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Union Finance Minister Nirmala Sitharaman on Tuesday exhorted the Central Board of Direct Taxes (CBDT) to take prompt action in disciplinary cases against tax officers and other employees.
Finance Minister Nirmala Sitharaman flagged anonymity as an ‘inherent risk’ in blockchain technology and warned for future increase in the use of technology.
Fiscal deficit for 2020-21 stood at 9.3 per cent of the gross domestic product (GDP), more promising than 9.5 per cent projected in the adjusted estimates in the Budget in February.
The survey revealed that India sees 8-8.5% GDP growth in FY23.
Life insurance is a long-term solution, unlike other financial products which have a shorter investment horizon and are covered under the 80C provision.
The GST rate hike on textiles from 5 per cent to 12 per cent was to come into effect from January 1.
On July 1, 2021, Union Finance Minister visited the KPCL campus in Yelahanka, Bengaluru, to see the 100-oxygenated bed facility.
An ordinance to amend the Insolvency and Bankruptcy Code was ordered in June. According to this ordinance, insolvency proceedings could not be started against any defaulter for 6 months.
Union Finance Minister, Nirmala Sitaraman, asks for update status on key infrastructure projects under the Rs. 111 trillion National Infrastructure Pipeline.
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