FM Sitharamam said that despite exceptional circumstances arising from pandemic, which depressed central revenues, the Karnataka govt will be getting substantially more as devolution during first five years of the 15th Financial Commission period than in the 14th Financial Commission period.
Nirmala Sitharaman on GST: Finance Minister added that many common-use items and services have been exempted from GST for the benefit of the people.
Nearly 25 per cent of the start-ups in the Silicon Valley were managed by people of Indian origin and it was a matter of pride, she said at an event here.
"I won't be able to say 'when' it is a 'dharam sankat,' said Finance Minister Nirmala Sitharaman when asked about reducing fuel prices during an event in Ahmedabad on February 25. Nirmala Sitharaman said that there is revenue for both Centre and state and "it is no longer competitive."
Union Finance Minister Nirmala Sitharaman addressed at Tech Sparks 2020 on October 28 where she said, "The idea of 'Aatmanirbhar Bharat' is first that we have recognised that the Indian economy depends a lot on small and medium industries
During Budget speech, Union Finance Minister Nirmala Sitharaman announced the new simplified personal income tax regime that will reduce the income tax.
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