New Delhi: Finance Minister Nirmala Sitharaman has clarified that the increase in GST from 12 per cent to 18 per cent on the sale of second-hand EVs will apply only to business entities involved in the resale of used electric vehicles. This increase in GST does not apply to individuals selling second-hand electric vehicles. During … Read more
New Delhi: Andhra Pradesh Chief Minister N Chandrababu Naidu called on the Prime Minister and met with several cabinet ministers to further projects in his state. ET Year-end Special Reads Union Minister Ashwini Vaishnaw visited Naidu at his residence in the national capital. In his discussion with Vaishnaw, Naidu discussed the South Coast Railway (SCoR) … Read more
Last Updated:December 21, 2024, 23:14 IST With regard to the decision taken about GST rate on goods, Finance Minister Nirmala Sitharaman said, the Council has decided to cut the rate on fortified rice kernel (FRK) to 5 per cent. Union Finance Minister Nirmala Sitharaman (File photo: PTI) In a significant move to plug leakage, the … Read more
The 55th meeting of the GST Council, chaired by Finance Minister Nirmala Sitharaman and comprising state counterparts, is likely to discuss rate rejig in about 148 items, besides, it will also deliberate on bringing Aviation Turbine Fuel (ATF), a major component for airline industry’s operation cost, in the Goods and Services Tax (GST) fold. The … Read more
55th GST Council Meeting Today Live: The GST Council meeting on Saturday discussed various issues related to goods and services tax (GST) on Saturday. The decisions of the 55th GST Council meeting, which has been ended, will be officially announced by Finance Minister Nirmala Sitharaman shortly. However, according to reports citing sources, the Council has … Read more
New Delhi: NITI Aayog on Thursday released a comprehensive report on the crucial role of secure, affordable, flexible, and efficient (S.A.F.E.) accommodations for industrial workers in boosting India’s manufacturing sector. India is poised to elevate its manufacturing sector’s contribution to GDP from the current 17 per cent to 25 percent as part of its long-term … Read more
Last Updated:December 11, 2024, 22:36 IST Nirmala Sitharaman on Wednesday termed the allegation of Leader of Opposition (LoP) Rahul Gandhi against state-owned banks as an insult to the hardworking employees. Union Finance Minister Nirmala Sitharaman (File photo: PTI) Finance Minister Nirmala Sitharaman on Wednesday termed the allegation of Leader of Opposition (LoP) Rahul Gandhi against … Read more
Nirmala Sitharaman during heated discussion in Lok Sabha on Banking Laws (Amendment) Bill, 2024 said that she was mocked in the streets of Tamil Nadu for wanting to learn Hindi. “They (opposition) are opposed to Hindi imposition. I was mocked for wanting to learn Hindi in the streets of Tamil Nadu,” said the Finance Minister. … Read more
Finance Minister Nirmala Sitharaman on Saturday urged women to come forward and take benefits of central schemes to make them more capable and empowered. She was speaking at a credit outreach programme held in Madhubani, where loans to the tune of Rs 1,121 crore were provided to 50,294 beneficiaries by various banks. “Our Prime Minister … Read more
The Reserve Bank of India has asked banks to look at formulating a standard protocol for vehicle seizures in loan default cases. This follows representations highlighting issues faced by transporters, including forceful seizure of vehicles along with onboard cargo. “Banks, internally, have advised their recovery teams to strictly follow all existing guidelines by the RBI … Read more
