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zhhnmqd3k5 · 1 month
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Finance Minister Nirmala Sitharaman, responsible for the nation's finances, recently revealed that she was offered the option to contest elections from either Andhra Pradesh or Tamil Nadu by BJP President JP Nadda. However, she declined after careful consideration due to financial constraints, stating that she lacks the funds required for an electoral campaign. She also mentioned the complex criteria involved in winning elections in these states based on community or religious affiliations. When asked why she lacked funds despite being the Finance Minister, she clarified that the country's money isn't her personal wealth; her salary, earnings, and savings belong to her personally, not to the Consolidated Fund of India. Sitharaman, a Rajya Sabha member from Karnataka, pledged to campaign for other candidates and participate in media programs. Notably, she joined the Bharatiya Janata Party in 2008, served as its national spokesperson until 2014, and was elected to the Rajya Sabha from Andhra Pradesh in 2014. She served as the 28th Defense Minister from 2017 to 2019 and played a key role in leading the Balakot airstrikes in 2019. Currently, she serves as the Finance and Corporate Affairs Minister, presenting India's annual budgets. Sitharaman is the second woman Finance Minister and the first full-time female Finance Minister in India.
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usnewsper-politics · 1 month
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Germany's Budget Ruling: New Debt Breaks Rules, Impacts Eurozone Stability #budgetruling #constitutionalcourt #debtbrakerule #EUfiscalpolicies #financeminister #Germanyborrowinglimit #governmentspending #publicdebt #stabilityoftheeurozone #sustainablefinancialpolicy
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newsorbiter · 3 months
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Finance Minister Nirmala Sitharaman unveils 'Amrit Kaal' strategy in Interim Budget 2024-25
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Finance Minister Nirmala Sitharaman presented the Interim Budget 2024-25 in Parliament, unveiling the 'Amrit Kaal' strategy. She emphasised the government's commitment to ensuring timely and adequate finances, relevant technologies, and appropriate training for Micro, Small, and Medium Enterprises (MSMEs) to grow and compete globally. Sitharaman highlighted the importance of orienting the regulatory environment to facilitate MSME growth. In line with the 'Panchamrit' goals, the government aims to facilitate high and more resource-efficient economic growth, working towards energy security in terms of availability, accessibility, and affordability. Sitharaman emphasised that guided by the principle 'Reform, Perform, and Transform,' the government will take up next-generation reforms and build consensus with states and stakeholders for effective implementation. The government will adopt economic policies that foster and sustain growth, said Sitharaman adding that the policies will facilitate sustainable and inclusive development, besides improving productivity, creating opportunities for all, helping in enhancing their capabilities, and contributing to the generation of resources to power investments and fulfill aspirations. The Minister further noted that to meet the investment needs, the government will prepare the financial sector in terms of size, capacity, skills, and regulatory framework.   Read the full article
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preponias · 6 months
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GST Amnesty Scheme
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wnewsguru · 8 months
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वित्त मंत्री सीतारमणपहुंची ग्लोबल फिनटेक फेस्ट 2023 के चौथे संस्करण के उद्घाटन में
दरअसल, वित्त मंत्री सीतारमण ग्लोबल फिनटेक फेस्ट 2023 के चौथे संस्करण के उद्घाटन सत्र में पहुंची थीं। इस मौके पर उन्होंने कहा कि हम एक बहुत ही बहु-ध्रुवीय, बहुत गतिशील और मज़बूत दुनिया में रह रहे हैं, जो कई संकटों का सामना कर रही है। ऐसे में वैश्विक सहयोग की बहुत आवश्यकता है। उन्होंने कहा कि चाहे रणनीतिक मुद्दा हो, अर्थव्यवस्था का मुद्दा हो या कोई और। सभी से निपटने के लिए वैश्विक सहयोग की आवश्यकता है।
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attud-com · 1 year
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thomasfricke · 1 year
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Budget speech. Shot for the Government of Manitoba. . . . #commercialphotographer #winnipegphotographer #government #politics #premier #financeminister #legislativeassembly (at Manitoba Legislative Building) https://www.instagram.com/p/Cp5jzXyAGOz/?igshid=NGJjMDIxMWI=
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trumintsofficial · 1 year
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Get The Lowest Company Registration Price With Professional Services. Trumints Business Solutions To Connect With Us Contact:+919650214809 Email: [email protected] website: https://trumints.com Address: Office1042,10th Floor, Galaxy Diamond Plaza Sector 4, Greater Noida West UP India-201009 #goodsandservicestax #incometaxindia #charteredaccountant #financeminister #accountant #taxdeductedatsource #NidhiCompanyRegistration #TrademarkRegistration #MicrofinanceCompanyRegistration #LlpCompanyRegistration #NewCompanyRegistration #PrivateLimitedCompanyRegistration #OpcCompanyRegistration #GstRegistration #MicroRegistrationViaSection8 #NbfcRegistration #NidhiCompanyCompliances #CompanyCompliances #Gstfilling #MsmeCertification #FssaiCertification #FreeCompanyRegistration (at Noida Extension, Greater Noida West) https://www.instagram.com/p/CormPQ7P7G9/?igshid=NGJjMDIxMWI=
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cleartaxinfo · 1 year
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Budget 2023 Highlights: Direct Tax
Generally, the budget before general elections is always a much-anticipated one with everyone hoping for big, bold moves. But most budgets tend to fall short on the surprise factor. This year’s budget was no exception as it was mostly just a repackaging of old schemes with additional fund allocation. But salaried taxpayers were in for a surprise. They got the much needed tax break. Various tax…
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deal-acres · 1 year
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2023 Union Budget Impact on Real Estate Industry
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The Fifth Union Budget was presented by finance minister Nirmala Sitharaman, who highlighted measures for growth and progress. The budget included some initiatives that will have a direct impact on the real estate industry. Here are the key takeaways and how they will affect real estate developers.Favorable Policies: Despite some omissions, these actions are expected to benefit real estate developers who have been struggling since the COVID-19 pandemic.
Economic Boosters: The finance minister announced an expected growth rate of 7% for the 2023-2024 fiscal year. This is due to a planned capital investment of Rs 10 lakh crore, which is a 33% increase from the previous year. This is expected to attract more investors and increase cash liquidity, thus providing a boost to the real estate industry.
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india24h · 1 year
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Finance minister Nirmala Sitharaman announced Five changes in personal taxation. Have you read it completely?
https://india24.live/business/finance-minister-nirmala-sitharaman-announced-five-changes-in-personal-taxation-have-you-read-it-completely/
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bjymnaroda · 1 year
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દેશ પ્રથમ,નાગરિક પ્રથમની ભાવનાને સાર્થક કરતું બજેટ.. #lovejoshi4bjym #bjymnaroda #bjpnaroda #india #budget2023 #nagrik #bhartiya #bhartiya_janta_party #indian #atulyabharat #atulyabharat #indian #bhartiyacity #budget #budget2023 #budgeting #budgettips #amritkaalbudget #nirmalasitharaman #nirmalasitaraman #financeminister #financeministry #financeministerofindia #budgetfriendly #india #bharat #incridebleindia #incridibleindia (at Naroda.Ahemdabad) https://www.instagram.com/p/CoKLCRPpCGy/?igshid=NGJjMDIxMWI=
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usnewsper-politics · 1 month
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Germany to Double Military Aid to Ukraine in Fight Against Separatists #EasternEuropeancountries #financeminister #GermanymilitaryaidtoUkraine #OlafScholz #Russianbackedseparatists
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newsorbiter · 3 months
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Interim Budget 2024-25, a beacon of hope for India's growth amid challenges
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The Interim Budget 2024-25, presented by Union Finance and Corporate Affairs Minister Nirmala Sitharaman seeks to inject the economy with policies and measures aimed at reigniting positive sentiments and accelerating growth. Can this budget be the catalyst for achieving these growth targets? Let’s delve into its key highlights. Under the guiding principles of ‘Sabka Saath, Sabka Vikas, and Sabka Vishwas’ and the inclusive approach of “Sabka Prayas,” the Finance  Minister  presented the Interim Union Budget 2024-25 in Parliament. The budget focuses on social justice, particularly uplifting four major segments: the poor (‘Garib’), women (‘Mahilayen’), youth (‘Yuva’), and farmers (‘Annadata’). Key Initiatives: Poverty Alleviation: The budget emphasises 'Garib Kalyan, Desh ka Kalyan,' claiming to have lifted 25 crore people out of multi-dimensional poverty in the last decade. Direct Benefit Transfer (DBT) of Rs 34 lakh crore through PM-Jan Dhan accounts has resulted in government savings of Rs 2.7 lakh crore. The PM-SVANidhi scheme provided credit assistance to 78 lakh street vendors, with 2.3 lakh receiving credit for the third time. Tribal and Artisan Support: Schemes like PM-JANMAN Yojana aid the development of particularly vulnerable tribal groups (PVTG), while PM-Vishwakarma Yojana provides end-to-end support to artisans and craftspeople in 18 trades. Agricultural Initiatives: PM-KISAN SAMMAN Yojana provided financial assistance to 11.8 crore farmers, while PM Fasal Bima Yojana offers crop insurance to 4 crore farmers. The Electronic National Agriculture Market (e-NAM) integrated 1361 mandis, serving 1.8 crore farmers with a trading volume of Rs 3 lakh crore. Women Empowerment: The budget highlights 30 crore Mudra Yojana loans given to women entrepreneurs. Female enrollment in higher education has increased by 28%, with girls and women constituting 43% of enrollment in STEM courses, one of the highest rates globally. Over 70% of houses under PM Awas Yojana in rural areas have been allotted to women. Housing: Despite COVID challenges, the budget aims to achieve the target of three crore houses under PM Awas Yojana (Grameen) soon, with an additional two crore houses to be taken up in the next five years. Strategic Initiatives: Rooftop Solarisation and Free Electricity: A significant announcement is the provision of 300 units of free electricity per month through rooftop solarisation to one crore households, expected to save households Rs 15,000 to Rs 18,000 annually. Healthcare: The Ayushman Bharat scheme will be extended to all Accredited Social Health Activist (ASHA) workers, Anganwadi Workers, and Helpers, ensuring broader access to healthcare services. Agriculture and Food Processing: The Pradhan Mantri Kisan Sampada Yojana has benefited 38 lakh farmers and generated 10 lakh employment opportunities. The Pradhan Mantri Formalisation of Micro Food Processing Enterprises Yojana has assisted 2.4 lakh Self-Help Groups (SHGs) and 60,000 individuals with credit linkages, boosting the agricultural and food processing sectors. Research and Innovation: A corpus of Rs 1 lakh crore will be established with a fifty-year interest-free loan to catalyse growth, employment, and development through research and innovation. Infrastructure: An 11.1% increase in capital expenditure outlay for infrastructure development and employment generation, amounting to Rs 11,11,111 crore, is aimed at enhancing the country's infrastructure and creating employment opportunities. Railways: Under the PM Gati Shakti initiative, three major economic railway corridor programs will be implemented to improve logistics efficiency and reduce costs. Aviation Sector: The plan to double the number of airports to 149 and the order of over 1000 new aircraft signals significant growth in the aviation sector. Green Energy: Plans include setting up a coal gasification and liquefaction capacity of 100 MT by 2030 and a phased mandatory blending of compressed biogas (CBG) in compressed natural gas (CNG) for transport and piped natural gas (PNG) for domestic purposes. Tourism Sector: States will be encouraged to undertake comprehensive development of iconic tourist centers, with long-term interest-free loans provided for financing such development. Investments: The budget highlights significant Foreign Direct Investment (FDI) inflows, totaling USD 596 billion during 2014-23, reflecting a positive outlook for investments in the country. Reforms in the States: To support milestone-linked reforms by state governments, a provision of Rs 75,000 crore as a fifty-year interest-free loan is proposed. The budget also focuses on tax rationalisation efforts, achievements in taxpayer services, and the economic journey since 2014. It sets the stage for a dynamic and inclusive growth trajectory, aiming to propel India towards greater prosperity and well-being for all its citizens. Read the full article
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The Finance Minister of India said that these priorities will guide the country towards" Amrit Kaal"
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kotakblog · 1 year
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Union Budget 2023: ‘Adequate focus on holistic development of economy’
Kotak Editorial Team
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The Union Budget for fiscal 2024 which will set the foundation for taking India’s economic growth to the forecast rate of 6.8 percent was presented at a time of headwinds and the pre-election phase. The focus of this Budget is on “green growth, youth power, farmers and women,” the finance minister said in her speech.
The leaders of Kotak Mahindra Group decode the budget.
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