New Delhi/IBNS: Finance Minister Nirmala Sitharaman has taken major steps in financial inclusion and further digitisation of the rural economy with the announcement of integrating 1.5 lakh post offices under the core banking system and creation of 75 digital banking units.
Budget 2022-23: Extension of ECLGS, e-passports to shore up tourism sector
New Delhi/IBNS: The financial budget 2022-23 has earmarked 50,000 crore for the hospitality sector under the Emergency Credit Line Guarantee Scheme (ECLGS) and looks to introduce e-passports for easing the travel process globally.
Union Budget: RBI to issue Digital Rupee
New Delhi: Union FM Nirmala Sitharaman on Tuesday announced the introduction of Digital Rupee to be issued by the Reserve Bank of India starting 2022-23.
Union Budget: Rs. 60,000 crore allocated for Har Ghar, Nal Se Jal Scheme
New Delhi: An allocation of Rs. 60,000 crore has been made in the Union Budget to cover 3.8 crore households in 2022-23 under Har Ghar, Nal Se Jal Scheme.
Budget 2022-23: FM Sitharaman ups capital outlay by 35.4% to Rs 7.5 lakh cr for FY2023
Mumbai/UNI: With a clear focus on improving the transportation infrastructure, multi-modal logistic parks, urban planning, as well as energy transition, Finance Minister Nirmala Sitharaman while presenting the Union Budget 2023, on Tuesday proposed a 35 percent increase in capital expenditure to Rs 7.5 lakh crore in fiscal year 2023.
Budget2022: Nirmala spotlights on infra spending; IT slabs unchanged, 30 pc crypto tax imposed
New Delhi/IBNS: With an emphasis on infrastructure spending and keeping the Income Tax slabs unchanged, Union Finance Minister Nirmala Sitharaman presented her fourth budget in Parliament where she announced a big leap in capital expenditure while imposing a tax of 30 percent on gift of cryptocurrencies at receiver's end amid declaration of digital rupee issuance by the RBI shortly.
Budget2022: RBI will introduce digital rupee in FY22-23, says Nirmala
New Delhi: The Reserve Bank of India will introduce digital rupee in FY22-23 using blockchain and other technologies, Union Finance Minister Nirmala Sitharaman announced in her Budget2022 speech in Parliament on Tuesday.
LIC IPO to hit the market soon: Nirmala in Budget2022 speech
New Delhi: Union Finance Minister Nirmala Sitharam in her budget speech said the initial public offering (IPO) of state-backed Life Insurance Corporation of India is expected to hit the market soon.
Nirmala Sitharaman meets President Kovind ahead of presenting Union Budget
New Delhi: Union Finance Minister Nirmala Sitharaman met President Ram Nath Kovind on Tuesday ahead of presenting the annual budget.
Nirmala Sitharaman to present Union Budget today
New Delhi: Union Finance Minister Nirmala Sitharaman will present the annual budget on Tuesday.
Startups seek 'booster dose' in form of tax incentives from Union Budget
Mumbai/UNI: Amid the uncertainties of the Covid-19 pandemic, Indian startups are pinning hopes on the Union Budget, to be tabled on Feb 1, for a booster dose in the form of tax incentives, reduction in GST and relaxing regulatory restrictions, among others.
Centre to release Rs 47,541 crore as advance installment of tax devolution to states
New Delhi/UNI: Finance Minister Nirmala Sitharaman on Thursday authorised the release of Rs 47,541 crore as an advance installment of tax devolution to states.
GST council meeting defers rate hike on textiles amid opposition from states, industry
New Delhi/IBNS: The GST council meeting chaired by finance minister Nirmala Sitharaman Friday decided to defer the rate of hike on Textiles from 5 percent to 12 percent till the next meeting in February, media reports said.
FM Nirmala Sitharaman to hold pre-budget meeting with state counterparts on Dec 30
New Delhi/IBNS: Union Finance Minister Nirmala Sitharaman will hold a meeting with the finance minsters of states as part of the customary pre-budget consultations with various stake holders, media reports said.
Govt working on a new bill on cryptocurrency: Sitharaman tells Rajya Sabha
New Delhi/IBNS: The government is working on a new bill on cryptocurrency and it will be presented before the Union Cabinet soon for approval, Finance Minister Nirmala Sitharaman told the Rajya Sabha on Tuesday.