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Nirmala Sitharaman
Business  /  Published 21.09.21

Budget work set to begin

The fourth budget making process of Modi 2.0 will kick-start from October 12. This budget will have to address issues of demand generation, job creation and try to put the economy on a sustained 8 per...
By Our Special Correspondent in New Delhi

Opinion  /  Published 21.09.21

Debt to dust: Centre's 'bad bank'

The so-called ‘bad bank’ is ready to get off the ground. Last week, the Centre said it would provide guarantees worth Rs 30.6 billion that will buttress the security receipts that the Nati...
By The Editorial Board

India  /  Published 20.09.21

Govt to begin budget prep from October 12

The finance ministry will kick-start the exercise to prepare the annual Budget for 2022-23 from October 12 amidst signs of revival of the Indian economy hit hard by the Covid-19 pandemic. The budget ...
By Our Bureau, PTI in New Delhi

Business  /  Published 18.09.21

Opp states seek GST cess regime extension

Finance ministers of Opposition-ruled states have demanded that the GST compensation cess regime be extended beyond June 2022. Briefing reporters after the 45th GST Council meeting in Lucknow on Frid...
By Our Bureau, PTI in New Delhi

Business  /  Published 18.09.21

Petrol, diesel stays out of GST

All states, including the BJP-ruled ones, unanimously opposed the inclusion of petroleum products under the goods and services Tax as it would impact the revenue of both the Centre and the states. &l...
By Our Special Correspondent in New Delhi

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Business  /  Published 18.09.21

Cess tenure rift widens

The compensation cess under the goods and services tax regime will be collected till March 2026 but the proceeds garnered after June 2022 will not go to the states. Finance minister Nirmala Sitharama...
By R. Suryamurthy in New Delhi

Business  /  Published 17.09.21

GST council extends relief on Covid-19 drugs

The all-powerful GST Council on Friday decided to charge food delivery platforms such as Swiggy and Zomato a tax even as it extended concessional tax rates on certain COVID-19 drugs by three months ti...
By Our Bureau, PTI in Calcutta, Lucknow

Business  /  Published 17.09.21

Rs 30,000 crore bad bank prop

Finance minister Nirmala Sitharaman on Thursday said the government would provide Rs 30,600 crore guarantee to the newly formed National Asset Reconstruction Company Limited (NARCL) or the bad bank.&n...
By Our Special Correspondent in New Delhi

India  /  Published 16.09.21

Cabinet clears govt guarantee of Rs 30,600 crore for bad bank

Finance Minister Nirmala Sitharaman's announcement of Rs 30,600 crore-government guarantee for the National Asset Reconstruction Company Limited (NARCL) for acquiring stressed loan assets is a lan...
By PTI

Business  /  Published 16.09.21

Covid: extension of sops on 11 drugs likely

The GST Council, chaired by Finance Minister Nirmala Sitharaman, will meet on Friday, which among other things may review tax rate of over four-dozen items and extend till December 31, tax concessions...
By Our Bureau, PTI in New Delhi


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