Nirmala Sitharaman | The Asian Age

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Nirmala Sitharaman Page-13

CBDT said, the perception that the withdrawal of enhanced surcharge has created the differential regime in certain sections of media is completely misplaced.

Surcharge rollback creates no differential regime between FPIs, domestic investors

FM on Friday announced the withdrawal of enhanced surcharge on short-term and long-term capital gains earned by FPIs.

28 Aug 2019 2:01 PM

Union Finance Minister Nirmala Sitharaman.(Photo: ANI)

Don't overreach, overstate: FM to tax authorities

To a question about GST reduction, FM said she was willing to hear everybody, "but it is not in my hands as it has to go to the GST council.

28 Aug 2019 9:27 AM

'Whatever be the size- small, medium, micro, nano or large entrepreneurs of this country, we want them to carry on with their business without a worry,' she said at the beginning of the address. (Photo: ANI)

Want entrepreneurs to carry on business without a worry: Finance Minister Nirmala Sitharaman

'Any suggestions about credibility of RBI, for me seems a bit outlandish,' she said, talking about Rahul Gandhi's accusations.

27 Aug 2019 6:24 PM

The benchmark 10-year bond yield was at 6.44 pc, down 4 bps on the day after having earlier dropped to a low of 6.35 pc.

India bonds at three-week high, rupee gains after RBI payout to govt

The surplus transfer has assured investors and markets that there is unlikely to be any fiscal slippage.

27 Aug 2019 2:05 PM

Angel tax has been at the forefront of the concerns highlighted by the country’s start-up ecosystem as the fund raised by these companies came under the purview of taxation.

Elimination of angel tax to uplift sentiment in the start up community

These steps shows government’s resolve towards ease of doing business in India and encourage entrepreneurship.

27 Aug 2019 10:06 AM

The increase of GDP is very similar to the increase in the weight of the body.

Does GDP really double on its own in 5 years?

This is the Modi 2.0 government targeting to increase the GDP by 86 per cent in five years.

27 Aug 2019 12:08 AM

Finance Minister Nirmala Sitharaman. (Photo: ANI)

FM likely to announce more support measures for economy: DBS

The June quarter GDP numbers due this week will mark a slowdown from March quarter's 5.8 per cent year-on-year.

26 Aug 2019 2:54 PM

Finance Minister Nirmala Sitharaman (Photo: File)

Signs of pragmatism in steps to boost economy

The Modi government’s eagerness to increase tax collections could have made sense if the economy was doing well.

26 Aug 2019 12:00 AM

Over the last week, the BSE Sensex lost 649.17 points, or 1.74 per cent.

FPI surcharge removal, stimulus measures likely to boost markets: Experts

FM Nirmala Sitharaman on Friday announced rollback of enhanced surcharge on foreign portfolio investors levied in the Budget.

25 Aug 2019 12:38 PM

Govt to look at proposal to relax local sourcing norms for FDI in single brand retail

FM Nirmala Sitharaman in her Budget speech had said that local sourcing norms will be eased for FDI in single brand retail sector.

25 Aug 2019 12:32 PM

The impact of rollback of enhanced tax surcharge will be about Rs 1,400 crore.

Announcements made by FM are major enablers to support growth: SBI chairman

Bank recapitalisation at one go will provide a big impetus to credit growth.

24 Aug 2019 5:14 PM

Finance minister announced upfront capital infusion of Rs 70,000 cr into PSBs to boost lending and improving liquidity situation.

Home, auto, other retail loans to become cheaper: Sitharaman

The move will also lead to cheaper working capital loans for industry.

24 Aug 2019 12:48 PM

The government on Friday decided to withdraw the enhanced surcharge on long term and short term capital gains. (Photo: Twitter/ ANI)

Govt to review surcharge on super-rich in 2022: Sitharaman

Govt increased surcharge from 15 per cent to 25 per cent on taxable income between Rs 2 crore and Rs 5 crore.

24 Aug 2019 12:26 PM

Housing finance companies would get up to Rs 30,000 crore with a view to revive the real estate sector.

Govt announces raft of measures to boost economy; more steps on anvil

The government has set fiscal deficit target of 3.3 per cent of the GDP for the current fiscal.

24 Aug 2019 12:03 PM

Super-rich tax withdrawn; home, auto loans to be cheaper: FM Sitharaman

Sitharaman also announced a booster investment of Rs 100 lakh crores on building modern infrastructure over the next five years.

24 Aug 2019 3:31 AM

The Finance Minister further said that banks have decided to pass on RBI rate cut benefits to borrowers through Marginal Cost of Funds Based Lending Rate (MCLR) reduction.

Banks to get Rs 70,000 crore more, system to bulge by Rs 5 lakh crore

The move is expected to generate an additional lending and liquidity in the financial system to the tune of Rs 5 lakh crore.

24 Aug 2019 1:42 AM

Auto gear shift

Siam also welcomed the assurance that a vehicle scrappage policy will be announced soon.

24 Aug 2019 1:42 AM

Reacting to the announcement, MSME Minister Nitin Gadkari said clearing GST dues within 30 days will be highly beneficial for the MSME sector and will also be instrumental in increasing job opportunities. (Photo: File | ANI)

MSMEs to get pending GST refunds within 30 days: FM

In future, all GST refunds of MSMEs will be paid within 60 days from the date of application, said FM Nirmala Sitharaman.

23 Aug 2019 8:28 PM

Govt to upfront infuse Rs 70,000-cr capital into public sector banks

The move is expected to generate an additional lending and liquidity in the financial system of upto Rs 5 lakh crore, said FM.

23 Aug 2019 8:09 PM

The banks will launch repo rate and external benchmark-linked loan products that will lead to reduced easy monthly installments for housing, vehicle and other retail loans, said FM Nirmala Sitharaman.

Home, vehicle, other retail loans to become cheaper: FM

Working capital loans for industry will also become cheaper, FM Nirmala Sitharaman said.

23 Aug 2019 7:29 PM

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