Sitharaman said the Council members did not see find the current situation appropriate to bring petroleum products under the GST.
Tag: Nirmala Sitharaman
GST council meet today: Key agenda to bring petroleum products under GST regime
The key agenda of the meeting is how to bring diesel, petrol and other petroleum products in the ambit of GST. The meeting will also be attended by MoS Finance Pankaj Chaudhary.
Finance Minister to launch National Monetisation Pipeline on Monday
The National Monetisation Pipeline (NMP) comprises a four-year pipeline of the Central Government’s brownfield infrastructure assets.
Insolvency and Bankruptcy Bill enables efficient resolution framework: Nirmala Sitharaman
The Insolvency and Bankruptcy Code (Amendment) Bill, 2021 was passed by the Lok Sabha on July 28 and by the Rajya Sabha on Tuesday following a brief discussion amid ruckus created by Opposition parties over the Pegasus snooping row and other issues.
Enhanced GST revenue collections should now be ‘new normal’: FM Nirmala Sitharaman
In a message to tax officers on the fourth anniversary of historic tax reform GST, she said in the last four years the taxpayer base has almost doubled from 66.25 lakh to 1.28 crore.
Is U-turn on interest rate order an ‘oversight’ or ‘election-driven hindsight’: Congress asks FM
Congress leader Rahul Gandhi alleged that the small saving rates would be reduced soon after elections.
Nirmala Sitharaman to move Insurance Amendment Bill 2021 in Rajya Sabha
Union Finance Minister Nirmala Sitharaman will move the Insurance (Amendment) Bill 2021 in Rajya Sabha for passing on Thursday.
UPA privatised taxpayers’ money, nationalised corruption: Finance Minister Nirmala Sitharaman
Sitharaman said that as the leader of the main opposition party, Rahul Gandhi should engage in serious discussions rather than throwing two-liners.
Want to see pvt sector unleash its animal spirits: Sitharaman
Sitharaman said that she has provided long-term certainty with short-term stimulus in her budget. She urged AIMA to nudge Indian business into investing and expanding capacity.
Govt committed to farmers’ welfare, MSP system strengthened, sharp increase in payment to farmers: FM
In her budget speech for the next fiscal, she said the procurement of crops like paddy, wheat, pulses and cotton has jumped manifold in the last six years.
Union Budget 2021-22: Rs 3,726 crore allocated for forthcoming Census, says Sitharaman
Presenting the Union Budget for 2021-22, she said the government is also working on a national language translation initiative.
Nirmala Sitharaman proposes sharp hike in capital expenditure to Rs 5.54 lakh crore for FY22
Presenting the Union Budget for 2021-22, she said Railways will monetise dedicated freight corridors.
FM announces voluntary vehicle scrapping policy to phase out old vehicles
Earlier Union Road Transport Minister Nitin Gadkari had said last week that policy to scrap more than 15-year-old vehicles owned by government departments and PSUs is likely to be notified soon and will be implemented from April 1, 2022.
Union Budget 2021: Nirmala Sitharaman meets President Kovind ahead of Budget speech
As per established tradition, the Finance Minister met the President at the Rashtrapati Bhawan before heading to Parliament.
Will FM answer how to describe mismanagement of economy before pandemic: Chidambaram
Sitharaman on Thursday had said the economy has been hit by the pandemic, which is an ”Act of God”, and it will see a contraction in the current fiscal.
Despite popular perception, only 0.25% tax filers scrutinised: FM Nirmala Sitharaman
In her address at the virtual inauguration of the Nani Palkhivala Centenary Celebrations at the SASTRA University, she said the government views the taxpayers as “nation-builders”.
Govt closely monitoring rate cut transmission by banks: Nirmala Sitharaman
D.K. Aggarwal, President, PHD Chamber of Commerce and Industry said the economic package is not only the monetary and financial stimulus, but also contains game changing reforms.
FM Nirmala Sitharaman press conference: Essential Commodities Act amendments to give better price realisation for farmers, says FM
FM Nirmala Sitharaman LIVE: After announcing relief for some of the India’s poorer section of the society including migrant workers, street vendors and small farmers, Nirmala Sitharaman will announce some more measures.
Rs 30,000 cr special liquidity scheme for NBFCs, HFCs and MFIs
Finance Minister Nirmala Sitharaman on Wednesday announced a Rs 30,000 crore special liquidity scheme for non-banking finance companies (NBFCs), housing finance companies (HFCs) and micro-finance institutions (MFIs).
Centre widens definition of MSMEs, raises investment limits
The Centre has decided to review the definition of micro, small and medium enterprises (MSME) and announced increase of investment limits.
Finance Minister reveals 6 measures for MSMEs under Centre’s stimulus plan
Finance Minister Nirmala Sitharaman on Wednesday detailed six measures for supporting the country’s MSME sector under the Centre’s massive stimulus programme.
Yes Bank crisis: RBI announces draft scheme of reconstruction, says SBI ready to invest
State Bank of India has expressed its willingness to make an investment in Yes Bank and participate in its reconstruction scheme, it said.
Govt to set up 5 new smart cities, announces Nirmala Sitharaman
As per statistics made available by the ministry of housing and urban affairs, the value of tendered smart city projects is over Rs 1,62,000 crore, the value of work orders issued is around Rs 1,20,000 crore and the value of all completed projects is more than Rs 25,000 crore.
Govt committed to doubling farmers’ income by 2022: FM Sitharaman
Some of the pointers included expansion of PM KUSUM Scheme, which reduces dependence on diesel and kerosene and increases reliance on social energy.
Budget 2020 LIVE Updates: Nirmala Sitharaman breaks own record, delivers longest-ever Budget speech
Nirmala Sitharaman will present the Budget for fiscal 2020-21 in the Lok Sabha at 11 am