Page 13 - Finance Minister

Rahul writes to FM seeking relief to farmers on repayment of crop loans

Congress leader Rahul Gandhi on Thursday wrote to Finance Minister Nirmala Sitharaman urging her to extend the moratorium on repayment of short-term.crop loans by farmers to December 31, 2021. Gandhi also sought waiver of all penal interest on such loans. He highlighted that farmers across the country are facing acute financial distress due to the pandemic. The former Congress chief said his parliamentary constituency Wayanad in Kerala is home to a significant number of small and marginal farmers growing cash crops. He said large parts of Kerala were devastated by two consecutive years of flooding in 2018 and 2019. "Just as the farmers were on their road to recovery, the Covid pandemic struck. This has severely heightened agrarian distress. Currently, farmers avail short-term crop loans at a concessional rate under the interest subvention scheme. "However, factors including multiple lockdowns, disruptions in the supply chain and limited market access have severely affected farm .

Budget: First woman finance minister sets the ball rolling for a new Assam

Most of the expenditure in the budget is aimed at providing support to the neediest strata of the society

G20: Sitharaman emphasises on role of technology in fighting climate change

The minister participated virtually in the G20 High-Level Tax Symposium on Tax Policy and climate change

G20 finance ministers take up plan to deter cross-border tax dodging

The deal aims to discourage the use of often-complex accounting schemes to move profits to where the least tax is due.

30 years of economic reforms: Here's a look at the broad contours of change

The pace of changes in the first 100 days of a minority govt remains unparalleled till today

Govt announces 500,000 free visas, loan guarantee scheme for travel sector

The scheme will benefit 11,000 stakeholders including 904 tour operators and 10,700 tourist guides, FM says

Health, credit, jobs: FM announces 8 measures to revive economy in pandemic

Nirmala Sitharaman unveils more support measures for the economy, including a 50% expansion in its emergency credit program.

Big-ticket stake: Tamil Nadu's Thiagarajan sets out to fix state finances

From banking in the US to politics in India, Thiagarajan's journey has been eventful.

Do not politicise GST Council: Finance Minister Nirmala Sitharaman

The government is conscious of the intensity of the second wave of Covid-19 and is assessing its full impact before coming out with further packages and interventions, says FM Sitharaman

How first-time FMs of Kerala, TN, Assam may impact Centre-state relation

Kerala, Tamil Nadu and Assam, all have first-time finance ministers. Aditi Phadnis looks at how they may impact Centre-state relation in terms of revenue and power-sharing

Qatar Finance Minister al-Emadi arrested in corruption investigation

Qatar's finance minister was being questioned over alleged abuse of power and misuse of public funds in the energy-rich state after the attorney general ordered him arrested

Centre working with states to protect lives, livelihood: FM Sitharaman

Finance Minister Nirmala Sitharaman on Monday said that the Centre is working together with states to protect lives and livelihoods.

Pakistan PM Imran Khan replaces finance minister as part of govt shake-up

Hammad Azhar, the minister for industries and production, will replace Abdul Hafeez Shaikh

Retro changes to Google Tax will hurt foreign investment: Industry

The government widened the scope to impose 2 per cent tax on non-resident e-commerce players with a turnover of Rs 2 crore from April 1, 2020

GST rate rationalisation: The larger objective

Besides merging the rate slabs of 12 per cent and 18 per cent, the GST Council could consider phasing out exemptions to those commodities that were subject to VAT duty by the States

Unleash animal spirits; make India fastest growing economy: FM to India Inc

Finance Minister Nirmala Sitharaman on Saturday exhorted India Inc to unleash animal spirits and bring in fresh investment to make India one of the fastest growing economies of the world.

Was FM's Budget like 'never seen before'? Here's what D-Street mavens say

The FM has delivered a unique Budget, wherein all the right measures have been proposed to speed up growth, said Dhiraj Relli, MD & CEO at HDFC Securities

Nirmala Sitharaman leaves for Parliament to present Budget 2021

As all eyes across the country are set to witness the Budget 2021 to be presented in Parliament very soon, Finance Minister Nirmala Sitharaman on Monday moved for the House

Union Budget 2021: Nirmala Sitharaman reaches Ministry of Finance

MoS Finance and Corporate Affairs Anurag Thakur has also arrived at the Ministry of Finance

Exporters urge FM to increase R&D spends, reduce taxes in budget

The budget will be presented on February 1