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Nirmala Sitharaman

FM Promises Sanction Of Rs 1300 Cr Package For Development Of Tripura's Tribal Belt In 10 Days

Addressing a meeting after inaugurating a slew of 11 projects at Mohanpur, about 50 km from here, Sitharaman said the Rs. 1300-crore project with World Bank funding would ensure an all-round development in the state's tribal...

27 August 2021

'Congress Received Kickbacks By Selling Resources': Sitharaman Questions Rahul's Understanding Of NMP

Does Rahul Gandhi understand what is monetization, the finance minister asked.


Infosys Submits Roadmap To Fix IT Portal Glitches In CEO’s Meeting With Finance Minister

The finance ministry summoned Infosys CEO Salil Parekh over continued snags in India's new electronic tax filing portal


Rahul Gandhi Says Govt 'Busy With Sales' Even As Covid Cases Rise

"Please take care of yourselves because GOI is busy with sales," Gandhi said in reference to the recently announced the National Monetisation Pipeline for monetising assets.

26 August 2021

Centre Announces Rs 6 Lakh Cr National Monetisation Pipeline, To Monetise Assets Across Sectors

Announcing the National Monetisation Pipeline (NMP), Union Finance Minister Nirmala Sitharaman said the asset monetisation does not involve selling of land and it is about monetising brownfield assets.


Bitcoin Surges, Experts Advise Caution

Bitcoin took a hit over the last few months, but its upsurge may have been the result of a buildup of its wider acceptance. The good days are back for cryptocurrency, claim experts

23 August 2021

Govt Declares Increase In Family Pension For PSB Employees; Employer Contribution To NPS Also Sees Hike

This would result in the family pensions rise to as high as Rs 30,000-Rs 35,000 a month, said Department of Financial Services Secretary Debasish Panda.

25 August 2021

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Income Tax Portal Live Now, Says Infosys After CEO & MD Summoned By Finance Ministry

The company said the portal is live now after Finance Ministry ‘summoned’ Infosys MD and CEO Salil Parekh to explain the reasons for continued glitches even after over two months of launch.

22 August 2021

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22 August 2021
Finance Ministry 'Summons' Infosys MD & CEO Salil Parekh For Not Resolving I-T Portal Glitches

Finance Ministry 'Summons' Infosys MD & CEO Salil Parekh For Not Resolving I-T Portal Glitches

Between January 2019 to June 2021, the government has paid Rs 164.5 crore to Infosys for developing the portal.


21 August 2021
Finance Minister Launches Third Phase Of 'Mission Shakti' In Uttar Pradesh

Finance Minister Launches Third Phase Of 'Mission Shakti' In Uttar Pradesh

The Union minister said the Centre is promoting women-led development, and the Uttar Pradesh government is taking all those programmes with the same vigour.


16 August 2021
Fuel Price Hike: FM Says Can't Reduce Excise Duty On Petrol, Diesel, Blames UPA

Fuel Price Hike: FM Says Can't Reduce Excise Duty On Petrol, Diesel, Blames UPA

The union finance minister remained non-commital on excise duty cut on petrol and diesel saying payments in lieu of past subsidised fuel pose limitations.


05 August 2021
Govt Brings Tax Withdrawal Bill To Lok Sabha To Revoke Tax Demand On Cairn, Vodafone

Govt Brings Tax Withdrawal Bill To Lok Sabha To Revoke Tax Demand On Cairn, Vodafone

The bill provides for the withdrawal of tax demand made on "indirect transfer of Indian assets if the transaction was undertaken before May 28, 2012 (i.e. the...


04 August 2021
RS Passes Limited Liability Partnership Amendment Bill To Make Doing Business Easier

RS Passes Limited Liability Partnership Amendment Bill To Make Doing Business Easier

Finance Minister Nirmala Sitharaman moved the bill for consideration and passage. The bill was introduced in the House last week.


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19 July 2021
FDI Inflows Rose By USD 13 Billion In 2020: Finance Minister Nirmala Sitharaman

FDI Inflows Rose By USD 13 Billion In 2020: Finance Minister Nirmala Sitharaman

India's strong fundamentals, market size will continue to attract foreign investments, Finance Minister Nirmala Sitharaman said


16 July 2021
Centre Borrows, Releases Rs 75k Crore To Compensate States For GST Revenue Shortfall

Centre Borrows, Releases Rs 75k Crore To Compensate States For GST Revenue Shortfall

The amount released is in addition to the normal GST compensation that is paid bi-monthly to states out of the collections made from the levy of a cess on...


13 July 2021
FM Hopes For Stronger Bilateral Ties With Bhutan Upon Launching BHIM-UPI

FM Hopes For Stronger Bilateral Ties With Bhutan Upon Launching BHIM-UPI

The launch is expected to benefit more than 2,00,000 tourists from India who travel to Bhutan each year.


09 July 2021
Economy Recovering Due To Targeted Fiscal Relief, Rapid Vaccination: Finance Ministry

Economy Recovering Due To Targeted Fiscal Relief, Rapid Vaccination: Finance Ministry

About global economic growth, it said this has continued its upward trajectory in June 2021.


28 June 2021
New Economic Measures Will Boost Production, Generate Employment: PM Modi

New Economic Measures Will Boost Production, Generate Employment: PM Modi

Union finance minister Nirmala Sitharaman has announced a Rs 1.1 lakh crore loan guarantee scheme for Covid-hit sectors


28 June 2021
Covid-19 Impact On Indian Economy: Decoding Numbers And Jargon

Covid-19 Impact On Indian Economy: Decoding Numbers And Jargon

An attempt to make sense of the official statistics thrown at us from RBI, Finance Ministry, Niti Aayog and so on.


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28 June 2021
FM Sitharaman Announces Rs 1.1 Lakh Crore Loan Guarantee To Covid-Impacted Sectors

FM Sitharaman Announces Rs 1.1 Lakh Crore Loan Guarantee To Covid-Impacted Sectors

Free visa to first 5 lakh tourists; Rs 10 lakh loan to travel agencies, says Nirmala Sitharaman


23 June 2021
Glitches On New IT Portal  Impacting Tax Payers Adversely, Fix It Immediately: FM Asks Infosys

Glitches On New IT Portal Impacting Tax Payers Adversely, Fix It Immediately: FM Asks Infosys

The FM asked Infosys to address all issues without further loss of time, improve their services, redress grievances on priority as it was impacting taxpayers...


12 June 2021
GST On Several Covid Items Cut, But No Change In Cost Of Vaccines

GST On Several Covid Items Cut, But No Change In Cost Of Vaccines

GST Council slashes tax rate on Covid-19 medicines and equipment like oxygen concentrators.


09 June 2021
New Tax Site Glitches: We Will Fix It, Nilekani Assures Sitharaman

New Tax Site Glitches: We Will Fix It, Nilekani Assures Sitharaman

Users have flooded Finance Minister Nirmala Sitharaman's Twitter timeline with complaints


09 May 2021
GST Exemption On Vaccine, Covid Drugs Will Make Them Costlier: FM Nirmala Sitharaman

GST Exemption On Vaccine, Covid Drugs Will Make Them Costlier: FM Nirmala Sitharaman

Nirmala Sitharaman tweeted her response to Mamata Banerjee's letter, saying these items are already exempted from customs duty and health cess.


04 April 2021
Kerala Polls: LDF Minister Committed Sin By Unleashing Cops On Ayyappa Devotees, Says Nirmala Sitharaman

Kerala Polls: LDF Minister Committed Sin By Unleashing Cops On Ayyappa Devotees, Says Nirmala Sitharaman

Union minister Nirmala Sitharaman was referring to the clashes that broke out between the police and Ayyappa devotees during the Sabarimala protests in 2018


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