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  Cabinet approves Companies Second Amendment Bill 2019

  News | March 04, 2020 19:48 IST

  Cabinet approved Companies (Second Amendment) Bill, 2019. While addressing the press conference, Union Finance Minister Nirmala Sitharaman said, "Cabinet approves Companies (Second Amendment) Bill, 2019. Bill removes criminality under the Act. This Bill further ease of living for law-abiding corporates and de-clogs the criminal justice system in the country." The 72 changes in the Companies Act have also been approved.

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  Bring in more efficient, adaptive tech to further smoothen working of PFMS: Finance Minister

  Business | March 01, 2020 14:50 IST

  Finance Minister Nirmala Sitharaman on Sunday asked civil accounts officers to focus on bringing in more efficient and adaptive technologies to further smoothen the working of the Public Financial Management System (PFMS).

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  Punjab Budget 2020: Free education till Class 12, Retirement age reduced to 58 yrs

  Business | February 28, 2020 17:18 IST

  With an eye on the assembly elections in 2022, Punjab Finance Minister Manpreet Badal on Friday presented a populist but deficit Rs 1.54 lakh-crore budget for 2020-21.

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  No timeline to remove I-T exemptions: Nirmala Sitharaman

  India | February 16, 2020 19:53 IST

  Finance Minister Nirmala Sitharaman on Sunday said the idea behind introducing second alternative tax slabs sans exemptions is to take the country towards "a simplified, exemption-free and reduced rate of tax regime.

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  FM Sitharaman holds RBI Central Board customary post-budget meeting

  News | February 15, 2020 18:43 IST

  Union Finance Minister Nirmala Sitharaman and Reserve Bank of India (RBI) Governor Shaktikanta Das arrived to attend RBI Central Board of Directors' customary post-budget meeting.

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  IIP contracts again in Dec; retail inflation jumps to 68-month high of 7.59 pc in January

  Business | February 13, 2020 13:08 IST

  A day after Finance Minister Nirmala Sitharaman said economic growth was rebounding, government data on Wednesday showed that industrial output contracted by 0.3 per cent in December while retail inflation jumped to a 68-month high of 7.59 per cent in January on high food prices.

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  Economy not in trouble; green shoots visible: Nirmala Sitharaman

  India | February 16, 2020 19:51 IST

  Finance Minister Nirmala Sitharaman on Tuesday said the economy is not in trouble and green shoot are visible with the country moving towards a USD 5 trillion economy .

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  Laid foundation for USD 5 trillion economy in budget, says Sitharaman

  Business | February 09, 2020 22:24 IST

  Finance Minister Nirmala Sitharaman on Sunday said that the foundation for achieving the goal of USD 5 trillion economy by 2024-25 has been laid in the union budget which stressed on increasing capital expenditure for infrastructure. 

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  Kerala maintained higher GDP rate than national average from 2016-19: Thomas Isaac

  News | February 06, 2020 21:15 IST

  Kerala Finance Minister, Thomas Isaac, claimed that there has been 7.2% GDP growth average in between 2016-17 to 2018-19 in the state, higher than the national average of 6.9% in the same period.

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  NITI Aayog lauds Union Budget 2020, says several steps taken to increase investment

  News | February 01, 2020 20:33 IST

  NITI Aayog Vice Chairman Rajiv Kumar on February 01showed his satisfaction of the Union Budget 2020 which was presented by Finance Minister Nirmala Sitharaman.

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  New Income Tax slabs minus 70 exemptions: Revenue Secretary

  News | February 01, 2020 20:33 IST

  While addressing a press conference, Union Revenue Secretary, Ajay Bhushan informed that under the new tax regime government has removed 70 exemptions.

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  Wanted to simplify income tax process, reduce rates: FM Sitharaman on option of lower IT rates

  News | February 01, 2020 20:31 IST

  Union Finance Minister Nirmala Sitharaman gave her longest speech on Budget 2020 in the parliament explaining and clarifying every nook and cranny of the Union Budget.

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  Budget 2020: Govt allocates Rs 4,400 crore for clean air initiatives

  News | February 01, 2020 20:08 IST

  Government allocated Rupees 4,400 crores for clean air initiatives in Union Budget 2020. "Clean air is a matter of concern in large cities, propose to encourage states to formulate and implement plans to ensure clean air. Allocation for this purpose is Rs 4,400 crores," said Nirmala Sitharaman while presenting the Union Budget 2020. FM said government will stick to commitments of Paris Climate Accord.

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  Sitharaman's 16-point plan for agriculture just an eyewash: Shiv Sena

  Business | February 01, 2020 16:28 IST

  Slamming budget 2020, Shiv Sena leader Kishore Tiwari termed finance minister Nirmala Sitharaman's 16-point action plan for agriculture in Budget just an eyewash.

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  'Delhi disappointed from Budget, gets step-motherly treatment': Kejriwal asks why vote for BJP

  Business | February 01, 2020 16:37 IST

  Delhi Chief Minister Arvind Kejriwal has said that Delhi was having high expectations from Budget 2020 as Finance Minister Nirmala Sitharaman presented it in the parliament but once meted out with step-motherly treatment.

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  Bullet train project to be actively pursued: FM Sitharaman

  Business | February 01, 2020 13:23 IST

  Union Finance Minister Nirmala Sitharaman on Saturday said that the work on Prime Minister Narendra Modi's ambitious 508-km Ahmedabad-Mumbai High Speed train project will be actively pursued and also said that it will set up 'Kisan Rail' through public private partnership (PPP) for transportation of perishable goods.

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  Budget 2020: Major highlights of Nirmala Sitharaman's speech, as they unfolded

  Business | February 02, 2020 15:00 IST

  Budget 2020 updates: Finance Minister Nirmala Sitharaman on Saturday presented her second union budget with a vision to revive the economy. The biggest take away from her budget speech is the introduction of new income tax regime which will be a major relief for the middle class.

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  Budget 2020: Finance Minister Nirmala Sitharaman to present her second Budget today

  Business | February 01, 2020 7:23 IST

  Budget 2020: As the Budget presentation comes amid an economic slowdown, expectations are high that the Union budget could provide the much-needed boost or balm-propel investments and demand and, most importantly, lift sentiment.

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  Economic survey 2020 points out high drop-out rates in schools

  Business | January 31, 2020 15:09 IST

  The Economic Survey 2019-2020 has pointed out high drop out rates at various levels of schooling and lack of affordability in higher education as areas of concern.

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  Budget 2020: Debt increased by 71% in 5 years, address it on Feb 1, Congress tells govt

  India | January 29, 2020 17:06 IST

  Congress spokesperson Gourav Vallabh has hit out at the government saying, "In the last 5.5 years, the country's debt has shown an increasing trend in terms of absolute amount. In March 2014, the total debt was Rs 53.11 lakh crore, whereas in September 2019 the same has increased to Rs 91.01 lakh crore."