Share List TLI Staff New Delhi: Finance Minister Nirmala Sitharaman presented the Union Budget 2021-22 in Lok Sabha today. As expected, health, infrastructure, and othe social sectors were the key focus areas in the budget. Budget also renewed thrust on privatisating PSUs Here is the full speech of FM Nirmala Sitharaman:Continue Reading
Share List TLI Staff New Delhi: Hours before an action-packed Monday when Finance Minister Nirmala Sitharaman will present Union Budget 2021, speculations are running high over levying a Covid cess on the super-rich. The imposition of cess is being seen as the best choice to bridge the revenue deficit. TheContinue Reading
Share List TLI Staff New Delhi: Secrecy around Budget always keeps people guessing but PM Modi’s remark that the upcoming Budget should be seen in continuation with past stimulus packages after Finance Minister Nirmala Sitharaman’s promise of ‘never before’ budget has left many industry veterans perplexed. “We have our wishContinue Reading
Share List Nirbhay Kumar New Delhi: The Economic Survey tabled in Parliament today by Finance Minister Nirmala Sitharaman has projected a 11% GDP growth in FY22 amid signs of recovery after Coronavirus upheaval that battered most sectors in the last one year. “After an estimated 7.7% pandemic-driven contraction in 2020-21,Continue Reading
Share List TLI Staff New Delhi: The GST Council chaired by Finance Minister Nirmala Sitharaman could decide the process of registration, filing of returns and statement for outward supplies among others by companies facing bankruptcy proceedings. In its 39the meeting on Saturday, the Council is likely to approve a draftContinue Reading
Share List TLI Staff New Delhi: The Ministries of Finance and Law have given their concurrence to privatization of another six Airports Authority of India (AAI)-run airports thus paving the way for bidding them out in the next few months. The six airports proposed to be leased out on PPPContinue Reading
Share List TLI Opinion New Delhi: If disposing a contentious issue with consensus is the main quality of a leader, Union Finance Minister Nirmala Sitharaman scores very poor on the attribute. The Goods and Services Tax Council, the all-powerful body under the new indirect tax regime, with Union Finance MinisterContinue Reading
Share List TLI Staff New Delhi: Weeks ahead of presenting her second Union Budget and perhaps in the light of the most challenging economic situation, Finance Minister Nirmala Sitharaman is set to kick off stakeholder consultation from Monday. The Minister would meet the top captains of the “New Economy” comprisingContinue Reading
Share List TLI Staff New Delhi: As many as eight prominent members of the Rajya Sabha from across the political parties this week questioned the Modi government’s privatization overdrive but Union Finance Minister Nirmala Sitharaman chose to respond to none suggesting the move is either bereft of merits or itContinue Reading
Share List TLI staff Offering a bunch of concessions to boost sagging economy, the Modi 2.0 government has announced lower 15% corporate tax for new domestic companies making fresh investment in manufacturing sector. Companies registered on or after October 1, 2019 would be eligible for the concessional income tax rateContinue Reading