Page 114 - Latest Updates on Nirmala Sitharaman
India's economy and BJP's ambitious political thrust on divergent tracks
The ruling party may have assumed the economy will revive on its own before next elections, but such facile belief can come unstuck if current directions are not reversed quickly, writes T N Ninan
Budget 2020 likely on February 1, economic survey on January 31: Report
This will be the first time after 2015-16 when the budget will be presented on Saturday
 "Budget 2020 likely on February 1, economic survey on January 31: Report")
FM Sitharaman press conference HIGHLIGHTS: Govt says reforms showing impact
CEA Krishnamurthy Subramanian said reform measures included corporate tax cuts to improve risk-return of companies
 "FM Sitharaman press conference HIGHLIGHTS: Govt says reforms showing impact")
Name inadvertently mentioned as head of GoM on IGST, says Sitharaman
She said that while she was meeting states regarding GST compensation issue, "there was a confusion", that Nirmala Sitharaman has withdrawn from a GoM
 "Name inadvertently mentioned as head of GoM on IGST, says Sitharaman")
Govt to sell 100% stake in Air India as part of disinvestment: Puri
The national carrier, which has a debt burden of more than Rs 50,000 crore, has been making loss for long and as part of revival efforts, the government has decided on disinvestment
 "Govt to sell 100% stake in Air India as part of disinvestment: Puri")
Change in IGST panel triggers speculation on fresh faces in Modi cabinet
A young face from the North-East may be brought in to articulate the government's stand in those states
 "Change in IGST panel triggers speculation on fresh faces in Modi cabinet")
GST council may hike rates for various items to meet revenue shortfall
The Council can explore possibility of merger of slabs to bring down the number of slabs to three, sources said.
 "GST council may hike rates for various items to meet revenue shortfall")
RBI had no objection to issuance of electoral bonds through SBI, says FM
She said the Committee of the Central Board (CCB) of RBI in its meeting held on October 11, 2017 indirectly agreed for electoral bonds to be issued if it is done by the SBI.
Fiscal deficit may slip to 3.5-3.8% in FY20; govt set to miss 3.3% target
The FRBM Act, after its amendment in 2018, allows a fiscal deficit slippage of not more than 0.5% for any given year, provided there are justifications
 "Fiscal deficit may slip to 3.5-3.8% in FY20; govt set to miss 3.3% target")
Back to square one on trade strategy
What's the strategy to revive the economy? Mere fundamentals will not do the trick
 "Back to square one on trade strategy")
Simplify I-T structure
That's the way to go for improving tax base, compliance
 "Simplify I-T structure")
Highlights of FM Nirmala Sitharaman's corporation tax rate cuts today
The measures announced by the finance minister will hit the exchequer by Rs 1.45 trillion a year
 "Highlights of FM Nirmala Sitharaman's corporation tax rate cuts today")
Budget 2020: Pradhan hopes for signal on ATF, natural gas inclusion in GST
5 commodities namely crude oil, natural gas, petrol, diesel, and aviation turbine fuel (ATF) were kept out of GST's purview given the revenue dependence of state governments on these sectors
 "Budget 2020: Pradhan hopes for signal on ATF, natural gas inclusion in GST")
59 mn added under PM Jyoti Bima Yojana, 154 mn under Suraksha Yojana: Govt
The PMJJBY offers life insurance cover of Rs 2 lakh in case of death due to any reason to people in the age group of 18-50 years having a bank or post office account
 "59 mn added under PM Jyoti Bima Yojana, 154 mn under Suraksha Yojana: Govt")
No proposal to waive off education loans: FM Sitharaman tells Parliament
She said banks have been sensitised to adopt a non-coercive strategy for recovery of education loans
 "No proposal to waive off education loans: FM Sitharaman tells Parliament")
FM hints at I-T rate cuts, more stimulus measures to boost slowing economy
Says govt is taking steps towards a harassment-free taxation regime
 "FM hints at I-T rate cuts, more stimulus measures to boost slowing economy")
Telangana CM urges Nirmala Sitharaman to release Rs 4,531 cr in GST dues
KCR says despite a higher tax devolution as per Union Budget 2019-20, the receipts by the state till November were actually lower than in the same period last year
 "Telangana CM urges Nirmala Sitharaman to release Rs 4,531 cr in GST dues")
We're committed to further reforms, says FM Nirmala Sitharaman
Waiting for the next Budget is by itself a delay which we did not want considering the environment which was prevailing all over the world, said Sitharaman
Income tax rate cut among steps govt working on to revive growth: FM
Assuring that there will be no harassment of taxpayers, Sitharaman said the intent of the government is to further simplify taxation systems including removal of exemption.
 "Income tax rate cut among steps govt working on to revive growth: FM")
Govt will honour compact to give states their share of GST: Sitharaman
Sitharaman's statement comes after Kerala last week threatened to take the central government to Supreme Court over delay in the payment of compensation to states
 "Govt will honour compact to give states their share of GST: Sitharaman")
