Tag: Nirmala Sitharaman
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…
GST Council postpones decision to cut tax on life and health insurance
Dec 21, 2024 01:47 PM IST 18% GST will continue on premiums paid for policies with health insurance cover of over ₹5 lakh. The GST…
Insurance, plane fuel might get cheaper as GST Council mulls lowering taxes
The 55th GST Council meeting which is expected to decide on reducing tax rate on health and life insurance, besides considering rate rejigs on 148…
GST Council ups tax on sale of used cars; says rate on popcorn depends on flavour
The 55th goods and services tax (GST) council meeting is underway in Jaisalmer, where several key decisions are being taken including clarification tax rates attracted…
Funds devolved to states under 15th Finance Commission higher: Finance Minister
Funds devolved to states under the 15th Finance Commission (2021-2024) is more than what was devolved under the 14th Finance Commission (2015-20), finance minister Nirmala…
Budget 2025: Nirmala Sitharaman holds meet with states; Punjab and Kerala seek special financial packages
During pre-Budget consulation sessions with Finance Minister Nirmala Sitharaman, Punjab and Kerala have requested for special financial packages among other demands by states, reported ETNow…
Lower Q2 growth a temporary blip, no production slump: Nirmala Sitharaman
The economy will expand at a healthy pace in the coming quarters, finance minister Nirmala Sitharaman said, terming the growth deceleration in the three months…
India must do more to tax its super-rich, France’s Piketty says
India should do more to tax its super-rich given its high levels of inequality, French economist and author Thomas Piketty said on Friday. The writer…
Inflation global challenge; restoring normalcy top priority: FM Nirmala Sitharaman
Finance minister Nirmala Sitharaman said on Wednesday that restoring normalcy is a top priority for governments and industries worldwide for the next decade, as wars…
Govt may consider addressing inverted duty structure for certain aluminium goods in Budget
The government is likely to consider addressing the issue of inverted duty structure for certain products in sectors like aluminium in the forthcoming Budget to…