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Finance Minister Nirmala Sitharaman on Friday said that there was no proposal before the government to cut import duty on electric vehicles.
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"I also urge more women to enrol for MSSC. It offers many advantages for our Nari Shakti," said Prime Minister Narendra Modi
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Ambassador Taranjit Singh Sandhu received Union Finance Minister Nirmala Sitharaman on Sunday (local time).
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The Finance Minister announced a cut in customs duty on the import of certain inputs for mobile phone manufacturing. Also, customs duty on parts of open cells of TV panels would be cut to 2.5 per cent.
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* Railways get Rs 2.4 lakh crore, which is the highest ever allocation to it
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While the leading newsrooms of the country are debating the academic stand point of these changes, the netizens expressed the views of the working class with a touch of sarcasm and humour. Several memes have been surfacing on the net.
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Finance Minister Sitharaman will present the last budget of the Modi 2.0 government at 11 a.m.
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The Finance Minister will also attend the Union cabinet meeting and then present the Budget around 11 a.m.
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"The Modi government has not levied any new tax on the middle class in any budget so far. No tax has been imposed on people who earn up to Rs 5 lakhs," Sitharaman said during the event.
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Sitharaman was in the American capital to attend the annual meetings of the International Monetary Fund and the World Bank.
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Sitharaman also noted with some satisfaction that the fundamentals of the Indian economy were in a good position at this time -- "I'm not asking for celebration, but it is true that we are holding together".
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She made the remarks on Friday during a meeting of the Development Committee of the World Bank-IMF, in Washington D.C.
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While addressing the closing session of the G20 Finance Ministers and Central Banks Governors (G20FMCBG) meeting in Washington D.C., on Thursday, she said that India views the hosting of the G20 Presidency as an opportunity as well as a responsibility.
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She said this on Wednesday while speaking in the first session of the 4th G20 Finance Ministers and Central Bank Governors meeting in Washington DC on the sidelines of the ongoing IMF-WB annual meetings 2022.
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Sitharaman, who is on an official visit to the United States, held discussions with minister Tshering on the sidelines of annual meetings of the Boards of Governors of the International Monetary Fund (IMF) and the World Bank Group (WBG).
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On being asked about rising public debt and fiscal deficit, Sitharaman said that in the budgets of 2021-22 and 2022-23, the government focussed on increased capital expenditure to revive the economy in the post-pandemic era.
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New Delhi: The BJP government at the Centre obviously doesn’t believe in the ‘give and take’ policy when it comes to sharing revenues generated through the new GST regime. This was evident from union Finance Minister Nirmala Sitharaman’s response on Monday when she remained mum on the issue of extending GST compensation to States even […]
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Displaying an unabashed streak of hegemony and territorial ambitions, China has been quite aggressive over the last few years in building infrastructure along the border while India has a lot to catch up. The ‘Vibrant Villages’ Programme, announced by Finance Minister Nirmala Sitharaman in her Budget speech, will hopefully help New Delhi effectively counter the […]
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Hyderabad: Minister of Finance Nirmala Sitharaman presented the Union Budget 2022-23. With this Budget, India has marked 75 years of Independence through Azadi ka Amrit Mahotsav. Apart from this, the budget also lays down a plan for the next 25 years and refers to the same period as Amrit Kaal. It has also announced some […]
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New Delhi: The focus of the Union Budget is on providing basic amenities to the poor, middle class and youth, Prime Minister Narendra Modi said on Wednesday, and asserted that it is imperative that India becomes self-reliant. In his address on ‘Aatmanirbhar Arthvyavastha’ at a BJP event, he said that post-Covid, the possibility of a […]