Tag: Nirmala Sitharaman

Union finance minister Nirmala Sitharaman with a child during the launch of NPS Vatsalya Scheme, in New Delhi, Wednesday (PTI)
Posted in Business

Sitharaman launches NPS Vatsalya that lets parents open pension account for kids

NEW DELHI: Union finance minister Nirmala Sitharaman on Wednesday said the old-age financial security scheme, National Pension System (NPS) is a “very attractive proposition” for…

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India stands out globally, will continue to grow at fast pace: FM Sitharaman
Posted in Economy

India stands out globally, will continue to grow at fast pace: FM Sitharaman

Finance Minister Nirmala Sitharaman on Wednesday said India is standing out globally in terms of economic growth and will continue to do so in the…

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FY26 Budget-making process to start in second week of October
Posted in Economy

FY26 Budget-making process to start in second week of October

Pre-Budget meetings will start in the second week of October and run through the middle of November, the finance ministry said, as it announced the…

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Finance minister Nirmala Sitharaman highlighted the government's aim to simplify direct taxation since 2019, maintaining that changes were specific to the new tax regime while allowing taxpayers to remain in the old scheme if they preferred exemptions.(PTI)
Posted in Business

Will there be reduction in tax rates under old regime? Nirmala Sitharaman’s response: ‘Not compelling anyone to…’

Sep 17, 2024 01:01 PM IST Nirmala Sitharaman confirmed no tax rate reductions under the old regime, emphasizing that taxpayers can choose between the old…

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Nirmala Sitharaman urged consideration of facts related to Congress's allegations against Sebi chief Madhabi Puri Buch. Buch and her husband denied involvement with consultancy firms and claimed the allegations are false, malicious, and defamatory, maintaining high governance standards.
Posted in Business

Nirmala Sitharaman on allegations against Sebi chief Madhabi Puri Buch: ‘Need to consider facts’

Sep 17, 2024 08:35 AM IST Finance minister Nirmala Sitharaman emphasized the need to consider facts regarding allegations against Sebi chief Madhabi Puri Buch. Finance…

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GST Council forms GoM to review tax rate on health, life insurance; report by Oct 30
Posted in Economy

GST Council forms GoM to review tax rate on health, life insurance; report by Oct 30

New Delhi: The GST Council on Sunday constituted a 13-member Group of Ministers (GoM) to suggest GST rate on premiums of various health and life…

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MoS Finance likely to be convenor of GoM on GST compensation cess
Posted in Economy

MoS Finance likely to be convenor of GoM on GST compensation cess

The Group of Ministers on reworking the nomenclature for GST compensation cess is likely to be convened by Union Minister of State for Finance Pankaj…

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india investments: Nirmala Sitharaman meets Nasdaq vice chairperson, discusses potential investment opportunities in India
Posted in Economy

india investments: Nirmala Sitharaman meets Nasdaq vice chairperson, discusses potential investment opportunities in India

Finance Minister Nirmala Sitharaman on Friday met Nasdaq Executive Vice Chairman Edward Knight and shared key initiatives of the government and the potential investment opportunities…

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Government notifies foreign exchange rules 2024 to simplify investments and ease of doing business
Posted in Economy

Government notifies foreign exchange rules 2024 to simplify investments and ease of doing business

The Ministry of Finance on Thursday notifies the new Foreign Exchange (Compounding Proceedings) Rules 2024 to simplify rules and regulations for foreign investments. The new…

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FEMA: Compounding rules eased to speed up FEMA cases
Posted in Economy

FEMA: Compounding rules eased to speed up FEMA cases

The finance ministry on Thursday raised the monetary limits of contraventions that can be compounded by relevant officers under the Foreign Exchange Management Act (FEMA)…

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