Nirmala Sitharaman | The Asian Age

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Nirmala Sitharaman Page-9

Finance Minister Nirmala Sitharaman (Photo: File)

J&K smokescreen won’t hide economic spasms

It is indeed a point of debate whether the post-Budget policy tweaks of Ms Sitharaman would prove effective or not.

12 Oct 2019 12:00 AM

They will discuss legislative steps needed to prevent such incidents from happening and empower the regulator better, FM Nirmala Sitharaman said. (Photo: ANI)

PMC Bank: Sitharaman faces protesters; promises legislation

The depositors had gathered outside the BJP's office here ahead of FM Nirmala Sitharaman's scheduled press interaction.

10 Oct 2019 3:00 PM

I am not saying boisterous or we are going to have a runaway boom. I am saying that as we are moving ahead, growth will move higher from where it is. We are probably at the trough, Puri said. (Photo: File)

Growth will improve by January but no 'runaway boom': Aditya Puri

A few companies, especially with exposure to the realty space, may face problems in the future, said HDFC's Aditya Puri.

06 Oct 2019 6:26 PM

Pre-Budget meetings will begin from October 14 and continue till the first week of November, it said.

FinMin to kick-start budgetary exercise from Oct 14

The pre-Budget/RE (Revised Estimate) meetings will begin on the October 14, 2019, according to a Budget Circular (2020-21).

06 Oct 2019 12:34 PM

The interesting aspect to be noted here is that the Centre is not averse to selling its stake in profit-making firms like Hindustan Copper Ltd and Bhel, which is a Maharatna company.

Govt may sell stake in Bhel and other PSUs

Hindustan Copper had recorded a net profit of Rs 145.74 crores in 2018-19, which was a humungous 83 per cent more than the previous fiscal.

30 Sep 2019 6:16 AM

Spending to start, dues to be met: Nirmala Sitharaman

However, the government aims to ensure there are no dues left, and funds should be cleared swiftly.

28 Sep 2019 4:20 AM

Finance Minister Nirmala Sitharaman also said that the government's capital expenditure was on track and Budget estimates would be met. (Photo: File | ANI)

Govt looks to push infra spending, has cleared MSME dues: FM Sitharaman

Government should not sit on over due payments, Sitharaman said, adding the money should go to people who have been waiting for it.

27 Sep 2019 6:48 PM

Union Finance Minister Nirmala Sitharaman.

FM to meet secretaries, financial advisors of key ministries today

The main agenda of this meeting is to discuss measures to revive the economy and push up investments.

27 Sep 2019 11:00 AM

Economic growth to improve in second half of fiscal 2020: Sitharaman

India’s economic growth in April-June fell to a six year low of 5 per cent.

27 Sep 2019 10:08 AM

As regards slowdown in the passenger vehicle segment, Finance Minister Nirmala Sitharaman was told that it was driven by "sentiments" and will improve in near future. (Photo: File)

Economy looking up; no liquidity crisis: FM Sitharaman after bankers meet

I heard good things, positive thing, she said, and added that 'the message I got is that consumption is happening.'

26 Sep 2019 10:31 PM

Sitharaman said there was no disagreement at the meeting, which she described as “tonic-like”. (Photo: ANI)

'There is no liquidity crisis,' says Sitharaman after meeting private bankers

She also said that micro-finance units have vouched for growth and are extending loans and that there is demand.

26 Sep 2019 9:16 PM

This panel also proposed removing the surcharges and cess levied on income-tax to some extent.

Income-tax rate for individuals may be cut soon

This has been suggested by a committee set up to recommend changes in the direct tax code.

25 Sep 2019 2:20 AM

Sitharaman also said the government would decide on additional market borrowings for the second half of 2019-20 later. (Photo: Asian Age)

Govt says no plans to revise fiscal deficit target or cut spending now

Govt cut corporate tax rates in a surprise move designed to woo manufacturers, revive private investment and lift growth from a 6-year low.

23 Sep 2019 10:58 AM

Finance minister Nirmala Sitharaman (Photo: Asian Age)

Tax reform in driblets keeps the party going

Readers will recall the short history of corporate tax reductions under Modi 1.0.

23 Sep 2019 1:09 AM

Commodity and information technology (IT) services companies will benefit most from the tax rate cut.

Corporate tax cut positive but growth faces headwinds: Moody's

On Friday, the Centre announced a reduction in the base corporation tax rate to 22 per cent from 30 per cent.

21 Sep 2019 1:16 PM

Senior Congress leader Kapil Sibal on Saturday attacked the government over its move to cut corporate tax, alleging that the rich will benefit while the poor left to fend for themselves. (Photo: File)

Rich will benefit, poor left to fend for themselves: Sibal on tax cut

The Congress on Friday had termed the corporate tax cut a 'panic reaction' by the government.

21 Sep 2019 12:54 PM

Finance Minister Nirmala Sitharaman said the reduction in tax rates was done by promulgating an ordinance to an amendment to the Income Tax Act.

US corporate sector hails India's move to slash income tax rate for companies

Government slashed the income tax rate for companies by almost 10 percentage points to 25.17 per cent.

21 Sep 2019 9:49 AM

Finance Minister Nirmala Sitharaman. (Photo: ANI)

Now CSR funds can be spent on incubators and universities

According to Mohammad Azhar, Program Leader, INVENT at Villgro, it is a welcoming step to go from ‘good to great’.

21 Sep 2019 2:56 AM

Wadhera emphasised that these are indeed landmark announcements and would certainly help in reviving growth in the economy.

Corporate tax cut cheers Auto Inc

Move may spur demand for contract manufacturing.

21 Sep 2019 2:52 AM

The market logged the biggest single-day jump in a decade with the Sensex surging 1921 points, or 5.3 per cent, to 38014.62 and the Nifty gaining 569 points, or 5.3 per cent, to 11274.20.

Market turns bullish on tax cut, Sensex vaults 1921 points

The biggest gain for the Sensex was 2,111 points rise on May 18, 2009.

21 Sep 2019 2:45 AM

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