‘A feature of their govts’: Sitharaman jabs Congress after SC ruling on Devas

Sitharaman jabs Congress after SC ruling on Devas

Nirmala Sitharaman, the Union Finance Minister, said on Tuesday that the Supreme Court’s order upholding Devas Multimedia’s liquidation is comprehensive, while accusing the previous Congress-led UPA government of entering into a “fraudulent” and “scandalous” deal with the company by allocating S-band spectrum used by the defence for “pittance.” In 2011, the Manmohan Singh government terminated … Read more

LIC IPO is expected to hit the market in March, with draught documents due to the Sebi by the end of January.

Sitharaman jabs Congress after SC ruling on Devas

According to an official, the government plans to launch the LIC big public offer in March and file draught papers with market regulator Sebi by the end of this month. In a meeting with top ministry officials last week, Finance Minister Nirmala Sitharaman assessed the development of the Life Insurance Corporation’s (LIC) initial public offering … Read more

Finance ministry, there is no proposal to extend the deadline for filing I-T returns.

Finance ministry: No proposal to extend the deadline for filing I-T returns.

The Union Finance Ministry stated on Friday that there is no proposal to extend the deadline for filing income tax returns (ITRs). The deadline for filing an income tax return is today, December 31, 2021. “A total of 5.62 crore returns had been filed by 3 p.m. today.” Over 20 lakh returns were filed today. … Read more

Union Finance Minister Nirmala Sitharaman is holding a meeting with state finance ministers on Thursday

Sitharaman jabs Congress after SC ruling on Devas

According to ANI, Union Finance Minister Nirmala Sitharaman will have a pre-budget consultation with state finance ministers on Thursday. This is part of a series of sessions she has been holding in preparation for the Budget presentation. Every year on February 1st, the finance minister presents the General Budget to Parliament. Sitharaman conducted a similar … Read more