Focus more on mobilising deposits: Govt, RBI to banks

Focus extra on mobilising deposits: Govt, RBI to banks

[ad_1] NEW DELHI: Govt and RBI on Saturday requested banks to sharpen give attention to deposit mobilisation, by deploying revolutionary instruments and tackling competitors from different funding merchandise, whereas refusing to step in with coverage interventions. RBI has expressed concern over lending progress being sooner than the rise in ... Read more
Changes in LTCG tax post Budget 2024: Higher tax rate with indexation benefits, grandfathering for ancestral properties being considered?

Modifications in LTCG tax put up Funds 2024: Increased tax fee with indexation advantages, grandfathering for ancestral properties being thought of?

[ad_1] Funds 2024 capital beneficial properties tax adjustments: The Narendra Modi authorities is contemplating ideas for tweaks within the new long run capital beneficial properties tax regime that was introduced by FM Nirmala Sitharaman in Union Funds 2024.The July 23 price range lowered the LTCG tax on property from ... Read more
Budget finely balances growth & fiscal consolidation, says finance minister Nirmala Sitharaman | India News

Funds finely balances progress & fiscal consolidation, says finance minister Nirmala Sitharaman | India Information

[ad_1] NEW DELHI: The Budget strikes a positive stability addressing points like progress, employment, capital funding and fiscal consolidation, whereas pledging assist to cooperative federalism, Union finance minister Nirmala Sitharaman stated in Rajya Sabha on Wednesday.Whereas replying to the dialogue on the Funds, she additionally strongly defended the Agnipath ... Read more
Insurance premium GST is like tax on life's uncertainties: Nitin Gadkari | India News

Insurance coverage premium GST is like tax on life’s uncertainties: Nitin Gadkari | India Information

[ad_1] NEW DELHI: Union highway transport and highways minister Nitin Gadkari has urged finance minister Nirmala Sitharaman to think about recommendations for eradicating GST on life and medical insurance, a requirement that's unlikely to be met, though it has generated super curiosity.Whereas forwarding a illustration from the Nagpur Divisional ... Read more
'Sure sign of ... ': On Nitin Gadkari's letter to Sitharaman, Congress takes 'dissent' jibe | India News

‘Certain signal of … ‘: On Nitin Gadkari’s letter to Sitharaman, Congress takes ‘dissent’ jibe | India Information

[ad_1] NEW DELHI: The Congress on Wednesday focused the BJP over highway transport and highways minister Nitin Gadkari's letter to finance minister Nirmala Sitharaman, calling it a "certain signal of inner dissent and rumblings" towards Prime Minister Narendra Modi. In his letter, Gadkari requested Sitharaman to withdraw the 18 ... Read more
'Article 370 a Trojan Horse ...': Sitharaman slams opposition's queries on J&K's budget | India News

‘Article 370 a Trojan Horse …’: Sitharaman slams opposition’s queries on J&Ok’s funds | India Information

[ad_1] NEW DELHI: Finance minister Nirmala Sitharaman on Wednesday hit again on the opposition's "Trojan Horse" comment within the backdrop of the Centre bearing Rs 12,000 crore in the direction of Jammu & Kashmir police.The opposition had expressed apprehension that the Centre financing the Jammu & Kashmir police may ... Read more
'Tax on uncertainties of life': Gadkari asks FM Sitharaman to withdraw 18% GST on life, medical insurance premiums

‘Tax on uncertainties of life’: Gadkari asks FM Sitharaman to withdraw 18% GST on life, medical insurance coverage premiums

[ad_1] NEW DELHI: Union minister Nitin Gadkari urged finance minister Nirmala Sitharaman to withdraw the 18 per cent Items and Companies Tax (GST) levied on life and medical insurance coverage premiums, calling it a "tax on the uncertainties of life."Within the letter addressed to the FM, Gadkari stated: "Important ... Read more