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
Finance Minister Nirmala Sitharaman on Saturday urged banks to focus extra on core banking enterprise, which is mobilising deposits and lending to those that want funds. In the meantime, RBI (Reserve Financial institution of India) Governor Shaktikanta Das mentioned that the rate of interest in India as of now could be pretty secure. Sitharaman and … Read more
Finance Minister Nirmala Sitharaman on Monday advised a month-to-month assembly between fintech entities, start-ups and regulators. The FM’s suggestion got here throughout a gathering with the three entities within the wake of the Paytm controversy which, stated sources, doesn’t appear to have precipitated any main anxiousness amongst both the fintechs or the the regulators. “Finance … Read more
Finance Minister Nirmala Sitharaman on Tuesday reiterated that the valuation guidelines for levying 28 per cent GST on entry-level bets on on-line gaming platforms are efficient prospectively. “A clarification on that levy was issued and in keeping with that 28 per cent is the tax. Whom it’s going to apply to and on whom will … Read more