On 23rd May 2022, Union Minister Smt. Nirmala Sitharaman held a meeting with ICAI delegation in Gurugram GST refund case. CBIC has tweeted the updates of meeting as under: Smt @nsitharaman held a meeting with @theicai delegation, led by VP Shri Aniket Sunil Talati. The MoF had invited the ICAI on Saturday to discuss various …
Union Finance Minister Nirmala Sitharaman said that Basic Excise Duty (BED), Special Additional Excise Duty (SAED), Road and Infrastructure Cess (RIC) and Agriculture and Infrastructure Development Equipment (AIDC) together wit makes the total excise duty on petrol-diesel. Out of these, only BED is shared with the states, not the rest. The government has made this …
Breaking: States Do Not Suffer Due To Reduction in Excise Duty- Nirmala Sitharaman Read More »
Union Finance Minister Nirmala Sitharaman made a big statement in the annual program of Competition Commission of India (CCI). She said that the trend of gang working or factionalism in the market is a matter of concern and it will be very challenging to deal with it. During her address at the 13th Annual Function of …
Factionalism in Market is A Big Problem: Nirmala Sitharaman Read More »
Union Finance Minister Nirmala Sitharaman said in the Lok Sabha on Monday that India continues to be the highest Foreign Direct Investment (FDI) recipient and Indian retail investors have decided to handle the situation arising out of large amount of FPI withdrawals from the stock markets. capacity has been developed. Retail investors proved themselves Responding …
India is The Country With Highest FDI, Finance Minister Said This About Retail Investors Read More »
The offices of the Income Tax Department will also open on all Saturdays of this month (March 2022) across the country. A senior official said on Friday that Finance Minister Nirmala Sitharaman had directed this to be done to address the grievances and cases of taxpayers. The income tax offices will be open every Saturday …
Good Step By Income Tax Department To Help Taxpayers Read More »
Union Finance Minister Nirmala Sitharaman said in a post-budget discussion on Monday that the budget for the financial year 2022-23 presented by her on February 1 has been prepared keeping in mind the next 25 years. Which will go a long way in maintaining continuity and providing a tax-friendly regime. Along with this, during the …
Budget 2022 Presents A Roadmap For Next 25 Year: Nirmala Sitharaman Read More »
It is voluntary to separate the posts of Chairman and Managing Director (MD) in listed companies, that’s not necessary. Market regulator SEBI made this clear on Tuesday. Let us tell you, the rule of separation of the post of chairman and MD was to be implemented from April 1, 2022. Till now only 54% of …
If you invest in the world’s most popular cryptocurrency, Bitcoin, then you may get a big setback. In fact, Finance Minister Nirmala Sitharaman said in her reply in the Lok Sabha on 29 November 2021 that there is no proposal to recognize bitcoin as a currency in India. Also told the House that the Government …
Breaking: Cryptocurrency Will Not Be Recognized in The Country- Nirmala Sitharaman Read More »
Business Concept’s Daily E-News Letter- 25-09-2021 Please Click on Read More » to Read Full News Note: Only TC VIP Users can Access It For New User- More information, Please Visit Here [ihc-hide-content ihc_mb_type=”show” ihc_mb_who=”2″ ihc_mb_template=”1″ ] GST & Income Tax Net Direct Tax Collections Till September 22 Grews 74%, Says Finance Ministry Gross direct …
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Finance Minister Nirmala Sitharaman is chairing Annual Performance Review Meeting with the heads of 12 Public Sector Banks, in Mumbai today. The Finance Minister will unveil EASE 3.0 Report and EASE 4.0 Agenda. EASE (Enhanced Access and Service Excellence) is a common reform agenda for Public Sector Banks aimed at institutionalizing clean and smart banking …
In the Rajya Sabha, Dr. Amee Yajnik asked question to the Finance Minister Smt. Nirmala Sitharaman that: (a) whether Government has any proposal to ease out the corporate tax filing process in the near future; (b) if so, the details thereof and, if not, the reasons therefor; and (c) the details of its impact on …
The Government has launched a Bad Bank with all the regulatory approvals in place. This was stated by Minister of State for Finance Dr Bhagwat Kisanrao Karad in a written reply to a question in the Lok Sabha today. The Finance Minister Smt. Nirmala Sitharaman, in her speech on the Budget for the financial year …
Government launches “Bad Bank” for stressed assets as a measure to clean up bank books Read More »
Union Minister of Finance & Corporate Affairs Smt. Nirmala Sitharaman, along with her counterpart, the Hon’ble Finance Minister of Bhutan, Mr Lyonpo Namgay Tshering, jointly launched BHIM–UPI in Bhutan today afternoon in a virtual ceremony. The function was also attended by the Minister of State (Finance) Dr. Bhagwat Kishanrao Karad, the Governor of the Royal …
Union Finance Minister Smt. Nirmala Sitharaman, on 28th June 2021, announced an economic relief package in the wake of COVID-19 Pandemic. Following major sectors are included in the relief package: 1.) Health Sector 2.) Tourism Sector 3.) Finance Sector 4.) Employment Sector etc. To Download the PDF containing complete details of the relief package
A 1.1 Lakh Cr Loan Guarantee Scheme for COVID Affected Sectors Health Sector: Rs. 50,000 crore Aimed at scaling medical infrastructure targeting underserved areas. Guarantee cover for expansion and new projects related to health/medical infrastructure in cities other than 8 metropolitan cities. The Guarantee coverage is 50% for expansion & 75% for new projects and …
Reviving Tourism:- Under new Loan Guarantee Scheme for COVID Affected Sectors, working capital/personal loans will be provided to people in the tourism sector to discharge liabilities and restart businesses impacted due to Covid-19. The scheme will cover: 10,700 regional level tourist guides recognized by the Ministry of Tourism and tourist guides recognized by the State …
Announcements By Finance Minister: Economic Package for Travel Sector and Tourism Read More »
The Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman on Thursday participated in the Global Investors Roundtable organised by the US-India Strategic Partnership Forum (USISPF) through video conferencing which witnessed participation from some of the largest foreign investors, including Mastercard, MetLife, Prudential, Air Products, Dell, SoftBank and Warburg Pincus amongst others. The event …
Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman here today held a virtual meeting with senior government officials to discuss the infrastructure roadmap ahead. This was the 5th review meeting by the Finance Minister with Ministries/Departments on the infrastructure roadmap ahead. During the meeting, Capital Expenditure (CAPEX) Plans of Ministries and their CPSEs, …
Union Finance Minister chairs meeting to discuss infrastructure road map ahead Read More »
Union Minister for Finance & Corporate Affairs Smt. Nirmala Sitharaman on Friday held a virtual meeting with senior government officials to discuss the infrastructure roadmap ahead. This was the fourth review meeting by the Finance Minister with Ministries/Departments and second in the series of meetings scheduled on the infrastructure roadmap ahead after the presentation of …
Union Finance Minister chairs meeting to discuss infrastructure road map ahead Read More »