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Nirmala Sitharaman on PMC bank crisis: Will speak to RBI governor

Nirmala Sitharaman vows to resolve PMC Bank crisis

Nirmala Sitharaman vows to resolve PMC Bank crisis Finance Minister Nirmala Sitharaman has assured depositors of the crisis-hit PMC Bank that she will resolve their problem by talking to the RBI governor. Finance Minister Nirmala Sitharaman said on Tuesday that she will address the concerns of the depositors of the failed Punjab and Maharashra Cooperative (PMC) Bank. She said that she will speak to the

Corporation Tax cut: Modi Government’s big surprise before Diwali

Corporation Tax Cut: Modi Government’s big surprise before Diwali

Corporation Tax Cut: Modi Government’s big surprise before Diwali At the GST Council Meeting in Goa, Union Finance Minister Nirmala Sitharaman slashed corporate tax for domestic companies and new local manufacturing companies. Finance Minister Nirmala Sitharaman’s announcement to cut corporate tax rates on 20th September was a welcome surprise for the Indian economy that has been struggling since long. According to reports, the government has

Nirmala Sitharaman announces merger of several public sector banks

Nirmala Sitharaman announces major reforms for banking sector

Nirmala Sitharaman announces major reforms for banking sector In a major development, Finance Minister Nirmala Sitharaman promulgated the government’s decision to merge 10 public sector banks into four. Finance Minister Nirmala Sitharaman promulgated on Friday the merger of Oriental Bank of Commerce and United Bank with Punjab National Bank. She further said that Syndicate Bank will be merged with Canara Bank and the Corporation Bank will merge

Aadhaar Card can now be used in place of PAN for filling taxes: Nirmala Sitharaman Budget 2019

Pan card instead of aadhar

Aadhar Card is the new Pan Card for Tax Biling PAN Card may not be necessary anymore for filing of Taxes, Aadhaar Card may play its role. Finance Minister, Nirmala Sitharaman in the Union Budget 2019 proposed the use of Aadhaar Cards instead of PAN Cards for filling Taxes.   She stated during her speech in the parliament  “More than 120 crore

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