Modi government announces measures to stimulate consumer spending
Oct 12, 2020, at 08:01 pm
New Delhi/UNI: The Narendra Modi government on Monday announced proposals to stimulate demand by front-loading or advancing some of the expenditure with some offsetting changes and the other directly linked to an increase in the GDP.
Coronavirus act of God which affected GST collections: Nirmala Sitharaman
Aug 27, 2020, at 11:48 pm
New Delhi/IBNS: Amid pressure from several states to compensate the revenue shortfall, Union Finance Minister Nirmala Sitharaman on Thursday said Novel Coronavirus is an act of God that has affected the Goods and Services Tax (GST).
Jul 31, 2020, at 10:41 pm
New Delhi: Union Finance Minister Nirmala Sitharaman on Friday said that the government is working with RBI on the Industry’s need for the restructuring of loans due to the COVID-19 impact.
GST Council meet: No late fee for GST returns filing for entities with nil tax liability
Jun 12, 2020, at 04:55 pm
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman on Friday chaired the crucial 40th GST Council meeting where it was announced that there will be no late fee for delayed filing of GST returns by registered entities with nil tax liability between July 2017 to January 2020.
May 17, 2020, at 12:50 pm
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman in the fifth and final process of unveiling the 20 lakh crore 'Atma-Nirbhar Bharat' fiscal package to revive the economy in the aftermath of coronavirus outbreak, announced on Sunday that an additional 40,000 crore will be spent on the MNREGA scheme.
India gives push to privatisation in detailing fourth tranche of Rs. 20 lakh crore economic package
May 16, 2020, at 06:48 pm
New Delhi/IBNS: Indian Finance Minister Nirmala Sitharaman's fourth press conference on Rs. 20 lakh crore economic package, dubbed as a package to build "Aatmanirbhar Bharat" or "Self-reliant India", was largely concentrated with the Narendra Modi government's push to privatisation in multiple sectors through reforms.
LIVE: FM Nirmala Sitharaman holds 4th press conference over economic package
May 16, 2020, at 04:20 pm
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman is holding her fourth press conference to give details of the Rs. 20 lakh crore mega stimulus economic package which was announced by Prime Minister Narendra Modi earlier this week.
Nirmala Sitharaman announces 1 lakh crore agri infrastructure fund to revive Covid-hit economy
May 15, 2020, at 05:24 pm
New Delhi/IBNS: In the third tranche of measures to support India's COVID-19 hit economy, Finance Minister Nirmala Sitharaman on Friday announced Rs. 1 lakh crore for funding Agriculture Infrastructure Projects at farm-gate and aggregation points.
Nirmala Sitharaman starts her third press briefingÂ
May 15, 2020, at 04:18 pm
New Delhi/IBNS: Indian Finance Minister Nirmala Sitharaman on Friday is addressing her third press conference on providing details about the economic package announced by PM Narendra Modi this week during his national address.
Nirmala Sitharaman to address her third press conference today
May 15, 2020, at 10:27 am
New Delhi/IBNS: Indian Finance Minister Nirmala Sitharaman will address a press conference for the third time on Friday.
Financial vaccine would revive lives at the bottom of the pyramid: ASSOCHAM president Dr Hiranandani
May 14, 2020, at 10:51 pm
New Delhi/IBNS: The COVID infected economy got the second dose from the finance ministry and would boost the immunity of some of the most underprivileged sections of the society that is the farmers, labourers, street vendors and the tribals, stated Dr Niranjan Hiranandani, President, ASSOCHAM.
May 14, 2020, at 07:12 pm
New Delhi/IBNS: India's Finance Minister Nirmala Sitharaman on Thursday said all migrant workers, who received a body blow due to the anti-Coronavirus lockdown, will get free food grains for the next two months.
LIVE: Nirmala Sitharaman gives details of Modi's 20 lakh crore package
May 14, 2020, at 04:28 pm
New Delhi/IBNS: For the second consecutive day, Union Finance Minister Nirmala Sitharaman is giving the details of Prime Minister Narendra Modi's Rs. 20 lakh crore package on Thursday.
Sitharaman announces 3 lakh crore emergency capital for MSMEs: Catch full statement here
May 13, 2020, at 08:35 pm
New Delhi/IBNS: After Narendra Modi's announcement of a special economic and comprehensive package of Rs 20 lakh crores for Self-Reliant India Movement in the aftermath of Coronavirus pandemic, Union Minister of Finance & Corporate Affairs Nirmala Sitharaman on Wednesday said that the PM had laid out a comprehensive vision in his address to the nation.
FM Nirmala Sitharaman announces 3 lakh crores collateral-free loans for MSMEs
May 13, 2020, at 05:34 pm
New Delhi/IBNS: In a bid by the Modi government to fight back the economic impact of COVID-19 outbreak, Union Finance Minister Nirmala Sitharaman on Wednesday announced several categories of collateral-free loans for Ministry of Micro, Small and Medium Enterprises (MSME)s as a part of the Atmanirbhar Bharat Yojana (Self-reliant India) announced by PM Narendra Modi on Tuesday during his national address.
FM Nirmala Sitharaman begins her briefingÂ
May 13, 2020, at 04:14 pm
New Delhi/IBNS: Indian Finance Minister Nirmala Sitharaman has started briefing the nation about the details of the Rs. 20 lakh crore economic stimulus package announced by Prime Minister Narendra Modi during his 33-minute address to the nation last night.
What to expect from Centre's Rs. 20 lakh crore economic package: Report
May 13, 2020, at 03:25 pm
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman at 4 pm on Wednesday will share the details of the mega stimulus economic package worth Rs. 20 lakh crore announced by Prime Minister Narendra Modi last night.
Nirmala Sitharaman to share details of Modi's Rs. 20 lakh crore economic package at 4 pm
May 13, 2020, at 12:34 pm
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman at 4 pm on Wednesday will share the details of the mega stimulus economic package worth Rs. 20 lakh crore announced by Prime Minister Narendra Modi last night.
Centre rejects report by IRSÂ officials suggesting Income Tax hike, calls it ill conceived
Apr 27, 2020, at 12:01 am
New Delhi/ IBNS: The Centre has rejected a report prepared by a group of IRS officers that suggested a 40 per cent hike in the income tax rate, a 4 per cent Covid-19 relief cess and imposing a super-rich tax, finance ministry officials have said, reported media.
Apr 16, 2020, at 08:41 pm
New Delhi/ IBNS: Prime Minister Narendra Modi and Finance Minister Nirmala Sitharaman met on Thursday to discuss the much-awaited financial package to mitigate the negative impact of COVID-19, said media reports.
CREDAI West Bengal writes to Union Finance Minister seeking reliefs for Real Estate industry
Apr 09, 2020, at 07:33 pm
Kolkata/IBNS: The West Bengal chapter of the Confederation of Real Estate Developers' Associations of India (CREDAI) has approached the Union Finance Minister Nirmala Sitharaman for relief to aid the real estate industry in the backdrop of the Covid 19 pandemic.
Greatest emergency since Independence: Former RBI Governor Raghuram Rajan over COVID-19 situation
Apr 06, 2020, at 04:15 pm
New Delhi/IBNS: Advising the Indian government to spend more on poor to manage the crisis caused by the Novel Coronavirus, former Reserve Bank of India (RBI) governor Raghuram Rajan has said the pandemic virus is the "greatest emergency since Independence".
RBI measures will give 'much-desired relief', says Finance Minister Nirmala Sitharaman
Mar 27, 2020, at 04:33 pm
New Delhi/UNI: Finance Minister Nirmala Sitharaman on Friday welcomed the RBI announcement of massive 75 basis points cut in repo rates as a measure to counter the economic slowdown caused by the Covid-19 pandemic and maintained that three month moratorium on payments of term loan instalments and interest on working capital will give much-desired relief.
COVID-19: FM Sitharaman announces mega package for health workers, farmers, poor people
Mar 26, 2020, at 03:07 pm
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman on Thursday came out with a mega package of Rs. 1,70,000 crore under "Pradhan Mantri Gareeb Kalyan Scheme" to support health workers, poor people, farmers, women and other marginalised sectors as the country is in lockdown mode to combat COVID-19.
Stimulus package to arrest economic downturn likely: Report
Mar 25, 2020, at 05:39 pm
New Delhi/ IBNS: The government is mulling a package of Rs 1.5 lakh crore to stimulate the economy of India which is currently under lockdown due to coronavirus outbreak, a Reuters report said.
Coronavirus: Govt announces financial relief for common man, businessmen
Mar 24, 2020, at 07:35 pm
New Delhi/UNI: In view of the situation arising out of Coronavirus spread, the government on Tuesday announced a variety of exemptions to the general public and businessmen related to income tax returns and last date of compliance among others.
Coronavirus outbreak: Centre extends last date for filing GST returns till Jun 30
Mar 24, 2020, at 02:50 pm
New Delhi/IBNS: The central government on Tuesday extended the last date for filing GST returns for the fiscal year 2018-19 till Jun 30 amid the Novel Coronavirus outbreak.
Yes Bank crisis: FM's assurance is right, depositors' money not at risk, says SBI chairman
Mar 07, 2020, at 11:11 am
Mumbai/New Delhi/IBNS: Amid the panic of the customers of crisis-hit Yes Bank, State Bank of India (SBI) chairman Rajnish Kumar on Saturday said the depositors' money was safe throwing weight behind the statement of Union Finance Minister Nirmala Sitharaman.
Mar 06, 2020, at 05:32 pm
New Delhi/IBNS: Union Finance Minister Nirmala SItharaman on Friday reacted to the development following the emergence of the Yes Bank crisis and assured people that their money will remain safe.
Yes Bank crisis: Depositors' money is safe, says FM Nirmala Sitharaman
Mar 06, 2020, at 04:03 pm
New Delhi/IBNS: Reacting to the Yes Bank crisis, Union Finance Minister Nirmala Sitharaman on Friday assured all depositors that their money was safe, media reports said.