Page 66 - Latest Updates on Nirmala Sitharaman
Top headlines: Two options for GST compensation; Covid to hit IT employees
From Centre giving options to states for GST compensation to GMR planning to list airport business, here are top business headlines this morning
 "Top headlines: Two options for GST compensation; Covid to hit IT employees")
Centre gives states two options to meet GST compensation cess shortfall
States given two options to borrow: Rs 97,000 crore or Rs 2.35 trillion, burden of repayment on extension of cess period
 "Centre gives states two options to meet GST compensation cess shortfall")
GST uncertainty continues
Confusion and delays could increase Centre-state friction
 "GST uncertainty continues")
LIVE: Students want NEET, JEE exams to be held, says Education Minister
'We have received mails from students and parents who are in favour of holding exams', said the minister. Stay tuned news LIVE updates
 "LIVE: Students want NEET, JEE exams to be held, says Education Minister")
States seek 7 days on options as Centre says GST collection impacted
The coronavirus pandemic was an "act of God" that may even lead to contraction in the economy, says Finance Minister.
 "States seek 7 days on options as Centre says GST collection impacted")
GST Council meet: States to push for borrowing by Centre on Thursday
Our worst fears are now coming true, Amit Mitra writes to Sitharaman
 "GST Council meet: States to push for borrowing by Centre on Thursday")
Bajaj Auto, TVS Motor, Hero MotoCorp: How to trade news-driven auto stocks
Two-wheeler stocks look good on the charts from a medium-term perspective. Here are the key levels you need to keep a tab on.
 "Bajaj Auto, TVS Motor, Hero MotoCorp: How to trade news-driven auto stocks")
Two-wheeler makers' shares surge after Sitharaman's comment on GST cut
Shares of two-wheeler majors Hero MotoCorp, Bajaj Auto and TVS Motor Company soared after Nirmala Sitharaman's comment that the GST Council will consider the proposal to cut GST on two-wheelers
 "Two-wheeler makers' shares surge after Sitharaman's comment on GST cut")
Lower GST will help entire auto supply chain: TVS Motor's Sudarshan Venu
Govt would look into the auto industry's demand for lowering the tax rate on two-wheelers, said Sitharaman
 "Lower GST will help entire auto supply chain: TVS Motor's Sudarshan Venu")
Two-wheelers merit GST rate revision, says FM Nirmala Sitharaman
Council to take up issue; SoPs for hotels, tourism, aviation may be tweaked
 "Two-wheelers merit GST rate revision, says FM Nirmala Sitharaman")
Banks sanction loans of Rs 1.56 trn to MSMEs under credit guarantee scheme
The loan amounts sanctioned by PSBs increased to Rs 76,765 crore, of which Rs 58,230 crore has been disbursed as of August 24, Sitharaman said
 "Banks sanction loans of Rs 1.56 trn to MSMEs under credit guarantee scheme")
Finance Ministry remembers Jaitley's legacy by recounting GST benefits
The Finance Ministry on Monday said GST has reduced the rate at which people have to pay tax, helped increase compliance and doubled taxpayer base to 12.4 million
 "Finance Ministry remembers Jaitley's legacy by recounting GST benefits")
GST has reduced the rate at which people have to pay tax: Finance Ministry
GST has helped increase compliance and doubled taxpayer base to 12.4 million, the ministry said in a series of tweets
 "GST has reduced the rate at which people have to pay tax: Finance Ministry")
CAG report on defence offset performance in next Par session: Sitharaman
Finance Minister Nirmala Sitharaman on Saturday said the CAG report on defence offset performance will be tabled in the forthcoming session of Parliament
PM chairs meet to review preparations for economic zones connectivity plan
Finance Minister Nirmala Sitharaman, Railway, and Commerce and Industry Minister Piyush Goyal and Civil Aviation Minister Hardeep Singh Puri were among those who attended the meeting
 "PM chairs meet to review preparations for economic zones connectivity plan")
FM seeks investment from UAE for Rs 111 trn National Infra Pipeline
During the meeting, both the leaders agreed to cooperate on areas like financial technology
 "FM seeks investment from UAE for Rs 111 trn National Infra Pipeline")
FM Sitharaman asks tax officers to make faceless appeal system a success
The faceless appeal system was also unveiled by prime minister Narendra Modi on Thursday
 "FM Sitharaman asks tax officers to make faceless appeal system a success")
FM Nirmala Sitharaman asks seven CPSEs to spend 50% capex in H1
This is because the government looks to maintain the pace of capital and infrastructure projects in a bid to soften the economic blow from the Covid-19 pandemic
FM thanks I-T officers for working towards starting faceless assessment
Finance Minister Nirmala Sitharaman on Friday met officers of the income tax department and thanked them for their efforts towards starting faceless assessment, sources said
Sitharaman pushes large CPSEs to meet half of FY21 capex target by Sept
She held a virtual meeting with secretaries of the ministries of shipping, road transport and highways, housing and urban affairs, defence and telecom, an official statement said
