Inheritance tax could nullify the progress India made in last 10 years: Nirmala Sitharaman
The finance minister criticised the Congress party for allegedly advocating the inheritance tax.
The finance minister criticised the Congress party for allegedly advocating the inheritance tax.
India’s economic trajectory, as outlined by Finance Minister Nirmala Sitharaman, paints a picture of resilience and potential amidst global uncertainties.
The longstanding allegation of Trinamul Congress that the BJP is working as a washing machine appear to have been confirmed today when the Union finance minister Nirmala Sitharaman said everybody is welcome in the party.
Union Finance Minister Nirmala Sitharaman on Sunday rejected the Karnataka government's charge of fiscal bias against the state, asserting that every penny due to the state is accounted for and was released on time.
Despite the not-so-impressive numbers, based on a 2023 UN study, women across the world have been emerging as a formidable force in political fora that has long been overpowered by men.
The economy, which was battered by the coronavirus lockdown, is expected to see a strong recovery in the 2021-22 fiscal year.
In an unprecedented initiative, Union Budget 2021-22 will be delivered in paperless form for the first time.
The Central Board of Indirect Taxes and Customs (CBIC) has introduced Rule 86B in GST Rules, to be applicable from January 1, 2021, which restricts use of input tax credit for discharging GST liability to 99 per cent.
Subsequently, the Government of India had notified the bullion spot delivery contract and bullion depository receipt (with bullion as underlying) as Financial Products and related services as Financial Services under the International Financial Services Centres Authority (IFSCA) Act, 2019.
The panel was also asked to examine whether a separate mechanism for funding of defence and internal security ought to be set up and, if so, how such a mechanism could be operationalised.
