Nirmala Sitharaman | The Asian Age

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Nirmala Sitharaman Page-14

Sitharaman passed the onus of the slowing economy on 'US-China trade war' and 'currency devaluation'. (Photo: ANI)

Super-rich tax withdrawn; home, auto loans to be cheaper: FM Sitharaman

Finance Minister proposed the government's plan on bringing tax reform to end harassment of taxpayers.

23 Aug 2019 6:14 PM

Time has come for the regulator to suo moto examine the impact of global firms on the domestic market in terms of competition, FM Nirmala Sitharaman. (Photo: File | ANI)

Prepare for new challenges, protect Indian cos from abuse by global firms: Nirmala tells CCI

FM Nirmala Sitharaman flagged the issue of competition sans frontiers and at times, its adverse impact on Indian consumers.

23 Aug 2019 3:04 PM

‘So every now and then, we get these fantastic cases which have fantastic amounts and claims. They have dimensions to the competition law which many countries -- which are so-called free economies -- are struggling to understand and disaggregate so that they can handle each aspect for itself,’ Sitharaman said. (Photo: ANI)

Finance Minister Sitharaman calls upon regulators to catch up with new business realities

She said India is rapidly transforming into new economy in globalised world, which calls for strict regulatory compliances by corporations.

23 Aug 2019 1:34 PM

Union finance minister Nirmala Sitharaman

Will Finance minister act quickly?

The RBI did its part by lowering interest rates recently and has been nudging banks to pass on the rate cut benefits to industry.

23 Aug 2019 1:21 AM

Sebi Chairman Ajay Tyagi said that liquidity needs to increase in terms of better price discovery, more trading and dispersed shareholding, among others. (Photo: File | PTI)

Need to examine various issues on 35 pc minimum public shareholding plan: Sebi chief

Currently, listed companies should have at least 25 per cent public shareholding.

21 Aug 2019 8:07 PM

Need to build trust between tax payers and tax administrators: Sitharaman

This is the 2nd meeting in a series of meetings to be held with tax officials and taxpayers across various cities over the next few weeks.

21 Aug 2019 9:10 AM

Nirmala Sitharaman had cut corporate tax for companies with annual turnover of up to Rs 400 crore.

Corporate tax for large companies to be gradually cut to 25 pc: Sitharaman

The ministry has decided to hold meetings of tax administrators across various Tier II cities in the country.

20 Aug 2019 8:43 AM

Echoing Prime Minister Narendra Modi's Independence Day speech, FM Nirmala Sitharaman said Indian wealth creator entrepreneurs will be given all kinds of support.

FM says corporate tax for cos to be cut gradually

Corporate tax rate for companies with over Rs 400 crore turnover will be gradually cut to 25 pc, said FM Nirmala Sitharaman.

19 Aug 2019 7:31 PM

Finance Minister Nirmala Sitharaman (Photo: PTI)

Dilli Ka Babu: No more pay panels?

The panel suggested that the pay matrix can be reviewed periodically without waiting for 10 years for another pay commission’s recommendations.

18 Aug 2019 12:36 AM

Union Home Minister Amit Shah, Union Finance Minister Nirmala Sitharaman and Union Agriculture Minister Narendra Singh Tomar are expected to attend the meeting. (Photo: File)

Delhi: Group of Ministers meeting at Rajnath Singh's residence today

Earlier on Friday, Defence Minister Rajnath Singh had said that India follows 'no first use' policy regarding nuclear weapons.

17 Aug 2019 11:24 AM

On Tuesday, Yediyurappa sought financial assistance of Rs 10,000 crore from Centre. (Photo: File)

Flood-hit villages in Karnataka to be named after donors: B S Yediyurappa

Yediyurappa said on Wednesday at a meeting with industrialists and corporates.

16 Aug 2019 12:27 PM

In the real estate sector, the number of unsold homes has increased while fast-moving consumer goods (FMCG) companies have reported a decline in volume growth in the first quarter.

Modi reviews state of economy with Sitharaman, FinMin officials

There are expectations that the government would come out with sector-specific stimulus sometime soon.

15 Aug 2019 5:35 PM

According to one report, four million second-hand cars were bought, against 3.6 million new cars.

Auto sector in a mess, govt needs to step in

It will be interesting to see what solution or incentives finance minister Nirmala Sitharaman offers to give a fillip to the industry.

15 Aug 2019 12:29 AM

The partial guarantee would help rework the Asset Liability structure within three months to have positive Asset Liability Management in each bucket for the first three months and on cumulative basis for the remaining period.

Govt issues guidelines for Rs 1-lakh cr partial guarantee scheme for NBFCs

NBFCs, including HFCs, came under stress following series of defaults by group companies of IL&FS in September last year.

14 Aug 2019 8:56 AM

The panel, headed by Corporate Affairs Secretary Injeti Srinivas, has stressed that CSR expenditure should not be treated as a means of resource gap funding for government schemes. (Photo: Representational | Pixabay)

Govt-constituted panel suggests making CSR non-compliance civil offence

Companies having CSR prescribed amount below Rs 50 lakh can be exempted from the need of constituting a CSR committee, as per the report.

13 Aug 2019 8:24 PM

In the last sectoral meeting with the real estate sector representatives and homebuyers, Finance Minister Nirmala Sitharaman, on Sunday, said that she would soon address issues affecting the sector and other stakeholders.

Real estate sector gets Finance Minister’s word

The government is believed to have decided on a high-level meeting to bring the ailing sector on track.

12 Aug 2019 1:08 AM

With no let-up in rains, the flood situation in Karnataka remained grim on Saturday as most of the rivers in the state were in spate. (Photo: File)

Karnataka flood situation remains grim, most rivers in spate

Chief Minister B S Yediyurappa asked people of the state not to worry as relief measures were his government's top priority.

10 Aug 2019 12:24 PM

Finance Minister Nirmala Sitharaman. (Photo: ANI)

Nirmala Sitharaman silent on higher taxes for foreign investors: sources

Investors in turn pulled USD 1.8 billion out of Indian equities in July alone.

10 Aug 2019 10:33 AM

Finance Minister Nirmala Sitharaman said that even with some moderation, India is still the fastest-growing large economy. (Photo: File)

Govt, RBI on same page on steps to boost economy: Sitharaman

Finance Minister Nirmala Sitharaman said the government is looking at the financial sector woes and will address them.

09 Aug 2019 5:53 PM

Foreign investors took USD 1.8 billion out of Indian equities in July alone.

India may exempt foreign portfolio investors from higher taxes: sources

In the budget last month, Sitharaman proposed to hike taxes on those earning more than 20 million rupees annually.

09 Aug 2019 9:53 AM

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