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FM Nirmala Sitharaman News
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Pre-Budget meetings are held from November 21 to 28.
Foreign Minister Nirmala Sitharaman chaired the pre-Budget meetings.
More than 110 invitees representing seven stakeholder groups participated in pre-Budget meetings.
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FM held back-to-back bilaterals with global finance ministers & top officials.
The meeting is centred on important economic issues.
Sitharaman is on an official visit to the United States.
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Over 1 crore individuals have outstanding income tax demand of over ₹8.40 lakh crore as on April 01, 2022
LIC has informed that as on December 31, 2021, it has an outstanding unclaimed amount of ₹21,336.28 crore
Amount of ₹1,255.66 crore that had remained unclaimed was transferred to SCWF (Senior Citizen Welfare Fund).
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The Bill was tabled by Finance Minister Nirmala Sitharaman amends the Insolvency and Bankruptcy Code 2016 which provides a time-bound process for resolving insolvency in companies and among individuals.
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With the facility of SMS getting activated, taxpayers with NIL liability need not log on to the GST portal and would be able to file their NIL returns through a SMS on "14409".
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Finance Minister Nirmala Sitharaman on Wednesday said that the definition of the Medium, Small and Micro Enterprises (MSME) has been changed so that they can grow in size and get benefits.
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