CM Siddharamaiah holds hectic parleys in Delhi; All-party MPs urged to stand by State Bengaluru/New Delhi: Karnataka Chief Minister Siddharamaiah and Deputy CM D.K. Shivakumar held an important meeting with all the MPs from Karnataka in New Delhi this morning regarding the Cauvery River water sharing dispute wherein the Cauvery Water Management Authority (CWMA) has…
UNION BUDGET – New Tax Regime: Income Tax rebate limit increased from Rs. 5 lakh to Rs. 7 lakh
February 1, 2023New Delhi: Union Finance Minister Nirmala Sitharaman today presented the last full-fledged Union Budget of the Modi Government before nine Assembly elections including Karnataka this year and the 2024 Lok Sabha elections. The main highlight of the Budget is a new tax regime where the Income Tax rebate limit has been increased to Rs. 7…
Nirmala Sitharaman, sixth FM to present Budget five times in a row
February 1, 2023New Delhi: Finance Minister Nirmala Sitharaman is the sixth Finance Minister in independent India to present five consecutive Budgets, joining a select league of legends. Sitharaman’s Budget for the fiscal year starting April 2023 is her fifth straight since 2019. Other Ministers who have presented five straight annual financial statements include Arun Jaitley, P. Chidambaram,…
Bags GST Appreciation Certificate
July 9, 2022S. Venkatesh, Superintendent of Central Tax & Customs, Mysuru, receiving GST Appreciation Certificate from Finance Minister Nirmala Sitharaman at New Delhi recently on the occasion of 5th GST Day celebrations as others look on. He was awarded for rendering dedicated and meritorious service and promoting excellence in administration of GST.
Rajya Sabha Polls held
June 10, 2022Nirmala Sitharaman and Jaggesh of BJP; Jairam Ramesh of Congress all set to win Suspense over fourth seat to end this evening Bengaluru: As expected, two candidates of the ruling BJP — Union Finance Minister Nirmala Sitharaman and actor Jaggesh and one from the Opposition Congress — former Union Minister Jairam Ramesh — are certain…
GST officer from Kollegal collects Rs. 399.36 crore tax dues
March 9, 2022Finance Minister Nirmala Sitharaman honours him with Presidential Award Kollegal: Union Minister for Finance & Corporate Affairs Nirmala Sitharaman conferred the Presidential Awards in the form of Appreciation Certificates and Medals for “Exceptionally Meritorious Service at Risk to Life” and “Specially Distinguished Record of Service” to the officers and staff of Central Board of Indirect…
It’s ‘Sab ka vinash’ budget, says former CM Siddharamaiah
February 2, 2022H.D. Kote: Former Chief Minister Siddharamaiah yesterday criticised the Union Budget presented by Finance Minister Nirmala Sitharaman as ‘Sab ka vinash’ budget for its poor allocation to various sectors such as health, agriculture, education food security and employment generation among others. The former CM also expressed his concern over mounting debts of the country. Addressing…
Union Budget: No change in Income Tax slabs
February 1, 2022Digital rupee with blockchain from RBI coming up Taxpayers can file updated returns within 2 years in one-time window 30% tax for digital assets, highest tax band Rs. 2 per litre will be imposed on unblended fuel from Oct. 1, 2022 All 1.5 lakh post offices to be connected to core banking system PM Gati…
From Budget Briefcase to ‘Bahi Khata’ to Tablet
February 1, 2022New Delhi: When Finance Minister Nirmala Sitharaman presented her first Union Budget in 2019, she drew the nation’s attention by replacing the budget briefcase with the “bahi khata.” The decision to opt for the bahi khata appeared to be a move to dump the colonial practice of carrying a briefcase. The “budget briefcase” was a…
Nirmala’s shortest Budget speech
February 1, 2022New Delhi: This year, Finance Minister Nirmala Sitharaman wrapped up her Budget speech this time in about 92 minutes — her shortest one so far. Last year she had spoken for an hour and 50 minutes. Her speech in 2020 had made headlines for being the longest one in India’s history at about 2 hours…
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