Tag: Union Minister for Finance and Corporate Affairs

Recommendations of 50th meeting of GST Council

GST Council recommends Casino, Horse Racing and Online gaming to be taxed at the uniform rate of 28% on full face value GST Council recommends notification of GST Appellate Tribunal by the Centre with effect from 01.08.2023 GST Council recommends exemption of cancer-related drugs, medicines for rare diseases […]

UNION BUDGET 2023-24 PRESENTS VISION FOR AMRIT KAAL-BLUE PRINT FOR AN EMPOWERD AND INCLUSIVE ECONOMY

THREE PRONGED FOCUS DRIVEN BY FOUR TRANSFORMATIVE OPPORTUNITIES CONSTITUTE FOUNDATION OF AMRIT KAAL CAPITAL INVESTMENT OUTLAY INCREASED BY 33% TO Rs. 10 LAKH CRORE EFFECTIVE CAPITAL EXPENDITURE AT 4.5% OF GDP FISCAL DEFICIT ESTIMATED TO BE 5.9 % OF GDP IN BE 2023-24 REAL GDP TO GROW AT […]

Union Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman participates in the 13th Annual Day commemoration of the Competition Commission of India

Smt. Sitharaman outlines challenges to competition in global and Indian contexts Union Finance Minister virtually inaugurates regional office at Kolkata; launches an upgraded website of CCI; and releases CCI’s Competition Advocacy Booklets translated into Kannada and Malayalam MAY 20, 2022 Union Minister of Finance and Corporate Affairs Smt. […]

Finance Minister Smt. Nirmala Sitharaman chairs the 7th Annual Meeting of Board of Governors of New Development Bank via video-conference

MAY 19, 2022 Union Minister of Finance & Corporate Affairs and India’s Governor for the New Development Bank (NDB), Smt. Nirmala Sitharaman chaired the 7th Annual Meeting of Board of Governors of NDB through video-conference in New Delhi today. The meeting was also attended by Governors/Alternate Governors of […]

Union Budget 2022-23

Further impetus to Armed Forces modernisation & defence security Infrastructure development Total allocation under Capital Outlay of Defence Services enhanced to 1.52 lakh crore 68% of capital procurement budget to be earmarked for domestic industry to promote self-reliance & reduce import dependency 25% per cent of defence R&D […]

Finance Ministry interaction with tax professionals, other stakeholders and Infosys on issues in new Income Tax Portal

A meeting was held between senior officials of the Finance Ministry and Infosys on 22.06.2021 on issues in the new Income Tax Portal. The meeting was presided over by Union Minister for Finance & Corporate Affairs Minister Smt. Nirmala Sitharaman. Union Minister of State for Finance & Corporate […]

Budget Speech Summary – Part A

open view news desk Indian economy becoming a 3 trillion dollar economy this year with World’s 3rd  largest economy in terms of Purchasing Power Parity, government’s intention to invest Rs. 100 lakh crore in infrastructure in next 5 years, enhaced target of over one lakh 5,000 crore of disinvestment in […]

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