States that haven’t cut fuel taxes clocking higher inflation: Nirmala Sitharaman

States that haven’t cut fuel taxes clocking higher inflation: Nirmala Sitharaman

“If you attribute States’ inflation to the Centre, then we need a way for Centre-States’ co-operation to handle price rise” “If you attribute States’ inflation to the Centre, then we need a way for Centre-States’ co-operation to handle price rise” Emphasising that it was unfair to blame the Centre for some States’ higher price levels, […]

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Job creation, equitable income distribution our priorities, says FM Nirmala Sitharaman

Job creation, equitable income distribution our priorities, says FM Nirmala Sitharaman

The National Investment and Infrastructure Fund will be made more robust, she says The National Investment and Infrastructure Fund will be made more robust, she says Job creation and equitable income distribution are our top red-letter priorities, Finance Minister Nirmala Sitharaman said at the U.S.-India Business Council’s India Ideas Summit, on Wednesday. Inflation is also […]

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Crypto legislation can only work with global collaboration: Finance Minister

Crypto legislation can only work with global collaboration: Finance Minister

Finance Minister Nirmala Sitharaman’s statement in Parliament signals law on cryptocurrencies may be off the table for now Finance Minister Nirmala Sitharaman’s statement in Parliament signals law on cryptocurrencies may be off the table for now The Reserve Bank of India has recommended a ban on cryptocurrencies citing ‘destabilising effects’ for the country’s monetary and […]

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Allow India to export foodgrains from public stock to needy nations: FM Nirmala Sitharaman to World Trade Organization

Allow India to export foodgrains from public stock to needy nations: FM Nirmala Sitharaman to World Trade Organization

Finance Minister Nirmala Sitharaman was speaking at a seminar on ‘Strengthening global collaboration for tackling food insecurity’ on sidelines of the third G20 Finance Ministers and Central Bank Governors meeting in Bali, Indonesia. Finance Minister Nirmala Sitharaman was speaking at a seminar on ‘Strengthening global collaboration for tackling food insecurity’ on sidelines of the third […]

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India’s long-term growth prospects embedded in public capital expenditure programmes: FM Nirmala Sitharaman

India’s long-term growth prospects embedded in public capital expenditure programmes: FM Nirmala Sitharaman

Finance Minister Nirmala Sitharaman while attending the third G20 Finance Ministers and Central Bank Governors meeting hosted by Indonesia in Bali, said evidence-based policy making is vital for resilient economic systems. Finance Minister Nirmala Sitharaman while attending the third G20 Finance Ministers and Central Bank Governors meeting hosted by Indonesia in Bali, said evidence-based policy […]

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Government to review oil export tax based on forex rate, oil prices every fortnight

Government to review oil export tax based on forex rate, oil prices every fortnight

Centre to monitor moves but has set no levels for rolling back windfall tax: Bajaj Centre to monitor moves but has set no levels for rolling back windfall tax: Bajaj The government will review the just introduced windfall tax on domestically produced crude oil and fuel exports every two weeks based on foreign currency rates […]

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Govt to review new taxes levied on crude, diesel, ATF every fortnight, says Nirmala Sitharaman

Govt to review new taxes levied on crude, diesel, ATF every fortnight, says Nirmala Sitharaman

A ₹6 per litre tax on export of petrol and ATF and ₹13 per litre tax on export of diesel is effective from July 1. A ₹6 per litre tax on export of petrol and ATF and ₹13 per litre tax on export of diesel is effective from July 1. Finance Minister Nirmala Sitharaman on […]

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Extending PM-GKAY beyond September not advisable on fiscal ground: Expenditure Dept.

Extending PM-GKAY beyond September not advisable on fiscal ground: Expenditure Dept.

It said the high food security cover has already “created a serious fiscal situation” and is not needed in non-pandemic times. It said the high food security cover has already “created a serious fiscal situation” and is not needed in non-pandemic times. The free food grain for poor scheme PM-GKAY should not be extended beyond […]

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