Nirmala Sitharaman

Govt to issue OTT guidelines soon: Minister

Cabinet approves bonus for Central Govt employees, over 30 lakh to benefit

4:38 pm October 21, 2020

New Delhi: The central government on Wednesday decided to give Rs 3,737 crore as bonus to 30.67 lakh non-gazetted employees with a view to encourage spending during the festival season. The decision to give productivity-linked bonus and non-productivity-linked bonus for 2019-2020 was taken at the meeting of the Union Cabinet, Minister of Information and Broadcasting […]

Delhi-based Kashmiri scribes, over 25 people from Valley were potential spying targets: Report

No consensus on borrowing for shortfall in GST compensation cess: FM

10:55 pm October 12, 2020

New Delhi: Finance minister Nirmala Sitharaman announced on Monday that the Centre and states ended the GST (Goods and Services Tax) Council meeting without conclusion. This comes after a long-drawn feud between state governments and the Centre that remain at loggerheads regarding GST compensation. Sitharaman called it a “very useful meeting”, adding that this was […]

GST Council leaves tax rate on vaccines unchanged

Surcharge on cars, tobacco extended beyond June 2022; GST Council splits on state compensation

11:39 pm October 5, 2020

New Delhi: The GST Council on Monday decided to extend the surcharge on taxes over luxury goods such as cars, and tobacco products beyond June 2022, but failed to reach a consensus on ways to compensate states for loss of tax revenue. The panel, which decides on tax rates and structure after 17 central and […]

Oppn plans march to Vijay Chowk in solidarity with suspended RS MPs

Lok Sabha passes bill to amend companies law

11:59 pm September 19, 2020

New Delhi: Lok Sabha on Saturday passed a bill to further amend the Companies Act and decriminalise various compoundable offences as well as promote ease of doing business in the country. The Companies (Amendment) Bill, 2020 seeks to decriminalise various penal provisions, permit the direct overseas listing of Indian corporates and introduce a new chapter related to […]

More than Rs 10 lakh cr loans may avail restructuring benefit: Bankers

7:53 pm September 6, 2020

New Delhi: Banks may restructure loans of more than Rs 10 lakh crore largely attributed to 5-6 critical sectors, including aviation, commercial real estate and hospitality, that have been severely hit by the COVID-19 outbreak, according to bankers. Finance Minister Nirmala Sitharaman last week asked banks and NBFCs to roll out one-time loan restructuring scheme for COVID-19 […]