Tag: Finance minister

[ad_1] Union Cabinet has cleared the Limited Liability Partnership Amendment Bill The Union Cabinet on Wednesday cleared the Limited Liability Partnership (LLP) Amendment Bill to accelerate the “Ease Of Doing Business” campaign of the Government. Finance Minister Nirmala Sitharaman while briefing the media after the Cabinet meeting, said that the changes are being made in Companies Act, decriminalising […]

[ad_1] Government has introduced a bill to provide relief to pandemic hit small and medium enterprises The Centre on Monday introduced a bill in Lok Sabha for providing a resolution process for financially stressed micro, small and medium enterprises (MSMEs), especially those which have been affected by the Coronavirus pandemic. The bill will amend the […]

[ad_1] Finance Minister Nirmala Sitharaman has asked ministries to spend on large projects Finance Minister Nirmala Sitharaman has asked Secretaries of all key infrastructure sector ministries to push expenditure on large important projects, to ensure that achievements are commensurate with timelines. The departments have also been urged to achieve more than their capacity expansion targets. During a […]

[ad_1] Government has released additional funds for BharatNet project The Government on Monday announced that an additional amount of Rs 19,041 crore is being provided for the BharatNet project, which is aimed at providing broadband connectivity to 2.5 lakh panchayats across the country. With this, the total outlay for the ambitious scheme will now be […]

[ad_1] Government will form a policy to fast track clearance to public private partnership projects Keen to fast track its ambitious asset monetisation programme and streamlining approval for public private partnership (PPP) projects, the Government today announced that it will come up with a new policy to address the issues plaguing the system. Finance Minister […]

[ad_1] HYDERABAD: Finance minister T Harish Rao has urged Union finance minister Nirmala Sitharaman to increase fiscal responsibility and budget management (FRMB) limit from existing 4 per cent to 5 per cent to help the states in the pandemic period. The Union minister said the Centre would examine the request of the Telangana government. Harish […]

[ad_1] Finance Minister Nirmala Sitharaman said India would not see such a budget in “100 years”. Government’s annual budget in February was lauded by many and raised hopes it would drive a sharp economic revival, but there are now fears that its promise may fall flat as it did not account for a crippling second […]

[ad_1] Finance Minister Nirmala Sitharaman speaks with industry chambers Finance Minister Nirmala Sitharaman today brainstormed with industry chambers regarding their concerns over the Centre’s management of Corona virus pandemic. She informed through a tweet that the government will continue to work with states to save lives and livelihood. Ms Sitharaman said that she sought feedback from […]

[ad_1] Budget 2021 Tax Highlights: The government extended tax holiday for affordable housing projects Budget 2021 Tax Highlights: In a major tax relief for senior citizens, Finance Minister Nirmala Sitharaman while presenting Budget 2021 announced that citizens aged 75 years and above, who only have pension and interest income are now exempted from filing the […]