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Nirmala Sitharam

FinMin notifies prospective levy of GST on corporate guarantees

FinMin notifies prospective levy of GST on corporate guarantees

Fri, Oct 27, 2023

The finance ministry on Thursday notified amendments to Central GST rules, saying that the corporate guarantee would be taxable from the date of the notification.

GST collection, devolution a success story in North Eastern: Nirmala Sitharaman

GST collection, devolution a success story in North Eastern: Nirmala Sitharaman

Fri, Jul 21, 2023

The North Eastern states have scripted a success story in the collection and devolution of the Goods and Services Tax (GST), Union Minister for Finance and Corporate Affairs Nirmala Sitharaman said here on Friday.

FM Nirmala Sitharaman Lok Sabha question currency in circulation at Rs 31.22 lakh crore as of March 2022

FM Nirmala Sitharaman Lok Sabha question currency in circulation at Rs 31.22 lakh crore as of March 2022

Mon, Mar 13, 2023

The currency in circulation, which includes bank notes and coins, to GDP ratio stood at 13.7 per cent as on March 25, 2022, up from 11.6 per cent as on March 2014.

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Sitharaman meets US Treasury Secretary Yellen ahead of the G20 meet in Bangalore, discusses crypto, global debt vulnerabilities

Sitharaman meets US Treasury Secretary Yellen ahead of the G20 meet in Bangalore, discusses crypto, global debt vulnerabilities

Thu, Feb 23, 2023

G20 Meeting Bangalore: Sitharaman and US Treasury Secretary Yellen agreed that lessons learnt from the COVID-19 pandemic should not be lost sight of, and the ministry needs to enhance preparedness for future pandemic-type shocks.

Budget 2023: Phase III of eCourts Project to be launched

Budget 2023: Phase III of eCourts Project to be launched

Wed, Feb 01, 2023

Budget 2023: The phase three of the eCourts Project envisions a judicial system that is more accessible, efficient and equitable for every individual who seeks justice, or is part of the delivery of justice, in India, according to details available on the website of the Department of Justice in the Union law Ministry.

Budget 2023: India's G-20 presidency unique opportunity to strengthen its role in world economic order, says FM Nirmala Sitharaman

Budget 2023: India's G-20 presidency unique opportunity to strengthen its role in world economic order, says FM Nirmala Sitharaman

Wed, Feb 01, 2023

Budget 2023: Presenting the Budget for the fiscal year 2023-24 in Lok Sabha, Sitharaman said India is steering an ambitious people-centric agenda to address global challenges and to facilitate sustainable economic development.

Finance Ministry asks banks not to use unethical practices to sell insurance policies

Finance Ministry asks banks not to use unethical practices to sell insurance policies

Fri, Dec 23, 2022

The Department of Financial Services has received complaints that fraudulent and unethical practices are adopted by banks and life insurance companies for procuring policies from the bank customers, a letter addressed to chairpersons and managing directors of public sector banks said.

FM Nirmala Sitharaman takes swipe at Trinamool MP Mahua Moitra's 'Who is Pappu now' jibe

FM Nirmala Sitharaman takes swipe at Trinamool MP Mahua Moitra's 'Who is Pappu now' jibe

Thu, Dec 15, 2022

Smarting under Trinamool Congress leader Mahua Moitra's attack on Modi government, Finance Minister Nirmala Sitharaman on Wednesday hit back saying "Pappu" can be found in West Bengal and the "maachis" of people's mandate given to Mamata Banerjee's party led to arson and loot in the state post el

GST council to consider decriminalisation of offences under GST law in Dec 17 meet

GST council to consider decriminalisation of offences under GST law in Dec 17 meet

Mon, Dec 05, 2022

The council is also likely to consider removing those penal offences which are already covered under the Indian Penal Code (IPC) from the GST Act to make it more taxpayer-friendly.

GST council to consider decriminalisation of offences under GST law in Dec 17 meet

GST council to consider decriminalisation of offences under GST law in Dec 17 meet

Mon, Dec 05, 2022

The council is also likely to consider removing those penal offences which are already covered under the Indian Penal Code (IPC) from the GST Act to make it more taxpayer-friendly.

Budget 2023: Finance Minister Sitharaman to meet state FMs for pre-budget consultation on November 25

Budget 2023: Finance Minister Sitharaman to meet state FMs for pre-budget consultation on November 25

Mon, Nov 21, 2022

The pre-budget meeting with state finance ministers will be held in New Delhi on November 25, an official said.

Sitharaman exhorts NIIF to leverage India's investment fundamentals

Sitharaman exhorts NIIF to leverage India's investment fundamentals

Thu, Nov 17, 2022

The Finance Minister exhorted the NIIF team to also explore opportunities under the National Infrastructure Pipeline, PM GatiShakti and National Infrastructure Corridor, which include a big pool of investible greenfield and brownfield investment projects.

Share of industrial loans in bank credit on decline, personal loans up: RBI

Share of industrial loans in bank credit on decline, personal loans up: RBI

Thu, Sep 29, 2022

Share of industrial loans in total credit has been gradually declining over the last decade

5% GST on prepackaged items up to 25-kg: CBIC issues FAQs on new GST rate applicability on goods

5% GST on prepackaged items up to 25-kg: CBIC issues FAQs on new GST rate applicability on goods

Mon, Jul 18, 2022

The new GST rate, in pursuance of recommendations made by the GST Council in its 47th meeting last month, is coming into effect from today.

Andhra Pradesh, Gujarat, Haryana, Karnataka, Punjab, Tamil Nadu and Telangana are the Top Achievers in BRAP 2020

Andhra Pradesh, Gujarat, Haryana, Karnataka, Punjab, Tamil Nadu and Telangana are the Top Achievers in BRAP 2020

Thu, Jun 30, 2022

Assessment of States/UTs based on implementation of Business Reforms Action Plan for the year 2020 declared.

Budget 2022: Defense-related stocks gained as Centre earmarks 5.2 lakh cr allocation to sector | Zen Tech, Mazagon Dock, Bharat Dynamics stocks in focus

Budget 2022: Defense-related stocks gained as Centre earmarks 5.2 lakh cr allocation to sector | Zen Tech, Mazagon Dock, Bharat Dynamics stocks in focus

Tue, Feb 01, 2022

The finance minister said that the 25 per cent of India's defence R&D (research and development) budget will be reserved for private industry and startups.

Budget 2022: In Pics! From 400 new generation Vande Bharat trains, 80 lakh affordable houses to tax proposals - Key highlights of the budget

Budget 2022: In Pics! From 400 new generation Vande Bharat trains, 80 lakh affordable houses to tax proposals - Key highlights of the budget

Tue, Feb 01, 2022

Union Budget 2022: Union Finance Minister Nirmala Sitharaman presented the Union Budget 2022-23 today, February 1, 2022 at the Parliament. The budget aims at boosting the economic growth of the country. Here are the major highlights of Budget 2022:

Over 41,177 posts vacant at public sector banks: Nirmala Sitharaman

Over 41,177 posts vacant at public sector banks: Nirmala Sitharaman

Mon, Dec 13, 2021

As many as 41,177 positions or 5 per cent of the total sanctioned posts at public sector banks were vacant as on December 1, Union Finance Minister Nirmala Sitharaman said on Monday.

India, ASEAN telecom ministers to meet on digital connectivity

India, ASEAN telecom ministers to meet on digital connectivity

Sun, Feb 19, 2017

"Minister of State for Communications Manoj Sinha will lead the discussions from Indian side with telecom ministers, senior government officials and industry leaders from Bangladesh, Cambodia, Laos PDR, Indonesia and Bhutan," a Communications Ministry statement said here.

India jumps one place on Ease of Doing Business Index; Sitharaman disappointed

India jumps one place on Ease of Doing Business Index; Sitharaman disappointed

Wed, Oct 26, 2016

World Bank's Ease of Doing Business Index put India at 130th rank this year, up one place from last year. Naturally, the government is not happy.

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