Union Finance Minister inaugurates Doorstep Banking Services

Union Finance Minister inaugurates Doorstep Banking Services

New Delhi: – The public sector banks in India will start providing Doorstep Banking services soon. Union Finance Minister Nirmala Sitharaman inaugurated the service. This will make the banks more customer-friendly, and the public sector banks will be providing the regular services at the customer’s doorstep. These services will be provided through Doorstep Banking agents. […]

Read More »

Foreign investors showing faith in Indian economy: Finance Minister Nirmala Sitharaman

Foreign investors showing faith in Indian economy: Finance Minister Nirmala Sitharaman

New Delhi: Union Finance Minister Nirmala Sitharaman said ‘Foreign investors are showing faith in the Indian economy. That is the reason for the Direct Foreign Investment of $20 billion even during the Coronavirus Crisis.’ Union Finance Minister Nirmala Sitharaman also said ‘The Indian government is committed to making the necessary economic reforms to attract foreign […]

Read More »

India’s first-ever ‘Kisan Train’ flagged off from Deolali in Maharashtra

India’s first-ever ‘Kisan Train’ flagged off from Deolali in Maharashtra

Nashik: The first-ever ‘Kisan Train’ service, for transporting vegetables, fruits and other perishables, was started in the country on Friday. Union Minister for Agriculture Narendra Singh Tomar and Railway Minister Piyush Goyal green signalled the train, via videoconferencing. Currently, the train will run, once a week, between Deolali, near Nashik and Danapur Station in Bihar. […]

Read More »

Union government introduces equity infusion for the MSME sector   

Union government introduces equity infusion for the MSME sector   

New Delhi/ Mumbai: The government has announced extensive measures for the Micro, Small and Medium Enterprises (MSME) sector that provides employment to 11 crore people and holds 21% contribution to the Indian GDP. On Monday, the Union Ministry approved a package worth ₹70,000 crores for the sector. Besides, it also includes equity worth ₹50,000 crores. […]

Read More »

New government policy for public sector: Union Finance Minister Sitharaman

New government policy for public sector: Union Finance Minister Sitharaman

New Delhi: Union Finance Minister Sitharaman announced that the government is forming a new policy for the Public Sector Enterprises (PSE). The Finance Minister was announcing the fifth and final phase of the economic package announced by Prime Minister Narendra Modi. Sitharaman made a huge announcement of privatisation of all PSEs except the strategic sector. […]

Read More »

Foreign investment limit set to 74% for the defence sector: Ordnance factories to be corporatised

Foreign investment limit set to 74% for the defence sector: Ordnance factories to be corporatised

New Delhi: – The Union government has taken a major decision of increasing the cap on foreign investment, in the defence equipment manufacturing sector, from 49% to 74%. Prime Minister Narendra Modi had announced an economic package of ₹20 trillion to provide an impetus to the country’s economy. While revealing the details of the package, […]

Read More »

Union Finance Minister announces additional benefits for the agricultural sector

Union Finance Minister announces additional benefits for the agricultural sector

New Delhi: On Friday, Finance Minister Nirmala Sitharaman declared additional benefits for the joint ventures of farmers and agriculture businesses. The Finance Minister also shared information regarding the new plans to be implemented for businesses such as fishery and pisciculture. Besides, vaccination programmes will be held for 53 crore cattle too. Most importantly, the Finance […]

Read More »

TDS reduced by 25%, period for filing tax returns extended- announces Union Finance Minister, Nirmala Sitharaman

TDS reduced by 25%, period for filing tax returns extended- announces Union Finance Minister, Nirmala Sitharaman

New Delhi: Finance Minister Nirmala Sitharaman has reduced the TDS by 25% on non-salaried payment. Furthermore, the due of filing tax returns has been extended until November. On Wednesday, the Finance Minister made this announcement while giving information about some portion of the total package worth 20 lakh crores. This decision regarding TDS and TCS […]

Read More »

Government announces significant package for MSME sector, loan assistance of ₹3 lakh crores

Government announces significant package for MSME sector, loan assistance of ₹3 lakh crores

New Delhi: The details of the economic package of ₹ 20 lakh crores, announced by Prime Minister Narendra Modi, were given by Finance Minister Nirmala Sitharaman on Wednesday. The Prime Minister had said that the cottage, home, micro, small and medium industries, employing millions of people, are the firm foundation of the ‘Self-reliant India Campaign’. […]

Read More »
1 2 3 4