Nirmala Sitharaman

P Chidambaram Slams Finance Minister, Says GST Dues Not Given To All States

India News | Press Trust of India | Wednesday June 16, 2021

Senior Congress leader P Chidambaram on Wednesday said Finance Minister Nirmala Sitharaman is "wrong" in claiming that GST dues of states have been cleared and cited the example of Congress-ruled Rajasthan, Punjab and Chhattisgarh.

Finance Ministry To Meet With Infosys Over New Income-Tax Portal Glitches

India News | Reported by Sunil Prabhu, Edited by Harish Pullanoor | Tuesday June 15, 2021

Finance Ministry officials will meet an Infosys team next Tuesday to sort out the matter of glitches in the new income-tax portal developed by the technology giant. Inputs from various stakeholders have been invited ahead of the interaction.

GST Concessional Rate On COVID Supplies Valid Till September 30: Finance Ministry

Business | Edited by Nikita Prasad (With inputs from Agencies) | Tuesday June 15, 2021

On June 12, the GST Council, chaired by the Finance Minister, reduced the tax rates on most COVID supplies and declared that no tax will be levied on medicines for treating Black fungus.

Covid-19: GST On Ambulances Reduced From 28 Per Cent To 12 Per Cent

Written by Shams Raza Naqvi | Monday June 14, 2021

The GST Council in its meeting has decided to reduce rates on specified items being used in Covid-19 relief and management including Ambulances.

Bengal Minister Vs Union Minister Over "Forced" GST On Covid Items

India News | Reported by Sunil Prabhu, Edited by Harish Pullanoor | Sunday June 13, 2021

West Bengal Finance Minister Dr Amit Mitra said his opposition to taxing items related to the Covid pandemic was ignored and muzzled today at the GST Council. Union Minister Anurag Thakur denied the charge.

GST Council Cuts Rates On COVID Supplies, No Tax On Black Fungus Medicine

Business | Edited by Nikita Prasad (With inputs from Agencies) | Saturday June 12, 2021

GST Council Meeting, chaired by Finance Minister Nirmala Sitharaman, reduced the tax rates on major COVID-related essential items, however, vaccines will continue to attract a five per cent GST

GST Council Meet: Tax Cut On COVID Essentials, Black Fungus Medicine On Agenda

Business | Edited by Nikita Prasad (With inputs from Agencies) | Friday June 11, 2021

GST Council Meeting 2021: In the previous GST Council meeting, the tax was exempted on the import of Amphotericin B, a medicine used for the treatment of black fungus infection.

Government Gives Nine-Month Extension To LIC Chairman

Business | Press Trust of India | Wednesday June 9, 2021

In her Budget Speech 2021, Finance Minister Nirmala Sitharaman said the Initial Public Offer (IPO) of LIC would be floated in 2021-22 as part of the ambitious Rs 1.75 lakh crore disinvestment target.

Nandan Nilekani Responds After Nirmala Sitharaman Flags New Tax Site Glitches

India News | Edited by Vaibhav Tiwari | Wednesday June 9, 2021

Responding to Finance Minister Nirmala Sitharaman's tweet about technical problems in the revamped income tax portal, Infosys co-founder Nandan Nilekani said his company "regrets these initial glitches" and the system will stabilise in a few days.

Nirmala Sitharaman Flags Glitches On New Tax Site, Tags Nandan Nilekani

India News | Reported by Himanshu Shekhar Mishra, Edited by Shylaja Varma | Tuesday June 8, 2021

Finance Minister Nirmala Sitharaman today tagged Infosys and Nandan Nilekani after receiving a large number of complaints from users on the new e-filing website of the Income Tax Department was launched on Monday.

Covid In India: Nirmala Sitharaman Asks Insurance Companies to Settle Claims Faster

Business | Edited by Animesh Singh | Sunday June 6, 2021

Finance Minister Nirmala Sitharaman asked insurers to accelerate the disbursement of pending claims.

Raise States' Borrowing Limits: Bengal To Union Finance Minister

India News | Press Trust of India | Saturday June 5, 2021

The West Bengal government on Friday suggested to Union Finance Minister Nirmala Sitharaman that the borrowing limits of states be raised to 5 per cent of the gross state domestic product (GSDP).

Enhanced Capex To Play Crucial Role In Economic Revival: Finance Minister

Business | Edited by Nikita Prasad (With inputs from Agencies) | Friday June 4, 2021

During a meeting with senior officials, Finance Minister Nirmala Sitharaman also directed the Ministeries and their CPSEs to ensure the clearance of MSME dues at the earliest

Black Fungus Medicine Exempted From Tax: Key Takeaways From GST Council Meet

Business | Edited by Nikita Prasad | Friday May 28, 2021

GST Council Meeting Key Takeaways: Finance Minister announced that the integrated goods and services tax (IGST) is exempted on free COVID-related essential items till August 31, 2021.

Decision On Tax Cuts On Covid Vaccines By June 8, Says Government

Business | Reported by Sunil Prabhu, Edited by Nikita Prasad (With inputs from Agencies) | Friday May 28, 2021

GST Council meeting: Finance Minister Nirmala Sitharaman chaired the 43rd GST Council meet today after a gap of almost eight months amid the second wave of the COVID-19 pandemic