Tag: Finance Minister Nirmala Sitharaman

In her maiden Budget on Friday, Finance Minister Nirmala Sitharaman was seen stressing more on tackling the loopholes in the economy through incremental steps rather than just opting for the announcement route, but the announcement didn’t bring any cheer for the lakhs of Central government employees who were expecting hike in minimum pay beyond the […]

New Delhi: In what suggests change in power equation in the Modi 2.0 government, Road Transport and Highways Minister Nitin Gadkari would not be part of the reconstituted ministerial panel on Air India which will decide the national carrier’s privatization. Home Minister Amit Shah will head the panel with Finance Minister Nirmala Sitharaman, Commerce and […]

New Delhi: A Bill to tackle menace of illicit deposits and another that provides a mechanism for social, economic and educational empowerment of transgenders were introduced in Lok Sabha on Friday. The Banning of Unregulated Deposit Schemes Bill, 2019 was introduced by Finance Minister Nirmala Sitharaman. The Bill will replace the Banning of Unregulated Deposit […]

Amid all the confusion and expectations for a further hike in the minimum pay of the Central government employees, against what they are getting under the recommendations of the 7th Pay Commission, here comes a good news for them. According to reports, the Modi government has accepted the recommendations of the 7th Pay Commission on […]

The Central government employees, who have been demanding a further hike in the minimum pay in the basic pay against the 7th Pay Commission recommendation, seems to have some good news in the offing for this month, August. The Central government employees are now waiting for the hike in Dearness Allowances (DA). The CG employees […]

Bhubaneswar/New Delhi: The Central government employees, who are still waiting for a hike in the minimum pay beyond the 7th Pay Commission recommendations, are likely to get some good news ahead of Dussehra. If reports are any thing to go by, the Narendra Modi government may considered the long-standing demand of the CG employees soon. […]

While the lakhs of Central government employees still waiting for the day when the Centre will come up with an announcement related to a hike in their minimum pay which they have been demanding since long, media reports are there that the employees in government banks will get a hike in salary soon. According to […]

New Delhi: Finance Minister Nirmala Sitharaman has got loads of support from the Union Cabinet and her party on the steps announced by her to combat the economic slowdown in the country. Prime Minister Narendra Modi gave a thumbs up to the announcements tweeting: “The measures announced by Finance Minister Nirmala Sitharaman will facilitate ease […]

New Delhi: In what could be a big bonanza ahead of the festive season, the Central Government has approved promotion of officers under the Indian Defence Accounts Service (IDAS). A recent government notification has stated about the approval of promotion of SAF officers to the grade of Principal Controller of Defence Accounts (PCDA). The promotion […]

New Delhi: The liberal FDI regime is expected to attract foreign players to invest in the country which is facing a slowdown. Seeking to make India more attractive FDI destination globally, Sitharaman had said that government would examine suggestions of further opening up of FDI in aviation, media (animation) and insurance sectors in consultation with […]

New Delhi: A government constituted Direct Tax Code task force, headed by CBDT member Akilesh Ranjan, is arguing for a new tax regime for individuals. It has proposed dramatic changes to the Income Tax Act, which dates back 58 years. People earning between Rs 5 lakh and Rs 10 lakh per year may have to […]

Chennai: Finance Minister Nirmala Sitharaman on Sunday said that the government is consulting several sectors of the economy and the recent announcement are result of such consultations. Speaking to reporters here days after the mega bank mergers, Sitharaman said that she was ready to talk to representatives of every sector whoever approached her. She said […]

New Delhi: With a focus on completing construction of unfinished units, the government on Saturday opened a special window of Rs 10,000 crore fund to provide last mile funding for housing projects which are non-NPA and non-NCLT and are net worth positive in affordable and middle income category. The government will also relax the ECB […]

Mumbai: Domestic equity benchmark BSE Sensex rebounded over 100 points in early session on Friday, driven by by gains banking, auto and IT stocks amid positive domestic and global cues. The 30-share index was trading 119.27 points, or 0.33 per cent, higher at 36,212.74 at 0930 hours, while the broader Nifty rose 23.90 points, or […]

New Delhi: Finance Minister Nirmala Sitharaman on Friday said the ministries have cleared most of the dues of goods and services to suppliers, mostly MSMEs, and the remaining payments will be done in the next few days. The minister also said that ministries have been asked to provide detailed capital expenditure plans for the next […]