Nirmala Sitharaman: Page 2

News and Trends

Centre Open To Inclusion Of Petroleum Products Under GST Regime, Says Nirmala Sitharaman

The finance minister said the fiscal consolidation for which the government had given a road map, they are completely aligning themselves with it

News and Trends

Nirmala Sitharaman Reviews MCA Site Glitches And Directs To Form Special Team To Resolve

The latest version of MCA21 portal was launched on January 23

News and Trends

Finance Minister Urges IMF On Crypto Regulation

Kristalina Georgieva congratulated India on its strong economic performance in challenging global times and its role at the forefront of digitalisation of the economy, especially in the area of digital payments

News and Trends

Regulation Of Cryptocurrency Sector On Agenda For G20 Meeting, Says Nirmala Sitharaman

The Economic Survey released on January 31st, highlighted the need for a common approach for the regulation of cryptocurrency, adding the underlying risks and high volatility of the sector

News and Trends

Union Budget 2023: The Immediate Impact On Smartphones

Union finance minister Nirmala Sitharaman announced a reduction in custom duty charges for several products which will make smartphones cheaper. However, this might not have an immediate impact on prices or demand

News and Trends

Budget 2023: Focus On Employment Creation

As per Sitharaman's words, the vision for Amrit Kaal includes a technology-driven and knowledge-based economy with strong public finances and a robust financial sector

News and Trends

Nirmala Sitharaman Suggests Changes In Customs Act To Deal With Cryptocurrency: Report

Sitharaman said that there is a cocktail of developments which encompasses the dark web and artificial intelligence, web3 and Meta, and also urged the officials to sit up and take note of these

News and Trends

Finance Minister Concludes Pre-Budget Meetings For Union Budget 2023-24

The meetings were held in virtual mode between November 21 and November 28

News and Trends

Independence Of CAs Is Important For Integrity Of Financial Statements, Says Nirmala Sitharaman

As the adoption of new technology is necessary for a transparent accounting system, the minister said that the accounting fraternity must examine how new technologies such as blockchain, artificial intelligence, data analytics and cloud computing could be employed

News and Trends

NPS Money Belongs To Employees As Per Law, Not For State Governments, Says Nirmala Sitharaman

The finance minister said that it was the previous Congress government of Virabhadra Singh in Himachal that discontinued OPS in 2003 and started NPS

News and Trends

Nirmala Sitharaman Approves India's First Sovereign Green Bonds Framework

This approval will further strengthen India's commitment towards its nationally determined contribution (NDCs) targets, adopted under the Paris Agreement

News and Trends

India Needs To Focus More On Coal To Power Growth, Says Nirmala Sitharaman

The finance minister said that we need greater investments also to help in gasification of coal

News and Trends

Innovation Plays Key Role In Making India Developed By 2047, Says Nirmala Sitharaman

While pointing out the significance of digitalization that has been laid into medical services, education and software as a service (SaaS) sector, Sitharaman said there is immense potential to take it up further

News and Trends

India Has Fairly Large Forex Reserve To Tide Over Current Currency Market Situation, Says Ajay Seth

The economic affairs secretary said that the concerns over the reserves were overblown

News and Trends

Revenue Department Officials To Be Trained To Use Modern Technology Tools, Says Nirmala Sitharaman

The finance minister also added that, internationally, tax authorities are using IoT technology to automate the scanning of goods using e-seals, QR codes and X-ray scanners