Petrol And Diesel Prices Plunge As Modi Government Cuts Excise Duty

May 21, 2022 9:17 pm

The Union Finance Minister Nirmala Sitaraman announced that the Centre would reduce the central excise duty on petrol and diesel. As per the FM, the petrol rate would drop by ₹9.5 per liter, and diesel would drop by ₹7 per liter. As a result, the government would bear a revenue implication of ₹1 lakh crores […]

Crypto As Legal Tender Might Soon Be Legal, Hints Sitharaman And RBI’s Guv

February 14, 2022 5:06 pm

Union finance minister Nirmala Sitharaman said there was complete harmony with which her department was working with Reserve Bank of India on all issues, including cryptocurrencies. She said there is a respect towards each other’s domain and priorities keeping the country’s interests in mind. “Not just on crypto, but on every other thing as well. […]

NO!! Crypto Hasn’t Been Legalised Yet : Finance Minister Nirmala Sitharaman

February 11, 2022 7:36 pm

Nirmala Sitharaman has broke her silence over the issue of Legalising Crypto in the country, After the the proposed implementation of tax on Private Crypto Currency during Budget 2022, Finance Minister has spoken up after the Crypto Currency Tax got mixed reaction and people assuming the actions as Legalization of the Private Crypto Currency. Finance […]

Nirmala Sitharaman Might Just Have Put Her Foot In The Mouth

February 2, 2022 4:12 pm

At a post-Budget press conference held in the national capital Wednesday morning, the Finance Minister’s “made light” of Rahul Gandhi’s accusation that the government had delivered a “zero-sum budget” for the middle class, farmers and the poor. When Ms Sitharaman was asked to comment on Mr Gandhi’s attack, she said: “I think he has not […]

Union Budget 2022: 68% Of R&D Budget In Defence To Promote Atmanirbhar Defence Manufacturing

February 1, 2022 3:41 pm

For encouraging “Atmanirbhar Bharat” further this year as well, 68% of the capital procurement budget in defence will be earmarked for the domestic industry in 2022-23 (up from the 58% last fiscal).To encourage research and development by private corporations, start-ups and academia into defence research and equipment development, states Finance Minister Nirmala Sitharaman while announcing […]

Nirmala Sitharaman Announces Roll Out Of E-Passports This Financial Year

February 1, 2022 12:58 pm

During Union Budget speech, Finance minister Nirmala Sitharaman announced about rolling out new E-Passports. They will be infused with microchips soon in this financial year to make travelling abroad easy for Indian citizens. Many of us are now curious about this new E-Passport. Many of us will be curious to know – What is E-Passport? […]