The FinTech Hub
Source: Live Mint At a recent event in Mumbai, Union Finance Minister Nirmala Sitharaman flagged mis-selling of financial products, particularly related to insurance. Often, consumers buy an insurance product after being prodded by an agent, who could be a friend or a relative. After numerous calls, which culminate in a face-to-face meeting, you decide to…
Source: Business Standard 2 min read Last Updated : Oct 14 2024 | 8:54 PM IST The Prime Minister Internship Scheme is aimed at bridging the employability gap for students coming fresh out of college, Finance Minister Nirmala Sitharaman said on Monday. Speaking at the “Meet the Great Leaders” programme at St. Teresa’s…
Source: Business Standard 1 min read Last Updated : Oct 08 2024 | 7:26 PM IST Finance Minister Nirmala Sitharaman on Tuesday commended Indian financial sector regulators for doing a “world-class job” and bringing greater transparency into the system. Underlining that she is not against questioning or critiquing regulators, Sitharaman said there…
Source: Live Mint Following the announcement made by the Union Finance Minister Nirmala Sitharaman during Budget 2024, the Central Board of Direct Taxes (CBDT) has set up an internal committee to oversee a comprehensive review of the Income Tax (I-T) Act. The key goal of this review is to make the income tax law concise, clear and…
Source: Business Standard 3 min read Last Updated : Sep 21 2024 | 3:54 PM IST The Income Tax Department on Saturday said it has notified dispute resolution scheme Vivad Se Vishwas scheme 2.0 that provides for lesser settlement amounts for taxpayers who file declaration on or before December 31, 2024, in comparison to…
Source: Business Standard Union Finance Minister Nirmala Sitharaman | (Photo: PTI) 2 min read Last Updated : Sep 17 2024 | 9:54 PM IST Finance Minister Nirmala Sitharaman on Tuesday reviewed the capex plan of the Railways Ministry and asked officials to focus on safety and convenience of commuters. Sitharaman also told the…
Source: Business Standard The new regime features lower tax rates and an increased standard deduction of Rs 75,000. | File Photo 3 min read Last Updated : Sep 17 2024 | 10:25 AM IST Finance Minister Nirmala Sitharaman has confirmed that there will be no tax rate reductions under the old tax regime, despite…
Source: Business Standard Finance Minister Nirmala Sitharaman in her reply to discussion on the Finance Bill had said 75 per cent of the GST collected goes to states and opposition members should ask their state finance ministers to bring the proposal at the GST Council (Representational Picture) 4 min read Last Updated : Sep 08…
