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Nirmala Sitharaman

55th GST Council Meeting: No GST payable on penal charges levied & collected by banks & NBFCs from borrowers for non-compliance, says Nirmala Sitharaman

55th GST Council Meeting: No GST payable on penal charges levied & collected by banks & NBFCs from borrowers for non-compliance, says Nirmala Sitharaman

Sat, Dec 21, 2024

The GST Council has made a host of decisions concerning a variety of areas including certain snacks, electric vehicles (EVs) and construction materials. Finance and Corporate Affairs Minister Nirmala Sitharaman chaired the 55th meeting of the GST Council in Jaisalmer, Rajasthan. Here are some of the key takeaways from the 55th meeting of the GST Council.

GST Council postpones decision on slashing tax on life, health insurance

GST Council postpones decision on slashing tax on life, health insurance

Sat, Dec 21, 2024

The 55th meeting of the GST Council, chaired by Union Finance Minister Nirmala Sitharaman and comprising state counterparts, decided that some more technicalities needed to be ironed out and tasked the GoM for further deliberations.

GST Council Meeting: Packaged & labelled popcorn with added sugar to attract 18% rate, decision on insurance products deferred

GST Council Meeting: Packaged & labelled popcorn with added sugar to attract 18% rate, decision on insurance products deferred

Sat, Dec 21, 2024

Union Minister for Finance and Corporate Affairs Nirmala Sitharaman chaired the 55th meeting of the GST Council in Jaisalmer, Rajasthan, on Saturday.

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'The New India Inc' to be held 1st time in Bengaluru on March 7-8

'The New India Inc' to be held 1st time in Bengaluru on March 7-8

Thu, Feb 17, 2022

India Global Forum will begin its 2022 series of international events with 'The New India Inc' that will be hosted in Bengaluru on March 7 and 8.

Government, RBI will take joint decision on digital currency, says FM Nirmala Sitharaman

Government, RBI will take joint decision on digital currency, says FM Nirmala Sitharaman

Mon, Feb 14, 2022

RBI Governor Shaktikanta Das added that like several other issues, this particular issue is internally under discussion between the RBI and the government.

Decision on issuance of green bonds next month, says RBI Governor Shaktikanta Das

Decision on issuance of green bonds next month, says RBI Governor Shaktikanta Das

Mon, Feb 14, 2022

Reserve Bank Governor Shaktikanta Das on Monday said the decision with respect to issuance of sovereign green bonds announced in the Budget will be taken next month

Why Cryptocurrency Is Not Considered Legal In India?

Why Cryptocurrency Is Not Considered Legal In India?

Mon, Feb 07, 2022

Even though there was an announcement of tax on crypto gains, it is still not considered legal in India. Here's why.

Explained: How Modi government through Budget 2022 gave yet another boost to GIFT City

Explained: How Modi government through Budget 2022 gave yet another boost to GIFT City

Fri, Feb 04, 2022

Budget 2022: Big boost to GIFT City - What FM Sitharaman confirmed and what experts say

"Crypto can be digital asset but not currency": FM Nirmala Sitharaman

"Crypto can be digital asset but not currency": FM Nirmala Sitharaman

Thu, Feb 03, 2022

In the matters of tax on income from virtual assets, Sitharaman said that cryptocurrency or any digital assets should be inclusive as government backing is required for every currency to function in transparency. She further added that the explanation about crypto should be crystal clear.

Exclusive: Watch FM Nirmala Sitharaman's first interview after budget presentation

Exclusive: Watch FM Nirmala Sitharaman's first interview after budget presentation

Thu, Feb 03, 2022

After the recently presented budget, Finance Minister Nirmala Sitharaman spoke to Zee on on every issue that would pop up in any citizen's mind regarding the budget.

Budget 2022: Digital Currency Versus Cryptocurrency – FM Nirmala Sitharaman says this on definition, taxation

Budget 2022: Digital Currency Versus Cryptocurrency – FM Nirmala Sitharaman says this on definition, taxation

Tue, Feb 01, 2022

An entity can be termed as a currency only if it is issued by a Central Bank even if it is a crypto, Finance Minister Nirmal Sitharaman today said in her post Budget 2022 press conference

Budget 2022: Rs 2/litre differential on non-blended fuel to be charged from 1 October; know what it means to your pocket?

Budget 2022: Rs 2/litre differential on non-blended fuel to be charged from 1 October; know what it means to your pocket?

Tue, Feb 01, 2022

Revenue Secretary Tarun Bajaj said that the move is to push the petroleum companies to do [ethanol] blending. “Our desire is not to collect this tax because the tax will be very minimal but the desire is that the blending happens…to that extent it benefits the country,” he added

Budget 2022: e-passports with embedded chips will be rolled out - Here's all you need to know

Budget 2022: e-passports with embedded chips will be rolled out - Here's all you need to know

Tue, Feb 01, 2022

Citizens will get chip-enabled e-Passports with additional security features from the Ministry of External Affairs.

Budget 2022: Diamonds to get cheaper after government reduces customs duty to 5%

Budget 2022: Diamonds to get cheaper after government reduces customs duty to 5%

Tue, Feb 01, 2022

Reduction of customs duty on cut and polished diamonds from 7.5 per cent to 5 per cent augurs well for the jems and jewellery industry and will spur greater demand for natural and real diamonds and also give an opportunity to diamond companies to boost operations, Sachin Jain, Managing Director a

Budget 2022: 'People Friendly and Progressive budget': From PM Narendra Modi to NITI Aayog CEO Amitabh Kant - Who said what

Budget 2022: 'People Friendly and Progressive budget': From PM Narendra Modi to NITI Aayog CEO Amitabh Kant - Who said what

Tue, Feb 01, 2022

Union Budget 2022-23: Union Finance Minister Nirmala Sitharaman presented the Union Budget 2022 on Tuesday, February 1, 2022 at the Parliament. The budget will lay the foundation for economic growth through public investment.

Budget 2022: Nirmala Sitharaman announces 5G auction, rollout in 2022-23; aims to create job opportunities

Budget 2022: Nirmala Sitharaman announces 5G auction, rollout in 2022-23; aims to create job opportunities

Tue, Feb 01, 2022

Required spectrum auctions will be conducted in 2022 to facilitate the roll-out of the 5G mobile services within 2022-23 by private telecom providers.

Budget 2022: FM Nirmala Sitharaman delivers her shortest budget speech - 1 hour 30 minutes

Budget 2022: FM Nirmala Sitharaman delivers her shortest budget speech - 1 hour 30 minutes

Tue, Feb 01, 2022

In 2019, she had made the longest speech at two hours and 15 minutes (135 minutes), only to top that the next year, in 2020, to speak for over 160 minutes.

Budget 2022: 80 lakh affordable houses under PM Awas Yojna in 2022-23: FM Nirmala Sitharaman

Budget 2022: 80 lakh affordable houses under PM Awas Yojna in 2022-23: FM Nirmala Sitharaman

Tue, Feb 01, 2022

In her Budget speech, FM Nirmala Sitharaman said that 80 lakh affordable houses will be completed at Rs 44,000 crore under PM Awas Yojna.

Budget 2022: RBI to issue digital rupee usiing blockchain, other technologies says FM Nirmala Sitharaman

Budget 2022: RBI to issue digital rupee usiing blockchain, other technologies says FM Nirmala Sitharaman

Tue, Feb 01, 2022

Union Minister Nirmala Sitharaman today announced that the Reserve Bank of India (RBI) will launch digital rupee during this year. The Digital rupee will be issued using blockchain and other technologies and will be issued by RBI starting 2022-23.

Budget 2022: From Kisan Drones, MSP on wheat, paddy, to natural farming, top 5 announcements made by FM Nirmala Sitharaman today

Budget 2022: From Kisan Drones, MSP on wheat, paddy, to natural farming, top 5 announcements made by FM Nirmala Sitharaman today

Tue, Feb 01, 2022

Finance Minister Nirmala Sitharaman today announced a slew of measures for the agriculture sector and the Indian farm communities. Use of Kisan Drones to be promoted for crop assessment. Chemical-free Natural farming to be promoted throughout the country, with focus on farmers' lands in 5-km-wide corridors along the river Ganga in the first stage, the FM further said

Budget 2022: 400 new-gen Vande Bharat trains to be developed, manufactured over next 3 years; FM Nirmala Sitharaman

Budget 2022: 400 new-gen Vande Bharat trains to be developed, manufactured over next 3 years; FM Nirmala Sitharaman

Tue, Feb 01, 2022

One Station One Product to be popularized to help local #Businesses and supply chains, Finance Minister Nirmala Sitharaman said today while giving her Union Budget 2022 specch. This is her third full budget.

Budget 2022: LIC IPO to be launched soon, says FM Nirmala Sitharaman in her budget speech

Budget 2022: LIC IPO to be launched soon, says FM Nirmala Sitharaman in her budget speech

Tue, Feb 01, 2022

Finnace Minister Nirmala Sitharaman today said that the Initial Pubic Offering of Life Inusrance Corporation of India (LIC) will likley be soon the Finance Minsiter Nirmala Sithraman today said while announcing the Uion Budget 2022.

Budget 2022: Defence Budget outlay for FY23 stands at Rs 525166.15 cr, up 10% over FY22 - here are top 10 things to know

Budget 2022: Defence Budget outlay for FY23 stands at Rs 525166.15 cr, up 10% over FY22 - here are top 10 things to know

Tue, Feb 01, 2022

The Narendra Modi Government has announced a budget allocation of Rs 525166.15 cr for FY23 for recapitalizing the public sector banks (PSBs), which is up XX per cent over the outlay announced during the Budget 2021

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