The country’s GDP or gross domestic product contracted a record 23.9% in the April-June perio Finance Minister Nirmala Sitharaman announced on Monday two special plans for government personnel in a bid to boost consumer demand: a cash voucher related to the travel concession and an advance for the festival. The …
Read More »Nirmala Sitharaman: Festival Preview, Cash Vouchers, More: How the Government Plans to Boost Consumer Demand | India Business News
NEW DELHI: Union Minister of Finance Nirmala Sitharaman on Monday he announced a series of measures to central government employees as part of its plan to increase consumer spending to stimulate demand in the economy. “There are signs that the savings of government and organized sector employees have increased, we …
Read More »LTC Cash Coupon Scheme – Everything You Need To Know About It
Union Finance Minister Nirmala Sitharaman addressed a press conference on Monday ahead of the Goods and Services Tax (GST) Council meeting that she is scheduled to chair today at 4pm. Sitharaman announced proposals on consumer spending and capital spending. On consumer spending, he announced proposals in two components: the LTC …
Read More »FM Sitharaman addresses the media on economic issues
India’s fight against the pandemic was more difficult because the country was already bearing the brunt of a prolonged slowdown. Nirmala Sitharaman LIVE: Finance Minister Nirmala Sitharaman announced today that government employees can take advantage of the cash voucher for LTC if they are unable to travel due to the …
Read More »FM presents proposals to stimulate demand in the economy
Finance Minister Nirmala Sitharaman addresses the media on key economic issues. Earlier this month, Finance Minister Sitharaman said the revival of the economy after the Covid shutdown was clearly visible and that the indicators looked positive. This view was also shared by the Reserve Bank of India Shaktikanta Das last …
Read More »Eight GST Board Decisions to Impact Businesses: EY
The Goods and Services Tax Council (GST) on Monday was unable to resolve the compensation issue and postponed the matter for the next meeting to be held on October 12. However, the Council made other decisions that will have an impact on companies. Consulting firm EY India summarizes the other …
Read More »Nirmala Sitharaman destroys Congress on MSP to farmers
“The MSP is there, it was there and it will continue to be there,” said Finance Minister Nirmala Sitharaman. Chennai: Union Finance Minister Nirmala Sitharaman today launched a veiled attack on Congress regarding the new agricultural laws, saying that those who did not even provide a Minimum Support Price (MSP) …
Read More »GST Board decides to extend compensation cessation beyond June 2022: Sitharaman
“Cessation of compensation collection will extend beyond the five-year transition period, that is, beyond June 2022, for as long as is necessary to fill the income gap. More details for work,” said the ministry in a statement. While 21 states, mostly governed by the Bhartiya Janata Party or parties that …
Read More »Nirmala Sitharaman: Rs 20,000 crore compensation to be disbursed to states | India Business News
NEW DELHI: Union Minister of Finance Nirmala Sitharaman on monday he said 20 billion rupees compensation process it will be disbursed to the states. The Center grants a termination of compensation to states for loss of income. The Minister of Finance while addressing the media after the 42nd meeting of …
Read More »GST Deadlock Continues, Center Says Money Will Release Tonight
Finance Minister Nirmala Sitharaman attended the 42nd meeting of the GST Council on Monday evening (Archive) New Delhi: The GST compensation due to state governments for this year, about Rs 20 billion, will be released tonight, Finance Minister Nirmala Sitharaman said on Monday after a marathon meeting of the 42nd …
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