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Showing posts with the label Nirmala Sitharaman

Discussion about increase in GST rates everywhere except my office: Nirmala Sitharaman

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Amid the slowdown in the economy, Finance Minister Nirmala Sitharaman said on Friday that the discussion about increasing GST rates (GST rates) to increase revenue is everywhere except in my office. Inaugurating the press conference, Chief Economic Advisor Krishnamurthy Subramaniam said that 66 percent of the capital expenditure of Rs 3.38 lakh crore has been used in the budget to give a boost to the economy. Chief Economic Advisor Krishnamurthy Subramaniam said on Friday that the government is looking at ways to increase consumption to accelerate economic growth. He gave details of the steps being taken to bring the economy above the six-year low economic growth, including cuts in corporate taxes to improve the returns of companies. Subramaniam said that apart from providing capital to public sector banks along with all round funding in realty sector has been made available. He said that Rs 4.47 lakh crore has been allocated for non-banking finance companies and housing finance compan

E-invoice will be mandatory for traders with turnover above 100 crore from April 1

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New Delhi. Revenue Secretary Ajay Bhushan Pand said in a press conference in Delhi on Friday that from April 1, 2020, it will be mandatory for traders with turnover up to Rs 100 crore to generate e-invoices for B2B transactions. He said that from January 1, 2020, it would be optional to generate e-invoices for B2B transactions to traders with turnover of more than Rs 500 crore. He said that e-way bill will not be required for e-invoices in future. Finance Minister Nirmala Sitharaman was also present in this press conference. Earlier, Chief Economic Advisor KV Subramanian informed about the steps taken by the government to accelerate the economy and make India a country of five trillion dollar economy. Government took this step - Approved realty fund of 25 thousand crore rupees for completing unfinished housing project. - 10,530 crore rupees will be provided by the central government in this fund, while other funds will be arranged from 13 domestic financial institutions like HDFC Bank,

HAL contract case: Rahul resigns as Defense Minister resigns, Nirmala Sitharaman gives reply with evidence

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New Delhi: Defense Minister Nirmala Sitharaman and Congress President Rahul Gandhi are in front of the government order of Rs 1 lakh crore for Hindustan Aeronautics Limited (HAL). According to the government statement, HAL was given an order worth Rs. 1 lakh crore. On this, Rahul Gandhi has accused the Defense Minister of lying on the ground. Rahul Gandhi says that in support of his statement in the defense minister's house, he or she will either submit the document or resign. On the question of Rahul Gandhi, Defense Minister Nirmala Sitharaman, while pestilently assaulting please read the full report. It is entirely in the records of the Lok Sabha that these orders have not yet been signed. The work is going on. Defense Minister Sitharaman wrote while tweeting a letter: It is a shame that Congress President is misleading the entire country. Contract between 26570.8 million signed with HAL between 2014 to 2018 Projects worth Rs 73000 crores are in pipeline. Will Rahul Gandhi now ap