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.
Sitharaman underlined that India's higher education has contributed to the best of company executives globally and around 25 per cent of all start-ups in Silicon Valley are managed by "people of Indian origin".
Finance Minister said that the PMJDY has an expanded coverage of 67 per cent in rural or semi-urban areas.
Clarification came after media reports claimed RBI titled "Discussion Paper on Charges in Payment System" has discussion of service charge on UPI transactions.
"In view of the concerns expressed by RBI on the destabilising effect of cryptocurrencies on the monetary and fiscal stability of a country, RBI has recommended framing of legislation on this sector. RBI is of the view that cryptocurrencies should be prohibited,"
It is my duty to tell the investors who invest in cryptocurrencies to keep in mind that they are investing at their own risk and also need to keep in mind that the cryptocurrency
