No Charges on Digital Payments to Large Business from 1 Nov
An establishment having large businesses of an annual turnover of more than Rs 50 crore will have mandatorily offer an electronic mode of payments to...
Tag : Nirmala Sitharaman
FM Cuts Corporate Taxes for Domestic, Manufacturing Firms
On Friday, Nirmala Sitharaman, Union Finance Minister, has announced a slew of tax exemptions at GST council meeting. She proposed to cut corporate tax for...
Govt Bans Production, Sale of E-Cigarettes
On Wednesday, Finance Minister Nirmala Sitharaman said that the habit affected youth the most, and the government banned e-cigarettes. “The Union Cabinet has given the...
Nirmala Sitharaman to Announce ‘Important’ Decision Today
On Saturday, Finance Minister Nirmala Sitharaman going to be announced some more measures to arrest the economic slowdown that has trouble the Narendra Modi administration’s...
#BoycottMillennials: Twitter Roasts Sitharaman's Comment
Making it an unintentional ‘havoc’, Finance Minister Nirmala Sitharaman on Wednesday said that millions of people have mindset that the reason behind slowdown in the automobile sector was...
Merger PSU Banks Unlikely to Revive Credit Flow
The merger of Public Sector Banks (PSBs) into four entities is unlikely to revive credit growth or have meaningful cost synergies, said a report by Credit Suisse....
GDP Growth Falls to 5%: Mega-Merger of Public Sector Banks
Finance Minister Nirmala Sitharaman has announced a mega-merger of public sector banks. The announcement was made in a conference by her on Friday. Last week also she announced measures to...
Finance Ministry Moves to Boost Spending, Loosens Purse Strings
Finance Minister Nirmala Sitharaman announced several steps, including front-loading of growth capital to public sector banks, additional capital to housing finance companies(HFCs) and lifting the...
GST Rate on EVs Cut From 12% to 5%
On Saturday, the GST Council decided to reduce the tax rate on electric vehicles (EVs) to 5 per cent from the existing 12 per cent....
PSU Banks to be Infused Rs 70,000 Crores
In the announcement made by the finance minister Nirmala Sitharaman in her speech on Friday, she stated that public sector banks will be provided with...