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.
'The Government will give a further relaxation of 0.5% in states' borrowing limit under FRBM Act,' the Finance Minister said.
Kerala has announced several initiatives to rebuild its economy, and these include improving technological infrastructure and offering loans as well as interest concessions to companies that wish to relocate to the state.
'This is absolutely correct direction our country is going, for refunds of tax returns filed!'
Home Minister Amit Shah has also praised the Covid stimulus and said that it is a game-changer in health, education and business sectors.
Answering a question raised by a reporter during the press conference, she alleged that Congress is playing politics on the issue of migrants.
