Foreign investors selling Indian equities due to ‘profit booking’: Nirmala Sitharaman
Union Finance Minister Nirmala Sitharaman Monday said the foreign institutional investors (FII) are selling Indian equities lately due to the profit booking.
Union Finance Minister Nirmala Sitharaman Monday said the foreign institutional investors (FII) are selling Indian equities lately due to the profit booking.
Union Finance Minister Nirmala Sitharaman on Tuesday informed the Rajya Sabha that indirect tax under the Goods and Services Tax (GST) has significantly reduced over the years since its implementation.
In a significant move during her Union Budget speech, Finance Minister Nirmala Sitharaman has allocated Rs 6.81 lakh crore to the defence sector for FY25, marking a modest increase from last year’s allocation of Rs 6.21 lakh crore. This reflects the government’s unwavering focus on fortifying India’s defence capabilities.
Finance Minister Nirmala Sitharaman on Saturday announced changes in the Goods and Services Tax (GST) laws under the Union Budget 2025-26 in a bid to ensure trade facilitation.
The state finance minister Chandrima Bhattacharya will present the budget on 12 February after the Budget Session will commence on 10 February.
Ahead of the Union Budget, the industry body Confederation of Indian Industry(CII) has put forward a 10-point specific suggestion before the central government to increase Ease of Doing Business.
Department of Financial Services (DFS) Secretary M Nagaraju launched the revamped e-auction portal ‘Baanknet’.
At the meeting, the Finance Secretary, DIPAM secretary, and secretaries of Department of Economic Affairs and Department of Financial Services, and Chief Economic Adviser to the Government of India were also present.
Congress leader Jairam Ramesh on Sunday slammed the BJP after the saffron party accused the grand old party of politicising the death of former Prime Minister Dr Manmohan Singh, saying that those in the ruling dispensation singing praises of Dr Singh, have criticised him.
Union Finance Minister Nirmala Sitharaman on Saturday announced that the Goods and Services Tax Council has approved the reduction of GST on rice kernels to 5 per cent, exempted life-saving gene therapy from tax, and extended the GST exemption for parts used in manufacturing (SAM).
