Page 7 - Latest Updates on Nirmala Sitharaman
FM asks AIIB to assist low-income countries to avail financial resources
Sitharaman also met Qatar Finance Minister Ali bin Ahmed Al Kuwari and discussed bilateral trade, investments, digital public infrastructure and bilateral investment treaty (BIT) among others
 "FM asks AIIB to assist low-income countries to avail financial resources")
Sitharaman to visit Uzbekistan from Sept 24 to 28, attend AIIB annual meet
During the visit, the finance minisrtry said Sitharaman will sign a Bilateral Investment Treaty (BIT) between India and Uzbekistan
 "Sitharaman to visit Uzbekistan from Sept 24 to 28, attend AIIB annual meet")
No way victim shaming was done: FM Sitharaman on row over EY remark
The finance minister said that she had specifically mentioned that after clearing a demanding and rigorous examination such as CA, the stress on her was unbearable
 "No way victim shaming was done: FM Sitharaman on row over EY remark")
Left, Congress in Kerala attack Sitharaman over remark on EY employee death
In an event held at Chennai on Saturday, Sitharaman had in an apparent reference to the incident, said families should teach the children to handle pressure through divinity
 "Left, Congress in Kerala attack Sitharaman over remark on EY employee death")
India on right track to become Viksit Bharat by 2047: FM Sitharaman
The country needs to build institutional capabilities which is to look at the strength of the banks, the infrastructure the country has and the health of the companies
Avail finance ministry's services to boost business: FM to fisherfolks
She observed that women hailing from the community are also eligible to take term loans from banks and financial institutions by producing the Kisan credit card
Govt to kick off FY26 Budget making exercise from 2nd week of next month
Pre-budget meeting shall commence from second week of October, 2024 and shall continue till around mid-November, 2024, it said
 "Govt to kick off FY26 Budget making exercise from 2nd week of next month")
FM reviews housing and urban affairs ministry capex with focus on PMAY
A key focus of the discussions during the meeting was the Pradhan Mantri Awas Yojana (Urban) scheme, which plays a crucial role in providing affordable housing
Banks to play key role in making India developed nation: FM Sitharaman
She said that banks cannot have a digital system that gets hacked somewhere, compromising the entire system and the trust placed in it
 "Banks to play key role in making India developed nation: FM Sitharaman")
Banks to play major role in making India developed by 2047: FM Sitharaman
Finance Minister Nirmala Sitharaman noted that technology is changing the banking landscape as it provides a secure and easy-to-navigate digital banking experience to all customers
India's economic growth stands out globally, says FM Nirmala Sitharaman
The scheme is an extension of the already existing NPS to children. In the last 10 years, NPS has gained 1.86 crore subscribers, with Assets Under Management (AUM) of Rs 13 trillion
 "India's economic growth stands out globally, says FM Nirmala Sitharaman")
Sitharaman launches NPS Vatsalya, parents can open pension a/c for children
Finance Minister Nirmala Sitharaman on Tuesday launched the NPS Vatsalya scheme, which will allow parents to save for their children's future by investing in a pension account.
 "Sitharaman launches NPS Vatsalya, parents can open pension a/c for children")
FM reviews Railway Ministry's capex plan, asks to expedite 'Kavach' system
MoR officials informed the Minister that Kavach-related works are currently in progress in over 3000RKm (route km) on the Delhi-Howrah and Delhi-Mumbai sections
No tax rate reductions for old regime, clarifies Nirmala Sitharaman
Finance Minister Nirmala Sitharaman said that the government is not compelling anyone to switch from the old to the new tax regime
 "No tax rate reductions for old regime, clarifies Nirmala Sitharaman")
Facts need to be taken on board: FM Nirmala Sitharaman on Buch row
FM said that Buch, along with her husband, had answered quite a few of the allegations levelled against her by the Congress party and have put forth the facts
 "Facts need to be taken on board: FM Nirmala Sitharaman on Buch row")
FM Nirmala Sitharaman to launch NPS-Vatsalya scheme on September 18
NPS-Vatsalya scheme is designed as a variant of the existing National Pension System (NPS), specifically tailored for younger individuals
Tamil Nadu restaurant saga: Ambiguity over GST food rates in spotlight
The GST rates on goods are based on the harmonised system of nomenclature (HSN) codes
 "Tamil Nadu restaurant saga: Ambiguity over GST food rates in spotlight")
MoS Finance likely to be convenor of GoM on GST compensation cess
Finance Minister Nirmala Sitharaman last week said the loan and interest are expected to be repaid as early as December 2025 or January 2026
 "MoS Finance likely to be convenor of GoM on GST compensation cess")
Rahul slams govt over video of restaurant chain owner 'apologising' to FM
In a post on X, Gandhi said when owner of a small business, like Annapoorna restaurant in Coimbatore, asks for a simplified GST regime, his request is met with 'arrogance and outright disrespect'
 "Rahul slams govt over video of restaurant chain owner 'apologising' to FM")
54th GST Council meet: New GoM to look into rate on life, health insurance
The issue of taxation of insurance premiums had figured in Parliament discussions with Opposition members demanding that health and life insurance premiums be exempt from the GST
 "54th GST Council meet: New GoM to look into rate on life, health insurance")
