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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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Services sector showing high appetite for credit: FM Nirmala Sitharaman

Services sector showing high appetite for credit: FM Nirmala Sitharaman

Thu, Sep 26, 2019

In her presser after holding a meeting with Private Sector Banks and Financial Institutions in New Delhi today, FM Nirmala Sitharaman said that the services sector showing high appetite for credit.

Money Guru: Know who will be benefited after FM's announcements

Money Guru: Know who will be benefited after FM's announcements

Mon, Sep 23, 2019

In this segment of Zee Business' Money Guru, Know who will be benefited after FM's announcements.

Corporate tax cut a positive for the automotive industry: ICRA

Corporate tax cut a positive for the automotive industry: ICRA

Mon, Sep 23, 2019

India`s automotive industry is likely to be one of the key beneficiaries of the recent corporate tax cut, credit ratings agency ICRA said on Monday.

Vision 2020: Sensex at 45,000, Nifty at 13,000! To get big benefit, this is what you should do

Vision 2020: Sensex at 45,000, Nifty at 13,000! To get big benefit, this is what you should do

Mon, Sep 23, 2019

On Friday, the finance minister, Nirmala Sitharaman announced a cut in corporate tax rates to woo manufacturers and revive private investment in the economy. Though, the move will cost the government Rs 1.45 lakh crore in the current fiscal year in terms of lost revenue, but the Indian stock market seems extremely positive on this.

DIIs invest Rs 3000 crore in single session post corporate tax cut

DIIs invest Rs 3000 crore in single session post corporate tax cut

Sun, Sep 22, 2019

With stock markets recording a decade-high rise on the weekend after the announcement of the corporate tax cut by the Finance Minister, domestic institutional investors (DIIs) contributed the most with a massive over Rs 3,000 crore net investment during Friday`s session.

FM says yes to what Anil Singhvi demanded for Indian economy

FM says yes to what Anil Singhvi demanded for Indian economy

Sun, Sep 22, 2019

Modi government gave a big booster shot to Indian economy on Friday as Union Finance Minister Nirmala Sitharaman announced a series of tax incentives to boost the industry and restart investment. What is important and noteworthy here is that FM has listened to what Zee Business has been demanding and advocating in order to revive and boost the economy.

Zee Business Hit Hai: How Nirmala Sitharaman's reduction of corporate tax can boost Indian economy

Zee Business Hit Hai: How Nirmala Sitharaman's reduction of corporate tax can boost Indian economy

Sun, Sep 22, 2019

Finance Minister Nirmala Sitharaman and Modi government gave a major boost to the Indian economy on Friday by announcing several tax incentives including a reduction in the corporate tax, a demand that was put forward by Zee Business Managing Editor Anil Singhvi.

Corporate tax rate cut will accelerate industrial activity and bolster investment across all sectors: Varun Kapur

Corporate tax rate cut will accelerate industrial activity and bolster investment across all sectors: Varun Kapur

Sat, Sep 21, 2019

Varun Kapur, Executive Director, Travel Food Services, said "The recent announcement of relaxing corporate tax rate is a bold move by the government which will accelerate industrial activity and bolster investment across all sectors. It is bound to increase capital formation in the country, leading to business expansion and job creation."

Corporate tax cuts: All you want to know in brief

Corporate tax cuts: All you want to know in brief

Sat, Sep 21, 2019

Narendra Modi government cut corporate tax rates on Friday in a surprise move designed to woo manufacturers, revive private investment and lift growth from a six-year low that has led to major job losses and fueled discontent in the countryside.

Corporate tax cut: Here is how oil & gas sector and real estate will benefit the most from this big step

Corporate tax cut: Here is how oil & gas sector and real estate will benefit the most from this big step

Sat, Sep 21, 2019

The Oil and gas sector is likely to get maximum profit as companies like ONGC, which currently pay about 41% tax, will now have a direct savings of 12%.

Corporate tax rate cut: Mazumdar-Shaw says "Hats off to Sitharaman for this bold but most needed move"

Corporate tax rate cut: Mazumdar-Shaw says "Hats off to Sitharaman for this bold but most needed move"

Fri, Sep 20, 2019

Kiran Mazumdar-Shaw on Friday complimented Finance Minister Nirmala Sitharaman for the corporate tax rate cut, a day after a Twitter spat with her over the ban on e-cigarettes.

Desh Ki Baat: Market responds with a massive surge due to Corporate tax cut

Desh Ki Baat: Market responds with a massive surge due to Corporate tax cut

Fri, Sep 20, 2019

Corporate tax cut: slashes rate to 22% from 30%. To know more watch the video

GoM has made progress in Goa mining sector revival: FM Sitharaman

GoM has made progress in Goa mining sector revival: FM Sitharaman

Fri, Sep 20, 2019

Sitharaman expressed confidence that the GoM formed in July this year and headed by Amit Shah, had made progress in resolving Goa's mining deadlock.

GST Council meeting: Nirmala Sitharaman says rate on hotel room tariffs from Rs 1,001 to Rs 7,500 cut to 12%

GST Council meeting: Nirmala Sitharaman says rate on hotel room tariffs from Rs 1,001 to Rs 7,500 cut to 12%

Fri, Sep 20, 2019

Addressing the media, the FM said the GST rate on slide fasteners has been reduced from 18% to 12%; marine fuel 18% to 5%; 12% to 5% on wet grinders consisting of stone as a grinder, and 5% to nil on dried tamarind.

What Automotive Skills Development Council discussed in 32nd Governing Council Meeting - Top points

What Automotive Skills Development Council discussed in 32nd Governing Council Meeting - Top points

Fri, Sep 20, 2019

Automotive Skills Development Council (ASDC) held its 32nd Governing Council meeting in New Delhi on Friday.

Shot in the arm! Mercedes-Benz lauds big step by Nirmala Sitharaman to boost economy

Shot in the arm! Mercedes-Benz lauds big step by Nirmala Sitharaman to boost economy

Fri, Sep 20, 2019

Martin Schwenk, Managing Director & CEO, Mercedes-Benz India, says, "Reduction in corporate tax to 22 per cent is a shot in the arm as it is directly correlated to economic growth. Reduction of corporate tax has been on the agenda and it will also boost ‘Make in India

Corporate tax cut; market responds with a massive surge

Corporate tax cut; market responds with a massive surge

Fri, Sep 20, 2019

Corporate tax cut: slashes rate to 22% from 30%. To know more watch the video

Zee Business Hit Hai: FM says yes to what Anil Singhvi demanded for Indian economy; he predicted it so boldly!

Zee Business Hit Hai: FM says yes to what Anil Singhvi demanded for Indian economy; he predicted it so boldly!

Fri, Sep 20, 2019

Zee Business Managing Editor Anil Singhvi, who is known for his amazing finance, stock markets and business-related predictions had already said that the Indian economy will get a massive push if Modi 2.0 slashes corporate tax.

Corporate tax cut: slashes rate to 22% from 30%

Corporate tax cut: slashes rate to 22% from 30%

Fri, Sep 20, 2019

Corporate tax cut: slashes rate to 22% from 30%. To know more watch the video

Sensex, Nifty log massive gains after Modi 2.0 corporate tax cut announcement

Sensex, Nifty log massive gains after Modi 2.0 corporate tax cut announcement

Fri, Sep 20, 2019

Indian equity indices today witnessed a big surge after Finance Minister Nirmala Sitharaman announced a slew of measures to give a boost to the economy ahead of the GST Council meeting on Friday.

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