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The online gaming segment grew by 28 per cent in 2021 to reach USD 1.9 billion, as per NITI Aayog estimates
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Both sides also agreed to work together for the exploration and extraction of the vast Lithium deposits of Bolivia
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GST Council on Wednesday decided to levy a 28 per cent GST on online gaming and casinos on the face value of bets at entry level
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GST Council in its meeting on Wednesday is likely to finalise the modalities for determination of supply value in online gaming
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During an event to introduce AMC Repo Clearing and a corporate debt market development fund, the minister addressed the audience.
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US special presidential envoy for climate John Kerry, who arrived in India on Wednesday on a five-day visit, met finance minister
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That instruction has been sent to everyone, be it private or public, Union Finance Minister Nirmala Sitharaman added
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Finance Minister Sitharaman said that GST has brought a remarkable improvement in the system benefiting both people and states.
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India gets a lot of its GDP from domestic consumption. So even if the world would slowdown for a few months, India has a natural cushion by the fact that it is more domestic consumption oriented, said Banga
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“Further, this decision will encourage illegal offshore gambling operators, drive Indian users to them and ultimately lead to neither optimal tax collection nor the growth of the legitimate industry,” the letter read.
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She went on to say that the GST has increased tax buoyancy for both states and the central government.
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The Finance Minister has penned an article on the achievements of the Modi government. Many examples she has cited are true as would be true of every government that has ruled for 5 or 10 years said, Chidambaram
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Union Finance Minister Nirmala Sitharaman said there is no proposal to regulate social and financial influencers but emphasised that a strong sense of caution is required
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"The discussion on debt servicing on Wednesday was "absolutely positive" with all stakeholders, including China, "positively engaged," said Finance Minister Nirmala Sitharaman on Thursday
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Nirmala Sitharaman comparing the situation of Muslims in India to that in Pakistan, and citing the “growing” Muslim population as an indicator of Muslim well-being in the country, was found to be unsettling to the netizens online
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The roundtable was attended by a diverse set of investors, including senior executives, private sector business leaders, venture capitalists, institutional investors, and representatives of pension and endowment funds.
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Nirmala Sitharaman further said that the World Bank and International Monetary Fund (IMF) are also holding a roundtable on Global Sovereign Debt.
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Ambassador Taranjit Singh Sandhu received Union Finance Minister Nirmala Sitharaman on Sunday (local time).
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After listening to the couple's concern, Tharoor wrote to Nirmala, asking for her help to exempt the parents from the GST on humanitarian grounds.
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Finance Minister Nirmala Sitharaman announced that a panel under the finance secretary would be set up to look into the issue of pensions.