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Nirmala Sitharaman News

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Nirmala Sitharaman
03 Aug 2022
Do you need to pay GST on withdrawing of cash from bank, GST on cheque books?
The ongoing monsoon session of Parliament has witnessed several disruptions by the opposition after GST was imposed on several pre-packed and labelled essential items.
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OPPO India
03 Aug 2022
Oppo, Vivo, Xiaomi served notices for duty evasion: FM informs Rajya Sabha
A show-cause notice demanding Rs 4,403.88 crore has been served to Oppo Mobiles India Ltd based on an investigation conducted by the DRI, while five cases of Customs duty evasion have been registered against Xiaomi Technology India, Sitharaman said in a written reply.
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Nirmala Sitharaman
02 Aug 2022
Govt adopting targeted approach to tame inflation, says FM Sitharaman
Sitharaman stressed that the fundamentals of the Indian economy are strong. FM Sitharaman said that both the government and the Reserve Bank are taking steps to bring down inflation below 7 per cent.
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Nirmala Sitharaman
01 Aug 2022
‘Indian economy will not get into recession…’: Nirmala Sitharaman on inflation
Sitharaman also stated that the debate over rising prices is more political in nature than data-driven. Edible oil prices have also fallen considerably as a result of the government's actions.
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Nirmala Sitharaman
28 Jul 2022
Sitharaman slams Chowdhury for calling Murmu 'rashtrapatni', seeks apology
"I inadvertently used the word 'rashtrapatni' just once and it was a slip of the tongue. I never meant any disrespect to the president," Congress leader Adhir Ranjan Chowdhury said.
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Nirmala Sitharaman
26 Jul 2022
HUGE amount of black money brought to tax, FM Nirmala Sitharaman discloses
In a written reply in the Lok Sabha, Finance Minister Nirmala Sitharaman said in the cases related to deposits made in unreported foreign bank accounts in HSBC, undisclosed income of more than Rs 8,468 crore have been brought to tax and penalty of over Rs 1,294 crore has been levied.
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Goods and Services Tax
19 Jul 2022
FM tweets list of items that will not attract any GST when sold loose
FM Sitharaman said,  recently, the GST Council in its 47th meeting recommended to reconsider the approach for imposition of GST on specified food items like pulses, cereals, flour, etc. There have been a lot of misconceptions about this that have been spread.
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Presidential Election 2022
18 Jul 2022
Dedication or greed! Covid+ Nirmala Sitharaman's PIC at Prez voting goes viral
The G20 Finance Ministers and Central Bank Governors, met in Bali on 15-16 July 2022, for the third time under the Indonesian G20 Presidency. The meeting was attended by G20 members, invited countries (including Ukraine), and international and regional organizations.
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Nirmala Sitharaman
14 Jul 2022
Need for blended finance, leveraging private capital to achieve SDGs: FM
Need for blended finance and leveraging private capital to achieve SDGs India to promote renewable energy and innovative policies Nirmala Sitharaman emphasized the Panchamrit strategy to tackle climate change
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Nirmala Sitharaman
01 Jul 2022
Centre to review export, windfall oil tax every fortnight: FM
The government on Friday slapped an export tax on petrol, diesel and jet fuel (ATF). Sitharaman said that currently, India is facing difficulty in getting crude oil from abroad at an affordable price.
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finance minister Nirmala Sitharaman
30 Jun 2022
Rupee relatively better placed than other global currencies against dollar: FM
She was responding to a question on the movement of rupee against the dollar. The rupee breached the psychologically significant level of 79 per dollar level for the first time ever on Wednesday.
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GST Council meet
29 Jun 2022
GST Council meet: States' compensation, 28% tax on casinos to be discussed
The Day-2 will see deliberations on more vexed issues like compensation to states beyond June 2022. The GoM has recommended that online gaming should be taxed at full value of the consideration.
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GST Council meet
28 Jun 2022
GST Council meet: States' compensation, tax tweaks on cards
Further, the meeting of the Council, chaired by the Union Finance Minister Nirmala Sitharaman and comprising state counterparts, will also clear levying the highest tax of 28 per cent on online games, casinos and horse racing, besides, measures to curb tax evasion, especially devising ways to tackle high-risk taxpayers in GST.
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GST Council meet
27 Jun 2022
GST Council Meet: Rate Changes on some items, states compensation top agenda
The 47th meeting of the GST Council, headed by Union Finance Minister Nirmala Sitharaman and comprising representatives of all states and UTs, is scheduled for June 28-29. The Council is meeting after a gap of six months.
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Nirmala Sitharaman
22 Jun 2022
FM Sitharaman assures 'fullest support' for Sri Lanka's economic recovery
FM Sitharaman has assured Sri Lanka of her 'fullest support' for its recovery from the ongoing economic crisis Sri Lankan High Commissioner Milinda Moragoda also met with 15 European envoys based in New Delhi
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Rajya Sabha Elections 2022
10 Jun 2022
Rajya Sabha Polls 2022: BJP wins 3 seats in Karnataka, Congress bags 1
All three BJP candidates - Union Finance Minister Nirmala Sitharaman, actor-turned-politician Jaggesh and Lehar Singh Siroya won the polls. Congress leader Jairam Ramesh too won the polls.
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Nirmala Sitharaman
10 Jun 2022
‘Disinvestment not for shutting down public firms,’ says FM Sitharaman
She noted that the principle of disinvestment is to make sure that privatised companies are in the right hands. The government has also lined up over half a dozen companies for strategic sale. So far, the government has mopped up over Rs 24,000 crore from CPSE disinvestment.
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Nirmala Sitharaman
06 Jun 2022
Covid orphan receives Rs 29 lakh loan recovery notice, FM swings into action
Notice to teenage Covid orphan. Notice over repayment of loans worth Rs 29 lakh. Teenage's father was an LIC agent.
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Jammu and Kashmir
02 Jun 2022
BJP outreach programme: Rajnath, Nirmala, other Union ministers to visit J&K
Rajnath Singh will reportedly visit J&K on June 17. The visit of the Union Ministers come as part of BJP's outreach programme in J&K. As per sources, J&K elections can be held in next six months.
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Sri Lanka
28 May 2022
FM Sitharaman, Sri Lankan High Commissioner to India discuss economic crisis
Finance Minister Nirmala Sitharaman met with the Sri Lankan High Commissioner to India Milinda Moragoda The 37th Board Meeting of the India-Sri Lanka Foundation was also held on Friday in New Delhi






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