Nirmala Sitharaman

Centre allows commercial mining of coal, raises FDI limit in defence manufacturingIndia

Centre allows commercial mining of coal, raises FDI limit in defence manufacturing

<p>Announcing the fourth tranche of economic measures to revive the economy from the COVID-induced slowdown, Finance Minister Nirmala Sitharaman announced commercial mining of coal on revenue sharing basis to increase its availability at market prices. The government has also increased FDI limit in defence manufacturing from 49 per cent to 74 per cent. The commercialisation […]</p>

By Palak Vaghela
FM Nirmala Sitharaman to announce fourth tranche of Rs 20 Lakh Cr economic package at 4 PMIndia

FM Nirmala Sitharaman to announce fourth tranche of Rs 20 Lakh Cr economic package at 4 PM

<p>Finance Minister Nirmala Sitharaman will address a Press Conference in New Delhi today at 4 P.M. Ms. Sitharaman has already announced several measures in the last three days to boost the economy and bring relief to the people facing hardship due to Corona virus outbreak in the country. In her first tranche, Finance Minister Nirmala […]</p>

By Palak Vaghela
Govt announces collateral free loan worth 3 lakh crore rupees benefiting 45 lakh MSMEsIndia

Govt announces collateral free loan worth 3 lakh crore rupees benefiting 45 lakh MSMEs

<p>Government  has announced the first tranche of stimulus packages, under the Atma-Nirbhar Bharat Yojana. Prime Minister Narendra Modi had on Tuesday made a clarion call of making India self-reliant and had announced the Atma-Nirbhar  Bharat Yojana.  Addressing mediapersons yesterday, Finance Minister Nirmala Sitharaman gave details regarding these financial packages equaling to 10 per cent of […]</p>

By Palak Vaghela
Yes Bank Depositor’s money safe, assures Nirmala SitharamanIndia

Yes Bank Depositor’s money safe, assures Nirmala Sitharaman

<p>Finance Minister Nirmala Sitharaman on Friday said the government has asked the Reserve Bank to look into what went wrong at Yes Bank and fix individual responsibilities. Addressing a press conference after the RBI superseded the board of Yes Bank and placed withdrawal restrictions, she said the bank was being monitored since 2017 and developments […]</p>

By Palak Vaghela
Finance Minister Nirmala Sitharaman moves Direct Tax ‘Vivad Se Vishwas’ Bill, 2020 in Lok SabhaIndia

Finance Minister Nirmala Sitharaman moves Direct Tax ‘Vivad Se Vishwas’ Bill, 2020 in Lok Sabha

<p>Finance Minister Nirmala Sitharaman moved the Direct Tax ‘Vivad Se Vishwas’ Bill, 2020 for consideration and passing in the Lok Sabha on Monday. In her remarks, the Minister said that the bill would cover the way to provide resolution of disputed tax and related matters as there are four lakh 83 thousand cases amounting to […]</p>

By Palak Vaghela
FM to hold high level meeting to discuss stoppage in supply of raw materials from ChinaIndia

FM to hold high level meeting to discuss stoppage in supply of raw materials from China

<p>Finance Minister Nirmala Sitharaman is to hold a meeting of Secretaries today to discuss disruption in supply of raw materials from China after outbreak of Novel Coronavirus. Yesterday, the Finance Minister held a meeting with Industry and other bodies to assess the impact of Novel Corona virus outbreak and any disruptions posed by it to […]</p>

By Palak Vaghela
NRI tax: No tax over what you earn in Dubai, says SitharamanIndia

NRI tax: No tax over what you earn in Dubai, says Sitharaman

<p>The government on Sunday clarified that the proposed tax on NRIs will not apply on bonafide Indians working in tax-free foreign countries and is intended to tax only those seeking to escape tax by exploiting their non-resident status. Finance Minister Nirmala Sitharaman in her Budget for 2020-21 had proposed to tax Non-resident Indians (NRIs) who […]</p>

By Palak Vaghela
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