Nirmala Sitharaman

Orders issued by oversight, FM Sitharaman withdraws cut in interest on small savings, Twitterati responds

Interest rates for small savings schemes are notified on a quarterly basis. Once restored, PPF and NSC will carry an annual interest rate of 7.1 per cent and 6.8 per cent, respectively.

Apr 01, 2021, 10:49 AM IST

Central government withdraws decision to reduce interest rates on small savings schemes

After hours of reducing interest rates on small savings schemes, the central government has decided to withdraw the order. Finance Minister Nirmala Sitharaman said in a tweet on Thursday that the interest rates of the government's small savings schemes will continue to be similar to the last quarter of 2020-21.

Apr 01, 2021, 09:54 AM IST

Govt withdraws interest rate cut order on PPF, other small saving schemes

FM Nirmala Sitharaman today reversed the rate cut decision, which initiated a stir on social media yesterday.

Apr 01, 2021, 08:44 AM IST

Good news for Sarkari babus! Here’s how new PF rules affect them

To put it simply, the interest on contribution to Provident Fund for up to Rs 5 lakh per annum will be tax-free. Earlier, the limit was Rs 2.5 lakh which was introduced in the Finance Bill proposal. However, finance minister Nirmala Sitharaman doubled the limit where there was no employer contribution.

Mar 27, 2021, 15:13 PM IST

Big update on Provident Fund! Govt hikes PF threshold limit to Rs 5 lakh for earning tax-free interest

Replying to a discussion on the Finance Bill 2021 in Lok Sabha, Nirmala Sitharaman said the tax-free limit on PF is now being amended to a maximum of Rs 5 lakh per annum.

Mar 24, 2021, 09:40 AM IST

Lok Sabha passes bill to create National Bank for Financing Infrastructure and Development

The National Bank for Financing Infrastructure and Development (NBFID) Bill, 2021 was passed after a reply by Finance Minister Nirmala Sitharaman. The new development finance institution (DFI) will seek to address market failures that stem from the long-term, low margin and risky nature of infrastructure financing.

Mar 23, 2021, 22:01 PM IST

BJP issues whip to Lok Sabha MPs for March 22 for 'very important legislative business'

A three-line whip issued by Chief Whip Rakesh Singh requested the support of the Member of Parliaments for the government's "very important legislative business". The legislative business will take place on Monday (March 22).

Mar 20, 2021, 06:40 AM IST

Insurance Amendment Bill 2021: Rajya Sabha adjourned as Opposition creates ruckus

Finance Minister Nirmala Sitharaman moved a bill in the Upper House to consider for further amendment of the Insurance Act 1938.

Mar 18, 2021, 15:25 PM IST

FM Nirmala Sitharaman to move Insurance (Amendment) Bill 2021 in Rajya Sabha for passing today

The Insurance (Amendment) Bill 2021 seeks to amend the Insurance Act to pave the way for 74 per cent foreign direct investment (FDI) in the sector.

Mar 18, 2021, 10:10 AM IST

No proposal to bring petrol, diesel, ATF, gas under GST: FM Nirmala Sitharaman

When the GST was introduced on July 1, 2017, amalgamating over a dozen central and state levies, five commodities - crude oil, natural gas, petrol, diesel, and aviation turbine fuel (ATF) - were kept out of its purview given the revenue dependence of the central and state governments on this sector.

Mar 16, 2021, 11:40 AM IST

Finance Minister Nirmala Sitharaman calls fuel price hike as 'dharam sankat' for Centre

Calling the inflated fuel price a `dharam sankat` (dilemma) for the government, Finance Minister Nirmala Sitharaman on Friday said the state and the Centre both earn revenue on petroleum products and both sides should discuss it.

Mar 05, 2021, 23:58 PM IST

Finance Minister Nirmala Sitharaman receives her first dose of the COVID-19 vaccine

"Got my first dose of the vaccination against COVID-19 this morning. Thanking Sister Ramya PC for her care and professionalism. Fortunate to be in India, where development and dissemination have been prompt and affordable. #vaccinated," Sitharaman tweeted.

Mar 04, 2021, 18:43 PM IST

Centre, states should talk on reducing fuel prices: Nirmala Sitharaman

Union Finance Minister Nirmala Sitharaman said there should be less burden on consumers and both the Centre and states should talk with each other over reducing taxes on diesel and petrol whose prices have risen sharply in recent times.

Feb 25, 2021, 23:13 PM IST

FM Sitharaman says bringing petrol, diesel under GST regime could help in lowering fuel prices

Sitharaman, who had increased central excise duty on petrol and diesel by a record margin last year to mop up gains arising from international oil prices plunging to two- decade low, remained non-committal on cutting taxes to give relief to consumers.

Feb 22, 2021, 11:58 AM IST

Zee Top 50: Major news stories so far

In this segment, you will find the top news stories of the day. Segment Zee Top 50 is a part of Zee News's important news bulletins in which we cover all the important news.

Feb 13, 2021, 16:36 PM IST

Rahul Gandhi becoming 'doomsday man' for India, says FM Nirmala Sitharaman

Replying to the general discussion on Union Budget in Lok Sabha, FM Nirmala Sitharaman said the former Congress chief was creating fake narratives but does not have the patience to listen to replies on allegations levelled against the government.

Feb 13, 2021, 14:08 PM IST

Finance Minister Nirmala Sitharaman responded to the budget discussion in Lok Sabha

Saturday is the last day of the budget session in the Lok Sabha. Finance Minister Nirmala Sitharaman is replying to the budget discussion. She first lashed out at Rahul Gandhi and the Congress party, saying that Rahul Gandhi had broken democratic values. She also discussed issues such as the Corona pandemic and India's economy and reforms.

Feb 13, 2021, 13:08 PM IST

Nirmala Sitharaman: Why did Rahul Gandhi not participate in the budget discussion?

Finance Minister Nirmala Sitharaman made a scathing attack on Rahul Gandhi, replying to the budget discussion in Lok Sabha, saying that Rahul Gandhi broke democratic values. Why did Rahul Gandhi not participate in the budget discussion?

Feb 13, 2021, 12:42 PM IST

Free LPG Cylinder along with Rs 1,600 cash: Know all about THIS Modi govt scheme

Three State owned Oil Marketing Companies i.e. IOCL, BPCL and HPCL have implemented the Scheme in all the States/UTs of the country in a mission mode and achieved the target of 8 crore connections in September 2019, seven months ahead of the timelines set (March 2020).

Feb 08, 2021, 12:42 PM IST

Modi govt distributes Rs 3,000 to each of 7 lakh workers of THIS state: Details here

Under the Assam Cha Bagichhar Dhan Puraskar Mela Scheme, Rs 3,000 each has been credited to the bank accounts of 7,46,667 tea workers. These tea estate workers had previously received Rs 5,000 in two installments by way of direct benefit transfer (DBT).

Feb 08, 2021, 10:55 AM IST