Nirmala Sitharaman is an Indian politician of the Bharatiya Janata Party, serving as the Minister of Defence of India since 2017 and has served as Member of the Rajya Sabha, upper house of the Indian Parliament, since 2016. Read More
The rules to resolve direct tax disputes under No Dispute but Trust Scheme - 'Vivad Se Vishwas' Scheme would be notified by mid-February offering taxpayers option to settle disputes out of legal forums. ...
Several employees of Life Insurance Corporation (LIC) staged a protest outside their office here on Monday against the government's decision to sell a part of its holding by initial public offering (IPO). ...
The budget announcement of a five-year tax holiday on employee stock ownership plans (ESOP) for start-ups would benefit less than 250 out of around 50,000 startups in the country, according to community-based social media platform LocalCircles. ...
India has taken yet another step towards building a credible strategic oil reserve by extending tax breaks to the Indian Strategic Petroleum Reserves Ltd (ISPRL) on income generated while replenishing oil stock in storage facilities. ...
The budget proposal to remove dividend distribution tax (DDT) has not only addressed the issue of inequity in dividend taxation but has also given relief to non-residents, said a Finance Ministry official. ...
Union Finance Minister Nirmala Sitharaman on Monday said the government has been very transparent in setting the new fiscal deficit target, which has been pegged at 3.5 per cent for the next financial year beginning April 1. ...
Former Union Finance Minister P.Chidambaram on Monday said the government should have reworked its expenditure pattern so that money flows into hands of the people early to improve demand. ...
Fitch Ratings on Monday said that the current year's fiscal slippage announced in the governments new 2020-21 budget was modest relative to its previous targets. ...