Nirmala Sitharaman Press Conference Highlights: Booster Shot for MSMEs, Income Tax Payers Get New Return Deadline and TDS, TCS Rate Cuts
4 years, 7 months ago

Nirmala Sitharaman Press Conference Highlights: Booster Shot for MSMEs, Income Tax Payers Get New Return Deadline and TDS, TCS Rate Cuts

News 18  

Nirmala Sitharaman Press Conference LIVE Updates: Finance Minister Nirmala Sitharaman on Wednesday announced 15 measures to revive and support business under the Rs 20 lakh crore stimulus package announced by Prime Minister Narendra Modi on Tuesday. which is equal of 10 per cent of India’s Gross Domestic Product, includes Reserve Bank of India’s liquidation worth close to Rs 8.04 lakh crore along with Rs 1.7 lakh crore relief package under Gareeb Kalyan Yojana spelled out by Sitharaman last month. In a televised address to the nation on Tuesday evening, PM Modi had announced Rs 20 lakh crore – equivalent to 10 per cent of India’s GDP – in fiscal and monetary measures to support an economy badly hit by the 50-day lockdown to fight the spread of Covid-19. In a series of tweets after Modi’s address, the finance minister on Tuesday said “this shall not be just a financial package, but a reform stimulus, a mindset overhaul, and a thrust in governance.” “Indian economy has acquired strength in its various dimensions.

India Economy Crore Minister Lakh Msme Nirmala Sitharaman Package Sitharaman Press Tds Tcs Nirmala Sitharaman Press  payers  crore  tax  rs  rate  modi  msmes  measures  tds  tcs  nirmala  sitharaman  press  shot  minister  economy  package  return  lakh

History of this topic

Budget 2025: Will Nirmala Sitharaman address TDS-TCS challenges?
1 week ago

Budget 2025: Will Nirmala Sitharaman address TDS-TCS challenges?

India Today  

As the Union Budget 2025-26 draws near, discussions intensify on simplifying India’s tax system. Industry bodies, including the Federation of Indian Chambers of Commerce and Industry, have shared their recommendations with Finance Minister Nirmala Sitharaman, advocating tax reforms to boost the ease of doing business and reduce complexity. SIMPLIFYING TDS-TCS RATES FICCI has proposed reducing the numerous TDS/TCS rates to …

Budget 2025: Should Nirmala Sitharaman focus on boosting consumption?
1 week, 2 days ago

Budget 2025: Should Nirmala Sitharaman focus on boosting consumption?

India Today  

Union Finance Minister Nirmala Sitharaman faces a challenging economic backdrop as she prepares to present Budget 2025-26 on February 1. The Reserve Bank of India also lowered its real GDP growth forecast for 2024-25 to 6.6%, citing global uncertainties, volatile commodity prices, and fragmented economic conditions. MIDDLE-CLASS RELIEF & CONSUMPTION REVIVAL Anand Ramanathan, Partner and Leader for the Consumer Products …

Nirmala Sitharaman, TMC MP spar over central funds
3 weeks, 2 days ago

Nirmala Sitharaman, TMC MP spar over central funds

Hindustan Times  

The Lok Sabha witnessed a brief confrontation between Union finance minister Nirmala Sitharaman and Trinamool Congress MP Sudip Bandyopadhyay during he discussion on the first batch of supplementary demands for grants over the alleged withholding of funds under the Mahatma Gandhi National Rural Employment Guarantee Act and the Pradhan Mantri Awas Yojana. “We are allowing you to fix it and …

India confident of achieving fiscal deficit target, on course with glide path: FM Sitharaman
5 months, 1 week ago

India confident of achieving fiscal deficit target, on course with glide path: FM Sitharaman

Live Mint  

The government is confident of achieving its fiscal deficit target and sticking to the glide path to trim it to 4.5% of the GDP by FY26, Union finance minister Nirmala Sitharaman told Parliament on Tuesday, addressing concerns raised by the Opposition on the budget. Sitharaman also outlined the government’s budgetary allocations for social sector welfare schemes, public capex, expenditure on …

The budget echoes the Developed India vision
5 months, 2 weeks ago

The budget echoes the Developed India vision

Hindustan Times  

Finance minister Nirmala Sitharaman has meticulously assessed India’s economic vitality. New Delhi, India - July 23, 2024: Union Finance Minister Nirmala Sitharaman during Post Budget Press Conference at National Media Centre, in New Delhi, India, on Tuesday, July 23, 2024. Budget 2024 unveiled a comprehensive strategy built on nine foundational pillars — agriculture, employment, inclusive development, manufacturing and services, urban …

First NDA 3.0 Budget Gets On The 'Job' with Employment Push, Gives Key Allies Their 'Money's Worth'
5 months, 2 weeks ago

First NDA 3.0 Budget Gets On The 'Job' with Employment Push, Gives Key Allies Their 'Money's Worth'

News 18  

The first budget of the Narendra Modi-led NDA government 3.0 presented on Tuesday raised spending to generate more jobs and spur economic growth while looking to soothe key coalition partners following a wake-up call from voters in the April-June Lok Sabha elections. Annual income up to Rs 3 lakh will now attract zero tax, while income in the Rs 3 …

NSE MD gives 10/10 score to Nirmala Sitharaman's Budget: ‘Huge fillip to job creation in India’
5 months, 2 weeks ago

NSE MD gives 10/10 score to Nirmala Sitharaman's Budget: ‘Huge fillip to job creation in India’

Hindustan Times  

Ashishkumar Chauhan, MD and CEO at National Stock Exchange, said that the Union Budget 2024 presented by Finance minister under the Modi 3.0 government “has given a huge fillip to job creation in India by ensuring that the private sector also participates in job creation in addition to the government sector while ensuring that India becomes the number 1 start …

Budget 2024 is growth-oriented, welfare-centric, people-friendly: Annamalai
5 months, 2 weeks ago

Budget 2024 is growth-oriented, welfare-centric, people-friendly: Annamalai

The Hindu  

The Union Budget 2024 is growth-oriented, welfare-centric and people-friendly. It strengthens the road map towards a Viksit Bharat by 2047, said BJP Tamil Nadu president K. Annamalai on Tuesday, July 23, 2024. In a social media post on X, Mr. Annamalai said Budgetary announcements, including the Transit Oriented Development Plans in 14 large cities with a population above 30 lakh, …

Budget 2024: FM Nirmala Sitharaman lays out nine priorities of the Modi govt
5 months, 2 weeks ago

Budget 2024: FM Nirmala Sitharaman lays out nine priorities of the Modi govt

Op India  

Finance Minister Nirmala Sitharaman, in her seventh consecutive Union Budget for 2024-25, outlined key priorities aimed at fostering economic growth and creating ample opportunities. She listed productivity and resilience in agriculture, employment and skilling, inclusive human resource development and social justice, manufacturing and services, urban development, energy security, infrastructure, innovation, research and development and next-generation reforms as nine priority areas …

Budget 2024 Highlights on income tax: FM Sitharaman revises personal income tax slabs; taxation rates remain unchanged
5 months, 2 weeks ago

Budget 2024 Highlights on income tax: FM Sitharaman revises personal income tax slabs; taxation rates remain unchanged

The Hindu  

Finance Minister Nirmala Sitharaman in her seventh Budget speech on July 23 revised the tax slabs under the new regime. Whilst the rate of taxation remains unchanged, the size of each of the slabs, excluding the initial zero to ₹3 lakh, remains unchanged. Budget 2024-25: Taxes Earlier, the Finance Minister further placed increasing the standard deduction for salaried employees from …

Nitish Kumar reacts to Union Budget 2024 amid 'special status' demands for Bihar | Watch
5 months, 2 weeks ago

Nitish Kumar reacts to Union Budget 2024 amid 'special status' demands for Bihar | Watch

India TV News  

Union Finance Minister Nirmala Sitharaman on Tuesday presented the Union Budget for FY 24-25 with some major announcements for states like Andhra Pradesh and Bihar. Notably, Nirmala Sitharaman announced Rs 26,000 crore in monetary aid for the development of road infrastructure in Bihar. During her budget speech, Sitharaman said, "On the Amritsar-Kolkata industrial corridor, we will support the development of …

Budget 2024 HIGHLIGHTS: Andhra Pradesh, Bihar major gainers; special focus on jobs, new tax regime
5 months, 2 weeks ago

Budget 2024 HIGHLIGHTS: Andhra Pradesh, Bihar major gainers; special focus on jobs, new tax regime

India TV News  

Uttar Pradesh CM Yogi Adityanath's reaction on Union Budget: "Under the guidance of PM Modi, in the new parliament of the country, the Finance Minister has laid down the general budget of the country which is - inclusive, development-oriented and one which will fulfil the aspirations of 140 cr people. The new tax slabs announced in the budget are welcoming." …

When is Modi govt going to pay Karnataka's MGNREGS workers their wages, asks Congress
8 months, 1 week ago

When is Modi govt going to pay Karnataka's MGNREGS workers their wages, asks Congress

New Indian Express  

Elaborating on what he said were "jumla details", Ramesh said the Bagalkote-Kudachi line of the South-Western Railway has now been delayed by more than eight years. Despite the Karnataka government providing the land for the project free of cost, and contributing 50 per cent of the construction cost, the Modi government has "failed" to deliver on this project, he said. …

Nirmala terms Karnataka govt.’s attack on Centre about funds as ‘false and misleading’
9 months, 2 weeks ago

Nirmala terms Karnataka govt.’s attack on Centre about funds as ‘false and misleading’

The Hindu  

Terming the Karnataka government’s attack on the Centre on funding as “completely false and misleading”, Union Finance Minister Nirmala Sitharaman on Sunday said the devolution to the State and the Centre’s grants in aid had increased while GST compensation had been completely paid. So do they acknowledge that what was received was not part of Finance Commission’s recommendation?” On the …

IndiaAI Mission, DA hike, Ujjwala subsidy: Here are 5 major decisions taken by Cabinet today
10 months ago

IndiaAI Mission, DA hike, Ujjwala subsidy: Here are 5 major decisions taken by Cabinet today

Hindustan Times  

Union minister Piyush Goyal on Thursday announced five major decisions taken by the Narendra Modi government in its cabinet meeting. Here's a look at the major decisions announced by the union minister today: Union minister Piyush Goyal briefs the media on Cabinet decisions. 4% increase in dearness allowance The Union Cabinet approved a hike in Dearness Allowance to government employees …

Interim Budget: FM announces ₹1 trillion corpus for research in technology
11 months, 1 week ago

Interim Budget: FM announces ₹1 trillion corpus for research in technology

Hindustan Times  

Union finance minister Nirmala Sitharaman, presenting the Interim Budget 2024 in Parliament on Thursday, announced a ₹1 lakh crore corpus to help finance research in technology. Union finance minister Nirmala Sitharaman presents the Interim Budget 2024 in the Lok Sabha on Thursday. Calling innovation the “foundation of development”, Sitharaman said, “A corpus of ₹1 lakh crore will be established with …

India’s fiscal deficit may breach 5.9% of GDP target: India Ratings and Research
1 year ago

India’s fiscal deficit may breach 5.9% of GDP target: India Ratings and Research

The Hindu  

India’s fiscal deficit may breach the 5.9% of GDP target for this year and could hit 6%, even though tax collections have been buoyant and may offset a wide shortfall in disinvestment outcomes, due to the likelihood of revenue spending exceeding the Budget Estimate by about ₹2 lakh crore, India Ratings and Research said on December 26. The Centre has …

PM launches Rs 24,000-crore project for vulnerable tribal groups, releases Rs 18,000 crore for PM Kisan scheme
1 year, 1 month ago

PM launches Rs 24,000-crore project for vulnerable tribal groups, releases Rs 18,000 crore for PM Kisan scheme

Firstpost  

In order to support the comprehensive development of around 28 lakh PVTGs nationwide, PM Modi on Wednesday launched worth Rs 24,000-crore Pradhan Mantri Particularly Vulnerable Tribal Groups Mission on Wednesday. He also released Rs 18,000 crore as the 15th installment of PM Kisan scheme In order to support the comprehensive development of around 28 lakh PVTGs nationwide, Prime Minister Narendra …

Gross market borrowing hits Rs 5.77 lakh cr until July this fiscal: Nirmala Sitharaman
1 year, 5 months ago

Gross market borrowing hits Rs 5.77 lakh cr until July this fiscal: Nirmala Sitharaman

India TV News  

The central government has raised over 37% of its FY24 target of gross market acquisition through dated securities in the initial four months, finance minister Nirmala Sitharaman informed Parliament on Tuesday. The central government has wanted to raise net debt assets of Rs 17.99 lakh crore from different sources in 2023-24, basically, to fund its financial deficit, Sitharaman said in …

Fund allocation for rural jobs as per demand: Nirmala Sitharaman
1 year, 10 months ago

Fund allocation for rural jobs as per demand: Nirmala Sitharaman

Live Mint  

New Delhi: There is no reduction in fund allocation for Mahatma Gandhi National Rural Employment Guarantee scheme in the Union Budget 2023, and the provision may increase with growing demand, Finance Minister Nirmala Sitharaman said on Friday. As and when demand increases, provision for more fund is being made," said the finance minister at a post budget interaction with stakeholders …

'...still India is fastest-growing major economy'- FM Nirmala Sitharaman's reply to Budget 2023 debate in LS
1 year, 11 months ago

'...still India is fastest-growing major economy'- FM Nirmala Sitharaman's reply to Budget 2023 debate in LS

India TV News  

Parliament Budget Session: Finance Minister Nirmala Sitharaman on Friday hailed the government's economic policies during the reply to the Budget 2023 debate in Lok Sabha. "If I can put in a few words the essence of budget 2023-24- it balances the requirement for India's development imperatives within the limits of fiscal prudence," said Sitharaman. Sitharaman said the new tax regime …

New income tax regime overhaul, Rs 2.4 L cr for railways among 5 big announcements by FM Niramala Sitharaman
1 year, 11 months ago

New income tax regime overhaul, Rs 2.4 L cr for railways among 5 big announcements by FM Niramala Sitharaman

India Today  

Union Finance Minister Nirmala Sitharaman presented Union Budget 2023 in Parliament on Wednesday and her proposals come at a time when India’s economy is facing challenges from a plethora of global factors, including inflation and a possible GDP growth slowdown in FY24 as predicted by the International Monetary Fund in its January update of the World Economic Outlook. The Top …

Budget 2023 Key Highlights: Are You Under New Tax Regime? Nirmala Sitharaman Has Good News for You
1 year, 11 months ago

Budget 2023 Key Highlights: Are You Under New Tax Regime? Nirmala Sitharaman Has Good News for You

News 18  

Budget 2023 Highlights: Delivering on the expectations of the aam aadmi, Finance Minister Nirmala Sitharaman today announced Income Tax relief for the salaried class with an eye on the mega 2024 elections as well as several state battles as she delivered the Union Budget 2023 speech. She also announced changes in the tax slabs under the new tax regime, which …

Budget 2023 live | Income tax relief, sops for women, scheme for artisans, and more
1 year, 11 months ago

Budget 2023 live | Income tax relief, sops for women, scheme for artisans, and more

The Hindu  

Finance Minister Nirmala Sitharaman on February 1 raised the personal income tax rebate limit, doled out sops on small savings and announced one of the biggest hikes in capital spending in the past decade as she did a tight rope walk in the Budget between staying fiscally prudent and meeting public expectations in the year before general elections. Ms. Sitharaman’s …

#Incometax trends on Twitter after Nirmala Sitharaman's Budget 2023 speech. Best memes
1 year, 11 months ago

#Incometax trends on Twitter after Nirmala Sitharaman's Budget 2023 speech. Best memes

India Today  

Finance Minister Nirmala Sitharaman presented the Union Budget 2023 in Parliament today. This year’s budget comes at a time when India’s economy faces challenges from a host of global factors; a steep rise in inflation and a possible GDP growth slowdown in the financial year 2024. However, the finance minister announced some relief for taxpayers as she proposed a new …

Budget 2023: Govt increases income tax rebate to Rs 7 lakh per annum | 5 major announcements
1 year, 11 months ago

Budget 2023: Govt increases income tax rebate to Rs 7 lakh per annum | 5 major announcements

India TV News  

Budget 2023: In a big relief for the common man, the Modi government on Wednesday increased the personal income tax rebate to Rs 7 lakh per annum. The income tax rebate is one of the 5 major announcements made by Finance Minister Nirmala Sitharaman in the first budget of 'Amrit Kaal'. Sitharaman tweaked the slabs to provide some relief to …

Finance Minister Nirmala Sitharaman to present Union Budget 2023 today; 'it will be a ray of hope' says PM
1 year, 11 months ago

Finance Minister Nirmala Sitharaman to present Union Budget 2023 today; 'it will be a ray of hope' says PM

India TV News  

Union Budget 2023: Finance Minister Nirmala Sitharaman is geared up for presenting her fifth budget in the Parliament on Wednesday. What India Inc expect from the Union Budget The Economic Survey 2022-23 tabled in Parliament on Tuesday presents a realistic assessment of India's economy, industry bodies said, while expressing hope for out-of-box measures to boost growth and consumption in the …

Cabinet approves Rs12,882 crore for continuation of development schemes in Northeast
2 years ago

Cabinet approves Rs12,882 crore for continuation of development schemes in Northeast

Live Mint  

The Union Cabinet has approved continuation of schemes of Ministry of Development of North Eastern Region with an outlay of ₹12,882 crore, for the balance period of the 15th Finance Commission. Based on the Expenditure Finance Committee recommendations, the outlay for the North East Special Infrastructure Scheme will be ₹8,139.5 crore including committed liabilities of ongoing projects. The MDoNER Schemes …

Govt believes in lowering taxes, says FM Sitharaman amid fuel price hike
2 years, 9 months ago

Govt believes in lowering taxes, says FM Sitharaman amid fuel price hike

Live Mint  

Finance Minister Nirmala Sitharaman on Friday rejected opposition allegations against the government over the rise in fuel prices and said that the ruling alliance believes "in lowering the taxes and bringing less burden on common people," as per news agency ANI report. Additionally, the Finance Minister referred to the Russia-Ukraine conflict and said when former Prime Minister Jawaharlal Nehru's claim …

Harish Rao urges FM Nirmala Sitharaman to release funds for TS
2 years, 10 months ago

Harish Rao urges FM Nirmala Sitharaman to release funds for TS

Deccan Chronicle  

Hyderabad: Ahead of presenting the state Budget for 2022-23, finance minister T. Harish Rao has written to Union finance minister Nirmala Sitharaman, urging the Centre to ensure an early release of grants due to the state from 2018-19. Rao stated that grants under Section 94 of the AP Reorganisation Act towards development of backward areas for 2019-20 and 2021-22 amounting …

Budget 2022: Worst-hit MSME sector stands to benefit from Nirmala Sitharaman’s announcements
2 years, 11 months ago

Budget 2022: Worst-hit MSME sector stands to benefit from Nirmala Sitharaman’s announcements

Firstpost  

Union Budget 2022-23: Credit guarantee trust for MSMEs are set to see a revamp and will ensure the allocation of Rs 2 lakh crore more to the growth of the sector The finance minister delivered a Union Budget that the MSME sector welcomed wholeheartedly, as India is coming out gradually from the reeling impact of COVID-19 pandemic. This would also …

PM Modi to release 10th installment of PM-KISAN today: All you need to know
3 years ago

PM Modi to release 10th installment of PM-KISAN today: All you need to know

Hindustan Times  

Prime Minister Narendra Modi will on Saturday release the 10th installment of financial benefit under Pradhan Mantri Kisan Samman Nidhi scheme. According to an official statement from the Prime Minister's Office, an amount of over ₹20,000 crore will be transferred to more than 10 crore beneficiary farmer families. Meanwhile, during the event, the Prime Minister will also release an equity …

Will fresh Covid stimulus package boost Indian economy? Here's what economists say
3 years, 6 months ago

Will fresh Covid stimulus package boost Indian economy? Here's what economists say

India Today  

Finance Minister Nirmala Sitharaman on Monday announced several financial measures to boost the economy that has been battered by the Covid-19 pandemic. Read | Finance Minister Sitharaman's Rs 6.28 lakh crore Covid stimulus package | 8 announcements WHAT EXPERTS FEEL ABOUT STIMULUS PACKAGE Industry leaders and economists are not fully convinced that the fresh economic relief measures announced by the …

Nirmala Sitharaman announces new COVID-19 stimulus measures: From Rs 23,220 cr for public health to free 5 lakh tourist visas, key highlights
3 years, 6 months ago

Nirmala Sitharaman announces new COVID-19 stimulus measures: From Rs 23,220 cr for public health to free 5 lakh tourist visas, key highlights

Firstpost  

Nirmala Sitharaman press latest news: conference Key highlights: Today finance minister has announced, From Rs 23,220 cr for public health to free 5 lakh tourist visas, FM announces 8 major relief measures to boost COVID-affected sectors Addressing a press conference on Monday, Union finance minister Nirmala Sitharaman announced a slew of relief measures including an Rs 1.1 lakh crore loan …

Govt raises PF threshold limit to Rs 5 lakh for earning tax-free interest
3 years, 9 months ago

Govt raises PF threshold limit to Rs 5 lakh for earning tax-free interest

India TV News  

The government on Tuesday raised the deposit threshold limit to Rs 5 lakh per annum in provident fund for which interest would continue to be tax exempt. In her Budget presented to Parliament on February 1, Finance Minister Nirmala Sitharaman had provided that interest on employee contributions to provident fund over Rs 2.5 lakh per annum would be taxed from …

Govt Raises Provident Fund Threshold Limit to Rs 5 Lakh for Earning Tax-free Interest
3 years, 9 months ago

Govt Raises Provident Fund Threshold Limit to Rs 5 Lakh for Earning Tax-free Interest

News 18  

The government on Tuesday raised the deposit threshold limit to Rs 5 lakh per annum in provident fund for which interest would continue to be tax exempt. In her Budget presented to Parliament on February 1, Finance Minister Nirmala Sitharaman had provided that interest on employee contributions to provident fund over Rs 2.5 lakh per annum would be taxed from …

Nirmala Sitharaman’s Budget 2021 Focuses on What the Economy Needs—Investment in Infrastructure
3 years, 11 months ago

Nirmala Sitharaman’s Budget 2021 Focuses on What the Economy Needs—Investment in Infrastructure

News 18  

The Budget 2021 presented by Union Minister of Finance Nirmala Sitharaman is expected to reinvigorate the economy post-pandemic. Further, the government has announced the capex budget will be up over 34 per cent to Rs 5.54 lakh crore and, in addition to this, there is a substantial allocation for roads and railways. The other key takeaway from Finance Minister Nirmala …

Nirmala Sitharaman Interview with Network18 Updates: Consumer 'not burdened' by agri-infra cess, says FM
3 years, 11 months ago

Nirmala Sitharaman Interview with Network18 Updates: Consumer 'not burdened' by agri-infra cess, says FM

Firstpost  

Load More Nirmala Sitharaman Interview with Network18 LATEST Updates: Nirmala Sitharaman addressed concerns about the cess being imposed on agricultural infrastructure. In her first interview to a news channel after unveiling the Union Budget 2021 on Monday, Union minister Nirmala Sitharaman said that the Centre wanted to avoid spending on infrastructure by raising taxes. The Union Budget 2021, which was …

A look at the winners and losers of Nirmala Sitharaman's Budget 2021
3 years, 11 months ago

A look at the winners and losers of Nirmala Sitharaman's Budget 2021

India Today  

Amid the sweeping economic distress triggered by the Covid-19 pandemic, Finance Minister Nirmala Sitharaman on Monday presented the Union Budget 2021, giving major emphasis to healthcare and infra sectors while leaving direct taxes unchanged. Here is a look at the gainers and losers from Budget 2021: WINNERS Healthcare Finance Minister Nirmala Sitharaman put health and well being as one of …

Union Budget 2021: Key announcements for MSME sector
3 years, 11 months ago

Union Budget 2021: Key announcements for MSME sector

Hindustan Times  

Union finance minister Nirmala Sitharaman on Monday made a provision of ₹15,700 crore for the Micro, Small and Medium Enterprises sector in the Union Budget 2021-22. The finance minister has earmarked ₹15,700 crore for the MSME sector, which is double the capital expenditure prosed in the budget of 2020-2021. The customs duty on semis, flat, and long products of non-alloy, …

MSME Sector Budget 2021 Expectations: Infrastructure Push To Corporate Tax Reductions, Here Are Key Demands Of MSME Sector
3 years, 11 months ago

MSME Sector Budget 2021 Expectations: Infrastructure Push To Corporate Tax Reductions, Here Are Key Demands Of MSME Sector

ABP News  

Finance Minister Nirmala Sitharaman will table the Union Budget 2021 on 1st February 2021. As India eagerly waits for the budget after facing the pandemic, the MSME sector which suffered loss during Covid 19 has some expectations from the upcoming budget. Lower Corporate tax The upcoming Budget is also expected to boost domestic manufacturing across sectors, in line with the …

Budget 2021: MSME sector wants better access to credit, lenient taxation policies
3 years, 11 months ago

Budget 2021: MSME sector wants better access to credit, lenient taxation policies

India TV News  

The Union Budget 2021-22 is just a few days away from now and expectations are riding high from all sectors. They said that the Union Budget should provide some long-term benefits to the sector with better access to credit and lenient taxation policies. "To cope up with this, budget 2021 should focus on enabling the development of MSMEs by providing …

Union Budget 2021: Finance Ministry May Give Relief Up to Rs 80,000 in Total Tax Liability to Encourage Spending
3 years, 11 months ago

Union Budget 2021: Finance Ministry May Give Relief Up to Rs 80,000 in Total Tax Liability to Encourage Spending

News 18  

In order to put more money in the hands of the tax payer, the Finance Ministry is likely to provide tax relief of up to Rs 80,000 per annum in total tax liability. Sources informed CNBC-TV18 that on the basis of discussion during budget exercise there is strong possibility income tax payers may get relief between Rs 50,000 to Rs …

Union Budget 2021: Nirmala Sitharaman should give special focus on financial sector to kickstart economy
3 years, 11 months ago

Union Budget 2021: Nirmala Sitharaman should give special focus on financial sector to kickstart economy

Firstpost  

The pandemic has thrown many traditional fiscal management measures to the wind and challenged the regulators to the hilt. As India looks to recover from the devastating COVID-19 blow, the financial sector, the backbone of the economy that holds it all together, should get special attention. Here are some of the key suggestions which Finance Minister Nirmala Sitharaman could consider …

Good News! Modi govt may increase Rs 6,000 cash support under PM-KISAN for farmers
3 years, 11 months ago

Good News! Modi govt may increase Rs 6,000 cash support under PM-KISAN for farmers

India TV News  

The Budget session of Parliament will begin on January 29 with the address of President Ram Nath Kovind to the joint sitting of both the Houses. Finance Minister Nirmala Sitharaman has promised a never before like Union Budget as the Modi government looks to give a further boost to Indian economy According to reports, the government is likely to announce …

Nirmala Sitharaman press meet updates | Finance Minister announces 12 schemes to boost economy
4 years, 1 month ago

Nirmala Sitharaman press meet updates | Finance Minister announces 12 schemes to boost economy

The Hindu  

A day after announcing a scheme to boost manufacturing sector, Finance Minister Nirmala Sitharaman is meeting the press to announce more stimulus. The government on Wednesday approved a Production-Linked Incentive scheme for ten key sectors, including telecom, automobiles and pharmaceuticals, taking the total outlay for such incentives to nearly Rs 2 lakh crore over a five-year period. 3000 crore for …

Nirmala Sitharaman LIVE: Tax relief for buyers of homes priced up to Rs 2cr
4 years, 1 month ago

Nirmala Sitharaman LIVE: Tax relief for buyers of homes priced up to Rs 2cr

Business Standard  

Finance Minister Nirmala Sitharaman on Thursday said that a few indicators were showing a distinct recovery in the economy. To boost employment, the government launched the Atmanirbhar Bharat Rozgar Yojana to incentivise the creation of new employment opportunities. In addition, the government announced relaxations in income-tax rules to push sale of primary residential units of up to Rs 2 crore …

Sitharaman unveils Atmanirbhar 3.0; tax relief for real estate, jobs creation scheme
4 years, 1 month ago

Sitharaman unveils Atmanirbhar 3.0; tax relief for real estate, jobs creation scheme

India TV News  

Union Finance Minister Nirmala Sitharaman on Thursday rolled out Atmanirbhar Bharat 3.0 stimulus package to boost economy. will make ₹ 6,000 crore equity investment in debt platform of National Investment and Infrastructure Fund, which will help NIIF raise ₹ 1.1 lakh crore by 2025 for financing infrastructure projects 2:08 pm: Differential between circle rate and agreement value in real estate …

Subsidy for Job Creation, Income Tax Relief for Homebuyers in Centre's 'Aatmanirbhar' Package 3.0
4 years, 1 month ago

Subsidy for Job Creation, Income Tax Relief for Homebuyers in Centre's 'Aatmanirbhar' Package 3.0

News 18  

Finance Minister Nirmala Sitharaman on Thursday said the Indian economy is witnessing a strong recovery after a long and strict lockdown. Giving out details of recovery, she said composite purchasing managers index rose to 58.9 per cent in October versus 54.6 per cent in the previous month, registering strongest increase in output in close to nine years. Energy consumption growth …

Nirmala Sitharaman to Unveil Another Stimulus Package Soon to Boost Covid-19 Hit Economy, Says Economic Affairs Secy
4 years, 2 months ago

Nirmala Sitharaman to Unveil Another Stimulus Package Soon to Boost Covid-19 Hit Economy, Says Economic Affairs Secy

News 18  

Finance Minister Nirmala Sitharaman will soon announce the next set of stimulus package to boost the coronavirus-hit economy, Economic Affairs Secretary Tarun Bajaj said on Tuesday. The government had announced a Rs 1.70 lakh crore Pradhan Mantri Garib Kalyan Yojana in March to protect the poor and vulnerable sections from the impact of COVID-19 crisis. It was followed by the …

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