Delhi LG, VK Saxena has written to the Union Finance Minister, Nirmala Sitharaman, urging her to link insurance premiums of vehicles to the number of traffic violations recorded against the vehicle NEW DELHI: Delhi Lieutenant Governor (LG) VK Saxena has written to Union finance minister Nirmala Sitharaman, advocating for a system that links vehicle insurance…
NEW DELHI: Union finance minister Nirmala Sitharaman on Monday responded to accusations of “victim shaming” as the opposition criticised her remarks on the death of 26-year-old chartered accountant. Anna Sebastian Perayil reportedly died due to extreme work pressure at Ernst & Young (EY). Reacting to Shiv Sena (UBT) MP Priyanka Chaturvedi’s accusation, Sitharaman clarified that…
NEW DELHI: Finance minister Nirmala Sitharaman on Monday said that Sebi chairperson Madhabi Puri Buch and her husband have been answering some of the allegations and both are defending themselves and are putting out facts to contradict those that are being alleged by the Congress party.“So, I think the facts have to be taken on…
NEW DELHI: BJP on Saturday expelled a party functionary after a video of the owner of the popular Sri Annapoorna restaurant seeking an apology from Union finance minister Nirmala Sitharaman went viral on social media, triggering criticism from DMK and the Congress party.Srinivasan, the owner of Sri Annapoorna restaurant can be seen apologizing to Sitharaman…
NEW DELHI: External affairs minister S Jaishankar, who is on the Switzerland visit, said on Thursday that India’s economic relationship with China has been very “unfair” and “imbalanced”.Speaking at an event in Geneva, Jaishankar claimed that 75 per cent of the “disengagement” problems at India’s long and mountainous border with China had been sorted out,…
NEW DELHI: External Affairs Minister S Jaishankar stated on Tuesday that India is not “closed to business from China”, but the issue lies in determining which sectors the country will engage with Beijing and on what terms.Relations between the two nuclear-armed Asian giants have been at odds ever since the deadly Galwan clash in 2020….
NEW DELHI: The GST Council on Monday reduced the levy on some cancer drugs and travel by helicopters on a ‘seat-share basis’ to 5%, and lowered the tax on namkeen (fried snacks) from 18% to 12%. It also agreed to Centre’s proposal to exempt research and development (R&D) funded by private and public sources, including…
NEW DELHI: New Delhi: GST Council, led by finance minister Nirmala Sitharaman, on Monday announced tax exemption for research funding for higher educational institutions and research centres established under central or state laws, as well as institutions that enjoy income tax exemption.At the meeting, the Centre proposed the change, which states accepted with West Bengal…
The Goods and Services Tax Council on Monday formed a group of ministers to examine the GST rate on health insurance policy in detail, ANI reported quoting sources.This comes after reports that the council was likely to offer substantial relief to individuals and senior citizens by reducing the GST rate on health insurance premiums. At…
CHENNAI: Union finance minister Nirmala Sitharaman on Thursday defended the Modi govt’s record in sharing financial powers with the states by stating that it is respectful of the federal system. Speaking at an event at the Revenue Bar Association of Chennai, Sitharaman said the entire process of the implementation of the Goods and Services Tax…
