In order to further empower micro, small and medium enterprises (MSMEs) and ensure ease of doing business, there is a need to establish integrated infrastructure townships and universities to promote skill development and entrepreneurship training as well as to foster growth within the sector, Assocham said on Monday.
Uttar Pradesh Chief Minister Yogi Adityanath met President Draupadi Murmu in New Delhi on Sunday and invited her for Mahakumbh.
During the 55th GST Council meeting press conference on Saturday, the panel approved an increase in the GST rate on used EVs sold by businesses to 18 per cent from 12 per cent earlier.
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).
The Finance Minister informed the Lok Sabha that the Enforcement Directorate (ED) has been successful in recovering assets from several high-profile economic offenders.
Finance Minister Nirmala Sitharaman on Tuesday while addressing the Global Fintech Fest in Mumbai said that India has led the way towards an inclusive financial world through digital payments.
The Financial Stability and Development Council took stock of the preparations for the deliberations over financial sector issues to be taken up during India’s G20 Presidency in 2023.
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".
Addressing an event organised by the ICRIER, Sitharaman said credit must be given to PM Narendra Modi's statesmanship to take the decision of boosting imports of Russian oil at discounts as it helped in reducing the import bills.
"We will soon have a new Data Privacy Bill, which will be a product of consultations and will address every such concern most of us had on the privacy Bill," said FM Nirmala Sitharaman.
