Anurag Singh Thakur

Cabinet Briefing By Union Ministers Anurag Singh Thakur And Ashwini Vaishnaw

Live: Union Ministers Anurag Singh Thakur & Ashwini Vaishnaw addresses the Press briefing post CCEA

Union Ministers Anurag Singh Thakur and Ashwini Vaishnaw speak at Cabinet briefing after CCEA decision

Don't take any step that would undermine sports: Sports Minister to protesting wrestlers

Thakur also urged the wrestlers to be patient and trust the investigation into the allegations against the Wrestling Federation of India's former chief Brij Bhushan Sharan Singh.

Govt raises minimum support prices for six Rabi crops

Minimum support price refers to state-set price at which government agencies procure select crops from farmers to shield them from typical price volatilities. About 23 crops are currently covered under MSP.

Media and entertainment industry expected to generate Rs 7.5 lakh crore annually by 2030: Anurag Singh Thakur

The Minister for Information and Broadcasting also said that the rapidly expanding digital infrastructure in the country and the ongoing advancements taking place in the AVGC (animation, visual effects, gaming and comics) sector have the potential to make India the preferred post-production hub of the media and entertainment industry.

No proposal for scrutiny of GST assessment in faceless mode: Anurag Thakur

Income tax assessments are being done in a faceless manner except in certain conditions and till March 10, a total of 82,072 assessment cases have been completed in a faceless manner, he added.

Over 10,000 companies closed down in FY21, MoS finance Anurag Thakur tells Parliament

The Ministry of Corporate's official statistics show that 68,463 companies closed down in FY20.

Gross NPAs of PSBs decline to Rs 6.09 lakh crore in September 2020: Anurag Singh Thakur

There was record recovery of Rs 2.54 lakh crore during March 2018 and September 2020 and 11 out of 12 PSBs reported profit in the first half of 2020-21 amounting to Rs 14,688 crore, he said in a written reply to Rajya Sabha.

Indian rupee remained among better performing Asian currencies in 2020: Anurag Singh Thakur

"In the financial year 2020-21, the Indian rupee (INR) has appreciated by 3.53 percent till February 2, 2021, as per the information provided by Reserve Bank of India," Anurag Singh Thakur said in a written reply to Rajya Sabha.

Over Rs 2.06 lakh crore GST compensation to states due for April-November

Minister of State for Finance Anurag Singh Thakur, in a written reply in the Lok Sabha, said GST compensation of Rs 40,000 crore has been released to all states/Union Territories to meet partly the bi-monthly compensation for period April-May 2020 as the GST Compensation Fund was not adequate to meet the full compensation for the period.

India can achieve double-digit growth with expansion of manufacturing base: Anurag Singh Thakur

The minister of state for finance said that in the past six years, the Modi government has consistently introduced reforms that have brought about significant changes.

Govt garners Rs 9,538 crore from direct tax dispute resolution scheme so far

Finance Minister Nirmala Sitharaman had proposed the direct tax dispute resolution scheme, which provides opportunity to taxpayers to pay outstanding taxes and get waiver of interest and penalty, in her Union Budget speech on February 1.

Impact of corporate tax rate cut to be felt in coming years: Anurag Singh Thakur

This has enabled the corporate tax rates in India to be amongst the lowest in the world, he said, adding "given that investment decisions have a long term perspective, the impact of this landmark reform would be felt in coming years".

Banks' NPAs in large industry, services fall 31% in over two years to Rs 4.36 lakh crore

"As per Reserve Bank of India (RBI) data on domestic operations, NPAs of scheduled commercial banks pertaining to large industry and services have come down to Rs 4,36,492 crore as on June 30, 2020 (provisional) from Rs 6,35,971 crore as on March 31, 2018, registering a decline of 31 percent," Thakur said in a written reply to the Lok Sabha.

No proposal for raising Foreign Institutional Investment limit in PSBs to 49%: Anurag Singh Thakur

Replying to another question, he said, the government and World Bank have so far signed only one loan of $750 million on May 15, 2020 as budgetary support to the Government for accelerating India’s COVID-19 Social Protection Response Programme in order to support measures undertaken under Pradhan Mantri Garib Kalyan Yojana (PMGKY), the benefits of which have flown to all States/UTs.

FDI inflow from China declines to $163.77 million in FY20: Finance Ministry

Giving details of the total foreign direct investment (FDI) inflow from Chinese companies in India, Minister of State for Finance Anurag Singh Thakur said, it was $350.22 million in 2017-18, while it declined to $229 million in the following year.

Bank accounts opened under Jan Dhan Yojana crosses 40-crore mark

The achievement comes just ahead of the sixth anniversary of PMJDY launch. The scheme was launched on August 28, 2014 with an aim to provide universal access to banking facilities to the people in the country.

India Inc should come forward and make investment: MoS Finance Anurag Singh Thakur

Talking about steps taken by the government to promote investment in this difficult time, Thakur said as many as 58 sections of the companies law have been decriminalised while threshold limit of invoking bankruptcy proceedings raised from Rs 1 lakh to Rs 1 crore.

Anurag Singh Thakur says Aatmanirbhar Bharat package will have multiplier effect on economy

Minister of State for Finance Anurag Singh Thakur said India's resilience will help it sail through these testing times and that government led by PM Narendra Modi is doing everything possible for industry to deal with current challenges

Govt wants credit flow at lower interest rate: Anurag Singh Thakur

He was interacting with the MCCI members on a webinar where he heard the concerns of the members about overcoming the COVID-19 induced crisis on the economy and human lives.

6.35 Crore ITRs electronically filed till mid February 2020, up from 6.28 Crore in 2018-19

Thakur said 5.18 crore ITRs were e-filed in Assessment Year 2016-17, 5.32 crore in 2017-18, 6.28 crore in 2018-19 and 6.35 crore in 2019-20 (up to February 15, 2020).

Govt issues notices in 422 cases involving Rs 12,000 cr under foreign black money law

Minister of State for Finance Anurag Singh Thakur said the Income Tax Department has taken continuous and concerted actions under the Black Money (Undisclosed Foreign Income & Assets) and Imposition of Tax Act since it came into force on July 1, 2015.

CEOs of six banks under CBI, ED investigation: Govt

"As per the extant guidelines on Public Interest Disclosure and Protection of Informers Resolution (PIDPI), Central Vigilance Commission (CVC) has been given powers to act on complaints from whistleblowers," Thakur said.

Exporters' 634 fraudulent GST refund claims worth Rs 1,912 cr detected

In a written reply to a question in the Rajya Sabha, Minister of State for Finance Anurag Singh Thakur said of this Rs 238.97 crore has been recovered by the Central GST authorities from the entities which claimed the fraudulent refunds.

52,720 Integrated GST refund claims pending for more than one year: Anurag Thakur

A number of companies applied for Goods & Services Tax (GST) refund since the introduction of the tax regime, he said, adding a total of 1,86,158 entities have filed 36,42,272 refund applications, out of which 34,46,010 refund applications have been finalised as on December 2.