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).
With an aim to evaluate key financial metrics, Finance Minister Nirmala Sitharaman is set to convene a crucial review meeting to assess the performance of Public Sector Banks (PSBs) and Regional Rural Banks (RRBs).
With a Central outlay of Rs. two lakh crore the package is aims to benefit 4.1 crore youth over five years.
Finance Minister Nirmala Sitharaman is set to present the Union Budget 2024 in Parliament today
Union Finance Minister Nirmala Sitharaman will table the Economic Survey 2023-24 along with a statistical appendix in Parliament on Monday, a day ahead of the Union Budget.
In her announcement, the Finance Minister told that the government will amend the Essential Commodities Act to enable better price for farmers.
The enabling provisions must be written in plain language without allowing overzealous draftsmen to overwhelm the intention of openness by clouds of confusion.
Sitharaman will soon hold a review meeting with CEOs of public sector banks (PSBs), which was postponed on Monday.
The council decided to extend the due date for the filing of annual return for financial year 2018-19 to June 30.
The AAP leader discusses central funds, central tax share for the development of national capital with Sitharaman.
