Nirmala Sitharaman
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India should take pride in banking sector as banks are not dependent on govt funding: FM Sitharaman
Business | Dec 03, 2024, 06:52 PM ISTFM Nirmala Sitharaman in Lok Sabha said the public sector banks are profitable as the total profit was Rs 85,520 crore in first half of current fiscal.
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Banking Law (Amendment) Bill 2024: What impact will it have on nominations in your bank account?
Explainers | Dec 02, 2024, 06:56 PM ISTThe Banking Law (Amendment) Bill 2024 aims to streamline banking operations and align them with contemporary financial practices, reflecting the government’s commitment to improve bank governance and enhance investors' protection.
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Nirmala Sitharaman responds to X user who seeks relief for middle-class | Check her reply
Trending | Nov 17, 2024, 04:01 PM ISTFinance Minister Nirmala Sitharaman's reaction to a social media user who sought relief from inflation created a buzz on X. People are divided on her statement on X.
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Big relief to Sitharaman: Karnataka HC stays FIR against her in electoral bonds scheme till Oct 22
India | Sep 30, 2024, 06:08 PM ISTIn a significant development, the Karnataka High Court stayed further investigation till October 22 in the FIR filed against former Karnataka BJP President Nalin Kumar Kateel and FM Nirmala Sitharaman.
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FIR against Finance Minister Nirmala Sitharaman over allegations of electoral bonds scheme
India | Sep 28, 2024, 09:47 PM ISTAn FIR has been filed against Union Finance Minister Nirmala Sitharaman following allegations of electoral roll fraud. The case involves BJP leaders and Enforcement Directorate officials under charges of extortion and conspiracy. The controversy has sparked a political debate.
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NPS Vatsalya gets positive response: 9,700 minors subscribe to pension scheme on first day
Business | Sep 21, 2024, 10:05 PM ISTUnder the NPS Vatsalya scheme, parents can open a pension account for their children and make a minimum annual contribution of Rs 10,000 per annum. After the child is 18 years of age, the account automatically gets converted into a normal NPS account, which the holder can continue.
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NPS Vatsalya: Just invest Rs 10,000 annually for your child, check how much to earn after 18 years
Personal Finance | Sep 19, 2024, 11:38 PM ISTNPS Vatsalya: If parents contribute Rs 10,000 annually to their child's NPS Vatsalya account for 18 years, a fund of Rs 5 lakh will be accumulated at an estimated return of 10%.
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Banks crucial in driving India’s path to becoming a developed nation: Nirmala Sitharaman
Business | Sep 19, 2024, 05:27 PM ISTFinance Minister Nirmala Sitharaman highlighted the crucial role of banks in India's vision for 2047. She called for enhanced infrastructure development, MSME support, financial inclusion, and digital security while praising the global success of UPI.
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Nirmala Sitharaman launches NPS Vatsalya scheme: Know eligibility, application process and more
Personal Finance | Sep 18, 2024, 06:48 PM ISTNPS Vatsalya Scheme Overview: Finance Minister Nirmala Sitharaman has introduced the NPS Vatsalya scheme, allowing parents to open pension accounts for their minor children. Aimed at securing long-term financial stability, the scheme converts to a regular NPS account when the child turns 18.
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Finance Minister Nirmala Sitharaman to launch NPS Vatsalya Scheme for pensioners today
Business | Sep 18, 2024, 07:08 AM ISTNPS Vatsalya Scheme: The Union Finance Minister will also launch an online platform for subscribing to NPS Vatsalya, release of scheme brochure, and distribute Permanent Retirement Account Number (PRAN) cards to new minor subscribers.
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GST Council reduces taxes for cancer drugs, namkeen | Check details
India | Sep 09, 2024, 08:42 PM ISTThe 54th GST Council meeting introduced several key changes in GST rates, including reductions for cancer drugs and adjustments for various goods. Notable updates include a rate cut for extruded snacks, a new reverse charge mechanism for metal scrap, and an increase in GST rates for car seats.
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What GST Council has decided on demands of tax cuts in health insurance premiums | Details
Business | Sep 09, 2024, 08:36 PM ISTThere has been a widespread demand to remove the 18 per cent GST on health insurance premiums so that the extra burden is not imposed on the insured, thereby increasing the ambit of coverage.
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GST Council Meeting: Sitharaman announces key decisions; 'New GoM on medical health insurance'
Business | Sep 09, 2024, 08:15 PM ISTThe Fitment Committee, comprising the Centre and state tax officials, on Monday presented a report giving data and analysis and implications of GST reduction on life, health and reinsurance premiums.
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GST Council meet: Taxation of insurance premium to online gaming report -- what to expect today
Business | Sep 09, 2024, 11:37 AM ISTThe GST Council will also decide whether to reduce the tax burden on health insurance from the current 18 per cent or exempt certain categories of individuals, like senior citizens.
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Nirmala Sitharaman defends PM’s policy approach, rejects claims of hasty decisions
Originals | Sep 05, 2024, 11:43 AM ISTUnion Finance Minister Nirmala Sitharaman addresses at the FICCI Ladies Organisation (FLO) program in Chennai on September 04 where she emphasized how Prime Minister Modi meticulously considers ground-level views before formulating policies, rejecting claims of hasty decision-making.
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10 Years of Jan Dhan Yojana: Over 53 crore bank accounts opened, PM Modi hails scheme as a success
India | Aug 28, 2024, 10:33 AM ISTOn the tenth anniversary of Pradhan Mantri Jan-Dhan Yojana (PMJDY), Prime Minister Narendra Modi praised the scheme for significantly boosting financial inclusion in India. Launched in 2014, PMJDY has opened over 53 crore bank accounts and accumulated deposits exceeding Rs 2.3 lakh crore.
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PM Modi to visit Singapore soon, likely to finalise big deal on semiconductor
World | Aug 27, 2024, 07:28 AM ISTDescribing the ministers-only meeting as "productive," Balakrishnan noted that it paves the way for an upcoming official visit to Singapore by Prime Minister Narendra Modi, which is expected to happen soon.
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India's top ministers including Jaishankar, Sithraman, Goyal meet Singapore PM, President | Know why
World | Aug 26, 2024, 01:34 PM ISTThe four ministers are in Singapore for the second India-Singapore Ministerial Roundtable (ISMR), scheduled for Monday. They will discuss bilateral cooperation and share perspectives on mutual interests.
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Banks urged to focus on core business, innovate for higher deposits: FM Sitharaman
Business | Aug 10, 2024, 02:54 PM ISTFinance Minister Nirmala Sitharaman urged banks to prioritise their core business activities, emphasising the necessity of collecting deposits and lending with increased strictness.
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Finance Bill 2024: Sitharaman proposes amendments to LTCG tax provision on immovable properties
Business | Aug 07, 2024, 06:41 PM ISTCentre has brought an amendment to the Finance Bill 2024, to allow taxpayers to select either a 12.5 per cent long-term capital gains tax rate without indexation or a 20 per cent rate with indexation for property acquired before July 23 this year.