Tag: Nirmala Sitharaman

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Posted in Economy

India manufacturing capex: Some more PLIs: FY24 could be inflection point for surge in India’s manufacturing capex

Ahead of next week’s Union Budget, speculation over an expansion of the government’s Production-Linked Incentive (PLI) scheme is running rife. Finance Minister Nirmala Sitharaman may…

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budget 2023: Top US advocacy group submits Budget wish list, seeks rationalisation of tax system
Posted in Economy

budget 2023: Top US advocacy group submits Budget wish list, seeks rationalisation of tax system

In a pre-Budget presentation to the Finance Ministry, the US-India Strategic and Partnership Forum (USISPF) raised the need for FM Nirmala Sitharaman to simplify and…

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budget: US venture capitalists hope India's Budget 2023 supports growth, strengthens startup ecosystem
Posted in Economy

budget: US venture capitalists hope India’s Budget 2023 supports growth, strengthens startup ecosystem

US venture capital firms investing in India are expecting the Union Budget 2023 to support the growth and development of the startup ecosystem in the…

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GST Rate Revised List of goods that will increase in price - INFC E Paper
Posted in GST

GST Rate Revised: List of goods that will increase in price

Consumers may have to fork over more money starting on July 18 as a result of the GST Council’s approval of a rate increase to…

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Nirmala Sitharaman's recent statement on India's ban on cryptocurrency Accordant to the FM, RBI wants to restrict cryptocurrency - INFC E Paper
Posted in Finance RBI

Nirmala Sitharaman’s recent statement on India’s ban on cryptocurrency: Accordant to the FM, RBI wants to restrict cryptocurrency

The Reserve Bank of India is in favour of outlawing cryptocurrencies in India, but Finance Minister Nirmala Sitharaman argues that for the law to be…

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GST rate: Revised GST rates kick-in today; Here is a list of items that'll get costlier
Posted in GST

GST rate: Revised GST rates kick-in today; Here is a list of items that’ll get costlier

Consumers may have to shell out more starting July 18 as several goods and services will cost higher with the Goods and Services Tax (GST)…

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zero rating GST: FICCI bats for bringing healthcare under zero-rating GST
Posted in GST

zero rating GST: FICCI bats for bringing healthcare under zero-rating GST

The exclusion of healthcare from the goods and services tax regime is leading to stranded input tax credit (ITC) according to the Federation of Indian…

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GST Compensation: No decision on extending GST compensation to states
Posted in GST

GST Compensation: No decision on extending GST compensation to states

The GST Council deferred the decision on levying a 28% tax on casinos, online gaming, horse racing and lottery pending more consultations with stakeholders. Further,…

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GST Council Meeting Today: GST council meeting to decide on Online gaming compensation today
Posted in GST

GST Council Meeting Today: GST council meeting to decide on Online gaming compensation today

The Goods and Services Tax (Council) is going to meet again on Wednesday to discuss crucial issues of GST compensation to states beyond June 2022…

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