many eyes on India’s biggest tax reform, Sachin Tendulkar, former Indian cricket team captain tweeted in favour of the GST bill on Tuesday. The much awaited GST bill anticipates hopeful passage by the Rajya Sabha in the Monsoon Session of the Parliament on Wednesday.

Sensex closes higher, Nifty up 0.23%

Sensex closes higher, Nifty up 0.23%

Tue, Jul 19, 2016

Indian shares closed higher on Tuesday with BSE Sensex ending at 27,787.62 points up 0.15%. NIFTY 50 closed at 8,528.55 points, up 19.85 points or 0.23%.

PSU Banks' Recapitalisation: Govt sanctions Rs 23,000 crore

PSU Banks' Recapitalisation: Govt sanctions Rs 23,000 crore

Tue, Jul 19, 2016

Finance Ministry has said that it will provide Rs 22, 915 crore to 13 public sector banks in an effort to meet their recapitalisation needs.

Govt changes rules, lets union ministers clear projects up to Rs 1000 crore

Govt changes rules, lets union ministers clear projects up to Rs 1000 crore

Tue, Jun 28, 2016

In its bid to give more powers to union ministers and committees, Central Government, on Tuesday, relaxed some norms.

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