Page 6 - Latest Updates on Nirmala Sitharaman
Parliament passes Budget: FM says will ensure predictable recovery
She said the war has affected the value chains, and the world markets are caught up in a situation where nothing is normal
 "Parliament passes Budget: FM says will ensure predictable recovery")
Record fuel price hike due to spike in oil prices during last two weeks: FM
Sitharaman said the government is taking various steps in response to the rise in global oil prices
 "Record fuel price hike due to spike in oil prices during last two weeks: FM")
India got 65% more FDI during Modi regime against 10 years of UPA rule: FM
India remains in top 5 FDI recipient countries; FDI inflows 65% higher at $500.5 bn during Modi govt, says FM in Rajya Sabha
 "India got 65% more FDI during Modi regime against 10 years of UPA rule: FM")
Sharp recovery in FY22 to help sustain growth: FM Nirmala Sitharaman
The reforms contributed to the real GDP growing at an annual average rate of 6.8 per cent during 2014-20, she said
 "Sharp recovery in FY22 to help sustain growth: FM Nirmala Sitharaman")
CBI has made 'substantial progress' in NSE co-location case probe: FM
CBI has made substantial progress in the investigation into the NSE co-location case where markets regulator Sebi has found violations of norms by exchange, Finance Minister Nirmala Sitharaman said
Land special purpose vehicle on fast track as board structure finalised
The board of NLMC would have 13 directors, of which seven would be government officials and six would be from the private sector
 "Land special purpose vehicle on fast track as board structure finalised")
GDP growth projections in Budget not credible, says P Chidambaram
He urged Finance Minister Nirmala Sitharaman that she must reassess these growth projections and tell the House about the more realistic nominal and real GDP growth numbers
 "GDP growth projections in Budget not credible, says P Chidambaram")
Micro, small and medium enterprises staring at enduring financial distress
The RBI's guidelines on TReDS categorically state that an invoice has to be accepted by buyers before they can be financed by banks
 "Micro, small and medium enterprises staring at enduring financial distress")
India's FY23 fiscal deficit likely to hit 6.7% on free grains move
Finance Minister Nirmala Sitharaman has pegged the Centre's capex for FY23 at Rs 7.5 trillion
 "India's FY23 fiscal deficit likely to hit 6.7% on free grains move")
Old pension scheme likely to be revived, MLA fund hiked: Jharkhand CM
The scheme for government employees was discontinued from April 1, 2004, and the new National Pension Scheme (NPS) was implemented
 "Old pension scheme likely to be revived, MLA fund hiked: Jharkhand CM")
Russia-Ukraine war behind fuel price rise, says FM Nirmala Sitharaman
Says India probably only country that didn't resort to new taxes to fund recovery
Corporate tax reduction helped economy: FM Nirmala Sitharaman
Besides, Sitharaman pointed out that the Central government did not increase taxes last year or this year
Govt did not raise taxes to fund economic recovery, focused on capex: FM
Sitharaman said the Modi Government's belief in lowering taxes and reduction in corporate tax have started yielding results with corporate tax collection touching Rs 7.3 lakh crore so far this fiscal
 "Govt did not raise taxes to fund economic recovery, focused on capex: FM")
Lok Sabha passes Finance Bill; completes budgetary exercise for FY23
The Finance Bill was approved by the Lower House after accepting 39 official amendments moved by Finance Minister Nirmala Sitharaman
 "Lok Sabha passes Finance Bill; completes budgetary exercise for FY23")
FinMin proposes changes to Finance Bill for crypto assets' taxation
FM Sitharaman is expected to move an amendment clarifying that no tax deduction or set off would be available in place of mining cost of crypto assets and other VDAs or losses from their transfer
 "FinMin proposes changes to Finance Bill for crypto assets' taxation")
FinMin proposes amendments, seeks to tighten norms for crypto taxation
The government on Thursday proposed to tighten the norms for taxation of cryptocurrencies by disallowing set off of any losses with gains from other virtual digital assets
 "FinMin proposes amendments, seeks to tighten norms for crypto taxation")
Why did Nehru internationalise Kashmir issue by taking it to UN: FM in RS
FM Nirmala Sitharaman on Wednesday accused the country's first PM Jawaharlal Nehru of internationalising the Kashmir issue by taking it to UN and said India's neighbour was still misusing it
EPFO interest rate reflects reality; is still better than other schemes: FM
The central board has proposed to slash the PF rate to 8.1 per cent for FY22 from 8.5 per cent in FY21 and FY20, the lowest in four decades
FM Sitharaman to present J&K budget for 2022-23 in Rajya Sabha
On March 14, the union territory's budget was presented and passed by the Lok Sabha
 "FM Sitharaman to present J&K budget for 2022-23 in Rajya Sabha")
How battery swapping is propelling India's shift to e-scooters
The pivot to battery swapping was a centerpiece of Finance Minister Nirmala Sitharaman's budget speech last month
 "How battery swapping is propelling India's shift to e-scooters")
