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Tag: nirmala sitharaman

24 May

[ad_1] After reports emerged saying that the central government is considering a calamity cess on the Goods and Services Tax, similar to flood cess imposed by Kerala in June last year, sources said that the Finance Ministry is not considering imposition of calamity cess on the GST as businesses are grappling with low sales and […]

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23 May

[ad_1] NEW DELHI: Senior Congress leader P Chidambaram on Saturday asked RBI (Reserve Bank of India) governor Shaktikanta Das to “bluntly” tell the government to do its duty and take fiscal measures if he feels that the demand has collapsed and the GDP (gross domestic product) growth is heading towards negative territory. He also asked […]

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23 May

[ad_1] NEW DELHI: A day after the RBI (Reserve Bank of India) projected economic contraction in 2020-21, finance minister Nirmala Sitharaman on Saturday said future fiscal policy actions to stimulate the economy will depend on how COVID-19 pandemic pans out. The government has already announced a Rs 20.97 lakh crore economic package, which includes Reserve […]

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22 May

[ad_1] The central board of direct taxes has issued net tax refunds of Rs 26,242 crore since April 1 and May 21, 2020. In an effort to give more cash in the hands of people amid the coronavirus crisis, the central board of direct taxes has issued net tax refunds of Rs 26,242 crore since […]

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22 May

[ad_1] KEY HIGHLIGHTS Andhra Pradesh announces stimulus for MSMEs, promises to release Rs 905 crore of pending incentives in 2 months ReSTART package includes waiver of fixed demand charges towards power for a period of 3 months A Rs 200 crore Fund of Funds on anvil to provide working capital to MSMEs Preferential Market Access […]

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21 May

[ad_1] (Representative image) NEW DELHI: The Centre has not imposed any restrictions on states for utilisation of additional borrowing of 2 per cent and they are free to spend as per their requirements, a senior finance ministry official has said. It is to be noted that the basic limit of 3 per cent remains unconditional, […]

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21 May

[ad_1] MUMBAI : Disappointed by the details of the special liquidity schemes announced by the Finance Minister Nirmala Sitharaman as part of the ₹20,000 crore economic package, non-banking finance companies have written to the FM requesting to rework the contours of the schemes. In a letter sent to FM on Wednesday, Finance Industry Development Council, […]

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20 May

[ad_1] वित्‍त मंत्री ने कहा, ” बिजनेस सेक्‍टर के लिए प्रोत्साहन देना महत्वपूर्ण था…. [ad_2] Source link

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20 May

[ad_1] NEW DELHI: Finance minister Nirmala Sitharaman has said that the Central government’s measures in the special economic package to deal with the impact of coronavirus crisis were aimed at “greater multiplier effect” and it should be through banks for meeting the fixed cost expenditure and for working capital. Sitharaman told ANI in an interview […]

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20 May

[ad_1] From why the government always finds privatisation difficult and how the opening up of the space sector will help overcome the manpower and budgetary constraints in the area and the reasons the skirmish between studios and theatre owners over releasing films online is an aberration, here’s a selection of Business Standard Opinion pieces […]

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