Page 38 - Latest Updates on Nirmala Sitharaman
In spite of the pandemic
The Budget for 2021 makes a fresh beginning in dealing with numbers and estimates
 "In spite of the pandemic")
Ready to discuss bringing petrol, diesel under GST at next Council meet: FM
State levies and central excise duty account for more than half of the retail selling prices of petrol and diesel
 "Ready to discuss bringing petrol, diesel under GST at next Council meet: FM")
Tax-free investment limit in PF at Rs 5 lakh if employers don't contribute
The government on Tuesday raised the deposit threshold limit to Rs 5 lakh per annum in provident fund for which interest would continue to be tax exempt.
 "Tax-free investment limit in PF at Rs 5 lakh if employers don't contribute")
DFI to get direct access to Reserve Bank of India's funding facilities
Govt may guarantee bonds, debentures and loans issued by the new institution
 "DFI to get direct access to Reserve Bank of India's funding facilities")
Govt introduces NaBFID Bill in Lok Sabha to support funding infra projects
Finance Minster Nirmala Sitharaman on Monday introduced the National Bank for Financing Infrastructure and Development (NaBFID) Bill 2021 in the Lok Sabha
 "Govt introduces NaBFID Bill in Lok Sabha to support funding infra projects")
FM asks advanced economies to scale up climate change financing commitments
Sitharaman on Friday urged advanced economies to scale up their climate change financing commitments and help emerging countries build climate resilient infrastructure
 "FM asks advanced economies to scale up climate change financing commitments")
Drug for spinal muscular atrophy already exempt from import duty: FM
Finance Minister Sitharaman said imported life-saving drugs including those for spinal muscular atrophy disease for personal use are exempted from basic customs duty but they attract 5 per cent GST
RBI Dy Guv Kanungo may get extension; interviews to find successor nixed
The move comes at a time when the central bank is working on digital currency
 "RBI Dy Guv Kanungo may get extension; interviews to find successor nixed")
FM promises safeguards; Rajya Sabha passes Bill to hike FDI in insurance
Bill provides that no insurer shall invest policyholders' funds outside India, says government
Rajya Sabha passes bill to raise FDI limit in insurance sector to 74%
Majority of directors, key personnel will be resident Indians; percentage of profits to be retained in India, says FM Sitharaman on FDI safeguards
 "Rajya Sabha passes bill to raise FDI limit in insurance sector to 74%")
Mallya, Nirav Modi & Mehul Choksi coming back to face law: FM Sitharaman
Sitharaman said that fugitive businessmen Vijay Mallya, Nirav Modi and Mehul Choksi are "coming back to India" to face the law
 "Mallya, Nirav Modi & Mehul Choksi coming back to face law: FM Sitharaman")
Nirmala Sitharaman to move Insurance Amendment Bill 2021 in RS today
Union Finance Minister Nirmala Sitharaman will move the Insurance (Amendment) Bill 2021 in Rajya Sabha for passing on Thursday
Cabinet clears Bill on setting up DFI with capital infusion of Rs 20,000 cr
Initially the new institution would be government-owned, with its stake being cut gradually to 26%, says Finance Minister Nirmala Sitharaman
FM hits back at Rahul's comments, says UPA 'privatised taxpayers money'
Govt will protect the interests of employees in plans to sell state-owned companies, says Finance Minister
 "FM hits back at Rahul's comments, says UPA 'privatised taxpayers money'")
Uncertainty around India's crypto policy is making blockchain firms anxious
Bureaucrats say they want blockchain, but not cryptocurrencies. It's as silly as wanting airports with duty-free shops but no flights
 "Uncertainty around India's crypto policy is making blockchain firms anxious")
Yellen and FM Sitharaman discuss global economic outlook
US Treasury Secretary Janet Yellen has spoken to Finance Minister Nirmala Sitharaman for the first time
 "Yellen and FM Sitharaman discuss global economic outlook")
Bengal polls LIVE: TMC govt did nothing for farmers, Adivasis, says Nadda
'TMC supremo has started reciting Sanskrit slokas to assert her Hindu identity, alleged the BJP President. Stay tuned for the Latest LIVE news
 "Bengal polls LIVE: TMC govt did nothing for farmers, Adivasis, says Nadda")
Not all banks will be privatised, interest of workers to be protected: FM
'Even for those banks which are likely to be privatised, the privatised institutions too will continue to function after privatisation, the interests of the staff will be protected,' said Sitharaman
Cabinet approves Bill to set up Development Finance Institution
The government has proposed Rs 20,000 crore to capitalise the institution.
RBI strengthening institutional mechanism to prevent bank frauds: FM
Sitharaman on Tuesday informed Parliament that the Reserve Bank of India is taking measures to strengthen its regulatory and supervisory capacity
