Bharat Express

Nirmala Sitharaman

MSMEs, which have a huge contribution to the country's GDP and employment generation, are subjected to higher taxation.

Union Finance Minister Nirmala Sitharaman on Sunday alleged that the Tamil Nadu government-administered temples have barred puja for Lord Ram on the day of the consecration of the grand temple in Ayodhya

"This Bill proposes to replace the erstwhile Provisional Collection of Taxes Act, 1931 with a minor change that is technical in nature," Sitharaman said.

Replying to the debate on the first batch of Supplementary Demands for Grants for 2023-24 and the demands for excess grants for 2020-2021, she said the government has prioritised balancing interests of consumers and farmers.

Sitharaman underscored a significant concern, revealing that approximately 13.5 crore people have grappled with 'multi-dimensional' poverty over the past five years.

The Indian rupee has depreciated 0.8 percent so far in 2023

According to data they quoted, 469 international companies started operating in India between March 2023 and March 2018, whereas 559 foreign companies stopped operating over that time.

All economic commentators were taken aback by the GDP figures released on Thursday, as they had predicted a 6.8% growth rate this quarter.

Sitharaman and RBI Governor Shaktikanta Das will co-chair the fourth G20 Finance Ministers and Central Bank Governors (FMCBG) meeting at Marrakech, Morocco

Sitharaman stated, "The minister openly said it's a protest not against Sanatana Dharma, but to eradicate Sanatana Dharma," and alleged that no constituent of the INDIA bloc has condemned these remarks.