Starting today, Finance Minister Nirmala Sitharaman will begin the customary pre-Budget consultation exercise, during which she will seek inputs from various stakeholders including industry bodies, farmer organisations and economists for reviving consumption and boosting growth. Continue Reading
Tamilnadu-based City Union Bank celebrated its 116th Foundation Day here. The event saw the participation of Finance Minister, Nirmala Sitharaman and MD and CEO of City Union Bank (CUB), N Kamakodi. Continue Reading
Investors can find no better place in the world than India that has a democracy loving and capitalist respecting environment, Union Finance Minister Nirmala Sitharaman has said. Continue Reading
The US’ corporate sector has lauded the Indian government for substantially slashing the income tax rate to 25.17 per cent, saying the move will reverse the economic slowdown and allow global companies a “good option” for growing their manufacturing base in the country.
In a major fiscal booster, the government today slashed effective corporate tax to 25.17 per cent inclusive of all cess and surcharges for domestic companies.
The government today issued an ordinance to ban e-cigarettes, making the production, import, export, transport, sale or advertisements of such ”alternative” smoking devices a cognizable offence attracting jail term and fine. Continue Reading
The government today announced a Rs 10,000 crore special window to provide last-mile funding for completion of ongoing housing projects which are not NPAs or facing bankruptcy proceedings under NCLT. Continue Reading
Telugu Desam Party president N Chandrababu Naidu on Tuesday requested Union Finance Minister Nirmala Sitharaman to continue the name of Andhra Bank if its amalgamation with other banks was inevitable. Continue Reading
Finance Minister Nirmala Sitharaman allayed fears of job losses following the proposed merger of public sector banks, saying not even one employee shall be removed following the amalgamation. Continue Reading