Nirmala Sitharaman
Meghalaya CM seeks Sitharaman’s support to release share of central taxes
Meghalaya Chief Minister Conrad Sangma on Wednesday met Finance Minister Nirmala Sitharam here in the national capital to seek her support for releasing the share of central taxes and the relaxation of the strict timelines for implementation of reforms. In a tweet, Conrad Sangma said, “Met Union Finance Minister Nirmala Sitharaman Ji and sought her […]
3 years ago#Northeast Live Digital Desk
15th Finance Commission submits report for 2021-26 to Finance Minister Nirmala Sitharaman
The Fifteenth Finance Commission, led by Chairman NK Singh, submitted its report for the period 2021-22 to 2025-26 to the Finance Minister Nirmala Sitharaman, an official statement said here on Tuesday. Members of the Commission, Ajay Narayan Jha, Prof Anoop Singh, Dr Ashok Lahiri and Dr Ramesh Chand along with Secretary to the Commission, Arvind […]
3 years ago#Northeast Live Digital Desk
Finance Minister Nirmala Sitharaman announces new employment generation scheme
Finance Minister Nirmala Sitharaman on Thursday announced a new job creation scheme by giving subsidy to those establishments that make new hires. The subsidy would be to cover for retirement fund contributions by employees as well as employers for two years, she said. Employees’ contribution (12 per cent of wages) and employer’s contribution (12 per […]
3 years ago#Northeast Live Digital Desk
Mizoram MPs meet Nirmala Sitharaman; urge to waive loan liabilities to HUDCO
Two Members of Parliament from Mizoram – C Lalrosanga and K Vanlalvena called on the Union Finance minister Nirmala Sitharaman urging her to write off loan liabilities to Housing and Urban Development Corporation amounting to Rs 39.29 crore. According to official sources, C Lalrosanga and K Vanlalvena met with Union Finance Minister Nirmala Sitharaman on […]
4 years ago#Northeast Live Digital Desk
Govt to give Rs 12,000 crore special interest-free 50 year loan to states
Finance Minister Nirmala Sitharaman on Monday said a special interest-free 50-year loan will be issued to states by the Centre for Rs 12,000 crore capital expenditure. Addressing a press conference ahead of crucial 43rd Goods and Services Tax (GST) Council meeting, Sithraman said, “Capital expenditure — money spent on infrastructure and asset creation — has […]
4 years ago#Northeast Live Digital Desk
Nirmala Sitharaman to announce final tranche of Rs 20 lakh cr stimulus package on Sunday
Finance Minister Nirmala Sitharaman will announce the fifth and last tranche of Rs 20 lakh crore stimulus package at 11 am on Sunday. Sitharaman on Saturday said that the central government will introduce competition, transparency and private sector participation in the coal sector and will do infrastructure development of Rs 50,000 crore. Earlier on Friday, […]
4 years ago#Northeast Live Digital Desk
Centre announces Rs 1 lakh crore Agri Infrastructure Fund in 3rd tranche of stimulus package
Finance Minister Nirmala Sitharaman on Friday announced Rs 1 lakh crore Agri Infrastructure Fund for farm gate infrastructure for farmers and Rs 10,000 crore scheme for the formalisation of Micro Food Enterprises (MFEs) in the third tranche of Rs 20 lakh crore stimulus package. As part of Agri Infrastructure Fund, financing facility of Rs 1 […]
4 years ago#Northeast Live Digital Desk
Govt announces Rs 3 lakh crore collateral-free automatic loans for MSMEs
Finance Minister Nirmala Sitharaman on Wednesday announced a series of liquidity measures for millions of small businesses reeling under the impact of COVID-19 lockdown, including collateral-free automatic loans worth Rs 3 lakh crore. Borrowers with up to Rs 25 crore outstanding and Rs 100 crore turnover will be eligible. These loans will have a four-year […]
4 years ago#Northeast Live Digital Desk
FM Nirmala Sitharaman announces 1.7 lakh crore relief package for poor amid COVID-19 crisis
Finance minister Nirmala Sitharaman on Thursday announced a slew of significant measures to deal with the economic distress caused due to the COVID-19 pandemic and the subsequent 21-day nationwide lockdown imposed to deal with the situation. The development comes at a time when Prime Minister Narendra Modi last week had constituted a task force headed […]
4 years ago#Northeast Live Digital Desk
Union Budget 2020 key highlights: Massive tax bonanza by Govt
Union Finance Minister Nirmala Sitharaman tabled the Budget for the year 2020-21 in the Lower House of the Parliament on Saturday. The Finance Minister proposed a new tax regime in Budget 2020 slashing income tax rates and rejigging income tax slabs to reduce total tax payable by individuals. As per the new regime, 70 tax […]
4 years ago