FM Sitharaman backs no change in income tax rates

The Union Budget 2022-23 presented by Finance Minister Nirmala Sitharaman on Tuesday left the salaried class disappointed as tax slabs and rates were left unchanged. In an interview with Rahul Joshi, Editor-in-Chief, Network18, Sitharaman defended the move and said tax stability and predictability are crucial at this point in time. READ MORE

Feb 2, 2022 7:02 PM

FM Nirmala Sitharaman explains why divestment target is 'low'

It involves a lot of working together and taking a lot of people together and moving forward. So naturally, it does consume time, FM Nirmala Sitharaman said.The finance minister also said that she is committed to the disinvestment plan and expects the LIC IPO to be completed this year itself. READ MORE

Feb 2, 2022 6:52 PM

FM interview exclusive: Crypto asset not currency unless issued by RBI

Union Finance Minister Nirmala Sitharaman, in an exclusive interview with Rahul Joshi, Editor-in-Chief, Network18, added a little more clarity to the discourse on the 30% tax on crypto assets, or, as the FM had said in her Budget 2022 speech on Tuesday, "virtual digital assets". READ MORE

Feb 2, 2022 6:36 PM

Growth target at 8% achievable; hopeful of pickup in private investment

Union Finance Minister Nirmala Sitharaman on Wednesday assured that the target to achieve 8 percent GDP growth in the next fiscal is achievable. “If things go as they're going now, and all sectors revive with support from the government, 8 percent growth is achievable,” she said in an exclusive interview with Rahul Joshi, Editor-in-Chief, Network18. She added that she was hopeful of private investment picking up. READ MORE

Feb 2, 2022 6:31 PM

Budget puts focus on various digital initiatives from digital learning to digital land records. India's stack of digital platforms must be able to communicate with global counterparts across stages, says FM Nirmala Sitharaman

Feb 2, 2022 6:15 PM

Hope tax revenues will be higher than target, but being conservative is not wrong. Being conservative is also being responsible in finance, says FM Nirmala Sitharaman

Feb 2, 2022 6:11 PM

There Is a difference between digital currency and digital/crypto assets. Consultations will determine what kind of Crypto Asset Bill we put together, says Nirmala Sitharaman

Feb 2, 2022 6:08 PM

LIC IPO should happen this year itself, says FM Nirmala Sitharaman

Feb 2, 2022 6:00 PM

The RBI has been keenly watching the situation to see how Fed moves will play out. Lessons learnt from taper tantrum fresh in our mind, says FM Nirmala Sitharaman

Feb 2, 2022 5:56 PM

RBI will launch the digital currency (CBDC) sooner rather than later. Once it goes through Parliament, RBI will move forward to take cabinet approval, says FM Nirmala Sitharaman

Feb 2, 2022 5:55 PM

I'm glad to know I'm called a risk taker. I'm not saying I've delivered but making sure that Indian economy rises out of trouble. It's good if I'm called a risk taker, says FM Nirmala Sitharaman

Feb 2, 2022 5:53 PM

Air India was a complex subject. It took a lot of working together with people to keep transparency at every stage, says FM Nirmala Sitharaman

Feb 2, 2022 5:51 PM

Despite naysayers, FDI into this country is still coming in a big way. Therefore companies happy to be partnering with FDI and they are increasing capacities. PLI scheme also indicates that, says FM Nirmala Sitharaman

Feb 2, 2022 5:48 PM

We are at a stage where we're transitioning towards climate friendly steps. We want to look at natural gas coming in to replace fossil fuel, says FM Nirmala Sitharaman

Feb 2, 2022 5:46 PM

Stability and predictability in tax regime is very important at this point of time. Any exemption given goes to those who need it but also by law goes to someone who doesn't need it. So we considered stability and predictability was more important, says FM Nirmala Sitharaman

Feb 2, 2022 5:41 PM

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