Finance Minister

Coronavirus

INR 20 Lakh Crore Package: Emergency Credit For MSMEs, PF Rate Reduced and Liquidity Boost to NBFCs

FM Sitharaman on Wednesday announced first tranche of measures under special economic package of INR 20 lakh crore meant to fight the economic fallout of Covid-19

[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

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

Will Privatization of PSUs Turn Beneficial for the Modi Government

Indian government in a bid to execute a disinvestment plan is queuing up the sale of five public sector units including major business stakes

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.

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Finance Minister

2 Ways Government's New Tax System Will Benefit Taxpayers

FM Nirmala Sitharaman to inaugurate the new tax initiative to begin by IT department and government of India which would bring ease in business and taxation process for public
US-China

Why Cut in Corporate Tax Rate for New Manufacturing Units makes India Stand Out Among Asian Peers

FM Nirmala Sitharaman announced a cut in the corporate tax rate for manufacturing such units to 17 per cent which is likely to attract MNCs to establish units in India, especially when companies are looking beyond China given its trade war with the US
Finances

Loan Melas Are Here, But Why Now?

FM Nirmala Sitharaman on Thursday asked banks not to announce any stressed loan account for MSMEs as NPA till March 2020 and work on its debt modification
India Economy

6 Measures Taken by the Government to Revive the Economy

Finance Minister Nirmala Sitharaman announced huge capital inflows in the real estate and export sector in an attempt to mend an ailing economy
Infrastructure

How Govt. Will Uplift Infrastructure Sector And PSUs through Task Force

FM Finance ministry constitutes a task force to identify infrastructure projects worth 100 trillion
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

How Merging Indian PSBs By Government Is Apt For Economy Boost

Finance Minister Nirmala Sitharaman on Friday announced a mega consolidation plan for public sector banks, including Union Bank of India, Andhra Bank and Corporation Bank getting merged into a single entity
News and Trends

6 Decisions Which Proved Arun Jaitley as a Compelling Strategist for Indian Economy

Here is a look at the Former Finance Minister's major contribution to the country's economy
News and Trends

Finance Minister Cuts Off Tax for Corporate Sector, Rise up the Chances of More Employment

FM Nirmala Sitharaman mentioned that the waiving off tax from the corporate sector's companies with 400 crore turnover would be gradual.
Budget 2019

Budget 2019: What MSMEs Expect From Nirmala Sitharaman's Maiden Term as the Finance Minister

As Nirmala Sitharaman sets the stage for presenting her maiden budget in the Parliament on July 5, here's what the MSME sector demands