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.
Total outlay for the mission is Rs.3.60 lakh crores.
Sitharaman, who reached Srinagar today, also observed that the income tax office will provide an enabling environment for people’s participation in the development of the region.
The UK-India economic relationship is already strong with bilateral trade of over £18bn in 2020, supporting nearly half-a-million jobs in each other’s economies.
Quite the most striking feature of Wednesday's presentation was that cash would be transferred directly to as many people as feasible. This is easier announced than accomplished not the least because the number of potential beneficiaries has been indeterminate even on budget day, let alone the formalities that will have to be observed. The economic condition of the people, most particularly in rural Bengal, has to improve if the state is to be rescued from the cusp of poverty. Dirigisme must of necessity be beneficial.
Major sops for credit relief, funds for health infra and tourism sector
