Tag: Nirmala Sitharaman

Finance Ministry modifies compounding rules for offences under FEMA
Posted in Economy

Finance Ministry modifies compounding rules for offences under FEMA

The Finance Ministry on Thursday modified the compounding rules for offences under the Foreign Exchange Management Act (FEMA) by raising the monetary limits for adjudications…

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gst council meeting decisions: GST Council spices things up: Here's what got cheaper overnight in India
Posted in Economy

gst council meeting decisions: GST Council spices things up: Here’s what got cheaper overnight in India

The GST Council’s meeting on Monday added some flavor to the Indian tax system, announcing significant cuts aimed at making essential services and goods more…

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Posted in Economy

GST Council Meeting: Exemptions for foreign airlines, rate reductions, and new Groups of Ministers formed

The Goods and Services Tax (GST) Council exempted the import of services by foreign airline companies from related persons or any of their establishments outside…

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GST on online gaming resulted in 412% more revenue in six months, netted ₹6,909 crore, says Finance Minister Sitharaman
Posted in Economy

GST on online gaming resulted in 412% more revenue in six months, netted ₹6,909 crore, says Finance Minister Sitharaman

Post the GST Council meet on Monday, Finance Minister Nirmala Sitharaman announced that the Centre has seen a 412 percent jump in revenue from the…

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Nirmala Sitharaman: GST Council Meeting LIVE: FM Nirmala Sitharaman briefs media - The Economic Times Video
Posted in Economy

Nirmala Sitharaman: GST Council Meeting LIVE: FM Nirmala Sitharaman briefs media – The Economic Times Video

The 54th meeting of the GST Council, chaired by Finance Minister Nirmala Sitharaman and comprising state ministers began on Monday. The Council is expected to…

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GST Council Meeting Key Takeaways: From medical insurance premium to rate rationalisation, here's what Sitharaman & Co decided
Posted in Economy

GST Council Meeting Key Takeaways: From medical insurance premium to rate rationalisation, here’s what Sitharaman & Co decided

The 54th meeting of the Goods and Services Tax (GST) Council, chaired by union Finance Minister Nirmala Sitharaman, concluded at the Sushma Swaraj Bhawan, New…

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GST Council Meeting Highlights: Everything Finance Minister Sitharaman and the GST Council decided on in Monday's meet
Posted in Economy

GST Council Meeting Highlights: Everything Finance Minister Sitharaman and the GST Council decided on in Monday’s meet

Finance Minister Nirmala Sitharaman on Monday chaired the 54th meeting of the Goods and Services Tax (GST) Council, consisting of state finance ministers, the panel…

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Tax terrorism? A storm brewing in India’s academic circles can't be taken for granted
Posted in Economy

Tax terrorism? A storm brewing in India’s academic circles can’t be taken for granted

Seven prominent Indian institutions, including the prestigious IIT Delhi and Anna University in Chennai, are facing a significant financial challenge: they have received showcause notices…

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GST Council meeting: FM Sitharaman-led GST Council meet begins; Here are the key expectations
Posted in Economy

GST Council meeting: FM Sitharaman-led GST Council meet begins; Here are the key expectations

The 54th meeting of the GST Council, chaired by Finance Minister Nirmala Sitharaman and comprising state ministers began on Monday. The Council is expected to…

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capex: Finmin relaxes norms for expenditure exceeding Rs 500 cr to give boost to capex
Posted in Economy

capex: Finmin relaxes norms for expenditure exceeding Rs 500 cr to give boost to capex

The finance ministry has relaxed norms for expenditure exceeding Rs 500 crore to accelerate capex (capital expenditure) that is pegged at Rs 11.11 lakh crore…

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