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Latest Articles in nirmala sitharaman

RBI Has Taken Steps To Promote Rupee As Preferred Currency For Global Trade: FM

Finance Minister Nirmala Sitharaman on Monday said the Reserve Bank of India (RBI) has taken steps to promote rupee as the preferred currency for global trade in order to promote exports

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Indian Govt. Proposes Amendments To The Competition Law

The Indian government has come up with a few proposals to amend the competition law, on Friday.

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FM Defends Handling Of Inflation, Says GST Regime Hasn't Raised Tax Burden

The Minister said she is replying to every point being raised but can't reply in the fashion an MP wants but admitted that the subsidy may not be enough

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No GST On Chequebooks For Customers, Only On Bank Buying From Printer: FM

"I want you to kindly take into cognizance that as regards the consumer or the bank client who takes the money, withdraws the money, there is no charge on him," Sitharaman said

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GST Council Has Not Imposed Any New Levy On Essential Items Consumed By Poor: FM

The minister, replying to a short-duration discussion on price rise in the Rajya Sabha, also said GST has not increased the burden on families

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No Collapse In Indian Rupee Against USD: FM Sitharaman

The finance minister replied that when the then Gujarat CM and now Prime Minister had made comments on the Indian currency, the economy was in serious shape on all other parameters

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Notices Issued To Three Chinese Mobile Companies For Tax Evasion: FM

"Undervaluation of imported goods for the purpose of payment of customs duty, that we think is an evasion of Rs 1,408 crore," she said

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Govt Is Taking Actions On Dubious Digital Apps Backed By Other Countries: FM

FM Nirmala Sitharaman informed the Rajya Sabha that the government is taking action against dubious digital loan apps, originating outiside India.

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Nirmala Sitharaman’s Remarks On Price Rise In LS Denial That Problem Exists: Congress

The Congress on Monday said Finance Minister Nirmala Sitharaman’s reply to the debate in the Lok Sabha on price rise was nothing but a “zero” and expectedly, a denial that a problem exists

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India Not Entering Into Recession Or Stagflation, Says Sitharaman

Nirmala Sitharaman, the finance minister, brushed off concerns that India would enter recession or stagflation

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Finance Department Negates Free Foodgrain Program

The Finance ministry stated that the Pradhan Mantri Garib Kalyan Anna Yojana (PM-GKAY) has not been extended beyond September as it is not advised by the department of expenditure

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Rupee Has Strengthened Against British Pound This Year: Sitharaman

"The British Pound, has weakened more than the Indian rupee against the US dollar and therefore, the Indian rupee has strengthened against the Pound in 2022," she noted

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No Official Estimate Of Exact Amount Deposited By Indians, Firms In Swiss Banks: FM

These media reports have also mentioned that these deposits do not indicate the quantum of the alleged black money held by Indians in Switzerland

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GST On Essential Items After States Sought Levy, Aimed To Check Evasion, Says Official

GST on pre-packaged goods/ food packets was levied after some states gave feedback of losing revenues they previously earned from levy of VAT on food items, a top government official said

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Trust-based Taxation System Helping Improve Collections: Sitharaman

He observed that various taxpayer outreach programmes organised by the department will go a long way in creating an atmosphere of mutual trust and respect between the taxpayers and the department

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