Smt. Nirmala Sitharaman Current Affairs, GK & News

Govt buries Retrospective Tax

Finance Minister, Nirmala Sitharaman, introduced a Bill in Parliament to nullify the provisions of Income Tax Act. This bill has put an end to contentious retrospective tax law which has hit the confidence of foreign investors like Vodafone and Cairn. Highlights Government also proposed to refund amount paid in litigation by companies without any interest. ..

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44th GST Council Meeting

44th meeting of Goods and Services Tax (GST) Council was chaired by Finance Minister Nirmala Sitharaman on June 12, 2021. Several changes in GST rate have been made which would be applicable till September 30, 2021. What decisions were taken? As per the Finance Minister, GST Council has accepted recommendations of Group of Ministers (GoM) ..

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FM chairs 20th Meeting of FSDC

The 20th Meeting of Financial Stability and Development Council (FSDC) was held under the Chairmanship of Smt. Nirmala Sitharaman, Union Minister of Finance and Corporate Affairs. Key Highlights of Meeting The Meeting reviewed current global and domestic economic situation, overall macro-economic situation and financial stability issues including those concerning Banking and Non Banking Financial Company ..

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