Photo: Business Standard
Electronic Gadgets Becomes Cheap With GST Reduction: Union Finance Ministry
Union Finance Minister Nirmala Sitharaman announced relief for citizens, especially those planning to purchase home appliances and gadgets. On July 3, the Goods and Services Tax (GST), which was implemented on July 1 and is now in its sixth year, has been cut by the government. Appliances like smart-tv, fridges, AC, washing machines and others. The Ministry of Finance took to Twitter and announced the same officially.
Tags: union ministry, FM Nirmala Sitharaman, Gadgets, Indian government
Courtesy: Jagran TV
Photo: Business Standard
Union FM Nirmala Sitharaman Says, Many Countries Interested In Bilateral Trade With India
Union Finance Minister Nirmala Sitharaman addressed Mindmine Summit 2022, and said many countries have evinced interest for bilateral trade in the rupee. The announcement and interest came after the RBI announced a mechanism recently. "It isn't the rouble-rupee which was in the old format. Now this (bilateral rupee trade) formulation, which I am glad the RBI has come up at a time which was so critical," said Nirmala Sitharaman.
Tags: FM Nirmala Sitharaman, bilateral trade, Rupee, RBI Mechanism, Countries
Courtesy: Press Trust of India
Photo: Live Mint
RBI Expressed Concern Over Cryptocurrency In India: FM Sitharaman
The FM Nirmala Sitharaman said the RBI has expressed concerns over cryptocurrencies. On July 18, Nirmala Sitharaman said, they should be prohibited as they can have a destabilising effect on monetary and fiscal stability. FM said, "In view of the concerns expressed by the RBI on the destabilising effect of cryptocurrencies on the monetary and fiscal stability of a country, the RBI has recommended for framing of legislation".
Tags: FM Nirmala Sitharaman, Cryptocurrency, RBI Policy, Prohibited, Union Govt
Courtesy: Press Trust of India
Photo: Hindustan Times
Union FM Presents Budget 2022-2023; Focuses On Women, MSMEs & Farmers
Union FM Nirmala Sitharaman, on February 1, presented the Union Budget 2022-2023. This year's budget has a main focus on women, children, infrastructure development, farmers and technology development. National Highways, medical infrastructure and startup funding for micro, small and medium enterprises are also under the budget, announced by Sitharaman. Sitharaman said, "we strive to provide a necessary ecosystem for middle class". This year… read-more
Tags: Union Budget Session, FM Nirmala Sitharaman, FY2022-2023, Women Empowerment, Infrastructure
Courtesy: NDTV
Photo: Dainik Bhaskar
Chhattisgarh CM Demands Rs 15,000 Crore For Anti-Naxal Operations
Chhattisgarh CM Bhupesh Baghel, demanded fund of Rs 15,000 crore to conduct Anti-Naxal Operations. On December 30, Baghel urged the Centre to disburse the amount for security operations in the State. In addition, during the pre-budget meeting with Union Finance Minister Nirmala Sitharaman, Baghel also demanded to release pending amount of 'additional levy' & GST payments. The demands came at a time of economic crisis amid COVID-19… read-more
Tags: Bhupesh Baghel, Chhattisgarh CM, Anti-Naxal Operations, FM Nirmala Sitharaman, Union government
Courtesy: Press Trust Of India
Photo: The Indian Express
Govt To Introduce Crypto Currency Regulatory Bill Soon: FM Sitharaman
Finance Minister Nirmala Sitharaman on November 30 said Central Government has planned to bring a bill to regulate crypto currency in India. Addressing the Rajya Sabha, the Union FM said, "I am indicating, there will not be a prohibition (on Cryptocurrency.'' Reportedly, the Union Government's bill will include a framework, regulations, and restrictions on Cryptocurrency, instead of a complete ban in India.
Tags: Cryptocurrency, FM Nirmala Sitharaman, rajya sabha, bill, parliament
Courtesy: United News of India
Photo: Business Line
Centre Plans To Prohibit Cryptocurrency As Legal Transaction In India
Union Finance Minister Nirmala Sitharaman, on November 29, said that Central Government will not accept cryptocurrency as a legal tender. She clarified that the government does not collect data on bitcoin transactions in India. Moreover, the Centre will introduce Cryptocurrency Regulation of Official Digital Currency Bill, 2021 in the Winter Parliament Session, prohibiting all cryptocurrency holders in India with certain exceptions.… read-more
Tags: Cryptocurrency, Bitcoin, Indian Govt, FM Nirmala Sitharaman, crypto bill
Courtesy: News 18
