The union government had notified an increase in GST on natural fibre products from 5 per cent to 12 per cent, including apparels in the lower tax bracket with effect from January 1, 2022.
Noting that the country's fine arts, culture were India's "soft power" , she said it took several years for yoga to get global recognition.
Sitharaman had introduced the Chartered Accountants, the Cost and Works Accountants and the Company Secretaries (Amendment) Bill, 2021 in the Lower House on December 17.
A total of Rs 52,759 crore has been raised by 61 companies through initial public offers till October this fiscal, higher than the funds mopped up through this route in the last financial year, the government told the Lok Sabha on Monday.
Finance Minister Nirmala Sitharaman added that necessary guidelines are being studied on how to deal with crypto-related advertising. Regulators, SEBI & RBI too are working on creating awareness.
On the occasion, Sitharaman said that she will ensure that more bank activities take place in Jammu and Kashmir and more Public Sector Banks set up branches in all districts so that every person has access to banking facilities.
The Finance Minister informed instead of the normal devolution payment, a total of Rs 95,082 crore would be collectively given to states for post-pandemic development.
'The initiatives and progress towards #financialinclusion and #DigitalTransformation formed part of the discussion,' the Ministry of Finance said in a tweet.
Union Finance Minister Nirmala Sitharaman said India’s pandemic response has focused on the ‘twin goals of saving both the lives and livelihoods’.
Finance Minister Nirmala Sitharaman announced a series of exemptions after the 45th GST Council meeting on Friday, this also includes an extension of GST concessional rates on COVID-19 related medicines to 31st December, 2021
Finance Minister Nirmala Sitharaman will preside over the 45th meeting of the Goods and Services Tax (GST) Council in Lucknow today.
Finance Minister Nirmala Sitharaman cleared a proposal providing Rs 30,600cr government guarantee for security receipts to be issued by the National Asset Reconstruction Company to tackle bad loans
The 45th Goods and Services Tax (GST) Council meeting is set to convene physically after a long time in Lucknow on September 17
On Sunday, the health ministry in Tamil Nadu eyeing to inoculate 20 lakh people is holding a 'Mega Vaccination Camp' through 40,000 camps being conducted across the State.
Addressing a meeting after inaugurating a slew of 11 projects at Mohanpur, about 50 km from here, Sitharaman said the Rs. 1300-crore project with World Bank funding would ensure an all-round development in the state's tribal areas.
This would result in the family pensions rise to as high as Rs 30,000-Rs 35,000 a month, said Department of Financial Services Secretary Debasish Panda.
Does Rahul Gandhi understand what is monetization, the finance minister asked.
He would take his colour, brushes and canvas outside to paint and talk with his love. He would stand close to the window and paint, keeping an eye on his muse.
They say the violin mimics the human sound. In his case, it was that of love, of longing. He didn’t know any other way of loving.
Younger people do not have much progressive beliefs; a 2017 survey found that one-third of young people opposed inter-caste marriage.
The pandemic has made it clear that virtual learning is here to stay. In the West, the big question is whether it will dilute the quality of the college experience and education. In India, which grapples with digital divide, the question remains whether this will reach most people at all.
Even after two years of the Covid-19 pandemic, many 'informed' individuals in India continue to deny the virus with unscientific claims and unfounded data. The latest? Omicron will end the pandemic.
Across Asia there are deeply entrenched obstacles to a mode of higher education that is liberal in multiple senses – disciplinary and epistemological but also social and political.
The two incidents in the recent past, one in Mon district of Nagaland and the other at Lakhimpur Kheri in Uttar Pradesh, undermined the core principles democracy and federalism.