Banks’ bad debts coming down, profit margins going up: Sitharaman
Finance Minister Nirmala Sitharaman on Tuesday said that Indian banks have not only witnessed their bad debts coming down but also their profit margins going up.
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Finance Minister Nirmala Sitharaman on Tuesday said that Indian banks have not only witnessed their bad debts coming down but also their profit margins going up.
The minister mentioned that the government provides income tax exemption for those earnings up to ₹7.27 lakh per annum under the new tax regime.
India has realized that the business aspect of India has progressively improved, despite the hurdles from global bank collapses.
After President Droupadi Murmu's speech to both Houses of Parliament, FM laid the papers in the Lok Sabha.
According to the minister, the new bill would be comprehensive enough to cover all difficulties because it had been discussed with both Indian and foreign specialists.
Inflation has decreased to a manageable level, according to Finance Minister Nirmala Sitharaman, and the creation of jobs and equitable income distribution continue to be top priorities.
Congress Members had walked out of the debate as Finance Minister Nirmala Sitharaman had talked about price rise in the country
Finance Minister Suresh Khanna claimed under Prime Minister Swanidhi scheme promoted entrepreneurial skills of small entrepreneurs as Rs 21,000 crore loan will be distributed under the scheme in the next 100 days.
The wife of UK Finance Minister Rishi Sunak has claimed non-domicile status to save her tax bill while her husband was the chancellor.
A day after he was appointed Sri Lanka's new Finance Minister to battle the country's worst economic meltdown, Ali Sabry resigned from the post.
The goal, according to the Union Finance Minister, is to establish a nation with technologically advanced facilities.
Finance Minister Nirmala Sitharaman presented Union Budget 2022 today, Here are highlights of Budget with Important updates.
As India steps towards a $5 trillion economy by 2025, here are the top five corporate wish on direct and indirect taxes.
The Centre has no plans to abolish the long-term capital gains (LTCG) tax on equities and mutual funds stated the Finance Minister.
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