Sitharaman will move for passage the Limited Liability Partnership (Amendment) Bill 2020, Deposit Insurance and Credit Guarantee Corporation (Amendment) Bill, 2021, and General Insurance Business (Nationalisation) Amendment Bill, 2021

The Cabinet on Wednesday approved amendment to DICGC Act to provide account holders access to up to Rs 5 lakh funds within 90 days of bank failure. 

The government has no plan to print currency notes to tide over the current economic crisis triggered by the outbreak of COVID-19 pandemic, Finance Minister Nirmala Sitharaman informed Parliament on Monday.

The members of the Federation of Karnataka Chambers of Commerce and Industry (FKCCI) appealed to Nirmala Sitharaman to bring petrol and diesel under the GST regime.

Sitharaman, who is on a 2-day visit to Karnataka, said that she had already assured all the stakeholders about convening a special session in which every issue related to GST compensation would be discussed in detail.

No one wishes a third wave but on the infrastructure, medical infrastructure, I think we have given that kind of attention, says Finance Minister Nirmala Sitharaman.

Expressing satisfaction on overcoming most of the GST implementation challenges, including two waves of the COVID-19 pandemic, Sitharaman also thanked taxpayers for their support in making the GST a reality.

Senior Congress leader P Chidambaram on Tuesday said the answer to this "crisis" is to spur demand by putting money in the hands of the people.

Finance Minister Nirmala Sitharaman on Monday announced Rs 1.5 lakh crore of additional credit for small and medium businesses, more funds for the healthcare sector, loans to tourism agencies and guides, and waiver of visa fee for foreign tourists as part of the package to support the economy

As part of plan to provide relief to the tourism industry, among the worst affected sectors by the pandemic, and to encourage travel activities, the government on Monday said that it would offer tourist visa free of charge till March 31, 2022.

The government on Monday extended the Atmanirbhar Bharat Rozgar Yojana, which was launched in October last year to encourage employment generation, by nine months till March 31, 2022.

Nirmala Sitharaman said that the government has approved a Rs 1.1 lakh crore loan guarantee scheme for COVID-19 affected sectors.

Finance Minister Nirmala Sitharaman on Tuesday reviewed with Infosys officials the technical glitches that continue to mar the new income tax e-filing portal.

According to reports, the government has picked CBI and IOB for divestment. The government is likely to amend the Banking Regulations Act and other related laws to facilitate the planned divestment.   

The GST Council on Saturday slashed the tax rate on coronavirus medicines such as Remdesivir and equipment like oxygen concentrators and medical grade oxygen.

Infosys Co-Founder Nandan Nilekani has responded to Finance Minister Nirmala Sitharaman after the latter flagged issues in the new income tax e-filing website asking the technology company to fix the glitches.

Finance Minister Nirmala Sitharaman on Tuesday asked Infosys and its Chairman Nandan Nilekani to fix technical glitches being encountered on the income tax department's new e-filing website, after users flooded her Twitter timeline with complaints.

Union Finance Minister Nirmala Sitharaman on Sunday in a series of tweets responded to West Bengal Chief Minister Mamata Banerjee after the latter wrote to the Centre seeking exemption from GST/customs and other duties, taxes on some items including Covid related drugs.

Even with the second wave, we are very clear that we are not going in for lockdowns in a big way, Nirmala Sitharaman said.

The Central government has rolled back cuts on interest rates on small savings schemes like National Savings Certificates and PPF.