New Delhi/IBNS: Assuring '' vibrancy" in her forthcoming Budget, Union Finance Minister Nirmala Sitharaman Tuesday said the Government would ensure that public spending on infrastructure development would be sustained even as the prospects of vaccine against Covid-19 have brought in additional confidence for revival of the economy.
New Delhi/IBNS: Finance Minister Nirmala Sitharaman on Thursday announced Rs 900 crore for research and development for Covid-19 while also assuring that the funds will be allocated for the cost of vaccine and logistics as per requirement.
New Delhi/IBNS: Government’s continuous support and the new announcements under the Aatmanirbhar Bharat Yojana 3.0 will make the road to recovery post-pandemic stronger and facilitate and incentivize job creation, and provide much relief and impetus to housing and infrastructure sector,” said Dr. Niranjan Hiranandani, President ASSOCHAM reacting to the announcement of the 7th major stimulus package to support the economy by the Union Finance Minister, Nirmala Sitharaman today in New Delhi.
New Delhi/IBNS: In a bid to ward off the gloom surrounding the Indian economy hit by Covid-19 restrictions, the government today announced a slew of measures, including tax relief for home buyers as well as the real estate developers.
New Delhi/IBNS: Finance Minister Nirmala Sitharaman on Thursday announced Atma Nirbhar Bharat Rozagar Yojana 3.0 aimed at boosting economic growth amid a GDP drop of 8.3 per cent in July-September.
New Delhi/IBNS: The Indian government is likely to announce another round of economic stimulus before Diwali, said a media report, adding that it would be linked to job creation and extension of the cabinet's decision to push growth with production-linked incentive.
New Delhi/IBNS: After months of confrontation over the Goods and Services Tax (GST) dues, the Centre has decided to borrow Rs. 1.1 lakh crore on behalf of the states prompting Union Finance Minister Nirmala Sitharaman to explain the reason behind the government's change in stance over the issue, media reports said.
New Delhi/UNI: Finance Minister Nirmala Sitharaman on Monday said that no consensus could be generated at the GST Council meeting on borrowing options.
New Delhi: Union Minister for Finance & Corporate Affairs Nirmala Sitharaman here on Monday announced measures of Rs 73,000 crore to stimulate consumer spending in the economy in an effort to fight the slowdown due to COVID-19 pandemic following lockdown.
New Delhi/UNI: The Narendra Modi government on Monday announced proposals to stimulate demand by front-loading or advancing some of the expenditure with some offsetting changes and the other directly linked to an increase in the GDP.
New Delhi/IBNS: Amid pressure from several states to compensate the revenue shortfall, Union Finance Minister Nirmala Sitharaman on Thursday said Novel Coronavirus is an act of God that has affected the Goods and Services Tax (GST).
New Delhi: Union Finance Minister Nirmala Sitharaman on Friday said that the government is working with RBI on the Industry’s need for the restructuring of loans due to the COVID-19 impact.
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman on Friday chaired the crucial 40th GST Council meeting where it was announced that there will be no late fee for delayed filing of GST returns by registered entities with nil tax liability between July 2017 to January 2020.
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman in the fifth and final process of unveiling the 20 lakh crore 'Atma-Nirbhar Bharat' fiscal package to revive the economy in the aftermath of coronavirus outbreak, announced on Sunday that an additional 40,000 crore will be spent on the MNREGA scheme.
New Delhi/IBNS: Indian Finance Minister Nirmala Sitharaman's fourth press conference on Rs. 20 lakh crore economic package, dubbed as a package to build "Aatmanirbhar Bharat" or "Self-reliant India", was largely concentrated with the Narendra Modi government's push to privatisation in multiple sectors through reforms.