Nirmala Sitharaman: Page 4

News and Trends

Budget 2021: Cheer for Senior Citizens, PF Contributors to be Hit

The interest income on PF contributions above INR 2.5 lakh per annum will now be taxed at the normal rates

News and Trends

The Govt Wants You to Spend; Announces Festival Advance to Boost Consumer Spending

To encourage consumer spending, Sitharaman announced two schemes- a leave travel concession (LTC) cash voucher and special festive advance-mainly aimed at benefitting central government employees

News and Trends

FDI Limit for Defence Equipment Hiked from 49% to 74%; FM Stresses on 'Make in India' for Defence

In the fourth tranche of measures, Finance Minister Nirmala Sitharaman announced policy reforms that will help build Atmanirbhar Bharat (self-reliant India)

News and Trends

Coronavirus: FM Nirmala Sitharaman Unveils Package For the Poor

Named Pradhan Mantri Garib Kalyan Yojana, the stimulus package includes measures related to food security and direct cash transfer. It is expected to benefit urban and rural poor and migrant workers over the next three months.

Technology

[Budget 2020] Misses For the Healthcare Sector

At INR 69, 000 crore for FY21, the outlay for the health sector in Union Budget 2020 is a marginal improvement over INR 62,659 crore provided in the previous Budget

News and Trends

[Budget 2020] Government Focuses On Data and Technology To Build New Economy

Data centre parks , national mission on quantum technologies and applications and digitization via BharatNet on the offing

News and Trends

[Budget 2020] A Precious Little Something for Everyone

Rejigging of tax slabs appears a welcome move at first however, it is important to look closely into the implications of forgoing your deductions u/s 80C, 80D, 8024(b) etc

News and Trends

[Budget 2020] Seed Funds, ESOP Tax Deferral By 5 Years Announced For Start-ups

Finance minister Nirmala Sitharaman said start-ups "have emerged as engines of growth for our economy" and announced some key policies benefiting the community

News and Trends

What Can Businessmen Expect From Budget 2020

Sector Focused Policies Over the last one year, several sectors have witnessed a downward spiral and here's what the economy needs

News and Trends

The New Taxation Laws Bring Respite for the Manufacturing Sector

The recently passed Taxation Laws (Amendment) Bill, 2019 will help to promote foreign investment in India for firms looking to invest outside of the US and China following their trade war, said Finance Minister Nirmala Sitharaman

News and Trends

All You Need to Know About Telecom Sector Woes in India

The Supreme Court's decision on adjusted gross revenue will lead to INR 92,000 crore blow for telecom companies.

News and Trends

What Effect Would GST Cut Rate Have On Auto Sector?

FM mentioned that proposal has been submitted to GST council for bringing down the tax rate higher from 28 percent

News and Trends

The Rationale for Roll Back of Surcharge on FPIs

The government has already set up an aggressive disinvestment target for the FY 2019-20 and for that to materialize it needs buoyant equity markets

Growth Strategies

#RoadforStartups: CBDT Announces Assessment Plans to Balance the Tightening of Noose around Start-ups

CBDT All Set to Tighten the Noose around Start-ups Based on a Three-Category Assessment Plan

Growth Strategies

Reduced Repo Rate Would Open More Credit Opportunities for MSMEs

Happy news for medium & small businesses - Interest rates on loans are set to fall further