Finance Minster

Budget 2023: Post-Budget stakeholder Interaction by Finance Minister Nirmala Sitharaman

Rupee is not sliding, dollar is strengthening: Finance Minister Nirmala Sitharaman

She asserted that the fundamentals of the Indian economy were strong and that inflation was low compared to other parts of the world.

Dept of Heavy Industry opposes reduction of R&D tax breaks

CNBC-TV18 learns from sources that the Department of Heavy Industry is planning to write to the Finance Minster opposing this move, arguing that this will hurt the ‘Make in India‘ campaign and wants the R&D exemption to stay for this sake.

Fiscal deficit, inflation under control: Arun Jaitley

The total indirect tax collections during the first four months of the fiscal rose by 37 percent. On the global front, Jaitley said developments like the possibility of US Federal Reserve cutting rates, crisis in Europe and devaluation of the Chinese currency will have implications on India.

Widen direct transfer benefits: Bimal Jalan on govt spend

Expenditure Management Committee has submitted an interim report to Finance Minster, suggesting ways to rationalise ‎government spend, including subsidies for Budget FY16.

Expenditure Management Panel submits interim report to FM

The panel is learnt to have recommended ways to achieve fiscal discipline for Budget FY16 by suggesting better targeting of Kerosene, LPG subsidies and cutting government spend via levying user charges on services ‎to shore up non-tax revenues.

FM@IBLA: To live up to 4.1% FY15 fiscal deficit target

Finance Minister is very upbeat on growth for 2016 and says it will be much better year than 2015. He is hopeful of interest softening with inflation remaining subdued.

Don't see Rajan index formula adopted in toto: Pronab Sen

Dr Pronab Sen, former planning commission member and chief statistician of India does not think the ministries would adopt the Raghuram Rajan formula in toto in every case. Dr NK Singh former revenue and expenditure secretary also agrees with Sen.

More meaningful budget could have excited women

Call it an early International woman's day gift or an attempt to appease the female voters in India, the Union Budget 2013-14, definitely give the fairer sex in India a reason to smile.

GoM meeting on Coal Regulator bill postponed

A meeting of the Group of Ministers (GoM), under the Chairmanship of Finance Minster P Chidambaram, which was to be held to deliberate on the draft Coal Regulator bill has been postponed.

Race for FM: After Pranab Mukherjee, who next?

The race to Rashtrapati Bhawan may be over but the hunt has now begun to find a replacement for Pranab Mukherjee in the Finance Ministry. But what is corporate India's expectation from the new minister in this crucial portfolio?

Fiscal Deficit: Direct tax collection to fall in FY12: Sources

In what could further impede Finance Minster's plans for fiscal consolidation, the direct tax collections for India stand at about Rs 5 lakh crore as against Rs 4.50 lakh crore in FY11, reports CNBC-TV18 quoting sources.

India sought to join IMF Lagarde consensus: FM

India supported France's Christine Lagarde as the International Monetary Fund's next leader because it wanted to be part of the consensus that was forming around her, Finance Minster Pranab Mukherjee said on Tuesday.

Taxing Times: Direct Tax Agenda

Indians are expecting the Finance Minster to bring some crucial changes in the Union Budget 2011. One of the major expectations from the FM is to make the direct tax code (DTC) more efficient. Thus, the FM will have to strike a balance between the inflation and growth and choose not to tinker with taxes.