Nirmala Sitharaman

The capital expenditure will hike by 33% to Rs 10 lakh crore for infrastructure development for 2023-24 and will be at 3.3 per cent of the GDP. PAN will be used as a common business identifierNew Delhi: Finance Minister...

Revamped credit guarantee schemes for MSMEs will enable additional collateral-free credit of Rs 2 lakh crore to them while the cost of credit will be reduced by 1% New Delhi: Finance minister Nirmala Sitharama, in her budget 2023 speech on...

The sudden job losses, migration of laborers and the fear of stepping out due to the coronavirus pandemic have affected people’s consumption pattern majorly in 2020.  But, the announcement of certain favaourable measures including reduction of tax personal taxes...

The Clothing Manufacturers Association of India (CMAI) the apex association of the Apparel Industry of India has welcomed Union Budget 2021, which was presented in the Parliament by Hon’ble Finance Minister Smt Nirmala Sitharaman.Rajesh Masand, President, CMAI said that...

As part of the Centre's efforts to position India as a fully integrated, globally competitive manufacturing and exporting hub for the sector, an announcement to set up mega textile parks has been made by Finance Minister Nirmala Sitharaman in...

A provision of Rs 15,700 crore for the Ministry of Micro, Small and Medium Enterprises (MSME) sector in the Union Budget 2021-22 by Finance Minister Nirmala Sitharaman."We have taken a number of steps to support the MSME sector in this budget....

Tax holiday for these businesses was extended by one more year to March 2022 during Budget presentations today. Capital gains exemption given to them has also been extended by one more year.As of the last week of December, there...

The government in the budget next week is expected to announce measures such as extending the facility of bulk clearance for e-commerce imports and exports with a view to promoting the growth of this fast-growing segment in the country, sources said.They...

The Finance Ministry on Saturday said it has permitted Rajasthan to borrow an additional Rs 2,731 crore after the state successfully undertook ease of doing business reforms. Rajasthan has now joined the five other states namely, Andhra Pradesh, Karnataka, Madhya Pradesh, Tamil Nadu...

Following the announcement of the economic stimulus package where the Hospitality sector did not receive any specific relief despite widespread speculation, a four-member delegation of NRAI had a meeting with the Finance Minister yesterday to discuss urgent industry-specific issues. Apart...