Union Finance and Corporate Affairs Minister Nirmala Sitharaman launched the Mutual Credit Guarantee Scheme for Micro, Small and Medium Enterprises (MCGS – MSME) for facilitating […]
Tag: Finance Minister
FM Nirmala Sitharaman asks ADB to support India with more concessional climate finance
New Delhi: Finance minister Nirmala Sitharaman on Tuesday impressed upon Asian Development Bank (ADB) to support India with more concessional climate finance, stating that the […]
FM Sitharaman backs ‘holistic’ approach to multilateral development bank reforms
India backed a “holistic” approach to multilateral development bank reforms while pitching a staggered timeline for a capital increase to make it more acceptable to […]
Govt unlikely to roll back tax plan on high-value life insurance
The Indian government is unlikely to make changes to its budget proposal of taxing the total returns on high-value life insurance policies, two government officials […]
NBFCs appeal for rollback of tax provisions on MLD returns
Non-bank lenders are seeking a rollback of the budget announcement that has classified returns on market-linked debentures (MLD) as short-term capital gains, resulting in higher […]