Centre Reduces Excise Duty On Petrol By ₹9.5 Per Litre & Diesel By ₹7 Per Litre
Union finance minister Nirmala Sitharaman said on May 21 that the Centre has chosen to decrease the national excise duty on petrol by ₹8 per litre and diesel by ₹6 per litre. The measure would lower the price of petrol by ₹9.5 per litre and diesel by ₹7 per litre. "It will have a revenue implication of around ₹1 lakh crore per year for the government," finance minister said.
Tags: Petrol, Diesel, central excise duty, Union Finance Minister, Nirmala Sitharaman
Courtesy: Hindustan times
RBI & Union Ministry On Same Page, Working With Harmony: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman, on February 14, dismissed rumours of conflict with the RBI. In a statement, Sitharaman said, "With RBI & Ministry, not just on crypto but every other thing as well, I think there's complete harmony". Notably, the statement came after rumours of disagreement over legalisation of crypto currency in India. Backing the statement up, RBI Governor Shaktikanta Das said, matter is being discussed… read-more
Tags: Union Finance Minister, Nirmala Sitharaman, Reserve bank of India, SHAKTIKANTA DAS, Cryptocurrency
Courtesy: One India
RBI Governor Asks Cryptocurrency Investors To Invest At 'Own Risk'
Taking a strong opposition on digital "crypto currency", RBI Governor Shaktikanta Das, on February 10, said, "Private crypto currency or whatever name you call is a big threat to our macroeconomic stability and financial stability". Furthermore, the RBI Governor asked investors to be careful and said, "Investors in crypto currency should keep in mind that they are investing at their own risk". Meanwhile, Government is yet to announce the… read-more
Tags: SHAKTIKANTA DAS, RBI GOVERNOR, Cryptocurrency, Union Finance Minister, Finances
Courtesy: NDTV Profit
Union FM Concludes Pre-Budget Meeting For 2022-2023 Union Budget
Nirmala Sitharaman, the Union FM, on December 22, concluded the 2022-2023 pre-budget meeting. The meeting started from December 15 to 22, witnessed stake holders, business experts, agriculture sector people and over 120 invitees. There were a total of 8 sittings of meeting, which were held virtually. During the meeting, Sitharaman took suggestions from the stake holders and reviewed financial situation of the nation, according to which budge… read-more
Tags: Nirmala Sitharaman, FY2022-2023, Union Finance Minister, Government of India
Courtesy: ANI