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Nirmala Sitharaman

FM announces container manufacturing scheme with Rs 10,000 cr outlay

New Delhi: Finance Minister Nirmala Sitharaman Sunday proposed a container manufacturing scheme, with a budgetary allocation of Rs 10,000 crore over five years, to create a globally competitive container building ecosystem. To promote environmentally sustainable movement of cargo, Sitharaman said a scheme for the enhancement...

LRS: Govt proposes 2% TCS for education, medical spends

New Delhi: Finance Minister Nirmala Sitharaman Sunday proposed to reduce the tax collection at source (TCS) rate to 2 per cent for education and medical purposes under Liberalised Remittance Scheme (LRS) as well as on sale of overseas tour program package. Presenting the Union Budget...

 

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