FM Sitharaman urges synergy between commerce and tax authorities 

Finance and Company Affairs Minister Nirmala Sitharaman on Friday urged the enterprise neighborhood to proactively and repeatedly interact with GST officers, encouraging open dialogue to seek out synergistic options to their issues. Central Board of Oblique Taxes and Customs (CBIC) and its officers nowadays are “speedily addressing” issues of assessees (commerce), Sitharaman mentioned after inaugurating … Read more

FM Sitharaman directs Public Sector Banks to launch particular drive to garner deposits

Finance and Company Affairs Minister Nirmala Sitharaman on Monday suggested Public Sector Banks (PSBs) to make concerted efforts to garner deposits by conducting particular drives. This recommendation is essential as PSBs are experiencing a tough scenario of slower deposit progress in comparison with the sharp improve in mortgage advances within the latest years. Additionally learn: … Read more

FM Sitharaman to take inventory of PSBs’ deposit mobilisation, cybersecurity levers on Aug 19

Finance Minister (FM) Nirmala Sitharaman’s August 19 assembly with heads of public sector banks (PSBs) will focus majorly on the varied steps that lenders have taken to mobilise deposits, whereas additionally specializing in the cybersecurity measures adopted to stop frauds, two senior officers informed businessline. “The FM will evaluate the credit-deposit (CD) ratios of PSBs, … Read more

Banks ought to usher in modern merchandise to mobilise deposits: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman on Saturday requested banks to provide you with modern and engaging schemes to mobilise deposits. Addressing the media after the board assembly of the Reserve Financial institution of India, she mentioned that deposits and lending are the 2 wheels of a cart and “deposit is shifting slowly.” The banks, she pressured, … Read more

Center class smarter now, diversifying portfolio, says Finance Minister

Hinting at a shift within the funding behaviour of the middle-class in India, Finance Minister Nirmala Sitharaman on Thursday stated people belonging to this part have diversified their portfolio in a sensible means, with particular person buyers searching for higher returns than what the normal avenues had been providing. She additionally reiterated that any determination … Read more

Union Finance Minister Sitharaman chairs pre-budget assembly with finance ministers of states, UTs

Union Finance Minister Nirmala Sitharaman on Saturday morning chaired a pre-budget assembly with Finance Ministers of all States and Union Territories. The Pre-Funds Assembly is organised by the Ministry of Finance and Company Affairs with Finance Ministers of all of the States and Union Territories (with Legislature) to take options for the upcoming Union Funds … Read more

FM Sitharaman to carry pre-Funds consultations with business leaders on June 20

Finance and Company Affairs Minister Nirmala Sitharaman is scheduled to carry vital pre-Funds discussions with main figures of Indian business this Thursday. These talks purpose to gauge the business’s expectations for the primary complete Funds of the Modi 3.0 authorities. The upcoming full-fledged Funds, more likely to be introduced in second fortnight of July, is … Read more

Modi 3.0 Cupboard: Nirmala Sitharaman takes cost as Union Finance Minister for second time; to current the complete Union Funds; Authorities to concentrate on tackling unemployment

Finance Minister Nirmala Sitharaman on Wednesday took cost and resumed her work within the North Block. That is her second time period within the Ministry as a Cupboard Minister and total, her third time period as she was a Minister of State through the first time period of the Modi Authorities (2014-2019). Additionally learn: Consultants … Read more

Digital Panel submits report on Digital Competitors Regulation to Finance Minister

The Centre-appointed 16-member Committee on Digital Competitors Regulation (CDCL) has submitted its report back to Finance and Company Affairs Minister Nirmala Sitharaman.  Additionally learn: Digital panel’s Draft Invoice to elude aid for information publishers The CDCL, headed by Company Affairs Secretary Manoj Govil, has additionally submitted a draft Invoice on proposed Digital Competitors regulation, sources … Read more

Nirmala Sitharaman inaugurates BITS Pilani campus in Kalyan, Mumbai

Finance Minister Nirmala Sitharaman stated Westerners ought to desist from lecturing Indian leaders on the tradition of charity. “Most frequently we’re lectured by the Western leaders that India ought to have a tradition of charity. I totally disgree with them with an instance of the Establishment (BITS Pilani) I’m standing right here. It promotes good schooling, … Read more