New Delhi: India has taken yet another step towards building a credible strategic oil reserve by extending tax breaks to the Indian Strategic Petroleum Reserves Ltd (ISPRL) on income generated while replenishing oil stock in storage facilities. The Budget proposals presented by Finance Minister Nirmala Sitharaman in Parliament on Saturday has exempted tax on any […]
New Delhi: Insurance cover on bank deposits has been increased to Rs 5 lakh from Rs 1 lakh effective Tuesday, the Reserve Bank of India (RBI) said in a statement. The cover is provided by the Deposit Insurance and Credit Guarantee Corporation (DICGC), a wholly-owned subsidiary of the RBI. This, the RBI said, has been […]
New Delhi: Finance Minister Nirmala Sitharaman on Saturday said the government is monitoring farm credit given by banks in rural areas, adding that she expects to meet the increased target of Rs 15 lakh crore for the next fiscal. The government in Budget 2020-21 has raised the farm loan disbursal target by 11 per cent […]
New Delhi: The Confederation of All India Traders (CAIT) here on Sunday wrote to Finance Minister Nirmala Sitharaman on the possibility of spread of coronavirus through currency notes and urged her to take the required steps. It also urged the government to introduce policies for promoting alternative modes of payment and look at the possibilities […]
New Delhi: Union Finance Minister Nirmala Sitharaman today announced the extension of the deadline for filing income tax returns and Goods and Services Tax- GST returns till June 30. Furthermore, the government has reduced charges for digital trade transactions and ATM cash withdrawals to promote online financial transactions at the time of the COVID-19 pandemic. […]
New Delhi: With the goal of enhancing digital infrastructure, deploying e-governance and e-services and make the nation digitally empowered, Prime Minister Narendra Modi had launched Digital India. But, amid the nationwide lockdown to curb the spread of COVID-19 disease in the country, the initiative faces the biggest challenge. COVID-19 lockdown has created an unprecedented situation. […]
New Delhi: The Finance Ministry on Friday released Rs 17,287 crore to states including Rs 802 crore for Odisha to enhance their financial resources during the COVID-19 (Coronavirus) crisis. Of this amount, Rs 11,092 crore is towards State Disaster Response Mitigation Fund (SDRMF) to all states. An amount of Rs 6,195 crore has been released […]
New Delhi: Finance Minister Nirmala Sitharaman on Thursday said the Indian economy is witnessing a strong recovery after a long and strict lockdown. Addressing a press conference to announce more stimulus measures to boost growth, she said macro-economic indicators are pointing towards recovery. COVID-19 active cases have declined from over 10 lakh to 4.89 lakh […]
New Delhi: Finance Minister Nirmala Sitharaman on Thursday announced a new job creation scheme by giving subsidy to those establishments that make new hires. The subsidy would be to cover for retirement fund contributions by employees as well as employers for two years, she said. Employees contribution (12 per cent of wages) and employer’s contribution […]
New Delhi: Finance Minister Nirmala Sitharaman on Thursday announced tax relief on select home sale deals, enhanced credit guarantee programme for small businesses and provide incentives for new job creation as the government widened stimulus measures to boost the economy. The measures, that also include additional fertiliser subsidy and already announced production-linked inventive scheme for […]
New Delhi: Finance Minister Nirmala Sitharaman on Thursday announced a Rs 900 crore grant to the Department of Biotechnology for COVID-19 vaccine research. “We are providing Rs 900 crore for research and development of COVID-19 vaccine. This is being provided for covid suraksha mission, purely for R&D but this money goes to Department of Biotechnology […]
Bhubaneswar: Since Independence, the country has seen a total of around 75 budgets, including interim budgets. The Union Finance Minister Nirmala Sitharaman will be presenting the 76th Union Budget on Monday. Here is a glance at the History of Union Budget In India. When rewinding to Pre-independence India, the fact emerges out is the first […]
New Delhi: Indian cricket team’s “spectacular” Test series victory in Australia found a mention in Union Finance Minister Nirmala Sitharaman’s Budget 2021-22 Speech in the Parliament on Monday. “I can’t help but recall the joy that we as a cricket-loving nation felt after the Team India’s recent spectacular success in Australia,” Sitharaman said while she […]
By Navneet Mishra New Delhi: Union Finance Minister Nirmala Sitharaman presented the General Union Budget of 2021 on Monday. The ruling BJP hopes that this Budget would provide relief to the rural poor, farmers and the middle class facing the wrath of the coronavirus pandemic. The BJP is hopeful that there would be several major […]
New Delh: Finance Minister Nirmala Sitharaman on Monday proposed to unleash a massive fiscal expansion in 2021-22 to revive India’s pandemic-battered economy. Accordingly, she proposed to increase the capital expenditure by 34 per cent in Budget 2021-22 in comparison to the previous fiscal BE (Budget Estimate). She presented the Budget in Parliament at 11 a.m. […]
Copyright © 2024 - Odisha Television Limited All Rights Reserved.
LIVE TV
