Nirmala Sitharaman: Page 3

News and Trends

India Has Fairly Large Forex Reserve To Tide Over Current Currency Market Situation, Says Ajay Seth

The economic affairs secretary said that the concerns over the reserves were overblown

News and Trends

Revenue Department Officials To Be Trained To Use Modern Technology Tools, Says Nirmala Sitharaman

The finance minister also added that, internationally, tax authorities are using IoT technology to automate the scanning of goods using e-seals, QR codes and X-ray scanners

News and Trends

What's Stopping You From Investing? Nirmala Sitharaman To Indian Industries

The finance minister raised this concern when foreign companies had shown interest in coming to India and vowed to provide every possible support

News and Trends

Inflation Management Cannot Be Singularly Left To RBI, Says Nirmala Sitharaman

The finance minister said that the word 'taming inflation' or the word 'keeping it within the tolerance limit', is an exercise of so many different activities and a majority of which is outside the monetary policy in today's circumstances

News and Trends

War-induced Energy Crisis a Jolt For India: Nirmala Sitharaman

The Indian finance minister was hinting at the proposed cap on import of Russian oil and gas as proposed by the G7, which India fears will lead to rise in prices

News and Trends

Regulation Or Ban Of Cryptocurrencies Require Global Collaboration, Says Nirmala Sitharaman

The finance minister said that any legislation for regulation or for banning can be effective only after significant international collaboration on evaluation of the risks and benefits and evolution of common taxonomy and standards

News and Trends

The Big Bang Budget For Startups

Presenting the Union Budget 2022, Finance Minister Nirmala Sitharaman, made a slew of announcements for the startups in the country

News and Trends

Budget 2021: Cheer for Senior Citizens, PF Contributors to be Hit

The interest income on PF contributions above INR 2.5 lakh per annum will now be taxed at the normal rates

News and Trends

The Govt Wants You to Spend; Announces Festival Advance to Boost Consumer Spending

To encourage consumer spending, Sitharaman announced two schemes- a leave travel concession (LTC) cash voucher and special festive advance-mainly aimed at benefitting central government employees

News and Trends

FDI Limit for Defence Equipment Hiked from 49% to 74%; FM Stresses on 'Make in India' for Defence

In the fourth tranche of measures, Finance Minister Nirmala Sitharaman announced policy reforms that will help build Atmanirbhar Bharat (self-reliant India)

News and Trends

Coronavirus: FM Nirmala Sitharaman Unveils Package For the Poor

Named Pradhan Mantri Garib Kalyan Yojana, the stimulus package includes measures related to food security and direct cash transfer. It is expected to benefit urban and rural poor and migrant workers over the next three months.

Technology

[Budget 2020] Misses For the Healthcare Sector

At INR 69, 000 crore for FY21, the outlay for the health sector in Union Budget 2020 is a marginal improvement over INR 62,659 crore provided in the previous Budget

News and Trends

[Budget 2020] Government Focuses On Data and Technology To Build New Economy

Data centre parks , national mission on quantum technologies and applications and digitization via BharatNet on the offing

News and Trends

[Budget 2020] A Precious Little Something for Everyone

Rejigging of tax slabs appears a welcome move at first however, it is important to look closely into the implications of forgoing your deductions u/s 80C, 80D, 8024(b) etc

News and Trends

[Budget 2020] Seed Funds, ESOP Tax Deferral By 5 Years Announced For Start-ups

Finance minister Nirmala Sitharaman said start-ups "have emerged as engines of growth for our economy" and announced some key policies benefiting the community