
The finance minister thanked the industry for being level-headed while facing the challenges during the first and second Covid wave

The bill also seeks to amend Section 15 of the DICGC Act to enable the Corporation to increase the ceiling on the amount of premium

Sitharaman said its passage will help generate required resources from the Indian markets so that general insurers can design innovative products

Banks are required to take steps to initiate the legal process against the borrowers or guarantors for recovery dues, Sitharaman said

She said fundamentals of the economy remain strong and with gradual scaling back of lockdowns, the recovery will gain further steam

On the 161st anniversary of Income Tax day she complimented the department for simplifying the procedures, processes and making things simpler

On the 161st anniversary of Income Tax Day, she complimented the I-T dept for continuing to work towards simplifying its procedures and processes

Sitharaman spoke about stimulus packages announced recently which are tailored to meet the basic requirement of investors

The Central Board of Indirect Taxes and Customs (CBIC) has sought feedback from the public and other stakeholders regarding this matter

During the meeting, discussions of finance ministers were focused on policies for economic recovery, sustainable finance and international taxation