Articles for tag: AIIB, Booming, Economy, Indias, LowIncome, Nations, Nirmala, Qatar, Sitharaman, Strengthens, Support, Ties, Urges

Market News

Nirmala Sitharaman urges AIIB to support low-income nations, strengthens ties with Qatar amid India’s booming economy.

Nirmala Sitharaman urges AIIB to support low-income nations, strengthens ties with Qatar amid India’s booming economy.

Union Finance Minister Nirmala Sitharaman urged the Asian Infrastructure Investment Bank (AIIB) to maintain a client-centric approach, especially for low-income countries, to access financial resources and technical assistance. During a meeting with AIIB President Jin Liqun prior to the 9th Annual Meeting of Board of Governors, she praised the bank’s rapid growth over nine years. ...

Market News

Union Finance Minister Nirmala Sitharaman emphasizes banks’ vital role in achieving India’s 2047 development goals through sustainable growth and technology.

Union Finance Minister Nirmala Sitharaman emphasizes banks’ vital role in achieving India’s 2047 development goals through sustainable growth and technology.

Union Finance Minister Nirmala Sitharaman emphasized the vital role of the banking sector in achieving India’s goal of becoming a developed nation by 2047. Speaking at the 90th foundation day of the Bank of Maharashtra, she outlined key pillars for a prosperous India, including economic growth, social progress, environmental sustainability, and good governance. Sitharaman urged ...

Market News

Finance Minister Nirmala Sitharaman urges banks to drive India’s development goals by 2047, emphasizing the need for security in digital banking.

Finance Minister Nirmala Sitharaman urges banks to drive India’s development goals by 2047, emphasizing the need for security in digital banking.

Union Finance Minister Nirmala Sitharaman emphasized the vital role of the banking sector in transforming India into a developed nation by 2047 during a recent event celebrating the 90th Foundation Day of the Bank of Maharashtra. She highlighted the need for banks to support infrastructure growth, provide targeted funding for MSMEs, and include unbanked populations ...

Market News

Nirmala Sitharaman launched the NPS Vatsalya scheme, empowering parents to secure their children’s future through pension savings.

Nirmala Sitharaman launched the NPS Vatsalya scheme, empowering parents to secure their children’s future through pension savings.

Union Finance Minister Nirmala Sitharaman recently launched the NPS Vatsalya scheme, aimed at helping parents save for their children’s futures through a pension account. Parents can subscribe online or visit their bank or post office, starting with a minimum investment of Rs 1,000, followed by an annual contribution of Rs 1,000. This scheme allows children ...

Market News

MK Stalin Slams Sitharaman for ‘Shameful’ Treatment of Businessman, Sparking GST Controversy and Public Outcry

Tamil Nadu Chief Minister MK Stalin has condemned Union Finance Minister Nirmala Sitharaman for her behavior towards a Coimbatore businessman who raised concerns about the Goods and Services Tax (GST). The businessman, D Srinivasan, owner of Sri Annapoorna restaurant, was seen in a viral video apologizing to Sitharaman after discussing the complexities of GST on ...

Market News

Union Finance Minister Nirmala Sitharaman announces GST relief for automotive, advertising, data hosting, and exporters, boosting growth and competitiveness.

Union Finance Minister Nirmala Sitharaman announces GST relief for automotive, advertising, data hosting, and exporters, boosting growth and competitiveness.

The Union Finance Ministry recently provided relief to several industries, including automotive, data hosting services, and advertising agencies that work with foreign clients. One key circular clarified that demo vehicles used by dealers for test drives can still qualify for GST deductions, as they support vehicle sales. Another circular recognized data hosting services provided by ...

Market News

Finance Minister Nirmala Sitharaman announces key GST reforms, including a GoM to reduce insurance taxes and lower rates on cancer drugs.

Finance Minister Nirmala Sitharaman announces key GST reforms, including a GoM to reduce insurance taxes and lower rates on cancer drugs.

During the 54th GST Council meeting, Union Finance Minister Nirmala Sitharaman announced the formation of a Group of Ministers (GoM) to evaluate the GST rates for life and health insurance. This GoM will be led by Bihar Deputy Chief Minister Samrat Choudhary and is expected to submit its report by the end of October 2024. ...

Market News

The GST Council meeting, chaired by Nirmala Sitharaman, tackles crucial tax issues, including health insurance exemptions and online gaming regulations.

The GST Council meeting, chaired by Nirmala Sitharaman, tackles crucial tax issues, including health insurance exemptions and online gaming regulations.

The GST Council, led by Finance Minister Nirmala Sitharaman, is set to address key issues, including the taxation of insurance premiums and online gaming fees. A major focus will be whether to reduce the current 18 percent GST on health insurance or exempt senior citizens from this tax. The council’s discussions will also cover revenue ...

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