pre-Budget meeting

Pre-Funds assembly: Commerce Unions ask restoration of previous pension scheme, increased customary deduction

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Commerce Unions on Monday pressed the demand for restoration of Previous Pension Scheme (OPS) for presidency workers throughout pre-Funds consultations with Finance Minister Nirmala Sitharama. These unions additionally positioned calls for for establishing eighth pay fee, improve in tax rebate for salaried class and fill vacancies. Representatives from 12 commerce unions together with INTUC, AITUC, … Read more

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

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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

Capital market consultants urge govt to fast-track disinvestment of ‘low float’ PSUs

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Capital market consultants and asset managers on Thursday urged the Modi 3.0 authorities to offer precedence to “low floating inventory” counters of their future disinvestment selections on listed public sector corporations, together with banks. Such an strategy would enhance the availability of shares available in the market and valuations would turn into affordable, they conveyed … Read more