Page 7 - Latest Updates on Nirmala Sitharaman
Maintaining growth momentum the main idea behind Budget preparation: FM
Sitharaman said she was clear that the Budget had to keep the growth momentum intact, and even Prime Minister Narendra Modi was on board with it
 "Maintaining growth momentum the main idea behind Budget preparation: FM")
Why Sitharaman called millets 'Shree Anna' - the mother of all grains
Rendered 'orphan crops' post the Green Revolution, these healthy grains have got renewed push
 "Why Sitharaman called millets 'Shree Anna' - the mother of all grains")
Corporates should clear dues of MSMEs within 45 days: FM Sitharaman
Union Finance Minister Nirmala Sitaraman on Thursday urged industries to facilitate payments to MSMEs within the contract period
 "Corporates should clear dues of MSMEs within 45 days: FM Sitharaman")
Budget 2023: Finance Minister to brief all BJP MPs in Parliament today
Union Finance Minister Nirmala Sitharaman will on Friday brief all BJP MPs on the Union Budget in Parliament
Capex proposals from states may come early in FY24: FM Sitharaman
The 50 year interest free capex loans worth Rs 1.3 trillion are part of the Centre's FY24 capex budget of Rs 10 trillion
Old income tax regime vs new income tax regime: Which one is better?
New income tax regime: The taxpayers can avail of several deductions under the old income tax regime using section 80C etc. But under the new tax regime, no such deductions are allowed
 "Old income tax regime vs new income tax regime: Which one is better?")
Budget 2023: Understanding 20% TCS on foreign remittance transactions
Budget 2023: Earlier, a 5 per cent tax collected at source was levied on foreign remittances
 "Budget 2023: Understanding 20% TCS on foreign remittance transactions")
Borrowing limit: Kerala FM says Centre has adopted "wrong policy"
Kerala Finance Minister K N Balagopal on Thursday said the Centre's imposition of cuts in the borrowing limit of the states would adversely impact the southern state's economy
 "Borrowing limit: Kerala FM says Centre has adopted \"wrong policy\"")
What are Unity Malls, and what did FM Sitharaman say about them in Budget?
The idea behind setting up these malls appears to be to give a boost to local products and economies
 "What are Unity Malls, and what did FM Sitharaman say about them in Budget?")
Budget 2023: Gaming industry welcomes TDS change, awaits clarity on GST
Budget 2023: The Centre has also made a distinction between 'games of skill' and 'games of chance' in the Finance Bill, signalling that both might get a separate tax structure in future
 "Budget 2023: Gaming industry welcomes TDS change, awaits clarity on GST")
Budget and Politics:Union Budget to give a boost to exports, manufacturing
Custom duty on imitation jewellery has been enhanced from 20 per cent to 25 per cent. This will discourage cheap imports from China and encourage domestic manufacturing
 "Budget and Politics:Union Budget to give a boost to exports, manufacturing")
PM Modi's election Budget unlikely to delay RBI path to rate pause
The new tax rates are unlikely to add to inflationary pressures in the economy in the near-term, said economists including Nirmal Bang Institutional Equities Pvt.'s Teresa John
 "PM Modi's election Budget unlikely to delay RBI path to rate pause")
Union Budget provides roadmap for stability growth and development: USISPF
Welcoming the proposed rationalisation of tax rates in the Union Budget, USISPF praised the concessional tax rate of 15 per cent for cooperative societies setting up manufacturing or production
 "Union Budget provides roadmap for stability growth and development: USISPF")
Best of BS Opinion: Macro-fiscal question, Tax proposals a mixed bag & more
Here is the best of Business Standard's opinion pieces for today
We are in the midst of capex 'mahotsav'
The finance minister has once again done a stellar job of supporting growth whilst maintaining fiscal pragmatism
 "We are in the midst of capex 'mahotsav'")
Want to make exemption-free tax regime attractive for people: FM Sitharaman
Sitharaman said large macroeconomic considerations had been kept in mind, and fiscal consolidation had not been ignored
 "Want to make exemption-free tax regime attractive for people: FM Sitharaman")
Union Budget 2023-24: Firm on prudence, high on feel-good factor
Finance Minister Nirmala Sitharaman on Wednesday presented the Union Budget for 2023-24, which is expected to serve as the last full Budget of Prime Minister Narendra Modi's second term in office
Banking sector should cheer Budget
The Budget estimated the nominal GDP growth at 10.5 per cent in FY23, lower than what the Economic Survey, tabled a day ahead, projected
Focus on bank governance: Pain points & what's on offer in Budget
A move to the stricter expected credit loss model in accounting for bad loans is on the cards for banks
 "Focus on bank governance: Pain points & what's on offer in Budget")
Blueprint for New India: Here are 15 takeaways from the Budget 2023-24
The Budget is a blueprint and strong foundation for a New India; takes a long-term view of the economy
 "Blueprint for New India: Here are 15 takeaways from the Budget 2023-24")
