Stimulus package to arrest economic downturn likely: Report
New Delhi/ IBNS: The government is mulling a package of Rs 1.5 lakh crore to stimulate the economy of India which is currently under lockdown due to coronavirus outbreak, a Reuters report said.
Coronavirus: Govt announces financial relief for common man, businessmen
New Delhi/UNI: In view of the situation arising out of Coronavirus spread, the government on Tuesday announced a variety of exemptions to the general public and businessmen related to income tax returns and last date of compliance among others.
Coronavirus outbreak: Centre extends last date for filing GST returns till Jun 30
New Delhi/IBNS: The central government on Tuesday extended the last date for filing GST returns for the fiscal year 2018-19 till Jun 30 amid the Novel Coronavirus outbreak.
Yes Bank crisis: FM's assurance is right, depositors' money not at risk, says SBI chairman
Mumbai/New Delhi/IBNS: Amid the panic of the customers of crisis-hit Yes Bank, State Bank of India (SBI) chairman Rajnish Kumar on Saturday said the depositors' money was safe throwing weight behind the statement of Union Finance Minister Nirmala Sitharaman.
Yes Bank crisis: Depositors' money is safe, says FM Nirmala Sitharaman
New Delhi/IBNS: Reacting to the Yes Bank crisis, Union Finance Minister Nirmala Sitharaman on Friday assured all depositors that their money was safe, media reports said.
Yes Bank crisis: Depositors' money is safe, says FM Nirmala Sitharaman
New Delhi/IBNS: Reacting to the Yes Bank crisis, Union Finance Minister Nirmala Sitharaman on Friday assured all depositors that their money was safe, media reports said.
FM holds interactive session on 'Budget and Beyond' with professionals
New Delhi/UNI: Finance Minister Nirmala Sitharaman on Friday held an interactive session on 'Budget and Beyond' with professionals from asset management, wealth advisory, tax consultancy and other related fields.
ICC delegation meets Union Fin Minister Nirmala SitharamanÂ
Kolkata/UNI: The Indian Chamber of Commerce (ICC) delegation led by president Mayank Jalan had a post-budget discussion with Union Finance Minister Nirmala Sitharaman in the city on Sunday.
LIC's partial disinvestment will not lead to its privatisation: LIC Chairman
Mumbai/IBNS: Disinvestment of a part of the government's share in Life Insurance Corporation(LIC) will not pose difficulties for the employees, according to Chairman of LIC MR Kumar, reported NDTV.
Govt will not set up a separate fund for Aspirational Districts: Sitharaman
Mumbai/IBNS: Clarifying government's stand on funding the Aspirational Districts, Finance Minister Nirmala Sitharaman on Friday said the government will not create a separate fund like SC/ST fund for the Aspirational Districts but facilitate reaching of the existing schemes to these districts.
Government intends to simplify tax regime: Nirmala Sitharaman
Mumbai/IBNS: Neary a week after presenting her second Union Budget, Finance Minister Nirmala Sitharaman on Friday said her government intends to simplify the tax regime of the country.
With allocations to UTs, Budget 2020 provides Rs 1,67,250 Cr to Home Ministry for next fiscal
New Delhi/UNI: With an allocation of Rs 52,863.61 crore for eight Union Territories (UTs), the Union Home Ministry has been allocated with Rs 1,67,250 crore in Union Budget 2020-21, presented by the Finance Minister Nirmala Sitharaman on Saturday.
SAIL Chairman appreciates Union Budget
New Delhi/IBNS: SAIL Chairman Anil Kumar Chaudhary appreciated the Union Budget and said it is promising and full of oppurtunities.
Union Budget: Increase in customs duty on footwear and furniture to promote domestic MSMEs
New Delhi/IBNS: Keeping in view the need of MSME sector, Customs duty is being raised on items like footwear (from 25% to 35% on footwear and from 15% to 20% on parts of footwear) and furniture (from 20% to 25%).
Union Budget: Tourism sector proposed to get Rs 2,500 Crore in union budget 2020-21
New Delhi/IBNS: To make India an attractive destination for both international and domestic tourists, Union Finance Minister Nirmala Sitharaman proposed to allocate Rs 2,500 crores in 2020-21 for the tourism sector.