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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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Traveling during lockdown? Here is how to get e-Pass for inter-state journey

Traveling during lockdown? Here is how to get e-Pass for inter-state journey

Tue, May 19, 2020

We are currently in the middle of the fourth stage of lockdown, even as the government has announced several relaxations, allowing people to return to normal life. The decisions have been taken to ease the economic pressure.

Pradhan Mantri Kisan Samman Nidhi Yojana: How to register for PM-KISAN

Pradhan Mantri Kisan Samman Nidhi Yojana: How to register for PM-KISAN

Tue, May 19, 2020

The government of India had launched the Pradhan Mantri Kisan Samman Nidhi (PM-KISAN) scheme in 2018 with an aim to help farmers. The scheme has been running with 100 per cent funding from the Government of India, though the entire responsibility of identification of beneficiary farmer families rests with the State and UT Governments.

Stimulus measures support PM vision of 'Atmanirbhar Bharat'

Stimulus measures support PM vision of 'Atmanirbhar Bharat'

Mon, May 18, 2020

Niti Aayog vice-chairman Rajiv Kumar on Sunday said that the vision for an 'Atmanirbhar Bharat' laid down by Prime Minister Narendra Modi has been duly supported by the announcements and several reforms announced by the finance minister

Modi's Rs 20 lakh crore economic package: HIGHLIGHTS of 5th and final tranche

Modi's Rs 20 lakh crore economic package: HIGHLIGHTS of 5th and final tranche

Sun, May 17, 2020

First tranche of stimulus amounted to Rs 5.94 lakh cr; second Rs 3.10 lakh cr; third Rs 1.50 lakh cr and Rs 48,100 cr in fourth and fifth tranches.

Big step for Indian companies! Modi government to bring Ordinance to amend companies law

Big step for Indian companies! Modi government to bring Ordinance to amend companies law

Sun, May 17, 2020

Addressing a press conference on Sunday, Finance Minister Nirmala Sitharaman said companies can list their securities directly in foreign jurisdictions and described it as "one big step for Indian companies".

Modi's Rs 20 lakh cr package: Check FULL BREAK-UP here

Modi's Rs 20 lakh cr package: Check FULL BREAK-UP here

Sun, May 17, 2020

Finance Minister Nirmala Sitharaman on Sunday listed all the measures and allocations made under the Rs 20 lakh crore economic package for the `self-reliant India` programme, announced by Prime Minister Narendra Modi.

12 lakh EPFO members withdraw Rs 3,360 cr during lockdown, confirms Nirmala Sitharaman

12 lakh EPFO members withdraw Rs 3,360 cr during lockdown, confirms Nirmala Sitharaman

Sun, May 17, 2020

On March 28, the EPFO had allowed formal sector workers to withdraw a non-refundable advance from their retirement savings to deal with the hardships due to the lockdown.

Major decision! Centre agrees to raise borrowing limit of states - Key details

Major decision! Centre agrees to raise borrowing limit of states - Key details

Sun, May 17, 2020

In a major decision, the Centre on Sunday agreed to raise the borrowing limit of states from 3 per cent of gross state domestic product (GSDP) to 5 per cent in 2020-21, to make available an extra of Rs 4.28 lakh crore.

Big relief! No fresh insolvency to be initiated for 1 year under IBC, says FM Nirmala Sitharaman

Big relief! No fresh insolvency to be initiated for 1 year under IBC, says FM Nirmala Sitharaman

Sun, May 17, 2020

In a bid to give relief to companies defaulting on loans due to the COVID-19 stress, Finance Minister Nirmala Sitharaman on Sunday said no fresh insolvency will be initiated for one year under the Insolvency and Bankruptcy Code.

Government to privatise non-strategic PSUs, announces Finance Nirmala Nirmala Sitharaman

Government to privatise non-strategic PSUs, announces Finance Nirmala Nirmala Sitharaman

Sun, May 17, 2020

Union Finance Minister Nirmala Sitharaman on Sunday said a new coherent public sector enterprises policy will be formulated that will define strategic sectors which will have not more than four PSUs.

Nirmala Sitharaman unveils details of last tranche of Modi's Rs 20 lakh cr package - What all FM said | Check everything here

Nirmala Sitharaman unveils details of last tranche of Modi's Rs 20 lakh cr package - What all FM said | Check everything here

Sun, May 17, 2020

Union Finance Minister Nirmala Sitharaman and MoS Finance Anurag Thakur on Sunday addressed a press conference on the 5th and last tranche of announcements under Aatmanirbhar Bharat Abhiyan.

FM LIVE at 11 AM: Nirmala Sitharaman to address press conference on last tranche of Modi's Rs 20 lakh cr package - Get all updates here

FM LIVE at 11 AM: Nirmala Sitharaman to address press conference on last tranche of Modi's Rs 20 lakh cr package - Get all updates here

Sun, May 17, 2020

Union Finance Minister Nirmala Sitharaman is all set to address a press conference on the 5th and last tranche of announcements under Aatmanirbhar Bharat Abhiyan.

Government monopoly on coal mining ends, FM Nirmala Sitharaman heralds new era, announces entry of private sector

Government monopoly on coal mining ends, FM Nirmala Sitharaman heralds new era, announces entry of private sector

Sat, May 16, 2020

Finance Minister Nirmala Sitharaman today announced that the Government of India (GoI) is going to introduce commercial mining in the coal sector and thereby end government monopoly in this sector.

Nirmala Sitharaman hikes FDI limit in defence production from 49 pct to 74 pct

Nirmala Sitharaman hikes FDI limit in defence production from 49 pct to 74 pct

Sat, May 16, 2020

FM Nirmala Sitharaman today announced the government's decision to raise the foreign direct investment (FDI) limit under the automatic route from existing 49 per cent to 74 per cent in the defence production.

Nirmala Sitharaman announces auction of six airports on PPP basis, promises more world class aerodromes in India

Nirmala Sitharaman announces auction of six airports on PPP basis, promises more world class aerodromes in India

Sat, May 16, 2020

Finance Minister Nirmala Sitharaman today, while announcing the fourth tranche of the stimulus package first revealed by PM Narendra Modi, said that there will be more world-class airports coming to India.

Nirmala Sitharaman speech: FM rolls out structural reforms - Coal mining, Defence FDI, Space to aviation - check key takeaways

Nirmala Sitharaman speech: FM rolls out structural reforms - Coal mining, Defence FDI, Space to aviation - check key takeaways

Sat, May 16, 2020

FM Sitharaman today, presented the 4th tranche of the Rs 20 lakh crore stimulus package announced by PM Narendra Modi to kick-start the economy that has been badly hit by the coronavirus lockdown.

Bullet Bulletin: Watch top 20 news of the day

Bullet Bulletin: Watch top 20 news of the day

Fri, May 15, 2020

In this episode of Bullet Bulletin, know every big story of the nation & the world.

FM Nirmala Sitharaman announcements highlights: Mega package for Agri Infra, herbal farming among other measures

FM Nirmala Sitharaman announcements highlights: Mega package for Agri Infra, herbal farming among other measures

Fri, May 15, 2020

Announcing third tranche of Rs 20 lakh crore stimulus package, Finance Minister Nirmala Sitharaman n Friday unveiled a Rs 10,000 crore package for the Micro Food Enterprises (MFEs), along with several other measures for the Indian economy.

FM Nirmala Sitharaman: Essential Commodities Act to be amended! Cereals, edible oil, pulses to be deregulated

FM Nirmala Sitharaman: Essential Commodities Act to be amended! Cereals, edible oil, pulses to be deregulated

Fri, May 15, 2020

The government will amend the six-and-a-half-decade old Essential Commodities Act to deregulate food items, including cereals, edible oil, oilseeds, pulses, onion and potato, Finance Minister Nirmala Sitharaman said on Friday.

FM Nirmala Sitharaman extends Operation Greens; all fruits, vegetable produce included now

FM Nirmala Sitharaman extends Operation Greens; all fruits, vegetable produce included now

Fri, May 15, 2020

Finance Minister Nirmala Sitharaman today made a big announcement by extending Operation Greens to all fruits and vegetables from just tomato, onion and potatoes earlier.

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