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
Union Finance Minister Nirmala Sitharaman on Monday told Parliament that the decision to cut corporate tax rate for domestic companies was necessary post the July Budget to deal with the challenges in the economy. ...
Finance Minister Nirmala Sitharaman said on Monday that the government's move to reduce corporate tax has had a "positive impact" and compes wanted to get out of China due to trade war with the US. ...
The Centre in the Lok Sabha on Monday moved the Taxation Laws (Amendment) Bill 2019 for its passage, seeking changes in the Income Tax law aimed at lowering tax rate options to domestic companies to promote growth and investment and attract fresh inv ...
The Indian economy's 26-quarter low growth of 4.5 per cent in July-September due to poor consumption, demand and investment can be attributed to the dismally low industrial and core sector production for most part of this financial year. ...
Expressing concern over the alarming fall in GDP growth rate, former Finance Secretary Subhash Chandra Garg in a blog post said India has rarely witnessed a sub-5 per cent quarterly growth ever since economic reforms were initiated in 1991. ...
There may not be much the government can do to fightback the severe slowdown facing the economy because the fiscal space to do so is limited after the corporate tax rate cut and GST shortfall, Kotak said in a report on Saturday. ...
Prime Minister Narendra Modi on Saturday said that his government has completed six months during which India has witnessed "phenomenal reform momentum." ...
Government's special window for stalled housing projects will be operational in 2 months and the funds will be disbursed starting the new year, Economic Affairs Secretary Atanu Chakraborty said on Friday. ...
