#nirmala sithamaran

[globalaffairs]

Indian economy on sustained path of revival: FM Nirmala Sitharaman

The FM further said that the confidence in the Indian stock market is growing as retail and small investors are keenly investing money in the share market.

CHANDIGARH: Union Finance Minister Nirmala Sitharaman on Friday said the Indian economy is on a sustained path of revival and cited rise in GST collections and direct taxes to support her assertion.

She further said that the confidence in the Indian stock market is growing as retail and small investors are keenly investing money in the share market.

She was addressing the media here.

Union Finance minister Nirmala Sitharaman addresses the media

It can see very clearly signs of revival and good signs of revival. Otherwise my revenue collection would not be where it is, both the GST and direct taxation,” said Sitharaman while replying to a question on whether the economy has returned to its pre-covid level.

She said the half-yearly target has already been achieved in direct taxes.

“And GST''s collections on an average per month is somewhere in the range of Rs 1.11 lakh crore and Rs 1.12 lakh crore. Probably it can safely be said it will be somewhere in the range of Rs 1.15 lakh crore per month,” she disclosed.

“These are not small indicators, these are not some sporadic indicators. They clearly show that the economy is on a sustained path of revival,” she said.

To a question on the stock market, she said the market has its own understanding of what it deals with the companies.

The finance minister said there is transparency in the listing process of companies and related regulations.

She said “today retail and small investors are taking keen interest in the stock market and investing in it. Earlier, retail investors were participating through mutual funds".

“Now they are going through mutual funds and also go directly and participate (invest in stock market) through demat accounts. Therefore, today interest in the stock market is growing and more investment is taking place and more retail investments are taking place and all it is happening in a transparent manner,” she said.

“As a result, confidence in the Indian stock market is growing,” she stated.

Sitharaman was here to take part in party events in Panchkula in Haryana.

Haryana BJP chief OP Dhankar and former union minister Rattan Lal Kataria were also present at the press conference.

[gujjukathiyawadi]

Income Tax Portal: काम कर गई सरकार की सख्ती, इन्फोसिस ने दूर की नए आईटी पोर्टल की समस्या

[ll-sofia-ll]

So my parents voted BJP in 2014. And now they are mad, mad at the government for its lies, for its active indifference and deliberate erosion of people's rights (and I don't mean privacy, dignity, etc - I mean food). And they say, miserably, we thought Modi would be different, we thought, even if it is right wing (and perhaps, because it is right wing, let us not give our parents' newly awakened wokeness more credit that it is due) maybe we need a strong government.

And I sat there thinking, are you stupid? Like, how can you be shocked? The whole point of right wing ideology is that some people are more equal than others, and that is how it should be - the maintenance of inequality is central to right wing politics.

So now you are shocked that they have the audacity to mention the words nuclear reactor and commercial mining as people die of starvation and get lathi-charged by the police for asking for food, in a country that claims greatness and proudly flashes its 5 trillion USD GDP intention?

Wow. Well, keep your shock. You started this. I don't wanna say too little too late, but sometimes I am terrified it could be true.

[crookedpersonaduck]

A New tax Rate of 6% IGST or 3% CGST +3%SGST has been introduced on certain goods vide notification on 31st March 2022.

[india24h]

10 Powerful women in India

https://india24.live/national/10-powerful-women-in-india/

[supernews]

Digital rupee can be exchanged for cash: PM Narendra Modi

Prime Minister Narendra Modi on Wednesday said the digital rupee, proposed in the union budget, could be exchanged for cash and will open new opportunities in the fintech sector.

Addressing the 'Atmanirbha Arthavyavastha' (self-reliant economy) symposium organised by the BJP, he said the central bank digital currency or the digital rupee will make online payments more secure and risk free and boost digital economy in the years to come.

"The digital rupee will be the digital form of our physical rupee and will regulated by the RBI. This will be such a system that will enable exchange of physical currency with digital currency," Modi said at the virtual symposium that was attended by chief ministers of BJP-ruled states and party workers across the country.

"Central Bank Digital Currency (CBDC) will strengthen the digital economy... If anyone makes a payment in digital currency, you will be able to change it to cash," he said.

Modi said the launch of CBDC will make digital payments and online transfer of funds more secure and risk free.

"This will also lead to ease in development of global digital payment systems," he said.

He said the digital rupee will revolutionise the fintech sector by creating new opportunities and lessen the burden in handling, printing, logistics management of cash.

Finance Minister Nirmala Sitharaman had announced that India will launch a 'digital rupee' in 2022-23 using blockchain and other technologies.

Read more

[sidnazpro2020]

Latest News Today - 'Greater Capex To Play Crucial Role In Revitalizing

Latest News Today – ‘Greater Capex To Play Crucial Role In Revitalizing

Finance Minister Nirmala Sitharaman chaired the virtual meeting with senior government officials While reviewing the capital expenditure performance of the key ministries and their central public sector enterprises or CPSEs today, Finance Minister Nirmala Sithraman emphasized that an enhanced capital expenditure or capex will play a crucial role in economic revival after the COVID-19 pandemic.…

[newsleftright]

The strike comes after Union Finance Minister Nirmala Sitharaman had in the Budget announced the privatization of two public sector banks as part of the government's disinvestment drive to generate ₹ 1.75 lakh crore.

[gujjukathiyawadi]

પેટ્રોલ-ડીઝલ સસ્તું નહીં થાય, વિત્ત મંત્રી નિર્મલા સીતારમણે કોંગ્રેસને જવાબદાર ગણાવી

[newscountryindia]

P Chidambaram's Speech On Union Budget Only "Verbose": Nirmala Sitharaman

P Chidambaram’s Speech On Union Budget Only “Verbose”: Nirmala Sitharaman

“There is a lot of grudge in the speech of the former finance minister,” Nirmala Sitharaman said. New Delhi: Finance Minister Nirmala Sitharaman on Friday hit out at senior Congress leader and former finance minister P Chidambaram, saying that his speech in Rajya Sabha was only “verbose” as he had nothing meaningful to say about the Budget. Participating in the discussion on the Budget, Mr…

[newschannel24]

India's Budget 2021 Announced Digitally For The First Time