NPS Vatsalya is a specialised variant of the National Pension System (NPS) tailored for minor children. Parents can subscribe to NPS Vatsalya online or visiting a bank or post office. Finance Minister Nirmala Sitharaman on Wednesday launched the NPS Vatsalya scheme, which will allow parents to save for their children’s future by investing in a … Read more
2 min read Last Updated : Sep 08 2024 | 8:12 PM IST Delhi Finance Minister Atishi on Sunday said she will raise the issue of imposition of GST on research grant procured by educational institutions in the 54th GST Council meeting. Addressing a press conference, the minister said, “The (central) government has reduced … Read more
New Delhi: Finance Minister Nirmala Sitharaman on Saturday said that there was some uncertainty in India’s textiles and garments sector following the political turmoil in Bangladesh but it was too early to say what the overall impact on the economy would be. She said that Indian businessmen have made investments in Bangladesh in good faith … Read more
Parliamentary approval for the Budget 2024-25 was completed on Thursday with the Rajya Sabha returning the relevant legislations to the Lok Sabha after Finance Minister Nirmala Sitharaman’s spirited reply to the debate emphasising Budget was aimed at promoting investments and creating jobs. The Rajya Sabha returned the Appropriation Bill and the Finance Bill to the … Read more
The Budget, presented on July 23, had proposed a lower 12.5 per cent rate of LTCG tax, down from 20 per cent, while doing away with the indexation benefit. Replying to a debate on the Finance Bill, Finance Minister Nirmala Sitharaman said the rollover benefit will be available to taxpayers who buy new immovable property … Read more
Lok Sabha member Mahua Moitra on Tuesday hit out at Finance Minister Nirmala Sitharaman, saying she has made a mockery of the people of India in the budget by doing absolutely nothing and whatever little changes are there are regressive and ill thought of. Speaking in the Lok Sabha, Moitra criticised the budget for failing … Read more
Finance minister Nirmala Sitharaman on Monday told the Lok Sabha that the government is closely monitoring any harassment of borrowers during loan recovery and is willing to hear any cases that come up. The finance minister made this observation in her reply on the loans sanctioned under MUDRA Scheme, where she stated that the non … Read more
The Serious Fraud Investigation Office (SFIO) is carrying out a detailed probe into the matter related to the Sahara group companies and further action will be taken after its report, Union Finance Minister Nirmala Sitharaman said in the Lok Sabha on Monday. To a query on why all investors of the Sahara group companies have … Read more
New Delhi: Finance Minister Nirmala Sitharaman is not a “trained economist” and the Budget presented by her was based on notes received from the Prime Minister’s Office as she has “no original ideas”, Trinamool MP Saugata Roy claimed on Thursday. Participating in a debate on the Union Budget, the TMC MP said the Budget for … Read more
The budget addressed the main demands of the Telugu Desam Party (TDP), a critical member of the ruling NDA at the Centre, as it promised a loan of ₹15,000 crore for developing Amaravati as the state capital, financing and early completion of Polavaram dam as well as grants for backward districts of the state.Andhra Pradesh … Read more
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