
The Finance Bill had proposed retrospective disallowance of deduction for surcharge or cess with effect from Assessment Year 2005-06.
Referring to the law and order situation, Nirmala Sitharaman said there has been an overall decline in terror activities.
She said Sukanya Samriddhi Yojana offers 7.6% interest, Senior Citizen Saving Scheme 7.4%, Public Provident Fund 7.1% and State Bank…
The compensation amount to be paid from the compensation fund is arrived at by levying cess on top of the…
“Total number of taxpayers for AY 2020-21 is 8,22,83,407,” Sitharaman said.
The government’s additional spending commitments for FY22 come at a time when its plan for the initial public offering of…
Opposition members objected to the government move to present the J&K Budget and discuss it in the House on the…
In addition, the government also sought Rs 5,000 crore for recapitalisation of public sector general insurance companies.
Under the Goods and Services Tax (GST) law, states were guaranteed to be compensated bi-monthly for any loss of revenue…
The country’s digital economy was worth about $85-90 billion in 2020, according to an estimate by consulting firm RedSeer.
Sitharaman said the Budget for FY23 stands for continuity in key policy regime and aspires to create durable infrastructure for…
Sitharaman has subsequently made it clear that the government has the ‘sovereign right’ to tax profits made from virtual digital…
“It is a matter of pride that a large country like India has a woman finance minister who has presented…
The government has set a Budget target of Rs 65,000 crore from CPSE disinvestment/privatisation in the next fiscal beginning April…
Noting that India imports more than 85 per cent of its crude oil requirements, she said when oil prices go…
Finance Minister Nirmala Sitharaman said Tuesday she sees possibility of revenue generation for the government through crypto assets, days after…
Finance minister Nirmala Sitharaman on Monday asked tax officials under the Central Board of Direct Taxes (CBDT) and Central Board…
“Equalisation levy is not a unilateral measure… we are not an exception as many countries have done so,” Sitharaman said.