Page 31 - Latest Updates on Nirmala Sitharaman
Ending retro tax to boost $5-trn economy dream: FM Nirmala Sitharaman
Rajya Sabha returns Bill to Lok Sabha amid Opposition protests
 "Ending retro tax to boost $5-trn economy dream: FM Nirmala Sitharaman")
Govt mobilises Rs 31,290 crore from Sovereign Gold Bond Scheme: FM
The government has collected Rs 31,290 crore from Sovereign Gold Bond (SGB) Scheme since its launch in 2015, Finance Minister Nirmala Sitharaman informed Parliament on Monday.
 "Govt mobilises Rs 31,290 crore from Sovereign Gold Bond Scheme: FM")
Depositors of PMC, other banks to benefit from DICGC Bill: FM Sitharaman
We want to make sure within 90 days depositors get the money so that small depositors who make up 98% of all depositors will get their money in time, she said
 "Depositors of PMC, other banks to benefit from DICGC Bill: FM Sitharaman")
Bill to nullify retrospective tax passed in LS amid protests by Opposition
The bill seeks to do away with the contentious retrospective tax provision
 "Bill to nullify retrospective tax passed in LS amid protests by Opposition")
Govt buries retrospective tax, introduces Bill to amend Income Tax Act
Bill to scrap the law tabled; proposed refund at around Rs 8,100 crore
 "Govt buries retrospective tax, introduces Bill to amend Income Tax Act")
FM invites Aussie investors to tap opportunities in infrastructure sector
Finance Minister Nirmala Sitharaman on Thursday invited Australian investors to tap opportunities in India's infrastructure sector which needs funding to the tune of Rs 111 lakh crore over five years.
 "FM invites Aussie investors to tap opportunities in infrastructure sector")
Govt to amend Income Tax Act to nullify retrospective tax demands
No retro tax demand for indirect transfer of Indian assets made before May 28, 2012; govt also proposes to refund the amount paid in these cases without any interest thereon
 "Govt to amend Income Tax Act to nullify retrospective tax demands")
Govt, RBI, Sebi watching markets closely: FM Nirmala Sitharaman
FM said they are taking necessary measures to ensure orderly functioning of the stock markets and maintain macro-financial stability
 "Govt, RBI, Sebi watching markets closely: FM Nirmala Sitharaman")
Avg annual revenue collection from tobacco products at Rs 53,750 cr: FM
Finance Minister Nirmala Sitharaman on Tuesday told the Rajya Sabha that the average annual revenue collection, including GST and excise duty, from tobacco products, stands at about Rs 53,750 crore.
 "Avg annual revenue collection from tobacco products at Rs 53,750 cr: FM")
Sitharaman as FM: Some positive surprises, a few works in progress
Tax, revenue and macroeconomic trends are encouraging, but more needs to be done on privatisation, clean-up of banking mess, anti-protectionism, and de-politicisation of govt bodies, writes T N Ninan
Rahul urges FM to extend moratorium on repayment of short-term crop loans
Congress leader Rahul Gandhi on Thursday wrote to Finance Minister Nirmala Sitharaman urging the Centre to extend the moratorium on repayment of short-term crop loans of farmers to December 31
 "Rahul urges FM to extend moratorium on repayment of short-term crop loans")
Rahul writes to FM seeking relief to farmers on repayment of crop loans
Congress leader Rahul Gandhi on Thursday wrote to Finance Minister Nirmala Sitharaman urging her to extend the moratorium on repayment of short-term.crop loans by farmers to December 31, 2021.
 "Rahul writes to FM seeking relief to farmers on repayment of crop loans")
Factoring Regulation Bill to open more credit facilities for MSMEs: FM
The amendments approved by Rajya Sabha Thursday will give an impetus to the economy by providing an efficient working capital cycle for MSMEs, Sitharaman said.
 "Factoring Regulation Bill to open more credit facilities for MSMEs: FM")
Finance Ministry invites entries for new DFI's name, tagline and logo
The finance ministry on Wednesday invited entries from citizens for name, tagline and logo for the new Development Financial Institution
 "Finance Ministry invites entries for new DFI's name, tagline and logo")
Issues with new income tax portal to be resolved soon, says FM
Sitharaman said Infosys had done trial runs before the June 7 launch but users faced technical issues in accessing the portal.
Number of wilful defaulters rises to 2,494: FM informs Parliament
Banks are required to take steps to initiate the legal process, wherever warranted, against the borrowers or guarantors for recovery dues, she said.
 "Number of wilful defaulters rises to 2,494: FM informs Parliament")
Rationalise Customs duty
Besides removing exemptions, overall simplification is necessary
 "Rationalise Customs duty")
Nirmala Sitharaman introduces IBC (Amendment) Bill 2021 in Lok Sabha
Sitharaman is in charge of both finance and corporate affairs ministries.
No plan to print currency notes to tide over economic crisis: Sitharaman
Many economists and experts have suggested the government to resort to printing more currency notes to support the economy
 "No plan to print currency notes to tide over economic crisis: Sitharaman")
Honest taxpayers deserve to be recognised for paying due share of taxes: FM
Finance Minister Nirmala Sitharaman on Saturday said honest taxpayers deserve to be recognised for dutifully paying their due share of taxes
