Page 94 - Latest Updates on Nirmala Sitharaman
Budget 2020 was disappointing for lacking vision, says Ashima Goyal
However, the finance minister has achieved a "balancing act" through her moves, Goyal said
 "Budget 2020 was disappointing for lacking vision, says Ashima Goyal")
No timeline to remove income tax exemptions, says Nirmala Sitharaman
"We have not made up our minds as yet (on the removal of all exemptions)... We are trying step by step, move forward and no particular timeline given," she said
 "No timeline to remove income tax exemptions, says Nirmala Sitharaman")
Budget disappointing; but fiscal, taxation measures welcome: EAC member
India's GDP growth is expected to slip to a decadal low of 5 per cent this fiscal, pressured by domestic factors like drop in consumption, as well as global issues
 "Budget disappointing; but fiscal, taxation measures welcome: EAC member")
FRBM Act not breached in budget, committed to reducing fiscal deficit: FM
The Centre had earlier said it was committed to reduce the fiscal deficit to 3 per cent of GDP by 2020-21 and eliminate the primary deficit as per the FRBM Act.
 "FRBM Act not breached in budget, committed to reducing fiscal deficit: FM")
Finance Commission recommends Rs 19,309 cr devolution to Himachal for FY20
The average annual grant under was increased by Modi to Rs 14,407 crore in 14th Finance Commission and now to Rs 19,309 crore in 15th Finance Commission for 2020-2021, he said
 "Finance Commission recommends Rs 19,309 cr devolution to Himachal for FY20")
Why there may be few takers for the Budget's tax amnesty scheme
Appellants may not lap up the scheme because, first, to do so would amount to admission of guilt, and second, they may have smelled victory before higher appellate forums
 "Why there may be few takers for the Budget's tax amnesty scheme")
No reason to go back on govt's mega-merger plan for state-owned banks: FM
On August 30 last year, Sitharaman had announced the biggest merger exercise of PSBs
 "No reason to go back on govt's mega-merger plan for state-owned banks: FM")
Govt monitoring farm credit given by banks in rural areas: FM Sitharaman
The farm credit target for the current fiscal has been set at Rs 13.5 trillion
 "Govt monitoring farm credit given by banks in rural areas: FM Sitharaman")
Nirmala Sitharaman to meet industry bodies to assess coronavirus impact
The virus outbreak in China has claimed nearly 1,500 lives and infected over 60,000
Open to tweaking Budget to address concerns of the industry, says FM
Finance ministry to come out with detailed rules on Vivad Se Vishwas Bill in a couple of days
Govt willing to do more beyond Budget to boost growth: FM Sitharaman
The country's GDP growth is estimated to slow to an 11-year low of 5 per cent in the current financial year
January retail inflation at 68-month high of 7.59%; Dec IIP shrinks 0.3%
The index of industrial production (IIP) fell from a growth rate of 1.8 per cent, as the manufacturing sector slipped into negative territory again
 "January retail inflation at 68-month high of 7.59%; Dec IIP shrinks 0.3%")
Top 10 biz headlines: New tax dispute resolution scheme; F15EX jets for IAF
From expanding the scope to cover litigation pending in arbitration forums to Boeing offering F-15EX fighters to India, here are the top business headlines of the day
GST compensation to states delayed due to low realisation of cess: FM
At the time of the introduction of GST, it was agreed that the Centre would compensate states for shortfall in GST collections as per a defined formula
Missing fiscal deficit target is in Budget DNA
The government of the day won't be able to resist the temptation to err on the side of expansion and leave it to its successors to pay for its excesses
 "Missing fiscal deficit target is in Budget DNA")
As the govt's debt rises, will it need another fiscal escape clause soon?
Understanding the circumstances under which the finance minister chose to use the escape clause under the FRBM Act will be a useful exercise
 "As the govt's debt rises, will it need another fiscal escape clause soon?")
Some thoughts on the Budget
The four key features of the Budget: Context, transparency, expansionary and protectionist
 "Some thoughts on the Budget")
FM-led group okays monetisation of BSNL, MTNL assets worth Rs 26,000 cr
In October, the Union government approved a Rs 69,000 crore revival package for BSNL and MTNL
 "FM-led group okays monetisation of BSNL, MTNL assets worth Rs 26,000 cr")
FM hits out at Chidambaram, says nothing to learn from those who gave NPAs
She said defence of India was paralysed and did not have equipment under the UPA
 "FM hits out at Chidambaram, says nothing to learn from those who gave NPAs")
Economy not in trouble; green shoots visible: Nirmala Sitharaman
She said increasing Foreign Direct Investment, rise in factory output and over Rs 1 trillion GST collection in the past three months are indications of green shoots in the economy
