Tag: Nirmala Sitharaman

Budget 2025: Why Nirmala Sitharaman needs to revamp priority sector lending and how it can drive growth
Posted in Economy

Budget 2025: Why Nirmala Sitharaman needs to revamp priority sector lending and how it can drive growth

As Union Finance Minister Nirmala Sitharaman prepares to present the Union Budget for 2025 in February, the Confederation of Indian Industry (CII) has put forward…

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GST Council clears "track and trace" mechanism, cigarettes and pan masala likely first targets
Posted in Economy

GST Council clears “track and trace” mechanism, cigarettes and pan masala likely first targets

Cigarettes are expected to be among the first products brought under a “track and trace mechanism” aimed at curbing tax evasion, following amendments to the…

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Punjab presents slew of demands to boost infra at pre-budget meeting with Sitharaman
Posted in Economy

Punjab presents slew of demands to boost infra at pre-budget meeting with Sitharaman

Chandigarh: Punjab has sought Rs 1,000 crore Central assistance to strengthen its police infrastructure and security efforts in the border districts, among a slew of…

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The GST Council clarified popcorn tax rates, sparking memes on social media.(Pixabay)
Posted in Business

Memes flood the internet as GST Council confirms 18% tax on caramelised popcorn | Trending

The GST Council, in its 55th meeting on Saturday, clarified the tax structure on popcorn, stating there would be no changes to the existing rates….

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Union finance minister Nirmala Sitharaman addresses a press conference on Saturday,(PTI)
Posted in Business

What gets cheaper, what is costlier after GST Council meet? Details here

The 55th GST Council meeting, chaired by Union finance minister Nirmala Sitharaman in Jaisalmer, Rajasthan, on Saturday, brought changes affecting the prices of various goods…

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Union finance minister Nirmala Sitharaman speaks at the 55th meeting of the GST Council in Jaisalmer on Saturday.(ANI)
Posted in Business

GST Council hikes tax on used, old EV cars by businesses; Opposition reacts | Latest News India

The Goods and Services Tax Council, headed by Union finance minister Nirmala Sitharaman and comprising representatives of all states and UTs, on Saturday approved an…

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Budget 2025: States to get more funds for disaster relief via interest-free loan scheme
Posted in Economy

Budget 2025: States to get more funds for disaster relief via interest-free loan scheme

States will be eligible for additional targeted allocations for disaster-related programmes through a 50-year, interest-free loan scheme, officials aware of the matter told ET.This will…

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GST Council approves 'Track and Trace Mechanism' to curb evasion
Posted in Economy

GST Council approves ‘Track and Trace Mechanism’ to curb evasion

In a significant move to plug leakage, the GST Council on Saturday approved a proposal to implement ‘Track and Trace Mechanism’ for specified evasion-prone commodities,…

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Union Finance Minister Nirmala Sitharaman chairs the 55th meeting of the GST Council, in Jaisalmer(PTI)
Posted in Business

No GST to be paid for penal charges levied by banks on borrowers: Nirmala Sitharaman

Dec 21, 2024 10:10 PM IST The 55th meeting of the GST council In Jaisalmer, Rajasthan also made revisions to rates applied on fortified rice…

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Growfast
Posted in Economy

GST Council meet outcomes: GST rate cut on fortified rice kernels to 5%; no consensus on ATF and more

The 55th goods and services tax council meeting headed by Finance Minister Nirmala Sitharaman on Saturday announced exemption for payment aggregators who do less than…

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