Govt allows direct listing of shares of Indian firms on GIFT City's exchanges
Jan 25, 2024, at 06:15 am
New Delhi: The government on Wednesday officially announced the direct listing of shares for Indian companies on the exchanges at GIFT City.
Nirmala Sitharaman participates in pre-budget halwa ceremony
Jan 25, 2024, at 03:05 am
The traditional 'halwa ceremony', marking the final stage in the preparation ahead of the interim Union Budget 2024 presentation, was held on Wednesday evening at the Union Finance Ministry headquarters at North Block in Delhi.
Narendra Modi government's Interim Budget likely to set nominal GDP growth at 10-10.5 pct
Jan 08, 2024, at 11:30 pm
The Indian government will present its interim budget on Feb 1, just months before the country is expected to vote in the Lok Sabha polls this year.
On IMF's warning on debt, Centre says India's borrowings still below 2002 level
Dec 23, 2023, at 07:04 am
New Delhi: In response to the International Monetary Fund's (IMF) warning about alleged government debt vulnerabilities in India, the Central government stated on Friday that certain assumptions have been made which do not accurately represent the actual situation.
Dec 08, 2023, at 03:16 am
New Delhi/UNI: Painting a rosy picture of the economy and stating that the Indian economy remains the fastest-growing economy in the world, Finance Minister Nirmala Sitharaman on Thursday said that all sectors of the economy are performing well.
4 Indian women, including Finance Minister Sitharaman, rank in Forbes' top influential list
Dec 07, 2023, at 09:19 am
New Delhi: Finance Minister Nirmala Sitharaman has been ranked 32nd in Forbes' list of the world's most influential women, alongside notable women such as US Vice President Kamala Harris and musician Taylor Swift.
21,791 fake GST registrations, tax evasion of over Rs 24,000 cr uncovered: Sitharaman
Dec 06, 2023, at 02:28 am
New Delhi: GST officers have identified 21,791 fraudulent GST registrations and uncovered potential tax evasion exceeding Rs 24,000 crore during a two-month-long special drive, Finance Minister Nirmala Sitharaman on Tuesday said.
Nirmala Sitharaman to inaugurate Aayakar Bhawan of IT Dept
Nov 24, 2023, at 07:02 pm
Kochi/UNI: Union Minister for Finance and Corporate Affairs Nirmala Sitharaman will inaugurate the newly constructed Aayakar Bhawan of the Income Tax Department at a private hotel here on Friday.
Direct Tax collection in Oct FY24 crosses Rs 11.07 lakh cr
Oct 11, 2023, at 02:36 am
New Delhi: The gross direct tax collections in October, so far, surpassed Rs 11 lakh crore, reaching Rs 11.07 lakh crore, the Finance Ministry said in a statement on October 10.
Indian firms could soon list in London, UK Chancellor Jeremy Hunt announces in Delhi
Sep 12, 2023, at 06:36 am
Indian firms could soon list in London, it has been announced as part of a package of plans unveiled Monday by UK Chancellor Jeremy Hunt alongside Indian Finance Minister Nirmala Sitharaman, as they met in Delhi for face-to-face talks.
Legal framework for accounting and taxation professionals in GIFT City soon: Sitharaman
Aug 20, 2023, at 06:12 am
Gandhinagar: Union Finance Minister Nirmala Sitharaman on Saturday said that a comprehensive legal framework for accounting and taxation professionals will soon be in place to enable them to provide services to the world, making GIFT City the global hub for accounting and financial back-office functions.
'Global community must find ways to debt restructuring of low-income nations': Nirmala Sitharaman
Aug 11, 2023, at 05:39 pm
Mumbai/UNI: Noting that the high debt level of poor countries poses risks to their sustainable development, Union Finance Minister Nirmala Sitharaman said on Friday that the international community must collaborate and find stronger ways to coordinate debt restructuring for low-income and vulnerable middle-income countries facing debt distress.
28% GST on online gaming: GST Council agrees to review after 6 months of implementation
Aug 03, 2023, at 05:58 am
New Delhi: Finance Minister Nirmala Sitharaman on Wednesday announced the decision to implement 28% GST on the full face value of bets placed on online games, horse racing, and casinos.
Finance Minister Nirmala Sitharaman inaugurates GST Bhawan at Agartala
Jul 22, 2023, at 08:28 am
Agartala: Finance Minister Nirmala Sitharaman inaugurated the ‘GST Bhawan’ in Tripura’s capital Agartala on Friday.
GST Council decides to levy 28 pc tax on online gaming, casinos and horse-racing
Jul 12, 2023, at 10:58 pm
New Delhi: The all-powerful GST Council chaired by Union Finance Minister Nirmala Sitharaman on Tuesday decided to impose 28% tax on online gaming, horse racing and casinos.
GST Council Meet: 28% GST to be levied on online gaming, horse racing, casinos
Jul 12, 2023, at 05:30 am
New Delhi: The Group of Ministers (GoM) attending the 50th GST Council Meeting on Tuesday reached a decision to impose a 28 percent Goods and Services Tax (GST) on the entire value of online gaming, horse racing, and casinos.
Canara Bank handed over Dividend for FY 2022-23
Jul 05, 2023, at 07:19 pm
Kolkata: Canara Bank MD&CEO Satyanarayana Raju handed over a dividend cheque of Rs.1370 Croreto Union Finance Minister Nirmala Sitharaman.
India, Japan, France announce launch of negotiations to restructure Sri Lanka's debt
Apr 15, 2023, at 02:05 am
Washington/IBNS: India, Japan, and France today announced the launch of the debt restructuring negotiation process for Sri Lanka.
FM Nirmala Sitharaman and Geeta Gopinath meet at IMF-World Bank spring meetings in US
Apr 13, 2023, at 04:31 am
Washington: Union Finance Minister Nirmala Sitharaman met with Gita Gopinath, the first deputy Managing Director of the International Monetary Fund (IMF), on Wednesday at the IMF-World Bank spring meetings.
FM Sitharaman holds roundtable with investors, biz leaders during US visit
Apr 12, 2023, at 01:55 am
Washington: Finance Minister Nirmala Sitharaman on Monday attended a roundtable meeting with business leaders and investors, co-hosted the by Confederation of Indian Industry (CII) and US-India Business Council in the US Chamber, in Washington, DC.
Apr 09, 2023, at 05:53 am
New Delhi/IBNS: The government has sanctioned around Rs 23.2 lakh crore to 40.82 crore loan accounts under the Pradhan Mantri Mudra Yojana (PMMY) scheme as of March 24, 2023, Finance Minister Nirmala Sitharaman said on Saturday.
FM Sitharaman to visit US to attend Spring Annual Meetings of the IMF-World Bank
Apr 09, 2023, at 02:01 am
New Delhi/IBNS: Finance Minister Nirmala Sitharaman will start an official visit to the USA on April 10, 2023, an official statement said on Saturday.
Apr 06, 2023, at 01:30 am
New Delhi/IBNS: The government has sanctioned over Rs 40,600 cr in the last seven years under Stand-Up India (SUPI) Scheme aimed at promoting entrepreneurship at the grassroots level focusing on economic empowerment and job creation.
ADB president Masatsugu Asakawa meets PM Modi, proposes $25 billion for India's development projects
Feb 23, 2023, at 04:41 am
New Delhi/IBNS: Asian Development Bank President Masatsugu Asakawa on Tuesday met Prime Minister Narendra Modi and conveyed ADB's intention to provide $20-25 billion resources over five years to advance India's aspirations for fast, inclusive, and green growth.
Centre will clear entire GST compensation dues: Nirmala Sitharaman
Feb 19, 2023, at 02:24 am
New Delhi/IBNS: The government will clear the GST compensation, including the entire pending balance of Rs 16,982 crore for June 2022 due as of Saturday, Finance Minister Nirmala Sitharaman said.
FM Sitharaman says LIC, SBI exposure to Adani Group within permissible limits: Report
Feb 04, 2023, at 02:58 am
Mumbai: Finance Minister Nirmala Sitharaman Friday said the exposure of big lenders such as LIC and State Bank of India (SBI) to the crisis-hit Adani Group is well within the permissible limits as stated by these lenders, according to media reports.
Union Budget 2023-24: Gems and jewellery industry unhappy over 10 pc import duty on gold
Feb 03, 2023, at 07:06 am
New Delhi/IBNS: The gems and jewellery industry expressed disappointment over the Union Budget 2023-24 presented by Finance Minister Nirmala Sitharaman on Wednesday (Feb 1), saying that it failed to address the industry’s core concerns.
Feb 01, 2023, at 10:50 pm
New Delhi: While presenting the Union Budget 2023-24 in Parliament here on Wednesday, Union Minister for Finance and Corporate Affairs Nirmala Sitharaman proposed to continue the financial sector reforms and innovative use of technology which have led to financial inclusion at scale, better and faster service delivery, ease of access to credit and participation in financial markets.
Feb 01, 2023, at 10:25 pm
New Delhi: India is moving forward firmly for the ‘panchamrit’ and net-zero carbon emission by 2070 to usher in green industrial and economic transition, Union Finance Minister Nirmala Sitharaman tells in her Budget speech on Wednesday.
Union Budget: Highest ever capital outlay of Rs. 2.40 lakh crore announced for Indian Railways
Feb 01, 2023, at 10:04 pm
New Delhi: Finance Minister Nirmala Sitharaman said in her Union Budget speech that a capital outlay of Rs. 2.40 lakh crore has been provided for the Railways.