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Seeking to dispel doubts over the economy and government's growth agenda, Finance Minister Nirmala Sitharaman on Friday said the India's GDP continues to grow at a faster pace than the global economy and any other major economy.
Addressing a press conference, she said reform is a continuous process for her government and it tops the agenda and announced a slew of measures to revive economy.
Below are the highlights:
6:40pm:바카라 웹사이트Corruption and economic slowdown is all because of the previous Congress governments, and the reforms and economic growth is because of the efforts of the current government, says Nirmala Sitharaman.
6:30pm:바카라 웹사이트Withdrawal of super-rich surcharge on FPIs, the domestic investor will be for the entire fiscal year, says the Revenue Secretary.
6:19pm:바카라 웹사이트Our economic growth continues to be the highest, says Nirmala Sitharaman.
6:18pm: The government바카라 웹사이트will soon come up with solutions for home buyers, says Finance Minister Nirmala Sitharaman.
6:17pm:바카라 웹사이트The government is working on vehicle scrappage policy, says the FM.
6:14pm:바카라 웹사이트 Ban on purchase of new government vehicles revoked, says Sitharaman.
6:13pm: Revision of one-time registration fees deferred till June 2020.
6:11pm: The바카라 웹사이트BS IV vehicles purchased till March 31, 2020 to remain operational for the entire period of registration, says Finance Minister.
6:10pm:바카라 웹사이트An inter-ministerial is being formed by the Department of Economic Affairs to finalise the pipeline of infrastructure projects, says Sitharaman.
6:06pm:바카라 웹사이트In contractual disputes by Govt CPSEs to be implemented and monitored by Cabinet Secretariat, says FM.
6:05pm:바카라 웹사이트Aadhar-based KYC to be permitted for the opening of Demat account and making an investment in mutual funds, says Sitharaman.
6:03pm: Will establish an organisation to provide Credit Enhancement for Infrastructure and housing projects to improve access to long term finances, says FM.
6:00pm:바카라 웹사이트바카라 웹사이트Amendment to MSME Act to move towards single definition to be considered, says FM.
5:59pm:바카라 웹사이트In future, all GST refunds to MSMEs will be paid within 60 days, says the Finance Minister.
5:57pm:바카라 웹사이트바카라 웹사이트All pending GST refunds due to MSMEs shall be paid within 30 days from today, says Nirmala Sitharaman.
5:55pm:바카라 웹사이트NBFCs will now be allowed to use Aadhar authenticated KYCs, says FM Sitharaman.
5:54pm: "Banks have decided to pass on rate cuts by RBI to borrowers; launched repo rate or external benchmark-linked loan products."
5:53pm: Home loans, working capital loans to be cheaper, says Sitharaman.
5:50pm:바카라 웹사이트There will be online tracking of online loan applications that would bring transparency and reduce harassment, says FM.
5:47pm:바카라 웹사이트바카라 웹사이트To reduce harassment and bring in greater efficiency, PSBs to ensure mandated returns of loan documents, says FM.
5:44pm: Govt to infuse upfront Rs 70,000 cr into public sector banks to enable the release of Rs 5 lakh cr liquidity in the market, says Sitharaman.
5:43pm:바카라 웹사이트All I-T notices will be cleared within three months of reply, says Sitharaman.
5:41pm:바카라 웹사이트Withdrawl of Angel Tax provisions for start-ups and their investors, says FM.
5:40pm:바카라 웹사이트바카라 웹사이트All바카라 웹사이트 I-T notices will go through a central system, says FM.
5:38 pm:바카라 웹사이트바카라 웹사이트"The angle that the government is going to harass people is being disproved. We are more in favour of a penalty rather than a prosecution. We are moving from a prosecution route to a more human approach", the Finance Minister said.바카라 웹사이트
5:37 pm:바카라 웹사이트 CSR violation will not be treated as a criminal offence, says Sitharaman.
5:35pm:바카라 웹사이트 Withdrawl of over 14,000 prosecutions under Compliances Act, says FM.
5:34pm:바카라 웹사이트바카라 웹사이트Faster and easier approvals of mergers and acquisitions, says FM.바카라 웹사이트
5:33pm:바카라 웹사이트바카라 웹사이트Respect for wealth creators was spirit of budget for FY20; consultations with different sectors to understand their needs thereafter, says FM.
5:31pm:바카라 웹사이트바카라 웹사이트Indian economy is better positioned, and the government is working on reforming the economy. Filing IT returns will be simplified, says Sitharaman.
5:29pm:바카라 웹사이트The growth in the economy is on top of the agenda of the current government, says Sitharaman.
5:26pm: Chinese currency fluctuations have hit the global economies, says Finance Minister.
5:22pm:바카라 웹사이트 Current projected global GDP at 3.2%, says Nirmala Sitharaman
4:40pm: Earlier during the day, Finance Minister Sitharaman asked fair market regulator the Competition Commission of India to guard Indian businesses and consumers against foreign companies, which have no presence in India, by taking suo motu action against them.
